Publish Date: October 2026
Updated Tariff & Recession Risk Analysis and Forecasts
The Ship Building & Repair Market Report covers the $29 billion industry which produces and maintains large watercraft spanning commercial vessels, naval ships, offshore platforms, ferries, and specialized marine applications. Competitive structure features large shipyards with extensive facilities alongside specialized builders addressing particular vessel categories. Market demands increasingly emphasize fuel efficiency supporting operating economics, emissions compliance addressing maritime regulations, specialized designs addressing particular operational requirements, and increasingly digital integration supporting vessel management and automation. Manufacturers face challenges balancing complex marine engineering, extremely long construction cycles affecting capital requirements, specialized manufacturing infrastructure, and significant trade policy implications directly affecting international competitiveness. Industry leaders differentiate through advanced engineering optimizing vessel performance, specialized construction capabilities addressing challenging marine applications, comprehensive project management ensuring delivery schedules, and increasingly lifecycle support capabilities in a sector where construction quality and project execution drive customer selection decisions.
Ship Building & Repair Industry Definition
Ship Building & Repair produces large vessels for commercial and military applications, including cargo ships, tankers, naval vessels, and specialized marine craft. Companies design and construct substantial vessels for oceanic and inland waterway operations with appropriate cargo capacity, seaworthiness, and operational capabilities. Manufacturing processes include steel fabrication and assembly of hull sections, integration of propulsion and electrical systems, installation of sophisticated navigation equipment, interior compartment construction, and comprehensive sea trials. These businesses create essential equipment for global trade and naval operations. The industry continuously improves manufacturing efficiency, propulsion technology, operational safety, and increasingly focuses on automation, emissions control systems, and alternative fuels while enhancing vessel safety and environmental compliance features.
NAICS Code: 336611
Total # of Companies: 539
Total # of Factories / Facilities: 623
Industry Employees: 102,951
Market Size: $29 billion
TARIFF IMPACT (Summer 2025 – Download Report for Updated Analysis)
This report has in-depth analysis on the recent US tariff changes on material costs, quantifying import dependencies, tariff exposure rates, and key source countries for the ship building & repair sector.
Estimated Tariff Cost: $850 million
Relative Tariff Impact: HIGH
Ship Building & Repair Report Format
The 2026 U.S. Ship Building & Repair Market Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. This market report is utilized by professionals to gain a in-depth understanding of the sector for business strategy, planning, forecasting, benchmarking, industry analysis, valuations, identifying organizational inefficiencies, financial analysis, and more.
This report covers more than 100 statistical data sets with historical trend data from 2017 to 2025, and 2026 and 2030 forecasts. The report includes market size & growth, in-depth OPEX analysis on 26 categories, dozens of financial metrics, forecasts, plant inventory analysis, detailed breakdown of 31 balance sheet items, numerous industry segmentations, top 50 companies analysis, material costs analysis, profitability metrics, state benchmarks, plant capacity analysis, employee role analysis, inflation trend benchmarks, employee pay analysis, revenue per employee trends, and more.
Below are a few page images from the report and check out the table of contents for a complete overview.
Report Table of Contents
Evaluate the table of contents to appreciate why thousands of professionals, bankers, consultants, accountants, and other executives rely on Kentley Insights for data-rich industry insights.
For this report, the core data is sourced from comprehensive business, operational, and economic surveys conducted by government and private institutions and filled out by a statistically significant number of companies in the ship building & repair sector. Our analysts develop the forecasts utilizing econometric models based on historical statistical analysis, industry trends and dynamics, macroeconomic analysis & forecasts.
