Digital Shipyard Market size to reach $6.8Bn by 2032, Global Market Insights Inc.
Major digital shipyard market participants include Hexagon AB, BAE Systems, Altair Engineering Inc., Siemens, SAP, Aras, Wartsila, Dassault Systèmes, iBase-t, SSI, Aveva Group plc.
Selbyville, Delaware, March 06, 2024 (GLOBE NEWSWIRE) —
The digital shipyard market valuation is estimated to cross USD 6.8 billion in revenue by 2032, as reported in a
Some of the leading digital shipyard market companies are Hexagon AB, BAE Systems, Altair Engineering Inc., Siemens, SAP, Aras, Wartsila, Dassault Systèmes, iBase-t, SSI, Aveva Group plc. These market players are relentlessly investing in R&D activities as well as forging partnerships to innovate new technologies, expand their product portfolios, and enhance the existing solutions. For instance, in June 2022, South Korea’s Hyundai Shipbuilding group, in collaboration with Siemens, aimed to create a tailored CAD software for ship design, utilizing NX CAD to expedite digital transformation in shipyards.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Digital shipyard market 360º synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2023 – 2032
2.3 Regional trends
2.4 Technology trends
2.5 Type trends
2.6 Process trends
2.7 Capacity trends
2.8 Digitalization level trends
2.9 End-use trends
Chapter 3 Digital Shipyard Market Insights
3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
3.7.1 Partnership/Collaboration
3.7.2 Merger/Acquisition
3.7.3 Investment
3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
3.9.1 Growth drivers
3.9.1.1 Need to improve overall operational efficiency through the integration of digital technologies such as virtual twins
3.9.1.2 Digital shipyards offer opportunities to optimize costs using predictive maintenance
3.9.1.3 Implementation of digital solutions contributes to enhanced safety measures in shipyards
3.9.1.4 Adoption of digital technologies supports environmentally friendly practices in shipbuilding and operation
3.9.2 Industry pitfalls & challenges
3.9.2.1 Integration challenges
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 PESTEL analysis
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