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Global Vessel Retrofit Services Market Research Report 2025

Published Date: March 2025

Report Code: QYRE-Auto-8H19234

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Global Vessel Retrofit Services Market Research Report 2025

Code: QYRE-Auto-8H19234

Report

March 2025

Pages:116

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

Vessel Retrofit Services Market Size

The global market for Vessel Retrofit Services was valued at US$ 5626 million in the year 2024 and is projected to reach a revised size of US$ 7261 million by 2031, growing at a CAGR of 4.3% during the forecast period.

Vessel Retrofit Services Market

Vessel retrofit services refers to the modification or upgrade of existing ships with new technologies, equipment, or systems. This is done to improve the vessel's performance, efficiency, safety, and environmental impact, or to extend its operational life.

North American market for Vessel Retrofit Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Vessel Retrofit Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global market for Vessel Retrofit Services in Commercial Cargo Ships is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Vessel Retrofit Services include MITSUBISHI HEAVY INDUSTRIES, ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB, Wartsila, HD Hyundai Marine Solutions, YANMAR HOLDINGS, DNV, Seatrium, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Vessel Retrofit Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Retrofit Services.

The Vessel Retrofit Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Vessel Retrofit Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Vessel Retrofit Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Vessel Retrofit Services Market Report

Report Metric	Details
Report Name	Vessel Retrofit Services Market
Accounted market size in year	US$ 5626 million
Forecasted market size in 2031	US$ 7261 million
CAGR	4.3%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Alternative Fuel Retrofits Energy Efficiency Retrofits Emission Control Retrofits Others
Segment by Application	Commercial Cargo Ships Passenger Ships Specialized Vessels
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	MITSUBISHI HEAVY INDUSTRIES, ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB, Wartsila, HD Hyundai Marine Solutions, YANMAR HOLDINGS, DNV, Seatrium, Tenerife Shipyards, Vard Marine, SeaTec, Austal Service, SHIP REPAIR, Ulstein Verft, L&T India, SFM Marine, Hidramar, Kenya Shipyards Limited, Fincantieri, Arab Shipbuilding and Repair Yard, Drydocks World Dubai, Damen Shipyards Group, Schulte Marine Concept, CHENGXI SHIPYARD, COSCO SHIPPING HEAVE INDUSTRY, WUCHANG SHIPBUILDING INDUSTRY GROUP, OMEP, KRAL GmbH
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Vessel Retrofit Services company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Vessel Retrofit Services Market growing?

Ans: The Vessel Retrofit Services Market witnessing a CAGR of 4.3% during the forecast period 2025-2031.

What is the Vessel Retrofit Services Market size in 2031?

Ans: The Vessel Retrofit Services Market size in 2031 will be US$ 7261 million.

Who are the main players in the Vessel Retrofit Services Market report?

Ans: The main players in the Vessel Retrofit Services Market are MITSUBISHI HEAVY INDUSTRIES, ALFA LAVAL, Kongsberg Maritime, MAN Energy Solutions, ABB, Wartsila, HD Hyundai Marine Solutions, YANMAR HOLDINGS, DNV, Seatrium, Tenerife Shipyards, Vard Marine, SeaTec, Austal Service, SHIP REPAIR, Ulstein Verft, L&T India, SFM Marine, Hidramar, Kenya Shipyards Limited, Fincantieri, Arab Shipbuilding and Repair Yard, Drydocks World Dubai, Damen Shipyards Group, Schulte Marine Concept, CHENGXI SHIPYARD, COSCO SHIPPING HEAVE INDUSTRY, WUCHANG SHIPBUILDING INDUSTRY GROUP, OMEP, KRAL GmbH

What are the Application segmentation covered in the Vessel Retrofit Services Market report?

Ans: The Applications covered in the Vessel Retrofit Services Market report are Commercial Cargo Ships, Passenger Ships, Specialized Vessels

What are the Type segmentation covered in the Vessel Retrofit Services Market report?

