The local Shipbuilding industry does not compete in the world market for tankers, container ships or bulk ships. Giant corporations in Asia dominate that market with technology and scale advantages that are nearly impossible for Australian companies to bridge. Instead, Australian shipbuilders concentrate on niche products such as high-speed catamarans, which successfully found overseas buyers. The other big customer is the Federal Government, with the Australian Navy awarding lucrative and lengthy contracts to Australian shipbuilders for frigates, submarines and other vessels.
Companies involved in the Australian Shipbuilding industry primarily manufacture or repair vessels of 50 tonnes and over displacement. Other activities include the manufacture of submarines, and other major components for ships and submarines.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.