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)
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.
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.
Insights are provided for each region and major countries within the regions
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 |
Available Customization |
In addition to the market data for Digital Shipyard Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Digital Shipyard Market is segmented into Type, Process, End Use, Digitalization Level and region.