Ans: The Types covered in the Vessel Retrofit Services Market report are Alternative Fuel Retrofits, Energy Efficiency Retrofits, Emission Control Retrofits, Others

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Vessel Retrofit Services Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Alternative Fuel Retrofits

1.2.3 Energy Efficiency Retrofits

1.2.4 Emission Control Retrofits

1.2.5 Others

1.3 Market by Application

1.3.1 Global Vessel Retrofit Services Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Commercial Cargo Ships

1.3.3 Passenger Ships

1.3.4 Specialized Vessels

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Vessel Retrofit Services Market Perspective (2020-2031)

2.2 Global Vessel Retrofit Services Growth Trends by Region

2.2.1 Global Vessel Retrofit Services Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Vessel Retrofit Services Historic Market Size by Region (2020-2025)

2.2.3 Vessel Retrofit Services Forecasted Market Size by Region (2026-2031)

2.3 Vessel Retrofit Services Market Dynamics

2.3.1 Vessel Retrofit Services Industry Trends

2.3.2 Vessel Retrofit Services Market Drivers

2.3.3 Vessel Retrofit Services Market Challenges

2.3.4 Vessel Retrofit Services Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Vessel Retrofit Services Players by Revenue

3.1.1 Global Top Vessel Retrofit Services Players by Revenue (2020-2025)

3.1.2 Global Vessel Retrofit Services Revenue Market Share by Players (2020-2025)

3.2 Global Top Vessel Retrofit Services Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Vessel Retrofit Services Revenue

3.4 Global Vessel Retrofit Services Market Concentration Ratio

3.4.1 Global Vessel Retrofit Services Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Vessel Retrofit Services Revenue in 2024

3.5 Global Key Players of Vessel Retrofit Services Head office and Area Served

3.6 Global Key Players of Vessel Retrofit Services, Product and Application

3.7 Global Key Players of Vessel Retrofit Services, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Vessel Retrofit Services Breakdown Data by Type

4.1 Global Vessel Retrofit Services Historic Market Size by Type (2020-2025)

4.2 Global Vessel Retrofit Services Forecasted Market Size by Type (2026-2031)

5 Vessel Retrofit Services Breakdown Data by Application

5.1 Global Vessel Retrofit Services Historic Market Size by Application (2020-2025)

5.2 Global Vessel Retrofit Services Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Vessel Retrofit Services Market Size (2020-2031)

6.2 North America Vessel Retrofit Services Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Vessel Retrofit Services Market Size by Country (2020-2025)

6.4 North America Vessel Retrofit Services Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Vessel Retrofit Services Market Size (2020-2031)

7.2 Europe Vessel Retrofit Services Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Vessel Retrofit Services Market Size by Country (2020-2025)

7.4 Europe Vessel Retrofit Services Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Vessel Retrofit Services Market Size (2020-2031)

8.2 Asia-Pacific Vessel Retrofit Services Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Vessel Retrofit Services Market Size by Region (2020-2025)

8.4 Asia-Pacific Vessel Retrofit Services Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Vessel Retrofit Services Market Size (2020-2031)

9.2 Latin America Vessel Retrofit Services Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Vessel Retrofit Services Market Size by Country (2020-2025)

9.4 Latin America Vessel Retrofit Services Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Vessel Retrofit Services Market Size (2020-2031)

10.2 Middle East & Africa Vessel Retrofit Services Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Vessel Retrofit Services Market Size by Country (2020-2025)

10.4 Middle East & Africa Vessel Retrofit Services Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 MITSUBISHI HEAVY INDUSTRIES

