Market research and forecasting

FMI has extensive global experience in undertaking marine market research to provide guidance and information for the shipbuilding, ship repair, marine equipment manufacturing, offshore, vessel recycling, and yacht building and repair industries. We carry out work at all levels; from simple market profiling to sectoral studies and detailed customer targeting.
Market research
With increasing demand for expedited ship repair market research, we have developed the following two services with a turnaround time of only up to 10 working days. These two products complement our standard ship repair study and bespoke offering.
We often undertake more extensive detailed studies for our clients once an understanding of the market is established, many of which form part of bankable business plans. We also combine service elements to offer bespoke studies.

Comparison of ship repair offerings

Our clients’ needs are never the same and as such we offer a range of services to meet varying requirements. Whether you wish to assess the viability of a new ship repair facility, are an established ship repairer looking to expand your market or require due diligence around the purchase of an existing facility, our studies ship repair studies will help ensure informed decisions are made from the outset.

We undertake all kinds of bespoke studies in addition and would be happy to discuss your individual requirements.
Market research info

Over the last 25 years, we have developed innovative approaches to:

  • Demand analysis
  • Forecasting
  • Shipyard product mix selection
  • Competitor analysis
  • Target marketing
  • Revenue estimating
  • Marketing plans

Our market research findings are the crucial initial step in facility design and development. They provide critical market and revenue information on which to base design concepts, assess financial feasibility and determine the optimum level of applied technology. Our research also helps to address the key business concerns of our clients; such as selecting the correct vessel product mix for a shipyard or how to reinvigorate the client base in an existing organisation.

FMI’s market recent research clients include some of the world’s largest maritime companies, international oil majors and government agencies.

This is a First Marine International service

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Timothy Walters - Principal consultant

TimothyWalters

Principal consultant