Code: MTA3947 | Publication Date: Jun 2025 |
Key demand drivers for shipbuilding growth include the increasing enforcement of environmental regulations driving demand LNG and hybrid vessels, increasing use of modular construction, automation, robotics, 3D‑printing, and AI‑driven design to improve productivity.
The market is propelled forward by increasing international maritime trade, fleet renewal in commercial and military fleet segments, the growth of cruise and leisure vessels, the shift toward environmentally friendly vessel standards, LNG and hybrid ship propulsion requirements, and rapid digitization of ship design and construction.
Company Name | China Shipbuilding Group (CSG / CSSC) |
Establishment Year | 2019 (merger) |
Headquarter | Beijing, China |
Official Website | Click Here |
The world’s largest shipbuilder by order value, producing everything from LNG tankers to military vessels through CSSC and CSIC units
Company Name | Hyundai Heavy Industries |
Establishment Year | 1972 |
Headquarter | Ulsan, South Korea |
Official Website | Click Here |
The world’s largest shipbuilder, specializing in container ships, LNG carriers, offshore platforms, and more; renowned for automation and green-ship technologies
Company Name | Cochin Shipyard Limited (CSL) |
Establishment Year | 1972 |
Headquarter | Kochi, Kerala, India |
Official Website | Click Here |
India’s largest shipbuilding and repair yard, constructing tankers, passenger vessels, and offshore rigs; partnering with Hyundai for new mega shipyard development
Company Name | Daewoo Shipbuilding & Marine Engineering (DSME) |
Establishment Year | 1973 |
Headquarter | Geoje, South Korea |
Official Website | Click Here |
One of South Korea's "Big Three" shipbuilders, DSME excels in LNG carriers, drillships, and offshore units, operating the world’s largest dock
Company Name | Samsung Heavy Industries |
Establishment Year | 1974 |
Headquarter | Seoul, South Korea |
Official Website | - |
A global leader in shipbuilding and offshore engineering, building LNG vessels, FPSOs, ultra-large container ships, and advanced offshore platforms
Company Name | Imabari Shipbuilding |
Establishment Year | 1901 |
Headquarter | Imabari, Japan |
Official Website | Click Here |
Japan’s largest shipbuilder, producing merchant ships, bulk carriers, and tankers, with high annual tonnage and strategic design capabilities .
Company Name | Garden Reach Shipbuilders & Engineers (GRSE) |
Establishment Year | 1884 |
Headquarter | Kolkata, India |
Official Website | Click Here |
A leading Indian defense shipyard producing naval vessels, patrol crafts, and commercial ships; first Indian yard to build 100 warships
Company Name | Larsen & Toubro Shipbuilding (L&T) |
Establishment Year | 1938 |
Headquarter | Mumbai, India |
Official Website | Click Here |
Key Indian private shipbuilder focused on commercial vessels, offshore support ships, and defense ships using advanced engineering .
Company Name | Japan Marine United (JMU) |
Establishment Year | 2013 |
Headquarter | Yokohama, Japan |
Official Website | Click Here |
A major Japanese shipbuilder formed via mergers, delivering commercial, naval, and offshore vessels with comprehensive lifecycle services
Company Name | Navantia |
Establishment Year | 2005 |
Headquarter | Stamford, Connecticut, USA |
Official Website | Click Here |
Spain’s state-owned shipyard building warships, submarines, ferries, and offshore hydrogen/renewable platforms; fifth-largest in Europe .
Company Name | Mazagon Dock Shipbuilders Limited (MDL) |
Establishment Year | 1934 |
Headquarter | Mumbai, India |
Official Website | Click Here |
India’s premier defense shipyard building warships, submarines, and offshore platforms; integral to India's naval modernization .
Company Name | Fincantieri |
Establishment Year | 1895 |
Headquarter | Trieste, Italy |
Official Website | Click Here |
Europe’s leading shipbuilder; constructs cruise ships, naval vessels, and offshore platforms; expanding global presence, notably in the US