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Shipbuilding in Malaysia

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    Report

  • 47 Pages
  • January 2026
  • Region: Malaysia
  • GlobalData
  • ID: 6285803

Shipbuilding in Malaysia

Summary

Shipbuilding in Malaysia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Shipbuilding is the process of designing, constructing, and assembling ships for transportation and trade. It involves a series of stages, including planning, engineering, fabrication, and outfitting, to create a functional and seaworthy vessel. Market volume represents gross tonnage, which is determined by the molded volume of all enclosed spaces within the ship. Molded volume refers to the internal volume of the ship's hull, calculated based on the shape and dimensions of its structure, including all enclosed areas such as cargo holds, machinery spaces, and crew accommodations.
  • Market production volume increased with a CAGR of 13.3% between 2020 and 2025, reaching a total of 40.5 thousand gross tonnage in 2025.
  • Oil tankers had the highest volume in the Malaysian shipbuilding market in 2025, with a total of 10.2 thousand gross tonnage, equivalent to 25.2% of the market's overall volume.
  • In 2025, the Malaysian shipbuilding market grew by 4.4%, driven by increased international trade. For instance, in January 2025, Malaysia’s Ministry of Investment, Trade, and Industry reported that the country’s trade reached a record high by the end of 2025, with a strong upswing in electronics exports lifting total trade above MYR3 trillion ($631.6 billion) for the first time and underpinning stronger-than-expected economic growth.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the shipbuilding market in Malaysia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the shipbuilding market in Malaysia
  • Leading company profiles reveal details of key shipbuilding market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Malaysia shipbuilding market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Malaysia shipbuilding market by value in 2025?
  • What will be the size of the Malaysia shipbuilding market in 2030?
  • What factors are affecting the strength of competition in the Malaysia shipbuilding market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Malaysia's shipbuilding market?

Table of Contents

1 Executive Summary
1.1. Market Volume
1.2. Market Volume Forecast
1.3. Category Segmentation
1.4. Geography Segmentation
1.5. Market Rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of leading players?
7.3. What are the challenges in the market?
8 Company Profiles
8.1. Nam Cheong Ltd
8.2. Malaysia Marine and Heavy Engineering Holdings Bhd
8.3. Lumut Naval Shipyard Sdn Bhd
8.4. Labuan Shipyard and Engineering Sdn Bhd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry Associations
10.3. Related the Analyst Research
10.4. About the Analyst
List of Tables
Table 1: Malaysia shipbuilding market volume: thousand gross tonnage, 2020-25
Table 2: Malaysia shipbuilding market category segmentation: % share, by volume, 2020-25
Table 3: Malaysia shipbuilding market category segmentation: thousand gross tonnage, 2020-25
Table 4: Malaysia shipbuilding market geography segmentation: thousand gross tonnage, 2025
Table 5: Malaysia shipbuilding market volume forecast: thousand gross tonnage, 2025-30
Table 6: Nam Cheong Ltd: Key Facts
Table 7: Nam Cheong Ltd: annual financial ratios
Table 8: Nam Cheong Ltd: key employees
Table 9: Malaysia Marine and Heavy Engineering Holdings Bhd: Key Facts
Table 10: Malaysia Marine and Heavy Engineering Holdings Bhd: annual financial ratios
Table 11: Malaysia Marine and Heavy Engineering Holdings Bhd: key employees
Table 12: Lumut Naval Shipyard Sdn Bhd: Key Facts
Table 13: Lumut Naval Shipyard Sdn Bhd: key employees
Table 14: Labuan Shipyard and Engineering Sdn Bhd: Key Facts
Table 15: Malaysia Size Of Population (Million), 2021-25
Table 16: Malaysia Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 17: Malaysia GDP (Current Prices, $ Billion), 2021-25
Table 18: Malaysia Inflation, 2021-25
Table 19: Malaysia Consumer Price Index (Absolute), 2021-25
Table 20: Malaysia Exchange Rate, 2020-25
List of Figures
Figure 1: Malaysia shipbuilding market volume: thousand gross tonnage, 2020-25
Figure 2: Malaysia shipbuilding market category segmentation: thousand gross tonnage, 2020-25
Figure 3: Malaysia shipbuilding market geography segmentation: % share, by volume, 2025
Figure 4: Malaysia shipbuilding market volume forecast: thousand gross tonnage, 2025-30
Figure 5: Forces driving competition in the shipbuilding market in Malaysia, 2025
Figure 6: Drivers of buyer power in the shipbuilding market in Malaysia, 2025
Figure 7: Drivers of supplier power in the shipbuilding market in Malaysia, 2025
Figure 8: Factors influencing the likelihood of new entrants in the shipbuilding market in Malaysia, 2025
Figure 9: Factors influencing the threat of substitutes in the shipbuilding market in Malaysia, 2025
Figure 10: Drivers of degree of rivalry in the shipbuilding market in Malaysia, 2025

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nam Cheong Ltd
  • Malaysia Marine and Heavy Engineering Holdings Bhd
  • Lumut Naval Shipyard Sdn Bhd
  • Labuan Shipyard and Engineering Sdn Bhd