11.1.1 MITSUBISHI HEAVY INDUSTRIES Company Details

11.1.2 MITSUBISHI HEAVY INDUSTRIES Business Overview

11.1.3 MITSUBISHI HEAVY INDUSTRIES Vessel Retrofit Services Introduction

11.1.4 MITSUBISHI HEAVY INDUSTRIES Revenue in Vessel Retrofit Services Business (2020-2025)

11.1.5 MITSUBISHI HEAVY INDUSTRIES Recent Development

11.2 ALFA LAVAL

11.2.1 ALFA LAVAL Company Details

11.2.2 ALFA LAVAL Business Overview

11.2.3 ALFA LAVAL Vessel Retrofit Services Introduction

11.2.4 ALFA LAVAL Revenue in Vessel Retrofit Services Business (2020-2025)

11.2.5 ALFA LAVAL Recent Development

11.3 Kongsberg Maritime

11.3.1 Kongsberg Maritime Company Details

11.3.2 Kongsberg Maritime Business Overview

11.3.3 Kongsberg Maritime Vessel Retrofit Services Introduction

11.3.4 Kongsberg Maritime Revenue in Vessel Retrofit Services Business (2020-2025)

11.3.5 Kongsberg Maritime Recent Development

11.4 MAN Energy Solutions

11.4.1 MAN Energy Solutions Company Details

11.4.2 MAN Energy Solutions Business Overview

11.4.3 MAN Energy Solutions Vessel Retrofit Services Introduction

11.4.4 MAN Energy Solutions Revenue in Vessel Retrofit Services Business (2020-2025)

11.4.5 MAN Energy Solutions Recent Development

11.5 ABB

11.5.1 ABB Company Details

11.5.2 ABB Business Overview

11.5.3 ABB Vessel Retrofit Services Introduction

11.5.4 ABB Revenue in Vessel Retrofit Services Business (2020-2025)

11.5.5 ABB Recent Development

11.6 Wartsila

11.6.1 Wartsila Company Details

11.6.2 Wartsila Business Overview

11.6.3 Wartsila Vessel Retrofit Services Introduction

11.6.4 Wartsila Revenue in Vessel Retrofit Services Business (2020-2025)

11.6.5 Wartsila Recent Development

11.7 HD Hyundai Marine Solutions

11.7.1 HD Hyundai Marine Solutions Company Details

11.7.2 HD Hyundai Marine Solutions Business Overview

11.7.3 HD Hyundai Marine Solutions Vessel Retrofit Services Introduction

11.7.4 HD Hyundai Marine Solutions Revenue in Vessel Retrofit Services Business (2020-2025)

11.7.5 HD Hyundai Marine Solutions Recent Development

11.8 YANMAR HOLDINGS

11.8.1 YANMAR HOLDINGS Company Details

11.8.2 YANMAR HOLDINGS Business Overview

11.8.3 YANMAR HOLDINGS Vessel Retrofit Services Introduction

11.8.4 YANMAR HOLDINGS Revenue in Vessel Retrofit Services Business (2020-2025)

11.8.5 YANMAR HOLDINGS Recent Development

11.9 DNV

11.9.1 DNV Company Details

11.9.2 DNV Business Overview

11.9.3 DNV Vessel Retrofit Services Introduction

11.9.4 DNV Revenue in Vessel Retrofit Services Business (2020-2025)

11.9.5 DNV Recent Development

11.10 Seatrium

11.10.1 Seatrium Company Details

11.10.2 Seatrium Business Overview

11.10.3 Seatrium Vessel Retrofit Services Introduction

11.10.4 Seatrium Revenue in Vessel Retrofit Services Business (2020-2025)

11.10.5 Seatrium Recent Development

11.11 Tenerife Shipyards

11.11.1 Tenerife Shipyards Company Details

11.11.2 Tenerife Shipyards Business Overview

11.11.3 Tenerife Shipyards Vessel Retrofit Services Introduction

11.11.4 Tenerife Shipyards Revenue in Vessel Retrofit Services Business (2020-2025)

11.11.5 Tenerife Shipyards Recent Development

11.12 Vard Marine

11.12.1 Vard Marine Company Details

11.12.2 Vard Marine Business Overview

11.12.3 Vard Marine Vessel Retrofit Services Introduction

11.12.4 Vard Marine Revenue in Vessel Retrofit Services Business (2020-2025)

11.12.5 Vard Marine Recent Development

11.13 SeaTec

11.13.1 SeaTec Company Details

11.13.2 SeaTec Business Overview

11.13.3 SeaTec Vessel Retrofit Services Introduction

11.13.4 SeaTec Revenue in Vessel Retrofit Services Business (2020-2025)

11.13.5 SeaTec Recent Development

11.14 Austal Service

11.14.1 Austal Service Company Details

11.14.2 Austal Service Business Overview

11.14.3 Austal Service Vessel Retrofit Services Introduction

11.14.4 Austal Service Revenue in Vessel Retrofit Services Business (2020-2025)

11.14.5 Austal Service Recent Development

