Shipbuilding Industry - Statistics & Facts

Published by I. Wagner, Jul 20, 2018
Humans started building ships many thousands of years ago, as the construction of ships or floating vessels enabled them to expand their populations beyond their own continental dwellings. As societies developed and progressed, shipbuilding further allowed for civilizations to take part in commercial trade with lands far from their own. Furthermore, it equipped those civilizations with large naval fleets to participate in sea-faring conquests to explore and conquer new lands. Traditional ships depended on human power and wind to propel vessels across waters. With the onset of the Industrial Revolution, ships were then able to use new materials, designs, and propulsions systems, including the steam engine, to improve the quality of commercial and military vessels.

The need to import and export goods, as sparked by globalization, made shipbuilding an important strategic industry by creating the necessity for supporting industries, which employ a high number of skilled workers. Although Europe remains a crucial market for the production of cruise vessels, the East Asian region dominates shipbuilding with China, Japan, and South Korea being the largest shipbuilding nations, globally. The leading shipbuilding companies worldwide include Hyundai HI, Daewoo Shipbuilding, China State Shipbuilding Corp. and Samsung HI. The Philly Shipyard and General Dynamics NASSCO are among the few U.S.-based companies in the field of shipbuilding.

Interesting statistics

In the following 4 chapters, you will quickly find the 17 most important statistics relating to "Shipbuilding Industry".

Shipbuilding Industry

Dossier on the topic

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Shipbuilding Industry" and take you straight to the corresponding statistics.

Shipbuilding Companies

Infographics on the topic

Shipbuilding Industry Infographic - India and Bangladesh Are Scrapping Bulk of Old Ships

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