Digital Shipyard Market

Siemens (Germany), Dassault Systemes (France) are Leading Players in the Digital Shipyard Market

The size of the digital shipyard market is projected to grow from USD 693 million in 2020 to USD 3,967 million by 2030, at a CAGR of 19.1% from 2020 to 2030. An increase in the adoption of disruptive technologies, as well as modernization & procurement plans of various commercial and defense shipyards, are the major factors expected to drive the market in the years to come.

Key players in the digital shipyard market include Siemens (Germany), Dassault Systemes (France), AVEVA Group Plc (UK), Accenture (Ireland), SAP (Germany), BAE Systems (UK), Hexagon (Sweden), Altair Engineering, Inc. (US), Wartsila (Finland), Inmarsat Plc (UK),  IFS AB (Sweden), Pemamek Ltd. (Finland), Aras (US), Kreyon Systems Pvt. Ltd. (India), SSI (Canada), Kuka AG (Germany), Ibaset (US), Prostep AG (Germany), Kranendonk Smart Robotics (Netherlands), and Damen Shipyards Group (Netherlands). These players have adopted various strategies such as new product launches, contracts & agreements, partnerships & collaborations, and mergers & acquisitions to strengthen their foothold in the digital shipyard market. Of these, contracts & agreements and new product launches were the major growth strategies adopted between 2015 and 2020 to enhance their product portfolios with innovative products, disruptive technologies & solutions as well as expand their customer base.

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Siemens is a major player in the digital shipyard market due to its sophisticated products and software solutions. The company offers a compact suite of solutions, comprised of high-end technologies, to its customers across the globe. Companies such as Daewoo Shipbuilding & Marine Engineering (South Korea), Navantia Shipyard (Spain), and Newport News Shipbuilding (US) are some of the leading shipbuilders that use Siemens PLM software solutions, digital twin technology, etc. for the digitalization of their shipyards. Siemens has its manufacturing, system integration and services facilities across Europe, North America, Asia Pacific, the Middle East, and Latin America. This enables it to provide worldwide customer support and consultation.

Dassault Systemes is another key player in the digital shipyard market.  The company offers its unique and extensive 3D experience platform and technologies to various shipbuilding companies across the globe.  The huge product portfolio of the company helps companies attain the goals of digital shipyards using various processes and high-end technologies. For instance, Damen Shipyards (Netherlands) uses 3D digital mock-ups, PLM solutions, and the 3D experience platform offered by Dassault Systemes for the digital transformation of its shipyards.

AVEVA Group Plc. is a leading system integrator and solutions provider in the shipbuilding industry. The company offers compact software solutions and data management suites for the efficient functioning of the entire value chain of shipbuilding, thus supporting the digital shipyard market extensively. The company leverages advanced technologies for the execution of software solutions in various processes of digital shipyards.

Related Reports:

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 - Global Forecast to 2030

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Report Code
AS 7635
RI Published ON
5/4/2020
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