11.15 SHIP REPAIR

11.15.1 SHIP REPAIR Company Details

11.15.2 SHIP REPAIR Business Overview

11.15.3 SHIP REPAIR Vessel Retrofit Services Introduction

11.15.4 SHIP REPAIR Revenue in Vessel Retrofit Services Business (2020-2025)

11.15.5 SHIP REPAIR Recent Development

11.16 Ulstein Verft

11.16.1 Ulstein Verft Company Details

11.16.2 Ulstein Verft Business Overview

11.16.3 Ulstein Verft Vessel Retrofit Services Introduction

11.16.4 Ulstein Verft Revenue in Vessel Retrofit Services Business (2020-2025)

11.16.5 Ulstein Verft Recent Development

11.17 L&T India

11.17.1 L&T India Company Details

11.17.2 L&T India Business Overview

11.17.3 L&T India Vessel Retrofit Services Introduction

11.17.4 L&T India Revenue in Vessel Retrofit Services Business (2020-2025)

11.17.5 L&T India Recent Development

11.18 SFM Marine

11.18.1 SFM Marine Company Details

11.18.2 SFM Marine Business Overview

11.18.3 SFM Marine Vessel Retrofit Services Introduction

11.18.4 SFM Marine Revenue in Vessel Retrofit Services Business (2020-2025)

11.18.5 SFM Marine Recent Development

11.19 Hidramar

11.19.1 Hidramar Company Details

11.19.2 Hidramar Business Overview

11.19.3 Hidramar Vessel Retrofit Services Introduction

11.19.4 Hidramar Revenue in Vessel Retrofit Services Business (2020-2025)

11.19.5 Hidramar Recent Development

11.20 Kenya Shipyards Limited

11.20.1 Kenya Shipyards Limited Company Details

11.20.2 Kenya Shipyards Limited Business Overview

11.20.3 Kenya Shipyards Limited Vessel Retrofit Services Introduction

11.20.4 Kenya Shipyards Limited Revenue in Vessel Retrofit Services Business (2020-2025)

11.20.5 Kenya Shipyards Limited Recent Development

11.21 Fincantieri

11.21.1 Fincantieri Company Details

11.21.2 Fincantieri Business Overview

11.21.3 Fincantieri Vessel Retrofit Services Introduction

11.21.4 Fincantieri Revenue in Vessel Retrofit Services Business (2020-2025)

11.21.5 Fincantieri Recent Development

11.22 Arab Shipbuilding and Repair Yard

11.22.1 Arab Shipbuilding and Repair Yard Company Details

11.22.2 Arab Shipbuilding and Repair Yard Business Overview

11.22.3 Arab Shipbuilding and Repair Yard Vessel Retrofit Services Introduction

11.22.4 Arab Shipbuilding and Repair Yard Revenue in Vessel Retrofit Services Business (2020-2025)

11.22.5 Arab Shipbuilding and Repair Yard Recent Development

11.23 Drydocks World Dubai

11.23.1 Drydocks World Dubai Company Details

11.23.2 Drydocks World Dubai Business Overview

11.23.3 Drydocks World Dubai Vessel Retrofit Services Introduction

11.23.4 Drydocks World Dubai Revenue in Vessel Retrofit Services Business (2020-2025)

11.23.5 Drydocks World Dubai Recent Development

11.24 Damen Shipyards Group

11.24.1 Damen Shipyards Group Company Details

11.24.2 Damen Shipyards Group Business Overview

11.24.3 Damen Shipyards Group Vessel Retrofit Services Introduction

11.24.4 Damen Shipyards Group Revenue in Vessel Retrofit Services Business (2020-2025)

11.24.5 Damen Shipyards Group Recent Development

11.25 Schulte Marine Concept

11.25.1 Schulte Marine Concept Company Details

11.25.2 Schulte Marine Concept Business Overview

11.25.3 Schulte Marine Concept Vessel Retrofit Services Introduction

11.25.4 Schulte Marine Concept Revenue in Vessel Retrofit Services Business (2020-2025)

11.25.5 Schulte Marine Concept Recent Development

11.26 CHENGXI SHIPYARD

11.26.1 CHENGXI SHIPYARD Company Details

11.26.2 CHENGXI SHIPYARD Business Overview

11.26.3 CHENGXI SHIPYARD Vessel Retrofit Services Introduction

11.26.4 CHENGXI SHIPYARD Revenue in Vessel Retrofit Services Business (2020-2025)

11.26.5 CHENGXI SHIPYARD Recent Development

11.27 COSCO SHIPPING HEAVE INDUSTRY

11.27.1 COSCO SHIPPING HEAVE INDUSTRY Company Details

11.27.2 COSCO SHIPPING HEAVE INDUSTRY Business Overview

11.27.3 COSCO SHIPPING HEAVE INDUSTRY Vessel Retrofit Services Introduction

