Home About us Reports Pre-sale News Stock Market Database Custom Company Scan



 researchinchina > report > Technology Media > Electronics > report

China Marine Electronics Industry Report, 2007

Published: Apr/2007

Hard Copy  USD $ 1,700
Pages: 179 Electronic(PDF)  USD $ 1,800
Report Code: Enterprisewide  USD $ 2,700
 

In the transferring of global shipbuilding industry, European shipbuilding market continues to be shrinking, while that of Japan is in the defensive position, South Korea has been in the maturity and China is undergoing a rapid growth. With abundant and qualified workforce, huge capital and solid foundation of shipbuilding industry, China is the most promising country to which the global shipbuilding industry will be transferred. With the rapid development of China's economy, the markets both at home and abroad are expanding, and the demand of international trade and marine transportation for ships has been increasing. In the forthcoming 10-15 years, the annual demand of global shipbuilding market will up to 50 million DWT, far higher than that of 37 million DWT in the 1990s. In addition, the annual demand of China's domestic market will be 7 million DWT or so. As a result, shipbuilding industry will see a long-playing boom. It is estimated about 50 VLCC vessels, over 25 LNG ships and more than 100 container ships will be in demand in China in the next few years. Moreover, 200-thousand-ton-above bulk cargo vessels will also be in an increasing demand.

In 2006, product sales of China's shipbuilding industry grew significantly at a rate of over 30%, and the sales revenue reached RMB 150.80 billion. China's shipbuilding industry not only enjoys much benefit from the rising of domestic demand, but also grasps the great opportunities of the rapidly growing global shipping industry, so that it can enhance the competitiveness continuously.

In December, 2006, the output of civil steel ships increased rapidly to 2.075 million tons, up by 46.97% compared to the same period last year. In the full year of 2006, the accumulated output of civil steel ships accumulated to 12.0127 million tons, a year-on-year growth of 13.12%.

Output of Civil Steel Ships in China, 2006 (Unit: Gross Tons; %)


 

Being the emerging industry and new growth area of the economy, marine electronics is the co-production of shipbuilding industry and information industry. Greatly developing marine electronics is a key approach and strategy to adjust the structure of China shipbuilding industry, to change the growth model, and to strengthen the international competitiveness. By 2010, the mainstream ships independently developed and built by China will realize standardization and branding. By 2020, the whole technical level and independent innovative capability will be more in line with international practice. It can be forecasted that China marine electronics industry will develop rapidly under the fast development of China shipbuilding industry in 2007 and the next few years.



If this report could not still meet your requirement, or you have any comments or suggestions on it, please leave a message to us.
 
2005-2007 www.researchinchina.com All Rights Reserved