Digital Shipyard Market

Digital Shipyard Companies - Siemens (Germany), Dassault Systemes (France) are the Key Players

A Digital Shipyard integrates system- and/or cloud-based solutions that coordinate, monitor, and improve processes related to ship manufacturing, maintenance, and support. A digital shipyard replaces outdated technology platforms and their compartmentalized data with unified state-of-the-art planning tools and a single common repository of design data that is always updated and universally available. The digital shipyard concept ensures that every aspect of shipbuilding during design and build and throughout its service life is live and accessible to the crew, those involved in the maintenance and upgrade of the fleet, as well as approved suppliers.

The Digital Shipyard Market is projected to grow from USD 1.3 Billion in 2022 to USD 5.5 Billion by 2030, at a CAGR of 19.1% during the forecast period. The integration of digital technologies such as digital twin, artificial intelligence, machine learning, IoT, and additive manufacturing, among others, in shipyards, has helped increase the coordination and efficiency of shipbuilders. These technologies are used across different processes such as design & engineering, manufacturing & planning, maintenance & support, research & development, and training & simulation. Digital transformation of shipyards helps streamline the shipbuilding process, increases efficiency, and reduces the time and cost of manufacturing. These factors are expected to drive the digital shipyard market.

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Contracts, agreements, investments, new product launches and acquisitions are among some of the key strategies adopted by the leading market players and various stakeholders to strengthen and sustain their position in the Digital Shipyard Market. For instance, In June 2022, Altair acquired Concept Engineering (US), the leading provider of electronic system visualization software that accelerates the development, manufacturing, and service of complex electrical and electronic systems. Concept Engineering provides automatic schematic generation tools, electronic circuits, and wire harness visualization platforms that provide on-the-fly visual rendering and electronic design debug solutions.

Major Digital Shipyard Companies Include:

  • Siemens (Germany)
  • Dassault Systemes (France)
  • Accenture (Ireland)
  • SAP (Germany)
  • BAE Systems (UK)

These key players offer digital shipyard solutions and services to different key stakeholders. These leading players have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific, and Middle East

Siemens (Germany) is among the top players in the digital shipyard market. It has a comprehensive and integrated portfolio of software and services that cover all aspects of the ship lifecycle from concept design through production to operations and optimized service lifecycle management such as product lifecycle management (PLM), marine industry sustainability, hydrodynamics, software solutions, etc. Siemens helps navigate through the digital seascape of the modern marine industry with the help of proven state-of-the-art technology. It aims at expanding its product offerings to enhance its sales volume and strengthen its foothold in the digital shipyard market. In December 2019, European shipbuilding company Navantia selected Siemens Digital Industries Software as its technological partner to digitalize the company’s shipbuilding process.

Dassault Systemes (France) provides various industries with 3D experience using various high-end technologies and processes. Dassault Systemes offers a business platform that provides end-to-end continuity from ideation to ship in service. It is one of the key players in the digital shipyard market because of its extensive product offerings in terms of design, engineering, simulation, manufacturing, and business processes. The company acquired various startups and small players that provide software solutions to strengthen its presence as a system integrator and solutions provider in the marine industry. The company is looking to develop partnerships and opportunities with other organizations worldwide to create the capability, competencies, and jobs to supply the technology and processes required for the digitalization of shipyards. In November 2018, Bureau Veritas and Naval Group partnered with Dassault Systemes to develop a 3D classification concept.

SAP (Germany) is a key player that provides enterprise application software, intelligent technologies, supply chain logistics, asset management, cloud computing, etc., to promote digital integrity in the shipbuilding industry. SAP has a large product portfolio that offers a wide range of technologies, services, and solutions to the shipyard industry to optimize the work environment. In recent years, SAP has focused on expanding its product offerings by acquiring small-scale software companies working on cloud platforms. The company has signed contracts and agreements with large players such as Huntington Ingalls Industries (HII) to strengthen its position in the marine industry. In May 2019, SAP and Accenture announced the co-developing of SAP cloud for utility solutions to help companies more effectively manage business processes and customer experiences.

Accenture (Ireland) is an important player and a leading professional services company. It plays a vital role in enhancing the practice of digitalization around the world, including the marine industry. The company’s approach toward digital reinvention is in the form of Industry X0, which also promotes the Shipyard 4.0 concept. Various categories of software solutions, processes, and newer technologies are the major strengths of the company. In December 2019, Accenture partnered with a major shipyard and shipbuilding company, Hyundai Heavy Industries, to offer its extensive range of advanced technologies and solutions to build digital shipyards.

BAE Systems (UK) designs, manufactures, and supports complex surface ships, submarines, torpedoes, radars, and command & combat systems. It offers ship repair, maintenance, and upgrade services and is also a supplier of naval gun systems. The company provides innovative, cost-effective support services to military and commercial customers. It provides a wide range of specialist manufacturing services as a reliable, responsive, strategic partner and a valuable link within customer supply chains.

Related Reports:

Digital Shipyard Market by Shipyard Type (Commercial, Military), Capacity (Large, Medium, Small), Process, Technology, End Use (Implementation, Upgrades & Services), Digitalization Level and Region - Global Forecast to 2030

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MarketsandMarkets™ INC.
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USA : 1-888-600-6441
[email protected]

Digital Shipyard Market Size,  Share & Growth Report
Report Code
AS 7635
RI Published ON
8/1/2022
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