11.27.4 COSCO SHIPPING HEAVE INDUSTRY Revenue in Vessel Retrofit Services Business (2020-2025)

11.27.5 COSCO SHIPPING HEAVE INDUSTRY Recent Development

11.28 WUCHANG SHIPBUILDING INDUSTRY GROUP

11.28.1 WUCHANG SHIPBUILDING INDUSTRY GROUP Company Details

11.28.2 WUCHANG SHIPBUILDING INDUSTRY GROUP Business Overview

11.28.3 WUCHANG SHIPBUILDING INDUSTRY GROUP Vessel Retrofit Services Introduction

11.28.4 WUCHANG SHIPBUILDING INDUSTRY GROUP Revenue in Vessel Retrofit Services Business (2020-2025)

11.28.5 WUCHANG SHIPBUILDING INDUSTRY GROUP Recent Development

11.29 OMEP

11.29.1 OMEP Company Details

11.29.2 OMEP Business Overview

11.29.3 OMEP Vessel Retrofit Services Introduction

11.29.4 OMEP Revenue in Vessel Retrofit Services Business (2020-2025)

11.29.5 OMEP Recent Development

11.30 KRAL GmbH

11.30.1 KRAL GmbH Company Details

11.30.2 KRAL GmbH Business Overview

11.30.3 KRAL GmbH Vessel Retrofit Services Introduction

11.30.4 KRAL GmbH Revenue in Vessel Retrofit Services Business (2020-2025)

11.30.5 KRAL GmbH Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

List of Tables

Table 1. Global Vessel Retrofit Services Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Alternative Fuel Retrofits

Table 3. Key Players of Energy Efficiency Retrofits

Table 4. Key Players of Emission Control Retrofits

Table 5. Key Players of Others

Table 6. Global Vessel Retrofit Services Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Vessel Retrofit Services Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 8. Global Vessel Retrofit Services Market Size by Region (2020-2025) & (US$ Million)

Table 9. Global Vessel Retrofit Services Market Share by Region (2020-2025)

Table 10. Global Vessel Retrofit Services Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 11. Global Vessel Retrofit Services Market Share by Region (2026-2031)

Table 12. Vessel Retrofit Services Market Trends

Table 13. Vessel Retrofit Services Market Drivers

Table 14. Vessel Retrofit Services Market Challenges

Table 15. Vessel Retrofit Services Market Restraints

Table 16. Global Vessel Retrofit Services Revenue by Players (2020-2025) & (US$ Million)

Table 17. Global Vessel Retrofit Services Market Share by Players (2020-2025)

Table 18. Global Top Vessel Retrofit Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vessel Retrofit Services as of 2024)

Table 19. Ranking of Global Top Vessel Retrofit Services Companies by Revenue (US$ Million) in 2024

Table 20. Global 5 Largest Players Market Share by Vessel Retrofit Services Revenue (CR5 and HHI) & (2020-2025)

Table 21. Global Key Players of Vessel Retrofit Services, Headquarters and Area Served

Table 22. Global Key Players of Vessel Retrofit Services, Product and Application

Table 23. Global Key Players of Vessel Retrofit Services, Date of Enter into This Industry

Table 24. Mergers & Acquisitions, Expansion Plans

Table 25. Global Vessel Retrofit Services Market Size by Type (2020-2025) & (US$ Million)

Table 26. Global Vessel Retrofit Services Revenue Market Share by Type (2020-2025)

Table 27. Global Vessel Retrofit Services Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 28. Global Vessel Retrofit Services Revenue Market Share by Type (2026-2031)

Table 29. Global Vessel Retrofit Services Market Size by Application (2020-2025) & (US$ Million)

Table 30. Global Vessel Retrofit Services Revenue Market Share by Application (2020-2025)

Table 31. Global Vessel Retrofit Services Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 32. Global Vessel Retrofit Services Revenue Market Share by Application (2026-2031)

Table 33. North America Vessel Retrofit Services Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 34. North America Vessel Retrofit Services Market Size by Country (2020-2025) & (US$ Million)

Table 35. North America Vessel Retrofit Services Market Size by Country (2026-2031) & (US$ Million)

