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There are xx businesses in the Shipbuilding industry in Canada, which is expected to grow at xx% over the next five years. 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.
Curious about what drives these trends? IBISWorld's Shipbuilding in Canada industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Truck & Bus Manufacturing in Canada |
|
XX% | XX% | $XX |
| Train, Subway & Transit Car Manufacturing in Canada |
|
XX% | XX% | $XX |
| Boat Building in Canada |
|
XX% | XX% | $XX |
| Ocean & Coastal Transportation in Canada |
|
XX% | XX% | $XX |
| Global Ship & Boat Building |
|
XX% | XX% | $XX |
| Shipbuilding in the US |
|
XX% | XX% | $XX |
| Shipbuilding & Repair Services in Australia |
|
XX% | XX% | $XX |
| Shipbuilding & Repair Services in New Zealand |
|
XX% | XX% | $XX |
| Shipbuilding in the UK |
|
XX% | XX% | $XX |
| Ship Building in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 324 Shipbuilding in Canada businesses as of 2026, an increase of 2.2% from 2025.
The number of Shipbuilding in Canada businesses has grown 7.4% per year on average over the five years between 2021 and 2026.
See our full analysis of the Shipbuilding in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Shipbuilding in Canada has low market share concentration and the largest business is Irving Shipbuilding Inc..