| Product Code: ETC7553573 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s shipbuilding import market in 2024 continued to see a high concentration with top exporters being South Korea, Japan, China, Sri Lanka, and Indonesia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market dominance by key players. The industry experienced impressive growth with a Compound Annual Growth Rate (CAGR) of 43.49% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 stood at a robust 21.52%, showcasing a strong momentum in the sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Shipbuilding Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Shipbuilding Market Revenues & Volume, 2021 & 2031F |
3.3 India Shipbuilding Market - Industry Life Cycle |
3.4 India Shipbuilding Market - Porter's Five Forces |
3.5 India Shipbuilding Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
3.6 India Shipbuilding Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 India Shipbuilding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies supporting the growth of the shipbuilding industry in India |
4.2.2 Increasing demand for commercial vessels due to growth in international trade |
4.2.3 Technological advancements leading to more efficient and cost-effective shipbuilding processes |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from other shipbuilding nations affecting market share |
4.3.3 Regulatory challenges and compliance requirements adding complexity to operations |
5 India Shipbuilding Market Trends |
6 India Shipbuilding Market, By Types |
6.1 India Shipbuilding Market, By Ship Type |
6.1.1 Overview and Analysis |
6.1.2 India Shipbuilding Market Revenues & Volume, By Ship Type, 2021- 2031F |
6.1.3 India Shipbuilding Market Revenues & Volume, By Cargo, 2021- 2031F |
6.1.4 India Shipbuilding Market Revenues & Volume, By Vessel, 2021- 2031F |
6.1.5 India Shipbuilding Market Revenues & Volume, By Container, 2021- 2031F |
6.1.6 India Shipbuilding Market Revenues & Volume, By Tanker, 2021- 2031F |
6.1.7 India Shipbuilding Market Revenues & Volume, By Multi-purpose Ship, 2021- 2031F |
6.1.8 India Shipbuilding Market Revenues & Volume, By Car and Passenger Ferry, 2021- 2031F |
6.2 India Shipbuilding Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 India Shipbuilding Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 India Shipbuilding Market Revenues & Volume, By Military, 2021- 2031F |
7 India Shipbuilding Market Import-Export Trade Statistics |
7.1 India Shipbuilding Market Export to Major Countries |
7.2 India Shipbuilding Market Imports from Major Countries |
8 India Shipbuilding Market Key Performance Indicators |
8.1 Order backlog indicating future revenue streams and market demand |
8.2 Average delivery time for shipbuilding projects showcasing operational efficiency |
8.3 Growth rate in the number of skilled workforce in the shipbuilding industry |
8.4 Utilization rate of shipyard facilities reflecting production capacity and efficiency |
8.5 Rate of adoption of sustainable practices in shipbuilding processes, aligning with global trends and regulations |
9 India Shipbuilding Market - Opportunity Assessment |
9.1 India Shipbuilding Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
9.2 India Shipbuilding Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 India Shipbuilding Market - Competitive Landscape |
10.1 India Shipbuilding Market Revenue Share, By Companies, 2024 |
10.2 India Shipbuilding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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