Table 36. Europe Vessel Retrofit Services Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 37. Europe Vessel Retrofit Services Market Size by Country (2020-2025) & (US$ Million)

Table 38. Europe Vessel Retrofit Services Market Size by Country (2026-2031) & (US$ Million)

Table 39. Asia-Pacific Vessel Retrofit Services Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 40. Asia-Pacific Vessel Retrofit Services Market Size by Region (2020-2025) & (US$ Million)

Table 41. Asia-Pacific Vessel Retrofit Services Market Size by Region (2026-2031) & (US$ Million)

Table 42. Latin America Vessel Retrofit Services Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 43. Latin America Vessel Retrofit Services Market Size by Country (2020-2025) & (US$ Million)

Table 44. Latin America Vessel Retrofit Services Market Size by Country (2026-2031) & (US$ Million)

Table 45. Middle East & Africa Vessel Retrofit Services Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 46. Middle East & Africa Vessel Retrofit Services Market Size by Country (2020-2025) & (US$ Million)

Table 47. Middle East & Africa Vessel Retrofit Services Market Size by Country (2026-2031) & (US$ Million)

Table 48. MITSUBISHI HEAVY INDUSTRIES Company Details

Table 49. MITSUBISHI HEAVY INDUSTRIES Business Overview

Table 50. MITSUBISHI HEAVY INDUSTRIES Vessel Retrofit Services Product

Table 51. MITSUBISHI HEAVY INDUSTRIES Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 52. MITSUBISHI HEAVY INDUSTRIES Recent Development

Table 53. ALFA LAVAL Company Details

Table 54. ALFA LAVAL Business Overview

Table 55. ALFA LAVAL Vessel Retrofit Services Product

Table 56. ALFA LAVAL Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 57. ALFA LAVAL Recent Development

Table 58. Kongsberg Maritime Company Details

Table 59. Kongsberg Maritime Business Overview

Table 60. Kongsberg Maritime Vessel Retrofit Services Product

Table 61. Kongsberg Maritime Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 62. Kongsberg Maritime Recent Development

Table 63. MAN Energy Solutions Company Details

Table 64. MAN Energy Solutions Business Overview

Table 65. MAN Energy Solutions Vessel Retrofit Services Product

Table 66. MAN Energy Solutions Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 67. MAN Energy Solutions Recent Development

Table 68. ABB Company Details

Table 69. ABB Business Overview

Table 70. ABB Vessel Retrofit Services Product

Table 71. ABB Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 72. ABB Recent Development

Table 73. Wartsila Company Details

Table 74. Wartsila Business Overview

Table 75. Wartsila Vessel Retrofit Services Product

Table 76. Wartsila Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 77. Wartsila Recent Development

Table 78. HD Hyundai Marine Solutions Company Details

Table 79. HD Hyundai Marine Solutions Business Overview

Table 80. HD Hyundai Marine Solutions Vessel Retrofit Services Product

Table 81. HD Hyundai Marine Solutions Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 82. HD Hyundai Marine Solutions Recent Development

Table 83. YANMAR HOLDINGS Company Details

Table 84. YANMAR HOLDINGS Business Overview

Table 85. YANMAR HOLDINGS Vessel Retrofit Services Product

Table 86. YANMAR HOLDINGS Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 87. YANMAR HOLDINGS Recent Development

Table 88. DNV Company Details

Table 89. DNV Business Overview

Table 90. DNV Vessel Retrofit Services Product

Table 91. DNV Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 92. DNV Recent Development

Table 93. Seatrium Company Details

Table 94. Seatrium Business Overview

Table 95. Seatrium Vessel Retrofit Services Product

Table 96. Seatrium Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 97. Seatrium Recent Development

Table 98. Tenerife Shipyards Company Details

Table 99. Tenerife Shipyards Business Overview

Table 100. Tenerife Shipyards Vessel Retrofit Services Product

Table 101. Tenerife Shipyards Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 102. Tenerife Shipyards Recent Development

Table 103. Vard Marine Company Details

Table 104. Vard Marine Business Overview

Table 105. Vard Marine Vessel Retrofit Services Product

Table 106. Vard Marine Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 107. Vard Marine Recent Development

Table 108. SeaTec Company Details

Table 109. SeaTec Business Overview

Table 110. SeaTec Vessel Retrofit Services Product

Table 111. SeaTec Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 112. SeaTec Recent Development

