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Ship Building in Canada - Industry Market Research Report

  • ID: 4062163
  • Report
  • May 2021
  • Region: Canada
  • 52 pages
  • IBISWorld
Pier Pressure: The Anticipation of An Expected Economic Recovery Will Likely Support Industry Growth

FEATURED COMPANIES

  • Irving Shipbuilding Inc.
  • Seaspan ULC
  • MORE

Ship Building in Canada

The Ship Building industry in Canada has rapidly expanded over the five years to 2019. Industry operators build, modify, convert and repair ships, including warships, icebreakers, ferries and offshore platforms. Prior to the current period, this industry was troubled, competing with foreign builders while dealing with inconsistent domestic demand. In an effort to rebuild its navy and coast guard, the federal government launched the National Shipbuilding Procurement Strategy (NSPS) in 2010, which effectively solved this problem. The industry was able to begin its expansion since most of these projects will take more than a decade. Over the five years to 2024, industry revenue is forecast to rise. As NSPS-related ship construction ramps up, the industry will increase production.

Companies in the Ship Building industry in Canada build, repair, convert and alter ships in shipyards. Shipyards are fixed facilities with dry docks and fabrication equipment capable of building ships, defined as watercraft suitable or intended for purposes other than personal or recreational use. This does not include boat building activities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Irving Shipbuilding Inc.
  • Seaspan ULC
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
  • Chantier Davie Canada Inc.
  • Seaspan ULC
  • Irving Shipbuilding Inc.
Note: Product cover images may vary from those shown

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