Global Shipbuilding and Offshore Rig Fabrication and Repair Market Growth (Status and Outlook) 2025-2031

The global Shipbuilding and Offshore Rig Fabrication and Repair market size is predicted to grow from US$ 96160 million in 2025 to US$ 136530 million in 2031; it is expected to grow at a CAGR of 6.0% 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.

An offshore rig is a large structure on or in water with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing.

The industry"s leading producers are Hyundai Heavy Industries (HHI), Daewoo (DSME) and Fincantieri, with their share of revenue in 2019 at 13.90%, 12.26% and 8.39%, respectively.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shipbuilding and Offshore Rig Fabrication and Repair 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 and Offshore Rig Fabrication and Repair.

This report presents a comprehensive overview, market shares, and growth opportunities of Shipbuilding and Offshore Rig Fabrication and Repair market by product type, application, key players and key regions and countries.

Segmentation by Type:
Tankers
Bulkers
Containers
Cruise and Ferry
Offshore Rig
Others

Segmentation by Application:
Fabrication
Repair

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 analyzing the company's coverage, product portfolio, its market penetration.
Hyundai Heavy Industries (HHI)
Daewoo Shipbuilding & Marine Engineering (DSME)
Fincantieri
Samsung
CSIC
Sembcorp Marine
Imabari Shipbuilding
Japan Marine United
CSSC
Yangzijiang Shipbuilding
Keppel
Meyer Neptun
New Times
COSCO
Oshima Shipbuilding
Hanjin Heavy Industries & Construction

Please note: The report will take approximately 2 business days to prepare and deliver.