The international shipbuilding industry, a
The international shipbuilding industry, a cornerstone of maritime trade and logistics, is a highly competitive arena, and in 2025, a few players are expected to cement their position and dominance.
This can be attributed to technological advancements, government support, evolving demand for greener and more efficient ships, excellent port infrastructure and smooth operations.
In 2024, the global shipbuilding market was valued at USD 150.42 billion, with projections to touch USD 155.58 billion in 2025.
The growth is propelled by the rising volume of maritime trade and the consequent increase in demand for modern, eco-friendly, and sustainable ships with efficient onboard systems and effective functionality.
The Asia-Pacific region alone accounts for at least 85% of all shipbuilding activities, with China, South Korea, and Japan being the main contributors.
The Top 5 Dominating Countries in 2025
1. China
China has unquestionably become the world’s biggest shipbuilding nation, a position it is expected to maintain and strengthen in 2025 and the coming years.
The Chinese dominance is due to the availability of a vast and skilled workforce, government subsidies and support, robust industrial policies, investment in research and
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