Global Digital Shipyard Market 2025-2035
Description
Digital Shipyard Market Size, Share & Trends Analysis Report by Shipyard Type (Commercial, and Military), by Technology (AR/VR, Digital Twin & Simulation, Addictive Manufacturing, Artificial Intelligence & Big Data Analytics, Robotic Process Automation, Industrial Internet of Things (IIoT), Cybersecurity, Blockchain, and Cloud & Master Data Management), by Capacity (Large Shipyard, Medium Shipyard, and Small Shipyard), by End Use (Implementation, and Upgrades & Services) and by Process (Research & Development, Design & Engineering, Manufacturing & Planning, Maintenance & Support, Training & Simulation) Forecast Period (2025-2035)
Industry Overview
Digital shipyard market size will reach $12.3 billion in 2035 from $1.7 billion in 2024 and is projected to grow at a CAGR of 19.7% during the forecast period (2025-2035). Digital solutions are revolutionizing shipbuilding, naval modernization, international maritime trade, Industry 4.0, sustainability, and logistics. Digital twins and PLM software simplify design, minimize production defects, and speed up timelines. Nations such as the US, China, India, and the UK are investing in smart naval shipyards. Industry 4.0 technologies such as AI, IoT, robotics, and AR enhance productivity and quality control. Digital solutions assist in monitoring emissions and optimizing fuel efficiency.
Market Dynamics
Increased Maritime Trade
The increase in international maritime trade requires shipyards to expand and modernize through digitalization that reduces costs, simplifies construction, and improves operational availability. According to the United Nations Conference on Trade and Development (UNCTAD), the maritime trade volume is anticipated to grow at a yearly rate of 2% in 2024, with containerized trade expected to increase by 3.5%. From 2025 to 2029, total seaborne trade is projected to rise at an annual average rate of 2.4%, while containerized trade is predicted to grow by 2.7%. These projections are based on a forecasted GDP growth of 2.7% and merchandise trade growth of 3%.
Additionally, according to the United Nations Conference on Trade and Development (UNCTAD), the table highlights a uniform trend of expansion in world maritime trade, with seaborne trade overall to increase at an average annual rate of 2.4% during 2025-2029. Containerized commerce will expand at the rate of 2.7%, showing ongoing supply chain improvements. The most rapid growth is to take place in 2024, with containerized commerce expanding by 3.5%.
Integration of Advanced Technologies
The implementation of new technologies such as AI, IIoT, and 5G improves the gathering of real-time data, decision-making, and overall efficiency of operations, leading to market growth. For instance, in September 2024, ST Engineering launched an AI-driven smart Shipyard with the adoption of 5G facilities. The increased Tuas Yard in Singapore is expected to fulfill Navy requirements. The site facilitates investigation into new markets, including offshore renewables, and provides end-to-end services to domestic and foreign customers. In addition, the Gul Yard incorporates 5G-capable digital infrastructure based on domestically developed AI technology to enhance productivity in operations and conform to global efforts to suppress carbon emissions through the use of electric-powered automated guided vehicles, recycling systems, and renewable fuels such as ammonia, biofuel, hydrogen, and solar energy to minimize emissions by 2034.
Market Segmentation
The digital shipyard sector uses AI and Big Data Analytics to revolutionize shipbuilding, maintenance, and operation. Its key functions include predictive maintenance, supply chain optimization, autonomous operations, digital twin technology, cybersecurity, workforce efficiency, and sustainability. AI-based systems additionally aid in fuel optimization and environmental compliance. The growth is being fueled by the adoption of digital shipyards with the introduction of AI-driven technologies that raise predictive powers and automate operations to fuel market development. For instance, in April 2024, HD Hyundai Group integrated AI technology into shipbuilding to accelerate digital transformation and secure original technologies for future ships and construction machinery. The company has consolidated its AI divisions into an AI center under the KSOE Future Technology Research Institute. The group aims to complete its Future of Shipyard project by 2030 includes the visible shipyard and connected and predictive optimized shipyard phases. The data platform enables AI to learn from shipbuilding data and make decisions on process management, aiming for a 30% productivity increase, 30% lead time improvement, and zero resource waste.
Commercial: A Key Segment in Market Growth
A commercial shipyard is an establishment that designs, constructs, maintains, repairs, and retrofits commercial ships, handling various types of container ships, tankers, bulk carriers, and passenger ships. Commercial shipyards play a critical role in shipbuilding, repair, maintenance, refurbishment, conversion projects, and decommissioning and recycling. It constructs new vessels, ensures compliance with regulations, enhances fuel consumption, retrofits existing vessels to new purposes, and scrums vessels in environmentally friendly ways upon reaching the end of their lives. It consolidates Industry 4.0 technologies such as IoT, AI, and digital twin, in ship building and maintenance towards greater efficiency, predictive maintenance, sustainability, and safety in rugged environments with digital models that may be utilized for simulation and defect identification in the design.
Regional Outlook
The global digital shipyard market is further divided by geography, including North America (the US and Canada), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).
