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 & effectiveness 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, manpower, 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. Moreover, technology companies are making efforts and validating modernization of facilities to build and combine multiple processes for the shipping sector. For instance, in November 2022, Dassault Syst?mes collaborated with Samsung Heavy Industries to develop a “smart yard” based on new digital transformation technology to establish a fully digital shipyard and a competitive edge. This technology offers planning of data from the target process (product structure, work orders, assembly sequence, scheduling, and more) in a consistent data model and compares it in real time with the actual data from production and assembly. Increase in demand for cargo ships due to increased maritime trade, rise in environmental concerns globally 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 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 digital shipyard market is segmented on the basis of type, technology, capacity, digitalization level, and region.
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 others (digital twin, blockchain, and 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, SSI, and Wartsila.

KEY BENEFITS FOR STAKEHOLDERS
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the digital shipyard market analysis from 2022 to 2032 to identify the prevailing digital shipyard market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the digital shipyard market segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global digital shipyard market trends, key players, market segments, application areas, and market growth strategies.

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KEY MARKET SEGMENTS

By Type
- Military Shipyards
- Commercial Shipyards

By Technology
- Artificial Intelligence and Big Data Analytics
- Robotic Process Automation
- AR and VR
- Others
By Capacity
- Small Shipyards
- Medium Shipyards
- Large Shipyards
By Digitalization Level
- Semi-digital Shipyard
- Fully-digital Shipyard

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Greece
- Norway
- Denmark
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Key Market Players
- Accenture
- iBase-t
- Pemamek
- PROSTEP AG
- Dassault Systemes
- Altair Engineering Inc.
- Aveva Group plc
- Hexagon AB
- Inmarsat Global Limited
- Siemens
- SSI
- Damen Shipyards Group
- KRANENDONK Production Systems BV
- Aras
- Kreyon Systems Pvt Ltd.
- BAE Systems
- SAP
- Wartsila