2025-2031 Global Ammonia Fuelled Vessel Industry Research & Trends Analysis Report- YH Research

Home > Reports >Automobile & Transportation > 2025-2031 Global Ammonia Fuelled Vessel Industry Research & Trends Analysis Report

2025-2031 Global Ammonia Fuelled Vessel Industry Research & Trends Analysis Report

Publication Date: 2025-10-13
Report Id: 2214407
Industry: Automobile & Transportation
Report Page: 125
Chart: 123

PDF Download

Publication Date: 2025-10-13
Report Id: 2214407
Industry: Automobile & Transportation
Report Page: 125
Chart: 123

PDF Download

A research report provider that focuses on identifying industry pain points and solving core problems for companies！

Table of Contents
Description
Table of Figures
Need a Quote?

1 Market Overview
1.1 Ammonia Fuelled Vessel Definition
1.2 Global Ammonia Fuelled Vessel Market Size and Forecast
1.2.1 By Revenue, Global Ammonia Fuelled Vessel Market Size, 2020-2031
1.2.2 By Sales Volume, Global Ammonia Fuelled Vessel Market Size, 2020-2031
1.2.3 Global Ammonia Fuelled Vessel Price Trend, 2020-2031
1.3 China Ammonia Fuelled Vessel Market Size and Forecast
1.3.1 By Revenue, China Ammonia Fuelled Vessel Market Size, 2020-2031
1.3.2 By Sales Volume, China Ammonia Fuelled Vessel Market Size, 2020-2031
1.3.3 China Ammonia Fuelled Vessel Price Trend, 2020-2031
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Ammonia Fuelled Vessel Share in Global Market, 2020-2031
1.4.2 By Sales Volume, China Ammonia Fuelled Vessel Share in Global Market, 2020-2031
1.4.3 Ammonia Fuelled Vessel Market Size: China VS Global, 2020-2031
1.5 Ammonia Fuelled Vessel Market Dynamics
1.5.1 Ammonia Fuelled Vessel Market Drivers
1.5.2 Ammonia Fuelled Vessel Market Restraints
1.5.3 Ammonia Fuelled Vessel Industry Trends
1.5.4 Ammonia Fuelled Vessel Industry Policy

2 Global Competitive Landscape by Company
2.1 Global Ammonia Fuelled Vessel Revenue by Company, 2020-2025
2.2 Global Ammonia Fuelled Vessel Sales Volume by Company, 2020-2025
2.3 Global Ammonia Fuelled Vessel Price by Company, 2020-2025
2.4 Global Ammonia Fuelled Vessel Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Ammonia Fuelled Vessel Concentration Ratio
2.6 Global Ammonia Fuelled Vessel Mergers & Acquisitions, Expansion Plans
2.7 Global Ammonia Fuelled Vessel Manufacturers Product Type

3 China Competitive Landscape by Company
3.1 China Ammonia Fuelled Vessel Revenue by Company, 2020-2025
3.2 China Ammonia Fuelled Vessel Sales Volume by Company, 2020-2025
3.3 China Ammonia Fuelled Vessel Ammonia Fuelled Vessel Participants, Market Position (Tier 1, Tier 2, and Tier 3)
3.4 China Ammonia Fuelled Vessel Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)
3.5 Chinese Local Players, Ammonia Fuelled Vessel Domestic VS Export
3.6 China Market, Ammonia Fuelled Vessel Import & Export
3.6.1 China Market, Ammonia Fuelled Vessel Import & Export, 2020-2031
3.6.2 China Ammonia Fuelled Vessel Import & Export Trends
3.6.3 Main Sources of China Ammonia Fuelled Vessel Import
3.6.4 Export Destination of China Ammonia Fuelled Vessel

