Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Digital Shipyard Market worth $5.5 billion by 2030 at a CAGR of 19.1%


    (Aviation-NewsWire.Com, August 08, 2022 ) The report "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" 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 need for shipbuilders to meet reduced lifecycle costs, pursue better investment strategies, streamline the shipbuilding process, and reduce overhead costs have motivated shipbuilders to invest in digital shipyard solutions. This is one of the main factors driving the growth of the market.

    Download PDF Brochure @


    The Medium shipyard Segment is estimated to lead the digital shipyard market in the forecast period

    Based on Shipyard type, the medium shipyard segment of the digital shipyard market is accounted for the highest growth during the forecast period. Medium sized shipyards often face challenges in terms of financial resources, scarcity of skilled personnel, limited access to technologies, etc., which impact the overall growth of the industry. However, with the help of Smart Solutions and SmartYard prototypes, companies can characterize the design, production, and delivery processes of the digital shipyard. These innovative solutions and technologies ensure complex data consistency, reduce errors, increase reproducibility, and enhance quality.

    The manufacturing & planning segment is expected to have largest market share in 2022

    Based on process, the manufacturing & planning segment accounted for the largest growth of the digital shipyard market during the forecast period. Digital transformation in shipbuilding is a complex and lengthy process that demands careful planning and timely decision-making. Efficient planning proposes appropriate tools to facilitate process design & sequencing, production BOM & BOP management, time management, 3D shipyard layout, and ergonomic analysis. These management tools also help plan workflows, automate non-value-added planning tasks, and validate the optimal shipbuilding plan and digital shipyard.

    Asia Pacific Region is expected to witness largest market share in the forecast period

    Asia Pacific Region is witnessing highest growth among all the regions. The marine industry is one of the most profitable in Asia Pacific. According to the United Nations Conference on Trade and Development (UNCTAD) in 2021, countries such as China, Japan, and the Republic of Korea retained their leadership in global ship production, representing 90% of shipbuilding activity.

    Key players operating in the digital shipyard market include Siemens (Germany), Dassault Systemes (France), Accenture (Ireland), SAP (Germany), BAE Systems (UK) among others solution, service and equipment providers. These players offer comprehensive solution to key stakeholders in the market.

    Ask for Sample Report @


    About MarketsandMarkets™

    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

    MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


    Mr. Aashish Mehra



    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC