NAICS 33661Industry · 5-digitinternational market

Ship and boat building

This industry comprises establishments primarily engaged in operating a shipyard or manufacturing boats. Shipyards are fixed facilities with dry docks and fabrication equipment capable of building a ship, defined as water-craft suitable or intended for other than personal or recreational use. Boats are defined as water-craft suitable or intended for personal or recreational use. The activities of shipyards include the construction of ships, their repair, conversion and alteration, the production of prefabricated ship sections and barge sections, and specialized services, such as ship scaling, when performed at the shipyard. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
304
with employees · summed from 6-digit industries
Under 10 employeesA
61%
most common size: 1–4
Establishments · USA
1,392
Employment · USA
146,282
105 per establishment
Payroll · USA
$10.2B
$70k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–411036%
5–97625%
10–194715%
20–493913%
50–99134%
100–199103%
200–49921%
500+72%

Of 304 Canadian establishments with employees, 61% have fewer than ten — mostly small operators.

Where they areA

British Columbia10434%
Nova Scotia5719%
Ontario5418%
Quebec4314%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Manufacturing, US · opened 2020
86.2%
1 year
70.8%
3 years
58.4%
5 years
45.3%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 336, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

international competitionhigh capitalUNVERIFIEDinherited from 336 Transportation equipment manufacturing

A tiered supply chain in which price is dictated downward. The reachable ends are specialty vehicles, trailers, truck bodies and aftermarket.

Who sets the price
A few OEMs, through tiered supply contracts.
The software it runs on
Automotive and aerospace quality systems, supplier portals, product lifecycle management.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Screened one level up. Nothing is filed at this exact code; the screen for 3366 Ship and boat building covers it.

Operating businessScreenedfiled at 3366
Recreational Boat BuilderOne thing must be true
binding constraint: growth quality

Shipyards are not an entry proposition — the seven Canadian establishments with 500-plus employees live on federal shipbuilding programmes. The enterable half is boat building, and the size bands show it is genuinely a small-shop trade: 186 of 304 establishments have fewer than ten people, concentrated in British Columbia and Nova Scotia. A mould, a shed and a skilled laminating or welding crew will produce a boat. The cut is what happens between the shed and the buyer. Recreational boats reach customers through independent dealers who finance their stock, so a builder's shipments are set by dealer inventory, not by retail demand — and when dealers destock, wholesale volume falls faster than the market. Malibu Boats, a well-run listed builder, shipped 4,898 units in fiscal 2025, down 9.0%, for $807.6M of net sales and a 1.9% net margin, and described the year as spent 'supporting our dealers' efforts to reduce their inventory' [A]. The more telling anchor is Canadian. BRP — with a global dealer network, its own engines and C$8,442.7M of revenue in the year to 31 January 2026 — bought its way into boats some years ago and has now left: it booked a C$277.6M net loss from discontinued marine operations in fiscal 2025, a further C$51.1M in fiscal 2026, and closed the sales of Alumacraft's and Manitou's assets during 2025 [A]. If the strongest powersports distributor in the country could not make aluminium fishing boats and pontoons pay through one downturn, a new builder selling a discretionary, financed, seasonal product through the same dealers will not. Not examined: the commercial end — fibreglass lobster boats in Nova Scotia, aluminium workboats in BC — where the buyer is a licence-holder with an income from the vessel. That is a different demand curve and deserves its own look; the marine dealer software on this branch is screened separately.

NAICS 33665 vendors named13 sourced figuresOpen →
04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

No vertical software market has been recorded along this branch. What the subsector typically runs on: Automotive and aerospace quality systems, supplier portals, product lifecycle management.

Catalogued categories — named, not analysed

05

Who works here

The occupations employed in Manufacturing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

06

Inside this industry

2 rows sit directly beneath 33661. Each has a base report of its own.

CodeIndustryEstablishments · CAWhat is known
336611Ship building and repairing136screened at 3366
336612Boat building168screened at 3366