4 Ammonia Fuelled Vessel Production by Region
4.1 Global Ammonia Fuelled Vessel Capacity, Production and Capacity Utilization, 2020-2031
4.2 Global Geographic Distribution of Ammonia Fuelled Vessel Manufacturers
4.3 Global Major Manufacturers, Ammonia Fuelled Vessel Capacity Expansion and Future Plans
4.4 Global Ammonia Fuelled Vessel Capacity by Region
4.5 Global Ammonia Fuelled Vessel Production by Region
4.5.1 Global Ammonia Fuelled Vessel Production & Forecast by Region, 2020 VS 2024 VS 2031
4.5.2 Global Ammonia Fuelled Vessel Production by Region, 2020-2025
4.5.3 Global Ammonia Fuelled Vessel Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis
5.1 Ammonia Fuelled Vessel Industry Chain
5.2 Ammonia Fuelled Vessel Upstream Analysis
5.2.1 Ammonia Fuelled Vessel Core Raw Materials
5.2.2 Main Manufacturers of Ammonia Fuelled Vessel Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Ammonia Fuelled Vessel Production Mode
5.6 Ammonia Fuelled Vessel Procurement Model
5.7 Ammonia Fuelled Vessel Industry Sales Model and Sales Channels
5.7.1 Ammonia Fuelled Vessel Sales Model
5.7.2 Ammonia Fuelled Vessel Typical Distributors

6 Sights by Type
6.1 Ammonia Fuelled Vessel Classification by Type
6.1.1 Transportation Vessel
6.1.2 Bunkering Vessel
6.1.3 Others
6.2 by Type, Global Ammonia Fuelled Vessel Market Size & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Ammonia Fuelled Vessel Revenue, 2020-2031
6.4 by Type, Global Ammonia Fuelled Vessel Sales Volume, 2020-2031
6.5 by Type, Global Ammonia Fuelled Vessel Price, 2020-2031

7 Sights by Application
7.1 Ammonia Fuelled Vessel Segment by Application
7.1.1 Transportation
7.1.2 Bunkering
7.2 by Application, Global Ammonia Fuelled Vessel Market Size & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Ammonia Fuelled Vessel Revenue, 2020-2031
7.4 by Application, Global Ammonia Fuelled Vessel Sales Volume, 2020-2031
7.5 by Application, Global Ammonia Fuelled Vessel Price, 2020-2031

8 Sales Sights by Region
8.1 By Region, Global Ammonia Fuelled Vessel Market Size, 2020 VS 2024 VS 2031
8.2 By Region, Global Ammonia Fuelled Vessel Revenue, 2020-2031
8.3 By Region, Global Ammonia Fuelled Vessel Sales Volume, 2020-2031
8.4 North America
8.4.1 North America Ammonia Fuelled Vessel Market Size & Forecasts, 2020-2031
8.4.2 By Country, North America Ammonia Fuelled Vessel Market Size Market Share
8.5 Europe
8.5.1 Europe Ammonia Fuelled Vessel Market Size & Forecasts, 2020-2031
8.5.2 By Country, Europe Ammonia Fuelled Vessel Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Ammonia Fuelled Vessel Market Size & Forecasts, 2020-2031
8.6.2 By Country/Region, Asia Pacific Ammonia Fuelled Vessel Market Size Market Share
8.7 South America
8.7.1 South AmericaAmmonia Fuelled Vessel Market Size & Forecasts, 2020-2031
8.7.2 By Country, South America Ammonia Fuelled Vessel Market Size Market Share
8.8 Middle East & Africa

9 Sales Sights by Country Level
9.1 By Country, Global Ammonia Fuelled Vessel Market Size & CAGR，2020 VS 2024 VS 2031
9.2 By Country, Global Ammonia Fuelled Vessel Revenue, 2020-2031
9.3 By Country, Global Ammonia Fuelled Vessel Sales Volume, 2020-2031
9.4 United States
9.4.1 United States Ammonia Fuelled Vessel Market Size, 2020-2031
9.4.2 By Company, United States Ammonia Fuelled Vessel Sales Volume Market Share, 2024
9.4.3 by Type, United States Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.4.4 by Application, United States Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.5 Europe
9.5.1 Europe Ammonia Fuelled Vessel Market Size, 2020-2031
9.5.2 By Company, Europe Ammonia Fuelled Vessel Sales Volume Market Share, 2024
9.5.3 by Type, Europe Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.5.4 by Application, Europe Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.6 China
9.6.1 China Ammonia Fuelled Vessel Market Size, 2020-2031
9.6.2 By Company, China Ammonia Fuelled Vessel Sales Volume Market Share, 2024
9.6.3 by Type, China Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.6.4 by Application, China Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.7 Japan
9.7.1 Japan Ammonia Fuelled Vessel Market Size, 2020-2031
9.7.2 By Company, Japan Ammonia Fuelled Vessel Market Share, 2024
9.7.3 by Type, Japan Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.7.4 by Application, Japan Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.8 South Korea
9.8.1 South Korea Ammonia Fuelled Vessel Market Size, 2020-2031
9.8.2 By Company, South Korea Ammonia Fuelled Vessel Market Share, 2024
9.8.3 by Type, South Korea Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.8.4 by Application, South Korea Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.9 Southeast Asia
9.9.1 Southeast Asia Ammonia Fuelled Vessel Market Size, 2020-2031
9.9.2 By Company, Southeast Asia Ammonia Fuelled Vessel Market Share, 2024
9.9.3 by Type, Southeast Asia Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.9.4 by Application, Southeast Asia Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.10 India
9.10.1 India Ammonia Fuelled Vessel Market Size, 2020-2031
9.10.2 By Company, India Ammonia Fuelled Vessel Market Share, 2024
9.10.3 by Type, India Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.10.4 by Application, India Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.11 Middle East & Africa
9.11.1 Middle East & Africa Ammonia Fuelled Vessel Market Size, 2020-2031
9.11.2 By Company, Middle East & Africa Ammonia Fuelled Vessel Market Share, 2024
9.11.3 by Type, Middle East & Africa Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031
9.11.4 by Application, Middle East & Africa Ammonia Fuelled Vessel Market Size, Share, 2024 VS 2031

