Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#6 In EuropeBusiness
#11 In EuropeEmployees
#6 In EuropeWages
#4 In EuropeThe Shipbuilding in Norway ranks 6 in Europe with regards to its 2024 revenue (€5.5bn). Revenue received by operators in Norway has been moderate in volatility over the past five-year period, with the average annual change in revenue (12.3 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Shipbuilding industry in Norway in 2024?
The market size of the Shipbuilding industry in Norway is €5.5bn in 2024.
How many businesses are there in the Shipbuilding in Norway industry in 2024?
There are 171 businesses in the Shipbuilding industry in Norway, which has declined at a CAGR of 5.8 % between 2019 and 2024.
Has the Shipbuilding industry in Norway grown or declined over the past 5 years?
The market size of the Shipbuilding industry in Norway has been declining at a CAGR of 12.3 % between 2019 and 2024.
What is the forecast growth of the Shipbuilding industry in Norway over the next 5 years?
Over the next five years, the Shipbuilding industry in Norway is expected to decline.
What are the biggest companies in the Shipbuilding market in Norway?
The biggest company operating in the Shipbuilding market in Norway is Fincantieri SpA
What does the Shipbuilding in Norway include?
Passenger ship manufacturing and Military and other non-cargo carrying ship manufacturing are part of the Shipbuilding industry.
Which companies have the highest market share in the Shipbuilding in Norway?
The company holding the most market share in Norway is Fincantieri SpA.
How competitive is the Shipbuilding industry in Norway?
The level of competition is moderate and steady in the Shipbuilding industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Aircraft, Engine & Parts Manufacturing in Norway
- Recreational Boat & Yacht building in Norway
Complementors
- Iron & Steel Manufacturing in Norway
- Machinery, Equipment & Fabricated Metal Product Repair in Norway
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry build ships and boats and construct floating structures. The industry also includes ship rebuilding and overhauls. Industry participants don’t manufacture parts of vessels, other than major hull assemblies.
What's included in this industry?
Passenger ship manufacturingMilitary and other non-cargo carrying ship manufacturingRefitting and reconstructing vesselsCargo ship manufacturingIndustry Code
3011 - Building of ships and floating structures in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Shipbuilding in Norway
- Employees in the Shipbuilding in Norway
- Business in the Shipbuilding in Norway
- Profit in the Shipbuilding in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Shipyards must abide by health and safety regulations and adhere to global standards. European shipbuilders have to follow the International Convention for the Prevention of Pollution from Ships (MARPOL) and rules outlined by the Convention on the International Maritime Organisation.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Shipbuilding in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
A hike in the world price of steel damages profitability. As China has the lion’s share of steel production, global steel shortages have hurt European shipyards more than Asian shipyards, inflating purchase costs while reducing their international competitiveness.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Shipbuilding in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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