Canada Shipbuilding Market Summary, Competitive Analysis and Forecast to 2030
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Shipbuilding in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Shipbuilding is the process of designing, constructing, and assembling ships for transportation and trade. It involves a series of stages, including planning, engineering, fabrication, and outfitting, to create a functional and seaworthy vessel. Market volume represents gross tonnage, which is determined by the molded volume of all enclosed spaces within the ship. Molded volume refers to the internal volume of the ship's hull, calculated based on the shape and dimensions of its structure, including all enclosed areas such as cargo holds, machinery spaces, and crew accommodations.
– Market production volumes reached a total of 0.16 thousand gross tonnage in 2025, registering an annual growth of 4.2%.
– Oil tankers had the highest volume in the Canadian shipbuilding market in 2025, with a total of 0.034 thousand gross tonnage, equivalent to 20.9% of the market's overall volume.
– Canada captured a share of 0.5% in the North American shipbuilding market in 2025.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the shipbuilding market in Canada
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the shipbuilding market in Canada
Leading company profiles reveal details of key shipbuilding market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Canada shipbuilding market with five year forecasts
Reasons to Buy
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How has the market performed over the last five years?
Who are the top competitiors in Canada's shipbuilding market?
Irving Shipbuilding
Seaspan ULC
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