Shipbuilding in Singapore
Summary
Shipbuilding in Singapore 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 76.9% between 2020 and 2025, reaching a total of 167.7 thousand gross tonnage in 2025.
- Bulk Carriers had the highest volume in the Singaporean shipbuilding market in 2025, with a total of 73.4 thousand gross tonnage, equivalent to 43.8% of the market's overall volume.
- In 2025, the Singaporean shipbuilding market experienced an annual growth of 4.5%, driven by increased international trade. For instance, in December 2025, Vietnam-Singapore trade continued to grow at a record pace over the first 11 months of 2025, with strong gains in both exports and imports, underscoring the momentum in bilateral economic cooperation.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the shipbuilding market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the shipbuilding market in Singapore
- 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 Singapore shipbuilding market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Singapore shipbuilding market by value in 2025?
- What will be the size of the Singapore shipbuilding market in 2030?
- What factors are affecting the strength of competition in the Singapore shipbuilding market?
- How has the market performed over the last five years?
- Who are the top competitiors in Singapore's shipbuilding market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASL Marine Holdings Ltd
- Marco Polo Marine Ltd
- Seatrium Ltd
