Ship Building and Repairing - 2021 U.S. Industry Market Research Report with COVID-19 Updates & Forecasts
The 2021 Ship Building and Repairing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2012-2025. This report includes updated data and forecasts due to the economic impact of COVID-19.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, plant utilization, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This U.S. industry includes companies primarily engaged in operating a shipyard. Shipyards are fixed facilities with drydocks and fabrication equipment capable of building a ship, defined as watercraft typically suitable or intended for other than personal or recreational use. Activities of shipyards include the construction of ships, their repair, conversion and alteration, the production of prefabricated ship and barge sections, and specialized services, such as ship scaling.
This report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2021 Ship Building and Repairing Market Research Report:
In 2019, industry sales were $25.5 billion
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Over the past 3 years, the industry has grown at an annual rate of 0.3%
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There are 538 companies in the industry
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SALES PER COMPANY
In 2019, the average sales per company was $46.0 million
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PPI & PRICING
2021 forecasted PPI is 1.1%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 3.4
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In 2019, employee productivity was $260,147
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3.9% of expenses are spent on health insurance
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In 2019, industry operating expenses grew 1.3%
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In 2019, payroll per employee was $62,134
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PAYROLL BY STATE
California averages $54,655 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
3.3% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $24.67
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The above highlights represent a small fraction of what you will find in this report.
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