As of 2023, the number of employees in the US ship and boat building sector stood at a certain level, and it is projected to remain stable at 141,000 units from 2024 through 2026. A modest increase is anticipated in 2027 and 2028, reaching 142,000 units. Over these five years, the compound annual growth rate (CAGR) reflects a stable industry, with negligible growth. Year-on-year fluctuations are minimal, showing stability in employment numbers.
Future trends to watch include advances in automation and green technologies, which could impact employment needs. Economic factors or shifts in demand for maritime vessels may also influence future workforce requirements in the industry.