10 Manufacturers Profile
10.1 Imabari Shipbuilding
10.1.1 Imabari Shipbuilding Company Information, Head Office, Market Area, and Industry Position
10.1.2 Imabari Shipbuilding Ammonia Fuelled Vessel Models, Specifications, and Application
10.1.3 Imabari Shipbuilding Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.1.4 Imabari Shipbuilding Company Profile and Main Business
10.1.5 Imabari Shipbuilding Recent Developments
10.2 Mitsubishi Shipbuilding
10.2.1 Mitsubishi Shipbuilding Company Information, Head Office, Market Area, and Industry Position
10.2.2 Mitsubishi Shipbuilding Ammonia Fuelled Vessel Models, Specifications, and Application
10.2.3 Mitsubishi Shipbuilding Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.2.4 Mitsubishi Shipbuilding Company Profile and Main Business
10.2.5 Mitsubishi Shipbuilding Recent Developments
10.3 Samsung Heavy
10.3.1 Samsung Heavy Company Information, Head Office, Market Area, and Industry Position
10.3.2 Samsung Heavy Ammonia Fuelled Vessel Models, Specifications, and Application
10.3.3 Samsung Heavy Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.3.4 Samsung Heavy Company Profile and Main Business
10.3.5 Samsung Heavy Recent Developments
10.4 Hyundai Mipo Dockyard
10.4.1 Hyundai Mipo Dockyard Company Information, Head Office, Market Area, and Industry Position
10.4.2 Hyundai Mipo Dockyard Ammonia Fuelled Vessel Models, Specifications, and Application
10.4.3 Hyundai Mipo Dockyard Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.4.4 Hyundai Mipo Dockyard Company Profile and Main Business
10.4.5 Hyundai Mipo Dockyard Recent Developments
10.5 Hanwha Ocean
10.5.1 Hanwha Ocean Company Information, Head Office, Market Area, and Industry Position
10.5.2 Hanwha Ocean Ammonia Fuelled Vessel Models, Specifications, and Application
10.5.3 Hanwha Ocean Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.5.4 Hanwha Ocean Company Profile and Main Business
10.5.5 Hanwha Ocean Recent Developments
10.6 LMG Marin (Sembcorp Marine)
10.6.1 LMG Marin (Sembcorp Marine) Company Information, Head Office, Market Area, and Industry Position
10.6.2 LMG Marin (Sembcorp Marine) Ammonia Fuelled Vessel Models, Specifications, and Application
10.6.3 LMG Marin (Sembcorp Marine) Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.6.4 LMG Marin (Sembcorp Marine) Company Profile and Main Business
10.6.5 LMG Marin (Sembcorp Marine) Recent Developments
10.7 CSSC
10.7.1 CSSC Company Information, Head Office, Market Area, and Industry Position
10.7.2 CSSC Ammonia Fuelled Vessel Models, Specifications, and Application
10.7.3 CSSC Ammonia Fuelled Vessel Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.7.4 CSSC Company Profile and Main Business
10.7.5 CSSC Recent Developments

11 Conclusion

12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer

According to YH Research, the global market for Ammonia Fuelled Vessel should grow from US$ million in 2024 to US$ million by 2031, with a CAGR of %for the period of 2025-2031.

