Energy & Power

Hyundai Heavy Industries Co., Ltd.

Company Profile Analysis

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Hyundai Heavy Industries Co., Ltd. - Energy & Power showcase

Year Founded & Workforce

1971-12-31

16,000 Employees

Industry

Energy & Power

Services

H

Hyundai Heavy Industries Co., Ltd. Overview

Company Headquarters: Ulsan, South Korea

Founded: 1972

Workforce: ~ 16,000

Company Working: Hyundai Heavy Industries Co., Ltd is a multinational company, primarily focused on shipbuilding market. The company operates through five business divisions, namely shipbuilding, special & naval ships, offshore & engineering, industrial plant & engineering, and engine & machinery. Marine diesel engines are offered under Hyundai Heavy Industries Co., Ltd Energy & Machinery Division (HHI-END), which also manufactures propellers, cargo oil pumps, ballast water treatment systems, side thrusters. HHI-EMD manufactures engines that are offered under its own engine brand, HiMSEN. . Additionally, it considers research & development for improving operating reliability, performance, and developing environment-friendly engines, which have less carbon emissions.

Hyundai Heavy Industries Co., Ltd has more than 20 subsidiaries, such as Hyundai Samho Heavy Industries Co., Ltd., Hyundai (Jiangsu) Construction Machinery Co., Ltd., Hyundai Transformers and Engineering India Pvt., Ltd., and Hyundai Ideal Electric Co. in North America, Europe, Asia, and Africa. The company has more than 40 offices, across the globe.

Strategy

The company adopted expansion and investments as the key strategies to increase its market share in the marine diesel engine market. For instance, in 2016, the company invested approximately USD 35 million into the joint venture, Wärtsilä-Hyundai Engine Company Ltd. for the manufacturing, assembly and testing of marine engines in South Korea. Furthermore, the company is increasing its focus on expanding its business in regions, such as the Middle East & Africa, South America and Europe.

Company Snapshot

$1,283M

Revenue

16,000

Employees

1971-12-31

Founded

Ulsan, South Korea

Headquarters

Product Offering

  • Hyundai Heavy Industries Co., Ltd.
    • Gas Engine

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hyundai Heavy Industries Co., Ltd. as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hyundai Heavy Industries Co., Ltd.

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