PUBLISHER: Allied Market Research | PRODUCT CODE: 1140097
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140097
This report incorporates the study of the global digital shipyard market that focuses on the digitalization & adoption of different automation process for shipyards. The digital shipyard is highly employed in the marine sector to address operational efficiency & effectivity and ensure the industry is safer, faster, and smarter. It provides software and technology such as enterprise resource planning (ERP), manufacturing execution system (MES), computer aided-designing (CAD), and product lifecycle management (PLM). This has led to rise in investments in modernization of facilities to increase productivity and reduce budgets, man power, as well as timelines. Currently, the market statistics are improving as a result of gradually developing technology supported by the shipping sector, followed by integration and advancement. Technology companies' efforts to build and combine multiple processes for the shipping sector. For instance, in February 2020, PROSTEP AG launched digital twin technology to optimize shipbuilding in its ProProS research project in partnership with the Machine Tool Laboratory (WZL) at RWTH Aachen University. This technology offers the planning data from the target process (product structure, work orders, assembly sequence, scheduling, etc.) in a consistent data model and compares it in real time with the actual data from production and assembly.
The factors such as increase in demand for cargo ships due to increased maritime trade, rise in environmental concerns worldwide to lower the carbon footprint generated in the shipping industry, and rise in adoption of digital twin technology supplement the growth of the digital shipyard market. However, high cost of digitalization and training cost products and complexity associated with the systems are the factors expected to hamper the growth of the digital shipyard market. In addition, rising implementation of robot technology in shipbuilding industry and increasing use of industrial internet of things (IIoT) are expected to create ample opportunities for the key players operating in the digital shipyard market.
For the purpose of analysis, the global digital shipyard market is segmented on the basis of type, technology, capacity, and digitalization level. By type, the market is divided into military shipyards and commercial shipyards. By technology, it is fragmented into artificial intelligence & big data analytics, robotic process automation, augmented reality (AR) & virtual reality (VR), and other (digital twin, blockchain, industrial Internet of Things (IIOT)). By capacity, it is categorized into small shipyards, medium shipyards, and large shipyards. By digitalization level, it is fragmented into semi-digital shipyard and fully-digital shipyard. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the digital shipyard market are Accenture, Altair Engineering Inc., Aras., AVEVA Group Plc, BAE Systems Plc, Damen Shipyards Group, Dassault Systems, Hexagon AB, iBASEt, Inmarsat Global Limited, Kranendonk Production Systems BV, Kreyon Systems Pvt. Ltd., Pemamek OY, PROSTEP AG, SAP SE, Siemens, and Wartsila.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Technology
By Capacity
By Digitalization Level
By Region