Asia-Pacific Digital Shipyard Market Research Report Forecast to 2030

Asia-pacific: Digital Shipyard Market Research Report Forecast to 2030

This study on the Asia-Pacific (APAC) digital shipyard market provides detailed information on industry trends, market dynamics, market size, competitive landscape, and growth opportunities. This research report categorizes the global digital shipyard market by process, shipyard type, capacity, digitalization level, technology, end use, and country.

The rise in adoption of the digital twin in the shipbuilding industry and the rise in international seaborne trade are the key factors driving the market growth. However, issues related to cyber threats and lack of skilled workforce are expected to be major restraining factors for the market growth. On the other hand, increasing procurement of advanced vessels by navies across Asian countries are expected to present lucrative opportunities for the market players during the forecast period.

Additionally, increasing investment made by the shipyard companies in the digital shipyard market is also expected to drive the growth of the market. For example, in February 2020, Bremen-based Fr. Lürssen shipyard, the Machine Tool Laboratory (WZL) at RWTH Aachen University, and PROSTEP AG launched the ProProS research project. The project aims to research about the use of digital twin technology for manufacturing and assembly processes at shipyards and to use it for status control and optimization of shipbuilding production.

Market Segmentation
Based on process, the digital shipyard market has been divided into research & development, design & engineering, manufacturing & planning, maintenance & support, and training & simulation. By shipyard type, the digital shipyard market has been segmented into commercial shipyards and military shipyards. Among these, the commercial shipyards segment is likely to contribute the largest market share during the review period.

By capacity, the digital shipyard market has been segmented into Small Shipyards Medium Shipyards and Large Shipyards. Based on the digitalization level, the digital shipyard market has been divided into the fully digital shipyard, semi digital shipyard, and partially digital shipyard.

By technology, the digital shipyard market has been segmented into augmented & virtual reality (AR & VR), digital twin & simulation, additive manufacturing, artificial intelligence & big data analytics, robotic process automation industrial internet of things (IIoT), cybersecurity, blockchain, and cloud computing & master data management. The digital twin & simulation segment is estimated to grow at a significant rate during the forecast period owing to the increasing adoption of this technology from the end users.

The countries included in the study are China, Japan, South Korea, India, Indonesia, Singapore, Malaysia, Australia, New Zealand, and the Rest of Asia-Pacific. In terms of countries, China, South Korea, and Japan are anticipated to dominate the APAC digital shipyard market during the study period. As modernization and advancement in the shipping industry are increasing in these countries, the increasing investment towards upgrading and promoting the development of shipyards assists the growth of the digital shipyard market in these countries.

Major Players
Siemens AG, IBM Corporation, SAP SE, BAE Systems, Accenture, Dassault Systèmes

Companies Mentioned
Siemens AG
IBM Corporation
SAP SE
BAE Systems
Accenture
Dassault Systèmes

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