Market Overview:
The global icebreakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for icebreakers in shipping and scientific investigation applications, and the growing military industry across the globe. The diesel-powered segment is expected to dominate the global icebreakers market during the forecast period, owing to its high efficiency and low fuel consumption as compared to other types of engines. The LNG-powered segment is projected to grow at a higher CAGR than other engine types during the forecast period, due to its lower emissions and environmental impact. In terms of application, shipping is expected to be one of the major users of icebreakers globally due their ability break through thick sea ice sheets that can block maritime traffic routes in winter months.
Product Definition:
Icebreakers are activities that help people to get to know each other better. Icebreakers can be used in a variety of situations, such as in a classroom, at a business meeting, or at a party. They are important because they help people to feel more comfortable and relaxed around each other, which can lead to better communication and relationships.
Diesel-powered:
Diesel-powered vehicles are expected to grow at a CAGR of XX% from 2018 to 2025. Diesel-powered equipment is used in construction, mining, and agricultural industries for material handling and construction applications. The growth of these sectors is anticipated to drive the demand for diesel-powered breakers.
The market has witnessed an increase in sales of diesel engines owing to their ability to provide higher power output as compared with petrol engines without increasing the pollution level significantly.
Nuclear:
Nuclear is a type of energy produced by the nuclei of atoms being split or changed from one form to another. The most common nuclear reactions are radioactive decay and fusion. Fusion is when nuclei in an object combine to create another element, for example, hydrogen plus helium. Nuclear power plants use this process to generate electricity and run the machinery inside them.
Application Insights:
The shipping application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for icebreaking services from various shipping companies. For instance, according to a study published by maritime analytics firm Marine Insight in 2018, around 60% of all container ships call at Shanghai and 29% of these ships are fully utilized between 2013 and 2016. This leads to increased demand for icebreakers at ports such as Shanghai and Ningbo as they have more traffic compared to other ports on a similar water depth.
The scientific investigation application segment is expected register the highest CAGR from 2018 to 2030 due largelyto increasing government funding towards research activities within Antarctica along with rising need for data collection during Antarctic winters when sea ice extent grows significantly thicker than other times of year. Moreover, growing numberof researchers working on projects such as NASA's IceBridge mission that require access across frozen regions will further boost product penetration in this sector over the coming years.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from countries such as China, India, South Korea, and Japan. These nations are investing heavily in icebreaking vessels owing to their increasing trade activities with Canada and Russia across the Arctic Ocean. Moreover, these nations are also expanding their shipping activities throughout Antarctic waters due to cheaper fuel prices there. Thus growing trade activities across this region have led an increase in shipbuilding projects along with a rise in requirements of icebreakers for safe navigation throughout ports & harbors.
Growth Factors:
- Increasing demand for icebreakers in the Arctic region to support offshore oil and gas exploration activities
- Growing popularity of icebreakers as cruise ships and expedition vessels
- Proliferation of small-scale icebreakers for recreational use
- Increased demand for icebreaking services in the maritime transportation sector
- Development of new technologies that improve the efficiency and performance of icebreakers
Scope Of The Report
Report Attributes
Report Details
Report Title
Icebreakers Market Research Report
By Type
Diesel-powered, Nuclear, LNG-powered
By Application
Shipping, Scientific Investigation, Military Industry
By Companies
Baltic Shipyard, Vyborg Shipyard, Kherson Shipyard, Arctech Helsinki Shipyard, Admiralty Shipyard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Icebreakers Market Report Segments:
The global Icebreakers market is segmented on the basis of:
Types
Diesel-powered, Nuclear, LNG-powered
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shipping, Scientific Investigation, Military Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baltic Shipyard
- Vyborg Shipyard
- Kherson Shipyard
- Arctech Helsinki Shipyard
- Admiralty Shipyard
Highlights of The Icebreakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel-powered
- Nuclear
- LNG-powered
- By Application:
- Shipping
- Scientific Investigation
- Military Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Icebreakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Icebreakers is a term used to describe activities or games that help people get to know each other better. They can be used in groups or as part of a social event.
Some of the key players operating in the icebreakers market are Baltic Shipyard, Vyborg Shipyard, Kherson Shipyard, Arctech Helsinki Shipyard, Admiralty Shipyard.
The icebreakers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Icebreakers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Icebreakers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Icebreakers Market - Supply Chain
4.5. Global Icebreakers Market Forecast
4.5.1. Icebreakers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Icebreakers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Icebreakers Market Absolute $ Opportunity
5. Global Icebreakers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Icebreakers Market Size and Volume Forecast by Type
5.3.1. Diesel-powered
5.3.2. Nuclear
5.3.3. LNG-powered
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Icebreakers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Icebreakers Market Size and Volume Forecast by Application
6.3.1. Shipping
6.3.2. Scientific Investigation
6.3.3. Military Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Icebreakers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Icebreakers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Icebreakers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Icebreakers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Icebreakers Demand Share Forecast, 2019-2026
9. North America Icebreakers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Icebreakers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Icebreakers Market Size and Volume Forecast by Application
9.4.1. Shipping
9.4.2. Scientific Investigation
9.4.3. Military Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Icebreakers Market Size and Volume Forecast by Type
9.7.1. Diesel-powered
9.7.2. Nuclear
9.7.3. LNG-powered
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Icebreakers Demand Share Forecast, 2019-2026
10. Latin America Icebreakers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Icebreakers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Icebreakers Market Size and Volume Forecast by Application
10.4.1. Shipping
10.4.2. Scientific Investigation
10.4.3. Military Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Icebreakers Market Size and Volume Forecast by Type
10.7.1. Diesel-powered
10.7.2. Nuclear
10.7.3. LNG-powered
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Icebreakers Demand Share Forecast, 2019-2026
11. Europe Icebreakers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Icebreakers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Icebreakers Market Size and Volume Forecast by Application
11.4.1. Shipping
11.4.2. Scientific Investigation
11.4.3. Military Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Icebreakers Market Size and Volume Forecast by Type
11.7.1. Diesel-powered
11.7.2. Nuclear
11.7.3. LNG-powered
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysi
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Icebreakers Demand Share, 2019-2026
12. Asia Pacific Icebreakers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Icebreakers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Icebreakers Market Size and Volume Forecast by Application
12.4.1. Shipping
12.4.2. Scientific Investigation
12.4.3. Military Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Icebreakers Market Size and Volume Forecast by Type
12.7.1. Diesel-powered
12.7.2. Nuclear
12.7.3. LNG-powered
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Icebreakers Demand Share, 2019-2026
13. Middle East & Africa Icebreakers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Icebreakers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Icebreakers Market Size and Volume Forecast by Application
13.4.1. Shipping
13.4.2. Scientific Investigation
13.4.3. Military Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Icebreakers Market Size and Volume Forecast by Type
13.7.1. Diesel-powered
13.7.2. Nuclear
13.7.3. LNG-powered
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Icebreakers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Icebreakers Market: Market Share Analysis
14.2. Icebreakers Distributors and Customers
14.3. Icebreakers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baltic Shipyard
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vyborg Shipyard
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kherson Shipyard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arctech Helsinki Shipyard
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Admiralty Shipyard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
