Mobile Menu

Ship Building in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33661a

Ship Building in New Mexico industry analysis

The Ship Building industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to decline -x.x% to x locations. Industry employment is expected to decrease an annualized -x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Ship Building in New Mexico Market Research Report

What’s Included in the Ship Building in New Mexico Market Research Report

Definition of the Ship Building in New Mexico?

Shipbuilders operate shipyards, which are fixed facilities with dry docks and fabrication equipment capable of building a ship. A ship is defined as watercraft typically suitable or intended for use other than for personal or recreational purposes. Shipyard activities include ship construction, repair, conversion and alteration; the production of prefabricated ship and barge sections; and specialized services, such as ship scaling.

What’s included in the Ship Building in New Mexico?

The Ship Building in New Mexico includes building barges, building cargo ships, building passenger ships, building submarines, building drilling and production platforms, repairing ships, converting or altering ships, producing prefabrication ship and barge sections and building military ships. Related terms covered in the Ship Building in New Mexico industry report includes a narrow basin that a vessel floats in, and is then drained to enable the vessel to come to rest on a dry supported platform, a flat-bottomed boat that is built mainly for river and canal transport of heavy goods, a fixed facility with dry docks and fabrication equipment capable of building a ship, obligations mean binding agreements that will result in outlays and naval outlays are planned future payments, often in the form of contracts and financial plans.

Industry Performance of the Ship Building industry in New Mexico

Benchmark the Ship Building in New Mexico industry performance with all NM county and national performance.

Ship Building in New Mexico

#41 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ship Building in the US


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 New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, federal funding for defense, producer price index: steel and world price of aluminum are impacting Ship Building in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Federal funding for defense
Producer Price Index: Steel
World price of aluminum

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

County Data of the Ship Building industry in New Mexico

Access proprietary data on county in the Ship Building in New Mexico, such as San Juan County and Bernalillo County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Ship Building industry in New Mexico

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

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Ship Building industry in New Mexico in 2025?

The market size of the Ship Building industry in New Mexico is $9.8m in 2025.

How many businesses are there in the Ship Building industry in New Mexico in 2025?

There are 2 businesses in the Ship Building industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Ship Building industry in New Mexico grown or declined over the past 5 years?

The market size of the Ship Building industry in New Mexico has been declining at an average annual rate of -3.3% from 2020 to 2025.

How many employees in the Ship Building industry in New Mexico in 2025?

There are 41 employees in the Ship Building industry in New Mexico, which has been declining at an average annual rate of -0.5% from 2020 to 2025.