Shipbuilding and Repair Services in Australia - Market Research Report

Shipbuilding and Repair Services industry trends (2014-2019)

poll Average industry growth 2014–2019: -0.4%

The Shipbuilding and Repair Services industry has contracted over the past five years. The industry is mostly driven by government investment through the issue of valuable contracts for delivery of Royal Australian Navy (RAN) warships and submarines. Over the past five years, most existing RAN contracts were delivered, making it a period without significant industry investment. Revenue fell from $3.1 billion in 2013-14 to $3.0 billion in 2018-19, declining by an annualised 0.4% over the five years. Revenue has been volatile over the past five years, constraining overall growth. However, revenue is expected to rise by 19.1% in the current year. This is mainly due to the government announcing a new set of contracts in 2016, such as the Hunter-Class Fri...
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Shipbuilding and Repair Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue in the Shipbuilding and Repair Services industry is forecast to grow strongly at an annualised X.X% over the next five years, to reach $X.X billion by XXX-XX. This is expected to be mainly driven by government expenditure on defence, helping the industry to buck wider trends affecting manufacturing industries in Australia. Government roadmap The main reason for favourable revenue forecasts for the Shipbuilding and Repair Services industry compared with other manufacturing industries is an expected increase in defence expenditure over the next five years. The government has stated its desire to build a stronger domestic defence industry, in part due to defence concerns as well as economic motivations. As outlined by the Australian Government...
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Shipbuilding and Repair Services industry statistics

  • attach_money Market Size: $3bn
  • business Number of Businesses: 560
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 8,678

Biggest companies in the Shipbuilding and Repair Services industry

The companies holding the largest market share in the Shipbuilding and Repair Services in Australia industry include ASC Pty Limited, BAE Systems Australia Holdings Limited, Thales Australia Holdings Pty Limited and Civmec Construction & Engineering Pty Ltd.

  • pie_chart ASC Pty Limited Market Share: x.x%
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  • pie_chart BAE Systems Australia Holdings Limited Market Share: x.x%
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  • pie_chart Thales Australia Holdings Pty Limited Market Share: x.x%
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  • pie_chart Civmec Construction & Engineering Pty Ltd Market Share: x.x%
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What is Shipbuilding and Repair Services industry?

Industry Definition

Industry firms primarily manufacture or repair ships with a 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 and Services

  • Military shipbuilding
  • Submarine construction
  • Commercial shipbuilding
  • Ship repair and maintenance
  • All Others

Industry Activities

  • Dry dock operation
  • Hull cleaning
  • Ship repairing
  • Shipbuilding
  • Submarine construction
  • Submarine component manufacturing

Market research report - table of contents

Industry Definition

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

Main Activities

  • Dry dock operation
  • Hull cleaning
  • Ship repairing
  • Shipbuilding
  • Submarine construction
  • Submarine component manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Industry operators build warships and submarines for the Royal Australian Navy (RAN). Increases in capital expenditure on defence can lead to new multi-bi...
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Capital expenditure on defence
Demand from water freight transport
Trade-weighted index
Demand from tourism

Current Performance

Major international acquisitions
Effects of international trade
 Chart: Revenue Growth

Industry Outlook

Future naval projects
Industry involvement
Projections of international trade
 Table: Shipbuilding and Repair Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Shipbuilding and Repair Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Defence in Australia
Fishing in Australia
Water Freight Transport in Australia
Water Passenger Transport in Australia



Key Selling Industries

Plastic Pipe and Plastic Packaging Material Manufacturing in Australia
Iron and Steel Casting and Forging in Australia
Aluminium Rolling, Drawing and Extruding in Australia
Power Automation Products and Other Electrical Equipment Manufacturing in Australia



Products & Services

The Shipbuilding and Repair Services industry is broadly segmented into military and commercial products and services. The commercial shipbuilding market ...
Commercial industries





Demand Determinants

Federal Government spending on defence is a key driver of demand for industry products. Expenditure allocated to the defence budget relies on military req...
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Major Markets

Commercial industries






 Chart: Major Market Segmentation for the Shipbuilding and Repair Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Shipbuilding and Repair Services industry has a moderate market share concentration. The concentration indicates the extent that major players dominat...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Shipbuilding and Repair Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Shipbuilding and Repair Services in Australia - Market Research Report Industry

Industry Globalization

ASC Pty Ltd (Australian Submarine Corporation) is a government owned company established in 1985 with the aim of providing shipbuilding, maintenance and e...
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ASC

 Table: ASC - financial performance

BAE Systems Australia

 Table: BAE Systems Australia - financial performance

Thales Australia

 Table: Thales Australia - financial performance

Civmec

 Table: Civmec - financial performance

Capital Intensity

The Shipbuilding and Repair Services industry has low capital intensity. For every dollar spent on wages, an estimated $0.09 is expected to be invested in...
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 Chart: Level of Capital Intensity for the Shipbuilding and Repair Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Shipbuilding and Repair Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AIR WARFARE DESTROYER (AWD)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Shipbuilding and Repair Services industry?

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This report on Shipbuilding and Repair Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Shipbuilding and Repair Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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