1-2 – Market Report Overview & Contents
3 – Market Overview
– Data Sources, Industry Definition & Market Commentary
4 – Market Synopsis – Revenue & Growth
5 – Market Synopsis – Costs & Profitability
SECTION ONE
REVENUE & GROWTH ANALYSIS
7 – Market Size Details
– Industry Revenues, Companies & Facilities
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
8 – Growth Benchmarks
– Sales per Company & Plant
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
9 – Product Lines Revenue
– Percentage of Revenue from Product Lines
10 – BCG Matrix – Net Income vs. Revenue Growth
– Subsectors vs. Industry
11 – Total Sales by Month & Year
– 2021-2025 Sales per Month
12 – Inventory Value by Month & Year
– Inventory Value per Month for 2021-2025
13 – Months of Inventory
– Months of Inventory per Month for 2021-2025
14 – Sector Revenue by Segments
– Concentration Segments by Top Companies
– Business Size Segments
– Business Structure Segments
15 – Market Size by State
16 – Market Size as a % of State GDP
17 – Sales as a % of State Manufacturing
18 – Market Segmentation by Business Size
19 – Market Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll
20 – Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll
21 – Market Share of Top 50 Companies
22 – Subsector Market Share of Top 50 Companies
23 – Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll
24 – Revenue per Company by State
– Revenue per Company
25 – Revenue per Company by Segments
26 – Revenue per Facility by State
27 – Revenue per Facility by Segment
– Business Size, Concentration, & Structure
28 – Subsector Growth
– Sales and 5-Year Growth
29 – Subsector Statistics
– Sales per Company & Facility, and 5-Year Growth
30 – Consolidation Analysis
– 5-Year Growth of Companies & Locations
31 – Employment Consolidation Analysis
– 5-Year Growth of Employee Statistics
32 – Subsector Consolidation Analysis
– Number of Companies & Facilities
– 5-Year Growth
33 – Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year Growth
SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS
35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– 10 of the Top Financial Ratios
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: 14 Categories
– Short-term, Long-term Liabilities, & Net Worth: 13 Categories
37 – OPEX
– Industry OPEX
– Revenue vs. OPEX Growth
– OPEX as a Percent of Revenue
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
38 – OPEX by Company & Plant
– OPEX per Company & Facility
– Revenue vs. Expenses Growth per Plant
– Trend Analysis & Forecasts
Page 39 – OPEX Detail
– Employee Expenses: payroll, insurance, pension, defined contribution plans, fringe benefits, temps
– Cost of Materials: materials, parts, containers, packaging, cost of resale, electricity and fuels, contract work
– Buildings and Equipment: capex for equipment, rental or lease for equipment, capex for buildings and structures, rental or leases, repair and maintenance
– Other Operating Expenses: professional and technical services, IT software and hardware, data processing and communications, advertising, refuse removal, taxes and license fees, other
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies
40 – Production Material Costs & Tariff Analysis
– Top Production Material Costs Breakdown
– Industry & Material Tariff Analysis – % of costs, import %, tariff costs, source countries
41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– Trend Analysis & Forecasts
– Monthly PPI Figures for the Past 4 Years
42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2022-2025 Historical Figures by Quarter
43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years
44 – Productivity & Employment
– Revenue per Employee
– Total Employees
– Employees per Company
– Trend Analysis & Forecasts
45 – Employee Productivity by Segments
– Business Size, Concentration, & Structure
46 – Employee Productivity by State
47 –Subsector Sales & Payroll per Employee
– Absolute & 5-Year Growth
48 – Payroll Analysis
– Payroll per Employee, Company & Plant
– Trend Analysis & Forecasts
49 – Payroll per Company by Segments
50 – Payroll per Plant by Segments
51 – Payroll per Employee by Segments
52 – Payroll per Employee by State
53 – Organizational Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
54 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
55 – Top 20 Jobs Breakdown
56 – Top 20 Jobs Pay
57 – Employees per Company by Segments
58 – Employees per Plant by Segments
59 – Facilities per Company by Segments
60 – Total Employment by State
61 – Population to Every Employee by State
62 – Employees per Facility by State
63 – Overview of Kentley Insights
Download a Sample Report
Below is a free sample report download. The 2026 Ship Building & Repair Market Report has the same layout and data sets as the sample report.
Product Lines, Materials, and Jobs Covered in Report
PRODUCT LINES
Ships (including combat ships, troop transport vessels, fleet auxiliaries, and service craft), self-propelled, military, new construction
Ship repair, military
Ships, barges, and platforms, nonpropelled, new construction
Ships, self-propelled, nonmilitary, new construction
Ship repair, nonmilitary
Ship building and repairing, nsk, total
MATERIAL COST CATEGORIES
Materials, ingredients, containers, and supplies, nsk
Cost of all other materials and components, parts, containers, and supplies consumed
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Electric motors, generators, and parts
Construction machinery and parts (including shipwinches, cranes, derricks, and capstans)
Mechanical speed changers, gears, and industrial high-speed drives
Fluid power hose, tube fittings, valves and assemblies (hydraulic and pneumatic)
Aluminum and aluminum-base alloy sheet, plate, foil (including packaging products), and welded tubing
Gas engines (excluding aircraft, automobile, and marine); diesel, semidiesel; and piston-type natural gas engines, and parts
Motor vehicle electrical and electronic equipment
Fluid power pumps, motors, and hydrostatic transmissions (hydraulic and penumatic), including parts
Misc. aluminum-base alloy shapes and forms, including powder
INDUSTRY JOBS ANALYZED
Miscellaneous Assemblers and Fabricators
Welding, Soldering, and Brazing Workers
Pipelayers, Plumbers, Pipefitters, and Steamfitters
First-Line Supervisors of Production and Operating Workers
Structural Metal Fabricators and Fitters
Electricians
Painting Workers
Miscellaneous Installation, Maintenance, and Repair Workers
Machinists
Carpenters
Production, Planning, and Expediting Clerks
Miscellaneous Metal Workers and Plastic Workers
Laborers and Material Movers, Hand
Inspectors, Testers, Sorters, Samplers, and Weighers
First-Line Supervisors of Construction Trades and Extraction Workers
Miscellaneous Production Workers
Sheet Metal Workers
Drafters
Stock Clerks and Order Fillers
Maintenance and Repair Workers, General
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