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 | May 2016

Shipshape: Major defence construction contracts continue to drive industry growth

IBISWorld’s Shipbuilding and Repair Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
9,597
Businesses
423
Industry Analysis & Industry Trends

The Shipbuilding and Repair Services industry has undergone moderate growth over the past five years, with revenue estimated to rise at an annualised 1.5% over the five years through 2015-16. Defence expenditure and Royal Australian Navy (RAN) shipbuilding contracts strongly influence revenue growth. Key RAN projects during the past five years include the construction of the Canberra-class landing helicopter docks (LHDs), which were completed in December 2015, and the ongoing Hobart-class air warfare destroyers (AWDs) project, with both projects continuing to drive revenue growth. Revenue is set to grow by 1.9% in 2015-16, to reach $3.0 billion.

Exposure to overseas markets has shifted the industry's operations over the past five years... purchase to read more

Industry Report - Starting a New Business Chapter

The industry has high barriers to entry and this trend has remained steady over the past five years. Substantial start-up costs, including land acquisitions, make it difficult for prospective companies to enter the industry. Competition is moderate and the industry is highly concentrated, which makes it difficult for new participants to gain a foothold in the industry and compete with well-established major players. Defence contracts are usually awarded to companies with proven track records. Incumbent firms are often multinational shipbuilding entities that have expertise in ship design and construction. These factors make it even harder for potential companies to enter the industry... 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