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Ship Market Size, Share, Forecast 2034

The global ship market reached a value of USD 225.08 billion in 2024 and is projected to grow at a CAGR of 6.60% from 2025 to 2034, reaching nearly USD 426.49 billion by 2034. The market is expanding due to increasing demand for commercial and military vessels, advancements in shipbuilding technologies, and rising investments in sustainable and energy-efficient ships.

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Ship Market Size & Share | Industry Report Analysis 2034

The global ship market size reached around USD 225.08 Billion in 2024. The market is projected to grow at a CAGR of 6.60% between 2025 and 2034 to reach nearly USD 426.49 Billion by 2034.