SEARCH   
MEMBER LOGIN      
Forgot Password?

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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 - Industry SWOT Analysis Chapter

The Shipbuilding and Repair Services industry is in the growth stage of its economic life cycle. As defence industries are the largest markets for industry players, companies are often expected to provide cutting-edge technology rivals other global military vessels. This tends to result in strong and constant demand for a range of industry ships and upgrades, and particularly for specialised naval vessels. Over the past five years, establishments have been declining despite strong growth in industry revenue. Commercial shipbuilders have faced rising import competition, which has forced some operators to exit the industry. However, those with access to strong existing markets and economies of scale have consolidated their positions, giving rise to growth in 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