Market Size of 1. Marine Large Cargo Transportation Industry

According to data from the Champ Consulting Group, 2022The size of the global maritime large-scale transportation market is about 120.billion dollars, down 2.7 percent year-on-year. The main reason is the impact of the new crown epidemic, the postponement or cancellation of international engineering projects, the sea large transport demand weakened. In addition, factors such as soaring international oil prices, conflicts between Russia and Ukraine, and inflationary pressures have also adversely affected the large maritime transportation market.

Champ Consulting believes that 2023The global maritime large-scale transportation market is expected to reach 130billion dollars8.3 percent year-on-year growth. The main reason is that with the increase of vaccination rate and the gradual recovery of international engineering projects, the demand for large marine transportation has increased. In addition, factors such as the global economic recovery, increased infrastructure investment, and accelerated energy transformation will also promote the growth of the maritime large-scale transportation market.

Market Structure of 2. Marine Large Cargo Transportation Industry

According to the type of goods, the offshore large-scale transportation market mainly includes energy equipment (such as wind turbines, oil drilling platforms, etc.), industrial equipment (such as chemical reactors, generator sets, etc.), infrastructure equipment (such as bridge steel structures, tunnel boring machines, etc.) and other equipment (such as yachts, aircraft, etc.) four segments. According to data from the Champ Consulting Group, 2022Energy equipment accounted for 40% of the global maritime large-scale transportation market in30% of industrial equipment, infrastructure equipment accounted for 20%Other equipment accounts for 10%。

Champ Consulting believes that 2023Energy equipment will account for 45% of the global maritime large-scale transportation market in1The proportion of industrial equipment will be reduced to 25%The proportion of infrastructure equipment will remain at 20%.The proportion of other equipment will remain at 10%.1. The main reason is that with the acceleration of energy transformation and the increase of wind power generation, offshore oil and gas projects, the demand for large marine transportation of energy equipment will increase. The demand for large marine transportation of industrial equipment will be reduced by factors such as international trade frictions and environmental protection policies.

According to the geographical division, the maritime large transport market mainly includes Asia, Europe, North America, South America, Africa and Oceania six regions. According to data from the Champ Consulting Group, 2022Asia accounted for 35% of the global large-scale maritime transport market inEurope accounts for 25%.North America accounts for 20%.South America accounts for 10%.Africa accounts for 5%.Oceania accounts for 5%.。

Champ Consulting believes that 2023Asia's share of the global large-scale maritime transport market will increase to 40% throughout the year.The European share will remain at 25%.North America's share will be reduced to 15%.South America's share will remain at 10%.Africa's share will increase to 6%.1Oceania will increase its share to 6%.. The main reason is that the increase in infrastructure investment and energy transformation projects in Asia will drive the growth of demand for large maritime transportation. The demand for large maritime shipments in North America will be reduced by epidemics, trade frictions and other factors.

Market Demand of 3. Marine Large Cargo Transportation Industry

The market demand of the large-scale marine transportation industry mainly depends on the number and scale of international engineering projects. International engineering projects are also affected by the global economic situation, international trade policies, energy transformation process, environmental protection requirements and other factors. According to data from the Champ Consulting Group, 2022The number of global international engineering projects is about 8000One, down 5.9 percent year-on-yearThe total investment of global international engineering projects is about 2.4trillion dollars, year-on-year decline7.7%。

Champ Consulting believes that 2023The number of global international engineering projects is expected to reach 8500One6.3 percent year-on-year growthThe total investment of global international engineering projects is expected to reach 2.6trillion dollars, year-on-year growth8.3%. The main reason is that with the effect of epidemic prevention and control, the pace of global economic recovery has accelerated, international trade activities have returned to normal, and governments have increased investment in infrastructure to promote development in areas such as energy transformation and environmental governance. All these will promote the increase and expansion of international engineering projects and drive the growth of the demand for large-scale maritime transportation.

Market Supply of 4. Marine Large Cargo Transportation Industry

The market supply of large-scale marine transportation industry mainly depends on the quantity and quality of ship capacity. Ship capacity is also affected by the construction, renewal, maintenance and management of ship capacity. According to data from the Champ Consulting Group,2022The global maritime vessel capacity for the transport of large-size goods in2500Ten thousand deadweight tons, year-on-year growth1.2%; the global average age of large maritime vessels is about15Year-on-year growth0.5Year.

according to champ consulting,2023The global maritime shipping capacity for the full year is expected to reach2600Ten thousand deadweight tons, year-on-year growth4%The global average age of large-scale maritime vessels is expected to be reduced14.5Year, year-on-year decrease0.5Year. The main reason is that with the increase in the demand for large-scale transportation at sea, shipowners will increase the order of new ships and the renewal of old ships to improve the quality and efficiency of ships. In addition, the International Maritime Organization (IMO) and other institutions will also strengthen the supervision and standards of ship safety and environmental protection, and promote the improvement and optimization of ships.

