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Ship Building in Nova Scotia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NS33661aCA

Ship Building in Nova Scotia industry analysis

Revenue for the Ship Building industry in Nova Scotia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Ship Building in Nova Scotia Market Research Report

What’s Included in the Ship Building in Nova Scotia Market Research Report

Definition of the Ship Building in Nova Scotia?

Companies in the Ship Building industry in Canada build, repair, convert and modify ships in shipyards, including warships, icebreakers and ferries. Shipyards are fixed facilities with dry docks and fabrication equipment capable of building ships, defined as watercraft suitable or intended for purposes other than personal or recreational use. This does not include boat building activities.

What’s included in the Ship Building in Nova Scotia?

The Ship Building in Nova Scotia includes civil ship building, civil repair and maintenance services, offshore oil and gas structures and components, naval ship building and naval repair and maintenance services. Related terms covered in the Ship Building in Nova Scotia industry report includes a flat-bottomed boat that is built mainly for river and canal transportation of heavy goods, a fixed facility with dry docks and fabrication equipment capable of building a ship and a ship between 55,000 dwt and 80,000 dwt, the largest ship capable of navigating in the panama canal.

Industry Performance of the Ship Building industry in Nova Scotia

Benchmark the Ship Building in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Ship Building in Nova Scotia

#4 in Highest Revenue 13.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ship Building in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Ship Building industry in Nova Scotia

See how key industry drivers, such as population, net migration, private investment in residential construction, government funding for defense, total value of world trade and government consumption and investment are impacting Ship Building in Nova Scotia

Nova Scotia Economic Indicators

Population
Net Migration
Private Investment in Residential Construction

View more economic information in NS State Economic profile

Canada Key External Drivers

Government funding for defense
Total value of world trade
Government consumption and investment

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Ship Building industry in Nova Scotia

Access proprietary data on Census Metropolitan Area in the Ship Building in Nova Scotia, such as Halifax, New Glasgow and Truro. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Ship Building industry in Nova Scotia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Ship Building industry in Nova Scotia in 2025?

The market size of the Ship Building industry in Nova Scotia is $408.9m in 2025.

How many businesses are there in the Ship Building industry in Nova Scotia in 2025?

There are 48 businesses in the Ship Building industry in Nova Scotia, which has been growing at an average annual rate of 7.1% from 2020 to 2025.

Has the Ship Building industry in Nova Scotia grown or declined over the past 5 years?

The market size of the Ship Building industry in Nova Scotia has been declining at an average annual rate of -0.6% from 2020 to 2025.

How many employees in the Ship Building industry in Nova Scotia in 2025?

There are 1,213 employees in the Ship Building industry in Nova Scotia, which has been growing at an average annual rate of 4.8% from 2020 to 2025.