The strategic recalibration of 2025 U.S. tariff mechanisms is redefining global economic governance norms. This study deciphers the transmission mechanisms of tariff escalation pathways and global policy responses on corporate investment strategies, regional trade networks, and critical material supply architectures.

Ammonia Fuelled Vessel refers to a ship that uses ammonia (NH₃) as its main fuel or energy source. It is one of the new technology directions explored by the international shipping industry in response to the low-carbon transition. Its core goal is to significantly reduce carbon emissions (especially carbon dioxide) during ship navigation by replacing traditional fuels (such as heavy fuel oil and diesel), and even achieve "zero-carbon shipping".

Ammonia Fuelled Vessel is one of the important innovations of the global shipping industry in responding to environmental pressure and reducing carbon emissions. With the global emphasis on emission reduction targets, especially the implementation of the Paris Agreement, the traditional shipping industry is facing increasingly stringent environmental regulatory requirements. Against this background, ammonia, as a clean fuel with great potential, has gradually become an important choice to replace traditional ship fuel.

At present, the market for Ammonia Fuelled Vessel is still in its early development stage, but as the technology gradually matures, the market application of ammonia fuel is gradually growing. The advantage of ammonia as a ship fuel is that it produces almost no carbon dioxide during its combustion process. Compared with traditional fuels such as coal and oil, ammonia can significantly reduce greenhouse gas emissions. In addition, the production of ammonia is relatively mature, and "green ammonia" can be produced through renewable energy or low-carbon methods, which makes it have stronger environmental protection potential.

However, the promotion of Ammonia Fuelled Vessel still faces some challenges. First, the nitrogen oxides (NOx) produced by the combustion of ammonia and the corrosiveness of ammonia itself need to be effectively solved. Second, the existing port and ship infrastructure has not yet fully adapted to the storage and supply of ammonia fuel. Despite this, several ship manufacturers and energy companies have begun to actively develop ammonia fuel ships and conduct practical tests. It is expected that in the next few years, the technical maturity of ammonia fuel ships will continue to improve and related facilities will be gradually improved.

In terms of future development trends, the prospects of the Ammonia Fuelled Vessel market are very broad. With the intensification of emission reduction requirements in the international shipping industry, the application of ammonia fuel will become one of the key paths to achieve zero-emission shipping. It is expected that by 2030, ammonia fuel ships will usher in rapid growth, especially in the Nordic region and Asian markets, where the application of ammonia fuel ships may become mainstream. In addition, policy support, international cooperation and increased capital investment will provide strong guarantees for the development of ammonia fuel ships. With technological advances, the cost of ammonia fuel is expected to further decrease, making it an ideal choice that is both economical and environmentally friendly.

Overall, as an important development direction for the shipping industry in the future, Ammonia Fuelled Vessel will play an important role in the global green transformation process. Although facing some technical and infrastructure challenges, with the growth of market demand and breakthroughs in related technologies, ammonia fuel vessels will become part of green shipping in the future and promote the global shipping industry towards a sustainable and low-carbon future.

This report aims to provide a comprehensive study of the global market for Ammonia Fuelled Vessel.
Report Highlights:
(1) Global Ammonia Fuelled Vessel market size (sales volume & revenue), history data from 2020-2025, and forecast data from 2026 to 2031.

(2) Global Ammonia Fuelled Vessel market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(3) China Ammonia Fuelled Vessel market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(4) Global Ammonia Fuelled Vessel segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Ammonia Fuelled Vessel segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Global major production regions of Ammonia Fuelled Vessel, capacity, production and trends.

(7) Ammonia Fuelled Vessel industry supply chain, upstream, midstream, and downstream analysis.

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by Type, covers
Transportation Vessel
Bunkering Vessel
Others

Market segment by Application, can be divided into
Transportation
Bunkering

Market segment by players, this report covers
Imabari Shipbuilding
Mitsubishi Shipbuilding
Samsung Heavy
Hyundai Mipo Dockyard
Hanwha Ocean
LMG Marin (Sembcorp Marine)
CSSC