SEARCH   
MEMBER LOGIN    

Shipbuilding and Repair Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Shipbuilding and Repair Services Market Research Report | ANZSIC C2391 | Jul 2015

Smooth sailing: Major defence construction contracts continue to drive industry growth

The Shipbuilding and Repair Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
6.6%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
10,716
Businesses
437
Industry Analysis & Industry Trends

The Shipbuilding and Repair Services industry has grown significantly over the past five years. Revenue is estimated to rise at an annualised 6.6% over the five years through 2015-16. Industry revenue growth is strongly influenced by defence expenditure and Royal Australian Navy (RAN) shipbuilding contracts. A major drop in capital expenditure on defence in 2012-13 did not severely affect industry operations, as existing RAN projects, primarily the Hobart-class Air Warfare Destroyer (AWD) and the Canberra-class Landing Helicopter Dock (LHD) projects, continued to drive revenue growth. Revenue is set to grow by 1.7% in 2015-16, to reach $3.8 billion... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, industry players have enjoyed robust growth. Rising capital expenditure on defence projects has driven revenue growth over this period, while major defence budget cuts in 2012-13 did not greatly affect industry revenue. Royal Australian Navy (RAN) shipbuilding projects that have occurred over the past five years include the Hobart-class Air Warfare Destroyers (AWDs) and the Canberra-class Landing Helicopter Dock (LHDs) amphibious assault ships. The commercial sector has faced strong competition from import markets. Competition has been particularly strong from shipbuilders with far lower wage costs in countries such as China, and from shipbuilders that specialise in technologically advanced vessels in countries such as Spain... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Shipbuilding and Repair Services Industry?

Companies in the industry primarily manufacture or repair ships with displacement of 50 tonnes or more. Firms that manufacture submarines and major components for ships and submarines are also included in the industry.

Industry Products
Military shipbuildingSubmarine constructionCommercial shipbuildingShip repair and maintenance
 
Industry Activities
Dry dock operationHull cleaningShip repairingShipbuildingShipwreckingSubmarine constructionSubmarine component


View Sample
Quote
Select Clients