Marine Engines Market is Projected to Reach $13 7 billion by 2025 at a CAGR of 3 1% from 2020 to 2025
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Marine Engines Market is Projected to Reach $13 7 billion by 2025 at a CAGR of 3 1% from 2020 to 2025
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Oshima Shipbuilding (Japan)
Other key market players
Report Coverage-
This report includes in-depth information about robotics in the shipbuilding industry. The data present in it is associated with drastic changes in material usage, novel product launches, and technological advancements. It offers dynamics based on multiple factors, such as opportunities, challenges, drivers, and restraints. In addition to that, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size.
Drivers & Restraints-
High Demand for Collaborative Robots to Accelerate Growth
The rising demand for smaller robotic systems to weld parts of cargo ships is considered to be a major reason for the robotics in shipbuilding market growth in the near future. Apart from that, the high demand for collaborative robots worldwide would also propel growth. But, the lack of skilled workforce to handle robotics in shipbuilding may hinder growth.