Shipbuilding Market Share

Statistics for the 2023 & 2024 Shipbuilding market share, created by Mordor Intelligence™ Industry Reports. Shipbuilding share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Shipbuilding Industry

The shipbuilding market is fragmented, with several players accounting for significant amounts of shares in the market. Some of the prominent companies in the market are Mitsubishi Heavy Industries, Hyundai Heavy Industries, China State Ship Building Corporation, DSME, and others. Companies are investing heavily in research and development for the innovation of new and advanced products. For instance:

  • In January 2023, A start-up, TvastaManufacturing Solutions, built Kolkota's first 3D printed structure for Garden Reach Shipbuilders and Engineers at the Kolkata shipyard. Tvasta Manufacturing Solutions, which specializes in 3D printing construction, built the structure as a technology demonstrator for GRSE.

Such developments over the five years are expected to drive the market.

Shipbuilding Market Leaders

  1. China State Shipbuilding Corporation

  2. Mitsubishi Heavy Industries Ltd.

  3. Samsung Heavy Industries

  4. Daewoo Shipbuilding & Marine Engineering Co., Ltd

  5. Hyundai Heavy Industries Co. Ltd.

*Disclaimer: Major Players sorted in no particular order

Shipbuilding Market Concentration

Shipbuilding Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)