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)
Digital Shipyard Market Overview
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.
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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 Regional Analysis
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 Competitive Landscape
- 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
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Digital Shipyard Market 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 in the Digital Shipyard Market
- 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
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Frequently Asked Questions
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