A reference set of figures on maritime procurement, ship supply and digitalisation — market size, the cost of inefficiency, and where the industry is going. Every number is attributed to a named source and links out so you can verify it.
These statistics are compiled from publicly available industry research and reporting, current as of 2026. Market-sizing figures are analyst estimates and naturally vary between research firms, so we have kept the original wording — "estimated", "reported" — wherever a figure is a projection rather than a measured value. Where a number carries a specific source, that source is named beside it and linked in full at the bottom of the page.
Shipping carries most of the world's goods, and a large services economy — supply, spares, management and information — sits on top of it.
Roughly 70% by value. Sea transport remains the backbone of global trade.
Source: UNCTAD / industry consensusEstimated to grow at around a 6% CAGR through 2033.
Source: Market Report AnalyticsEstimated growth in the marine spares and equipment segment over the period.
Source: industry market-research estimates (2025 base year)Reported at a 5.77% CAGR across the wider maritime economy.
Source: Market Research FutureReported at a 7.88% CAGR as fleets invest in data and visibility.
Source: Expert Market Research / IMARC GroupEstimated at roughly a 9.22% CAGR — one of the faster-growing maritime service segments.
Source: Business Research InsightsA ship earns nothing while it waits for a part. The figures below show why procurement speed and spare-parts availability are financial questions, not just operational ones.
Reported at around USD 25,000/day for a Panamax bulker, rising to roughly USD 85,000/day for a large containership.
Source: NavallanceReported from about five unplanned off-hire days a year caused by parts unavailability, at ~USD 25,000/day.
Source: NavallanceProactive spare-parts management can cut annual vessel downtime by up to about 40%, as reported from a Lloyd's List study.
Source: as reported by Navallance (citing Lloyd's List)Adoption is accelerating, but the industry's own research is candid about what slows it down.
Sources: Allied Market Research (COVID impact, IoT segment, standardisation and skills barriers) and the Journal of Shipping and Trade (digitalisation barriers and adoption culture).
Please attribute figures to their original named source, linked in the Sources section below. If you cite this page, a link back to it is appreciated.
Figures are reproduced for reference and attributed to their publishers; Tidal does not claim ownership of third-party data. Market projections are estimates and may differ across research firms and revisions.
Tidal helps fleets and chandlers quote faster, source the right part, and keep procurement moving — see how it works.
Get Started