Digital Shipyard Market - Trends Forecast Till 2028

Digital Shipyard Market by Shipyard Type (Commercial, Military, Technology (AR VR, Blockchain, Digital Twin, Additive Manufacturing, IIoT), Capacity (Large, Medium, Small Shipyard), Process, End Use, Digitalization Level, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: June, 2021

Base Year Estimate: 2020

Report ID: D-AD-DSM-200

Format:  

Number of Pages: 453

Domain: Aerospace & Defense

Digital Shipyard Market – Trends Forecast Till 2028

The Digital Shipyard market size is projected to reach a CAGR of 19.7% from 2021 to 2028.

Digital shipyard is a concept where technology and digitalization is used to design, maintain, and build ship and submarine and also to monitor and maintain other assisted infrastructure. The technologies used are Internet of things (IoT) and Cyber Physical System (CPS). The technologies are classified into 3 major categories Production or building phase; the servicing or maintenance phase; and the delivery or control phase.

With a use of newer technologies in the sector along with increased seaborn trade and cloud based systems are some of the factors that have supported long-term expansion for Digital Shipyard Market.

COVID-19 had a negative effect on the market, as the supply chains were disrupted and many manufactures were forced to shut down their factories and units due to the losses faced by them.

Digital Shipyard Market Research Report

Asia Pacific is the most rapidly growing market and offers a huge opportunity for the automotive industry, whose growth is driven by the growing population. The heavy machinery industry is booming rapidly, which, in turn, has driven the market for CMMs in India and China.

Digital Shipyard Market is segmented into Type, Process, End Use, Digitalization Level and region.

On the basis of Shipyard Type

  • Commercial Shipyards
  • Military Shipyards                                    

On the basis of Technology

  • Augmented & Virtual Reality (AR & VR)
  • Digital Twin & Simulation
  • Additive Manufacturing
  • Artificial Intelligence & Big Data Analytics
  • Robotic Process Automation
  • Industrial Internet of Things (IIoT)
  • Cybersecurity
  • Blockchain
  • Cloud Computing & Master Data Management

On the basis of Capacity

  • Small Shipyards
  • Medium Shipyards
  • Large Shipyards

On the basis of Process

  • Research & Development
  • Design & Engineering
  • Manufacturing & Planning
  • Maintenance & Support
  • Training & Simulation

On the basis of Digitalization Level

  • Fully Digital Shipyard
  • Semi Digital Shipyard
  • Partially Digital Shipyard

On the basis of End-User

  • Implementation
  • Upgrades & Services

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Digital Shipyard Market Primary Respondent

 

Key Players

  • Siemens
  • Dassault Systeme
  • AVEVA Group Plc
  • Accenture
  • SAP
  • BAE Systems
  • IFS AB
  • Pemamek Ltd.
  • Aras
  • Kreyon Systems Pvt. Ltd.
  • Kuka AG
  • Ibaset
  • Prostep AG
  • Kranendonk Smart Robotics
  • Damen Shipyards Group

Recent Developments

  • In February 2020, Fr. Lürssen shipyard, the Machine Tool Laboratory (WZL), and PROSTEP AG launched the ProProS research project with an aim of the project is to set up a digital twin for manufacturing and assembly processes.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Digital Shipyard Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 19.7% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Type, Process, End Use, Digitalization Level and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Siemens , Dassault Systemes, AVEVA Group Plc , Accenture, SAP , BAE Systems , Hexagon, Altair Engineering, Inc. , Wartsila, Inmarsat Plc ,  IFS AB (Sweden), Pemamek Ltd., Aras , Kreyon Systems Pvt. Ltd., SS, Kuka AG , Ibaset , Prostep AG , Kranendonk Smart Robotics , and Damen Shipyards Group

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