Over the five years through 2017, the Ship Building industry in China has been declining at an annualized rate of 6.6% to $59.8 billion. This industry's activities are highly concentrated in Jiangsu, Zhejiang, Shandong and Shanghai. Foreign-owned enterprises generate 29.5% of industry revenue. The largest two shipbuilding groups, CSSC and CSIC, produce over 30.0% of domestic metal ships.In 2012 and 2013, the weak economy around the globe led to decreases in international trade. As such, industry exports declined. The output volume of new ships fell 15.1% and 21.5%, respectively. In 2014, affected by downturn in the ship market, low international ship price and overcapacity, industry revenue fell 15.6% from 2013. In 2015, declining ship transportation costs drove 1.1%...purchase to read more.

Industry Report - Industry SWOT Analysis Chapter

From 2012 to 2022, industry value added growth is expected to be lower than GDP growth. Further, the number of enterprises in the industry is expected to decrease 4.0% per year over the next five years due to fierce market competition.The industry is dominated by three types of ships: oil tankers, bulk cargo carriers and container carriers, which in total accounted for about 70% of shipping exports in 2017 in China. This indicates that the variety of product in this industry is low, which assists companies in standardizing processes and developing efficiencies.In recent years, the research and development of shipbuilding in China has focused mainly on improving the capacity of dominant ship types. Alt...purchase to read more.

Additional Insights for the Ship Building Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ship Building Industry are

  • Undertaking technical research and development
  • Financial structure of the company
  • Proximity to transport
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Water Transport and Domestic Goods Prices - Metals - Steel in the Ship Building industry impact industry performance..

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    What's in this report

    What is the Ship Building Industry?

    Firms operating within the Ship Building industry in China primarily manufacture ships, ship bodies and boats from metals such as steel and aluminum. The ships and boats manufactured by this industry are intended for civil and military use, and exclude non-metal ships and boats for entertainment and sport. Ship repairing is included in the Ship Repairing and Conversion industry in China (IBISWorld industry report 3755).

    Industry Products
  • Oil tankers
  • Bulk cargo carriers
  • Container carriers
  • Other ships
  • Industry Activities
  • metal freighters, ocean liners and passenger liners
  • tug boats and fishing ships
  • engineering ships
  • warships, naval support ships, military transport ships and hospital ships
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Water Transport
  • Domestic Goods Prices - Metals - Steel
  • Exchange Rates - Country Exchange Rates - per US$
  • Growth (GDP) & Inflation - World

  • Current Performance
    International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Ship Building Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ship Building Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Freight Transport by Sea
  • Marine Services

  • Key Selling Industries
  • Aluminum Smelting
  • Engine Manufacturing
  • Iron and Steel Smelting
  • Paint Manufacturing
  • Scientific Instrument Manufacturing
  • Steel Rolling

  • Products & Services
  • Bulk cargo carriers
  • Container carriers
  • Oil tankers
  • Other ships
  • Chart: Ship Building Industry Products and Services Segmentation

  • Demand Determinants
  • International demand
  • Waterway logistics demand
  • Fuel prices
  • Raw material prices
  • Military and naval demand

  • Major Markets
  • Commercial shipping companies
  • Exports
  • Government
  • Chart: Major Market Segmentation for the Ship Building Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profitability
  • Purchases
  • Wages
  • Depreciation
  • Rent, utility and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Ship Building

  • Basis of Competition
  • Manufacturing technology
  • Brands
  • Price
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ship Building Industry

  • Industry Globalization
    China State Shipbuilding Corporation, China Shipbuilding Industry Corporation, New Times Shipbuilding Co. Ltd., Yangzijiang Shipbuilding (Holdings) Ltd., Sinopacific Shipbuilding Group Co., Ltd.,
  • Table: China State Shipbuilding Corporation - financial performance
  • Table: China Shipbuilding Industry Corporation - financial performance
  • Table: New Times Shipbuilding Co. Ltd. - financial performance
  • Table: Yangzijiang Shipbuilding (Holdings) Ltd. - financial performance
  • Table: Sinopacific Shipbuilding Group Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Ship Building Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Ship Building Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output of Shipbuilding (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Baltic Dry Index (Bdi)
  • An indicator of international shipping prosperity.
  • Liquefied Natural Gas (Lng)
  • Natural gas that has been converted temporarily to liquid form for ease of storage or transport.
  • Liquefied Petroleum Gas (Lpg)
  • A mixture of hydrocarbon gases used as a fuel in heating appliances and vehicles.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Ship Building market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ship Building:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ship Building market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ship Building, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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