Table 113. Austal Service Company Details

Table 114. Austal Service Business Overview

Table 115. Austal Service Vessel Retrofit Services Product

Table 116. Austal Service Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 117. Austal Service Recent Development

Table 118. SHIP REPAIR Company Details

Table 119. SHIP REPAIR Business Overview

Table 120. SHIP REPAIR Vessel Retrofit Services Product

Table 121. SHIP REPAIR Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 122. SHIP REPAIR Recent Development

Table 123. Ulstein Verft Company Details

Table 124. Ulstein Verft Business Overview

Table 125. Ulstein Verft Vessel Retrofit Services Product

Table 126. Ulstein Verft Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 127. Ulstein Verft Recent Development

Table 128. L&T India Company Details

Table 129. L&T India Business Overview

Table 130. L&T India Vessel Retrofit Services Product

Table 131. L&T India Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 132. L&T India Recent Development

Table 133. SFM Marine Company Details

Table 134. SFM Marine Business Overview

Table 135. SFM Marine Vessel Retrofit Services Product

Table 136. SFM Marine Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 137. SFM Marine Recent Development

Table 138. Hidramar Company Details

Table 139. Hidramar Business Overview

Table 140. Hidramar Vessel Retrofit Services Product

Table 141. Hidramar Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 142. Hidramar Recent Development

Table 143. Kenya Shipyards Limited Company Details

Table 144. Kenya Shipyards Limited Business Overview

Table 145. Kenya Shipyards Limited Vessel Retrofit Services Product

Table 146. Kenya Shipyards Limited Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 147. Kenya Shipyards Limited Recent Development

Table 148. Fincantieri Company Details

Table 149. Fincantieri Business Overview

Table 150. Fincantieri Vessel Retrofit Services Product

Table 151. Fincantieri Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 152. Fincantieri Recent Development

Table 153. Arab Shipbuilding and Repair Yard Company Details

Table 154. Arab Shipbuilding and Repair Yard Business Overview

Table 155. Arab Shipbuilding and Repair Yard Vessel Retrofit Services Product

Table 156. Arab Shipbuilding and Repair Yard Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 157. Arab Shipbuilding and Repair Yard Recent Development

Table 158. Drydocks World Dubai Company Details

Table 159. Drydocks World Dubai Business Overview

Table 160. Drydocks World Dubai Vessel Retrofit Services Product

Table 161. Drydocks World Dubai Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 162. Drydocks World Dubai Recent Development

Table 163. Damen Shipyards Group Company Details

Table 164. Damen Shipyards Group Business Overview

Table 165. Damen Shipyards Group Vessel Retrofit Services Product

Table 166. Damen Shipyards Group Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 167. Damen Shipyards Group Recent Development

Table 168. Schulte Marine Concept Company Details

Table 169. Schulte Marine Concept Business Overview

Table 170. Schulte Marine Concept Vessel Retrofit Services Product

Table 171. Schulte Marine Concept Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 172. Schulte Marine Concept Recent Development

Table 173. CHENGXI SHIPYARD Company Details

Table 174. CHENGXI SHIPYARD Business Overview

Table 175. CHENGXI SHIPYARD Vessel Retrofit Services Product

Table 176. CHENGXI SHIPYARD Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 177. CHENGXI SHIPYARD Recent Development

Table 178. COSCO SHIPPING HEAVE INDUSTRY Company Details

Table 179. COSCO SHIPPING HEAVE INDUSTRY Business Overview

Table 180. COSCO SHIPPING HEAVE INDUSTRY Vessel Retrofit Services Product

Table 181. COSCO SHIPPING HEAVE INDUSTRY Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 182. COSCO SHIPPING HEAVE INDUSTRY Recent Development

Table 183. WUCHANG SHIPBUILDING INDUSTRY GROUP Company Details

Table 184. WUCHANG SHIPBUILDING INDUSTRY GROUP Business Overview

Table 185. WUCHANG SHIPBUILDING INDUSTRY GROUP Vessel Retrofit Services Product

Table 186. WUCHANG SHIPBUILDING INDUSTRY GROUP Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 187. WUCHANG SHIPBUILDING INDUSTRY GROUP Recent Development

