U.S. Ship Repair and Maintenance Services Market to 2032

Overview

The U.S. Ship Repair and Maintenance Services Market is expected to reach a 13.13 USD Billion by 2032 and is projected to grow at a CAGR of 1.19% from 2025 to 2032.

Revenue, 2024 (USD Billion)
11.95
Forecast, 2032 (USD Billion)
13.13
CAGR, 2024 - 2032
1.19%
Report Coverage
North America

U.S. Ship Repair and Maintenance Services Market 2018-2032 USD Billion

U.S. Ship Repair and Maintenance Services Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 11.95 USD Billion
  • Projected Market Size (2032): 13.13 USD Billion
  • CAGR (2025-2032): 1.19%

Key Findings of U.S. Ship Repair and Maintenance Services Market

  • The U.S. Ship Repair and Maintenance Services Market was valued at 13.13 USD Billion in 2024.
  • The U.S. Ship Repair and Maintenance Services Market is likely to grow at a CAGR of 1.19% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Government & Defense in End-User Segment accounted for the largest share of the market with a revenue of 8.37 USD Billion
  • The fastest growing segment Oil & Chemical Tankers in Vessel Segment grew Fastest with a CAGR of 2.58% during the forecast period from 2024 to 2032.

U.S. Ship Repair and Maintenance Services Market Scope

U.S. Ship Repair and Maintenance Services Market Segmentation & Scope
Application
  • General Services
  • Electric Works & Auxiliary Services
  • Others
  • Dockage
  • Engine Parts
End-User
  • Government & Defense
  • Commercial
Service Type
  • Maintenance
  • Repair
Vessel
  • Others
  • Reefer Ships
  • Gas Carriage
  • Oil & Chemical Tankers
  • Container Ships
  • Dry Bulk Carriers
  • General Cargo
  • Passenger Ships

U.S. Ship Repair and Maintenance Services Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Billion
Market Value in 2024 11.95 USD Billion
Market Value in 2032 13.13 USD Billion
CAGR (2025-2032) 1.19%
Historic Data 2016-2023
Market Segments Covered Application,End-User,Service Type,Vessel

Regional Insights:

  • Leading Market (2024-2032): North America, leading in terms of revenue 11.95 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 11,948.78 USD Million in 2024.

Segments and Scope

  • U.S. Ship Repair and Maintenance Services Market to 2032, By Application
    • Dockage is the largest segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a revenue of 4.27 USD Billion in the year 2024.
    • Dockage is the Fastest growing segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a Growth rate of 1.36 % in forecast period 2025-2032.
  • U.S. Ship Repair and Maintenance Services Market to 2032, By End-User
    • Government & Defense is the largest segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a revenue of 8.37 USD Billion in the year 2024.
    • Government & Defense is the Fastest growing segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a Growth rate of 1.28 % in forecast period 2025-2032.
  • U.S. Ship Repair and Maintenance Services Market to 2032, By Service Type
    • Maintenance is the largest segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a revenue of 6.79 USD Billion in the year 2024.
    • Maintenance is the Fastest growing segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a Growth rate of 1.28 % in forecast period 2025-2032.
  • U.S. Ship Repair and Maintenance Services Market to 2032, By Vessel
    • Oil & Chemical Tankers is the largest segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a revenue of 2.29 USD Billion in the year 2024.
    • Oil & Chemical Tankers is the Fastest growing segment in U.S. Ship Repair and Maintenance Services Market to 2032 with a Growth rate of 2.58 % in forecast period 2025-2032.

U.S. Ship Repair and Maintenance Services Market Company Share Analysis

 
U.S. Ship Repair and Maintenance Services Market Company Share Analysis
U.S. Ship Repair and Maintenance Services Market Company Share Analysis

U.S. Ship Repair and Maintenance Services Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Ship Repair and Maintenance Services Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Ship Repair and Maintenance Services Market Company Profiling

U.S. Ship Repair and Maintenance Services Market Company Profiling
Frequently Asked Questions
The U.S. Ship Repair and Maintenance Services Market is segmented based on Segmentation Application,End-User,Service Type,Vessel.
U.S. Ship Repair and Maintenance Services Market was valued at USD 11.95(Revenue in USD Billion) in 2023.
U.S. Ship Repair and Maintenance Services Market is projected to grow at a CAGR of 1.19% during the forecast period of 2024 to 2032.
The Government & Defense segment is expected to dominate the U.S. Ship Repair and Maintenance Services Market, holding a largest market share of 8.37 USD Billion in 2024

U.S. Ship Repair and Maintenance Services Market Scope

U.S. Ship Repair and Maintenance Services Market Segmentation & Scope
Application
  • General Services
  • Electric Works & Auxiliary Services
  • Others
  • Dockage
  • Engine Parts
End-User
  • Government & Defense
  • Commercial
Service Type
  • Maintenance
  • Repair
Vessel
  • Others
  • Reefer Ships
  • Gas Carriage
  • Oil & Chemical Tankers
  • Container Ships
  • Dry Bulk Carriers
  • General Cargo
  • Passenger Ships
Frequently Asked Questions
The U.S. Ship Repair and Maintenance Services Market is segmented based on Segmentation Application,End-User,Service Type,Vessel.
U.S. Ship Repair and Maintenance Services Market was valued at USD 11.95(Revenue in USD Billion) in 2023.
U.S. Ship Repair and Maintenance Services Market is projected to grow at a CAGR of 1.19% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Ship Repair and Maintenance Services Market for final year is USD 13.13 (USD Billion).

U.S. Ship Repair and Maintenance Services Market Company Profiling

U.S. Ship Repair and Maintenance Services Market Company Profiling
Frequently Asked Questions
The U.S. Ship Repair and Maintenance Services Market is segmented based on Segmentation Application,End-User,Service Type,Vessel.
U.S. Ship Repair and Maintenance Services Market was valued at USD 11.95(Revenue in USD Billion) in 2023.
U.S. Ship Repair and Maintenance Services Market is projected to grow at a CAGR of 1.19% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Ship Repair and Maintenance Services Market for final year is USD 13.13 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.