The global shipbuilding market size valued USD 124.5 billion in 2020 and expected to reach USD 190.7 billion by 2027, at a CAGR of 5.7% during the forecast period 2021-2027. The key factors driving are rapid industrialization and economic liberalization. This is, during the forecast period, one of the main factors responsible for driving market growth. Flourishing economic activities, such as foreign direct investment, have contributed to an increase in the buying power of consumers. The market for consumer goods was amplified by this. In exchange, this is expected to fuel the growth of the overall market. However, the rise in seaborne trade is expected to provide enormous growth opportunities, although fluctuations in the price of raw materials are expected to serve as a constraint on business growth. This report studies global shipbuilding market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global shipbuilding market report includes human demographics, regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions and market unmet needs.