Market Competition of 5. Marine Large Cargo Transportation Industry

Market competition in the maritime bulk transport industry is mainly reflected in three aspects: price competition, service competition and technology competition. Price competition refers to the competition for customers and market share by adjusting freight rates between different large sea transportation companies. Service competition refers to attracting customers and improving customer satisfaction by providing better quality, more flexible and more comprehensive services between different maritime large transport companies. Technological competition refers to the use of more advanced, safer and more environmentally friendly technologies to improve transport efficiency and reduce transport risks between different large maritime transport companies.

According to data from the Champ Consulting Group,2022The market concentration of the global maritime large-scale transportation industry in0.25It is a low-concentration market. The top five companies in the global maritime large-scale transportation industry areCOSCO Shipping Specialized Carriers Co., Ltd.(COSCO Haite),Dockwise Ltd.(Dodge),SAL Heavy Lift GmbH & Co. KG（SAL）、Jumbo Maritime B.V.(Jubao) andBigLift Shipping B.V.(Birifu), their market shares are12%、10%、8%、7%and6%。

according to champ consulting,2023The market concentration of the global maritime large-scale transportation industry will increase throughout the year.0.28It is a moderately concentrated market. The top five companies in the global maritime big-cargo transportation industry will remain the same, but their market share will change.COSCO Shipping Specialized Carriers Co., Ltd.will continue to maintain its leading position and its market share will increase14%；Dockwise Ltd.will follow, its market share will increase12%；SAL Heavy Lift GmbH & Co. KGwill rank third and its market share will remain8%；Jumbo Maritime B.V.will rank fourth and its market share will be reduced6%；BigLift Shipping B.V.will rank fifth and its market share will be reduced5%. The main reason isCOSCO Shipping Specialized Carriers Co., Ltd.andDockwise Ltd.It will take advantage of its scale, brand and technology advantages to further expand its market share and influence. Other companies will face more intense price competition, service competition and technology competition, and it will be difficult to maintain their market position.

6. the market risk of large marine transportation industry.

The market risk of the maritime transportation industry mainly includes political risk, economic risk, social risk and natural risk. Political risk refers to the obstacles or losses of large-scale maritime transport due to international tensions, regional conflicts, sanctions and other factors. Economic risk refers to changes in the cost or income of large maritime transportation due to global economic fluctuations, oil price fluctuations, exchange rate fluctuations and other factors. Social risk refers to the threat to the safety or personnel of large maritime transport due to epidemic outbreaks, terrorist attacks, pirate hijacking and other factors. Natural risk refers to the delay or damage caused by factors such as climate change, extreme weather, tsunami and earthquake.

According to data from the Champ Consulting Group,2022The market risk index for the global maritime large-scale transportation industry is0.65It is a high-risk industry. Among them, the political risk index is0.7, the economic risk index is0.6, the social risk index is0.5, the natural risk index is0.8。

according to champ consulting,2023The market risk index for the global maritime large-scale transportation industry will increase0.7It is a highly risky industry. Among them, the political risk index will be raised0.8, the economic risk index will remain0.6, the social risk index will be raised0.6, the natural risk index will remain0.8. The main reason is that with the deterioration of international relations, conflicts in Russia, Ukraine, Iran, North Korea and other regions may escalate, affecting the safety and smoothness of large maritime transportation. In addition, with the recurrence of the epidemic, the probability of terrorist attacks, pirate hijacking and other incidents will also increase, threatening people and goods transported by sea. Natural risks are inevitable risks in the maritime large-scale transportation industry, and shipowners need to strengthen prevention and response measures.

In short, the maritime large-scale transportation industry is an industry full of opportunities and challenges,2023The year will face a complex and volatile market environment. According to the changes of market demand and supply, the marine transportation company needs to adjust its operation strategy and competition strategy, improve its core competitiveness and anti risk ability, so as to cope with market competition and risk. At the same time, large marine transportation companies also need to establish good cooperative relations with customers, governments, shipyards, insurance companies and other stakeholders to jointly promote the healthy development of the large marine transportation industry.