+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Ship Building in the US - Industry Market Research Report

  • ID: 452483
  • Report
  • March 2021
  • Region: United States
  • 45 pages
  • IBISWorld
Rough Waters: Potential Budgetary Constraints May Reduce Naval Outlays in Future Defense Budgets

FEATURED COMPANIES

Ship Building in the US

Over the five years to 2018, the Ship Building industry, made up of operators that design, build and repair ships and other vessels for both the defense and commercial sectors, encountered rough seas as demand sank. The industry maintained some stability as long project lead times for ships and consistent demand for military ships from the US Navy kept shipyards busy. Rising US oil and gas production has increased demand for tankers, offshore platforms, drilling ships and other vessels needed for domestic operations, all of which must be built at shipyards in the United States. However, the dramatic fall in oil prices between 2014 and 2016 led to declines in related investment, decreased commercial demand overall. In turn, industry revenue declined over the five years to 2018. Over the five years to 2023, industry revenue is forecast to grow.

Shipbuilders operate shipyards, which are fixed facilities with dry docks and fabrication equipment capable of building a ship. A ship is defined as watercraft typically suitable or intended for use other than for personal or recreational purposes. Shipyard activities include ship construction, repair, conversion and alteration; the production of prefabricated ship and barge sections; and specialized services, such as ship scaling.

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

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

A selection of companies mentioned in this report includes:

  • General Dynamics Corporation
  • Huntington Ingalls Industries Inc.
  • BAE Systems PLC
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll