Market Share of Asia-Pacific Naval Vessels Industry
The Asia-Pacific Naval Vessels Market is semi-consolidated and is heavily dominated by prominent players such as Cochin Shipyard Limited, HD Hyundai, LARSEN & TOUBRO LIMITED. Mitsubishi Heavy Industries Limited and Kawasaki Heavy Industries, Ltd. These corporations own a large number of shipbuilding docks for naval vessel developments while collaborating with privately owned companies for technological and project management assistance.
The key players in the region generate revenue by completing orders largely from national governments. European naval shipbuilders also have a presence in the region in the form of joint ventures and collaboration. Other key players in the region include Singapore Technologies Engineering Limited, ASC Pty Ltd., etc., and PT PAL Indonesia, among others.
Asia-Pacific Naval Vessels Market Leaders
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Cochin Shipyard Limited
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HD Hyundai
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LARSEN & TOUBRO LIMITED
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Mitsubishi Heavy Industries Limited
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Kawasaki Heavy Industries, Ltd.
*Disclaimer: Major Players sorted in no particular order
