Shipbuilding in Turkey
Summary
Shipbuilding in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 volumes declined with a negative CAGR of 3.2% between 2020 and 2025, reaching a total of 87.7 thousand gross tonnage in 2025.
- The oil tankers segment accounted for the market's largest proportion in 2025, with a total volume of 26.4 thousand gross tonnage, equivalent to 30.0% of the market's overall volume.
- In 2025, the Turkish shipbuilding market experienced an annual growth of 5.1%, driven by increased international trade. For instance, in March 2025, Turkey’s exports reached $23.4 billion, up 3.2% from last year. The trade deficit slightly improved to $7.3 billion, and exports covered 76.3% of imports, which is a small rise. For January to March, total exports were $65.3 billion, up 2.5% compared with the same period last year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the shipbuilding market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the shipbuilding market in Turkey
- 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 Turkey shipbuilding market with five year forecasts
Reasons to Buy
- What was the size of the Turkey shipbuilding market by value in 2025?
- What will be the size of the Turkey shipbuilding market in 2030?
- What factors are affecting the strength of competition in the Turkey shipbuilding market?
- How has the market performed over the last five years?
- How large is Turkey’s shipbuilding market in relation to its regional counterparts?
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:
- Sefine Shipyard Co Inc
- Torlak Denizcilik San ve Tic AS
- Tersan Tersanecilik San Tic AS
- Argem Shipyard