Table 188. OMEP Company Details

Table 189. OMEP Business Overview

Table 190. OMEP Vessel Retrofit Services Product

Table 191. OMEP Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 192. OMEP Recent Development

Table 193. KRAL GmbH Company Details

Table 194. KRAL GmbH Business Overview

Table 195. KRAL GmbH Vessel Retrofit Services Product

Table 196. KRAL GmbH Revenue in Vessel Retrofit Services Business (2020-2025) & (US$ Million)

Table 197. KRAL GmbH Recent Development

Table 198. Research Programs/Design for This Report

Table 199. Key Data Information from Secondary Sources

Table 200. Key Data Information from Primary Sources

Table 201. Authors List of This Report

List of Figures

Figure 1. Vessel Retrofit Services Picture

Figure 2. Global Vessel Retrofit Services Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Vessel Retrofit Services Market Share by Type: 2024 VS 2031

Figure 4. Alternative Fuel Retrofits Features

Figure 5. Energy Efficiency Retrofits Features

Figure 6. Emission Control Retrofits Features

Figure 7. Others Features

Figure 8. Global Vessel Retrofit Services Market Size by Application (2020-2031) & (US$ Million)

Figure 9. Global Vessel Retrofit Services Market Share by Application: 2024 VS 2031

Figure 10. Commercial Cargo Ships Case Studies

Figure 11. Passenger Ships Case Studies

Figure 12. Specialized Vessels Case Studies

Figure 13. Vessel Retrofit Services Report Years Considered

Figure 14. Global Vessel Retrofit Services Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 15. Global Vessel Retrofit Services Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 16. Global Vessel Retrofit Services Market Share by Region: 2024 VS 2031

Figure 17. Global Vessel Retrofit Services Market Share by Players in 2024

Figure 18. Global Vessel Retrofit Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 19. The Top 10 and 5 Players Market Share by Vessel Retrofit Services Revenue in 2024

Figure 20. North America Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 21. North America Vessel Retrofit Services Market Share by Country (2020-2031)

Figure 22. United States Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. Canada Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Europe Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. Europe Vessel Retrofit Services Market Share by Country (2020-2031)

Figure 26. Germany Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. France Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. U.K. Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Italy Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Russia Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Nordic Countries Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Asia-Pacific Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Asia-Pacific Vessel Retrofit Services Market Share by Region (2020-2031)

Figure 34. China Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Japan Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. South Korea Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. Southeast Asia Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. India Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Australia Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Latin America Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Latin America Vessel Retrofit Services Market Share by Country (2020-2031)

Figure 42. Mexico Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Brazil Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Middle East & Africa Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Middle East & Africa Vessel Retrofit Services Market Share by Country (2020-2031)

Figure 46. Turkey Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Saudi Arabia Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. UAE Vessel Retrofit Services Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 49. MITSUBISHI HEAVY INDUSTRIES Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 50. ALFA LAVAL Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 51. Kongsberg Maritime Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 52. MAN Energy Solutions Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 53. ABB Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 54. Wartsila Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 55. HD Hyundai Marine Solutions Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 56. YANMAR HOLDINGS Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 57. DNV Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 58. Seatrium Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 59. Tenerife Shipyards Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 60. Vard Marine Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 61. SeaTec Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 62. Austal Service Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 63. SHIP REPAIR Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 64. Ulstein Verft Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 65. L&T India Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 66. SFM Marine Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 67. Hidramar Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 68. Kenya Shipyards Limited Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 69. Fincantieri Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 70. Arab Shipbuilding and Repair Yard Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 71. Drydocks World Dubai Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 72. Damen Shipyards Group Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 73. Schulte Marine Concept Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 74. CHENGXI SHIPYARD Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 75. COSCO SHIPPING HEAVE INDUSTRY Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 76. WUCHANG SHIPBUILDING INDUSTRY GROUP Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 77. OMEP Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 78. KRAL GmbH Revenue Growth Rate in Vessel Retrofit Services Business (2020-2025)

Figure 79. Bottom-up and Top-down Approaches for This Report

Figure 80. Data Triangulation

Figure 81. Key Executives Interviewed

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Global Vessel Retrofit Services Market Research Report 2025

Published Date: March 2025

Report Code: QYRE-Auto-8H19234

Global Vessel Retrofit Services Market Research Report 2025

FEATURED COMPANIES

Vessel Retrofit Services Market Size

Vessel Retrofit Services Market

Scope of Vessel Retrofit Services Market Report

Chapter Outline

FAQ for this report

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