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Ship Building in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV33661a

Ship Building in West Virginia industry analysis

The Ship Building industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have decreased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Ship Building in West Virginia Market Research Report

What’s Included in the Ship Building in West Virginia Market Research Report

Definition of the Ship Building in West Virginia?

Shipbuilders operate shipyards, which are fixed facilities with dry docks and fabrication equipment capable of building a ship. A ship is defined as watercraft typically suitable or intended for use other than for personal or recreational purposes. Shipyard activities include ship construction, repair, conversion and alteration; the production of prefabricated ship and barge sections; and specialized services, such as ship scaling.

What’s included in the Ship Building in West Virginia?

The Ship Building in West Virginia includes building barges, building cargo ships, building passenger ships, building submarines, building drilling and production platforms, repairing ships, converting or altering ships, producing prefabrication ship and barge sections and building military ships. Related terms covered in the Ship Building in West Virginia industry report includes a narrow basin that a vessel floats in, and is then drained to enable the vessel to come to rest on a dry supported platform, a flat-bottomed boat that is built mainly for river and canal transport of heavy goods, a fixed facility with dry docks and fabrication equipment capable of building a ship, obligations mean binding agreements that will result in outlays and naval outlays are planned future payments, often in the form of contracts and financial plans.

Industry Performance of the Ship Building industry in West Virginia

Benchmark the Ship Building in West Virginia industry performance with all WV county and national performance.

Ship Building in West Virginia

#40 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ship Building in the US


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 West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, federal funding for defense, price of steel and world price of aluminum are impacting Ship Building in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

Federal funding for defense
Price of steel
World price of aluminum

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

County Data of the Ship Building industry in West Virginia

Key Statistics of the Ship Building industry in West Virginia

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 West Virginia in 2025?

The market size of the Ship Building industry in West Virginia is $11.8m in 2025.

How many businesses are there in the Ship Building industry in West Virginia in 2025?

There are 1 businesses in the Ship Building industry in West Virginia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Ship Building industry in West Virginia grown or declined over the past 5 years?

The market size of the Ship Building industry in West Virginia has been declining at an average annual rate of -5.4% from 2020 to 2025.

How many employees in the Ship Building industry in West Virginia in 2025?

There are 56 employees in the Ship Building industry in West Virginia, which has been growing at an average annual rate of 0.7% from 2020 to 2025.