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Ship Building in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE33661aCA

Ship Building in Prince Edward Island industry analysis

Revenue for the Ship Building industry in Prince Edward Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Ship Building in Prince Edward Island Market Research Report

What’s Included in the Ship Building in Prince Edward Island Market Research Report

Definition of the Ship Building in Prince Edward Island?

Companies in the Ship Building industry in Canada build, repair, convert and modify ships in shipyards, including warships, icebreakers and ferries. Shipyards are fixed facilities with dry docks and fabrication equipment capable of building ships, defined as watercraft suitable or intended for purposes other than personal or recreational use. This does not include boat building activities.

What’s included in the Ship Building in Prince Edward Island?

The Ship Building in Prince Edward Island includes civil ship building, civil repair and maintenance services, offshore oil and gas structures and components, naval ship building and naval repair and maintenance services. Related terms covered in the Ship Building in Prince Edward Island industry report includes a flat-bottomed boat that is built mainly for river and canal transportation of heavy goods, a fixed facility with dry docks and fabrication equipment capable of building a ship and a ship between 55,000 dwt and 80,000 dwt, the largest ship capable of navigating in the panama canal.

Industry Performance of the Ship Building industry in Prince Edward Island

Benchmark the Ship Building in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Ship Building in Prince Edward Island

#7 in Highest Revenue 1.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ship Building in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Ship Building industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, government funding for defense, total value of world trade and government consumption and investment are impacting Ship Building in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in PE State Economic profile

Canada Key External Drivers

Government funding for defense
Total value of world trade
Government consumption and investment

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Ship Building industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Ship Building in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Ship Building industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Ship Building industry in Prince Edward Island in 2025?

The market size of the Ship Building industry in Prince Edward Island is $58.0m in 2025.

How many businesses are there in the Ship Building industry in Prince Edward Island in 2025?

There are 8 businesses in the Ship Building industry in Prince Edward Island, which has been growing at an average annual rate of 9.9% from 2020 to 2025.

Has the Ship Building industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Ship Building industry in Prince Edward Island has been declining at an average annual rate of -0.9% from 2020 to 2025.

How many employees in the Ship Building industry in Prince Edward Island in 2025?

There are 169 employees in the Ship Building industry in Prince Edward Island, which has been growing at an average annual rate of 3.8% from 2020 to 2025.