Global Shipbuilding Market Growth 2025-2031

Global Shipbuilding Market Growth 2025-2031

The global Shipbuilding market size is predicted to grow from US$ 42070 million in 2025 to US$ 58690 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.

Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.

China is the largest Shipbuilding market with about 40% market share. South Korea is follower, accounting for about 35% market share.

The key players are China Shipbuilding Group Corporation, KSOE (Hyundai Heavy Industries), Daewoo Shipbuilding, Fincantieri, Samsung Heavy Industries, Imabari Shipbuilding, Japan Marine United, COSCO SHIPPING HEAVY INDUSTRY, Yangzijiang Shipbuilding, Oshima Shipbuilding etc. Top 3 companies occupied about 66% market share.

LP Information, Inc. (LPI) ' newest research report, the “Shipbuilding Industry Forecast” looks at past sales and reviews total world Shipbuilding sales in 2024, providing a comprehensive analysis by region and market sector of projected Shipbuilding sales for 2025 through 2031. With Shipbuilding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shipbuilding industry.

This Insight Report provides a comprehensive analysis of the global Shipbuilding landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shipbuilding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shipbuilding market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shipbuilding and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shipbuilding.

This report presents a comprehensive overview, market shares, and growth opportunities of Shipbuilding market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Bulkers
Tankers
Containers
Other Ships

Segmentation by Application:
Goods Transportation
Passenger Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
China Shipbuilding Group Corporation
KSOE (Hyundai Heavy Industries)
Daewoo Shipbuilding
Fincantieri
Samsung Heavy Industries
Imabari Shipbuilding
Japan Marine United
COSCO SHIPPING HEAVY INDUSTRY
Yangzijiang Shipbuilding
Oshima Shipbuilding

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shipbuilding market?

What factors are driving Shipbuilding market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Shipbuilding market opportunities vary by end market size?

How does Shipbuilding break out by Type, by Application?