Government Investments & Modernization in Asia-Pacific
India's maritime fund is designed to push market growth by speeding up digital transformation in shipyards with smart infrastructure, predictive maintenance, and real-time monitoring systems. For instance, in February 2025, India introduced a $2.9 billion maritime development fund to support its ship repair and building industry. The government provided 49% of the funds, while the balance came from ports and the private sector. The program looks forward to leveraging private investment, fueling modernization, and pioneering green technology for increasing global competitiveness and cementing India's leadership as a shipping hub.
North America holds a significant share owing to the Digital shipyards are integrating unmanned maritime technologies, focusing on designing, testing, and deploying autonomous naval systems, driving market growth. For instance, in June 2024, Hanwha Systems and Hanwha Ocean bought Philly Shipyard, an American shipbuilder that has produced half of the US Jones Act commercial ships since 2000. The deal is worth $100 million, seeking to increase Hanwha's global defense and shipbuilding businesses. The firm develops technologies for unmanned maritime systems and naval radars. It additionally manufactures low-carbon, high-tech ships.
Market Players Outlook
The major companies operating in the global digital shipyard market include Accenture, BAE Systems plc, Dassault Systèmes S.E., SAP SE, Siemens AG, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
Industry Overview
Digital shipyard market size will reach $12.3 billion in 2035 from $1.7 billion in 2024 and is projected to grow at a CAGR of 19.7% during the forecast period (2025-2035). Digital solutions are revolutionizing shipbuilding, naval modernization, international maritime trade, Industry 4.0, sustainability, and logistics. Digital twins and PLM software simplify design, minimize production defects, and speed up timelines. Nations such as the US, China, India, and the UK are investing in smart naval shipyards. Industry 4.0 technologies such as AI, IoT, robotics, and AR enhance productivity and quality control. Digital solutions assist in monitoring emissions and optimizing fuel efficiency.
Market Dynamics
Increased Maritime Trade
The increase in international maritime trade requires shipyards to expand and modernize through digitalization that reduces costs, simplifies construction, and improves operational availability. According to the United Nations Conference on Trade and Development (UNCTAD), the maritime trade volume is anticipated to grow at a yearly rate of 2% in 2024, with containerized trade expected to increase by 3.5%. From 2025 to 2029, total seaborne trade is projected to rise at an annual average rate of 2.4%, while containerized trade is predicted to grow by 2.7%. These projections are based on a forecasted GDP growth of 2.7% and merchandise trade growth of 3%.
Additionally, according to the United Nations Conference on Trade and Development (UNCTAD), the table highlights a uniform trend of expansion in world maritime trade, with seaborne trade overall to increase at an average annual rate of 2.4% during 2025-2029. Containerized commerce will expand at the rate of 2.7%, showing ongoing supply chain improvements. The most rapid growth is to take place in 2024, with containerized commerce expanding by 3.5%.
Integration of Advanced Technologies
The implementation of new technologies such as AI, IIoT, and 5G improves the gathering of real-time data, decision-making, and overall efficiency of operations, leading to market growth. For instance, in September 2024, ST Engineering launched an AI-driven smart Shipyard with the adoption of 5G facilities. The increased Tuas Yard in Singapore is expected to fulfill Navy requirements. The site facilitates investigation into new markets, including offshore renewables, and provides end-to-end services to domestic and foreign customers. In addition, the Gul Yard incorporates 5G-capable digital infrastructure based on domestically developed AI technology to enhance productivity in operations and conform to global efforts to suppress carbon emissions through the use of electric-powered automated guided vehicles, recycling systems, and renewable fuels such as ammonia, biofuel, hydrogen, and solar energy to minimize emissions by 2034.
Market Segmentation
- Based on the shipyard type, the market is segmented into commercial and military.
- Based on the technology, the market is segmented into AR/VR, digital twin & simulation, addictive manufacturing, artificial intelligence & big data analytics, robotic process automation, industrial internet of things (IIoT), cybersecurity, blockchain, and cloud & master data management.
- Based on the capacity, the market is segmented into large shipyards, medium shipyards, and small shipyards.
- Based on the end use, the market is segmented into implementation, and upgrades & services.
- Based on the process, the market is segmented into research & development, design & engineering, manufacturing & planning, maintenance & support, and training & simulation.
The digital shipyard sector uses AI and Big Data Analytics to revolutionize shipbuilding, maintenance, and operation. Its key functions include predictive maintenance, supply chain optimization, autonomous operations, digital twin technology, cybersecurity, workforce efficiency, and sustainability. AI-based systems additionally aid in fuel optimization and environmental compliance. The growth is being fueled by the adoption of digital shipyards with the introduction of AI-driven technologies that raise predictive powers and automate operations to fuel market development. For instance, in April 2024, HD Hyundai Group integrated AI technology into shipbuilding to accelerate digital transformation and secure original technologies for future ships and construction machinery. The company has consolidated its AI divisions into an AI center under the KSOE Future Technology Research Institute. The group aims to complete its Future of Shipyard project by 2030 includes the visible shipyard and connected and predictive optimized shipyard phases. The data platform enables AI to learn from shipbuilding data and make decisions on process management, aiming for a 30% productivity increase, 30% lead time improvement, and zero resource waste.
Commercial: A Key Segment in Market Growth
A commercial shipyard is an establishment that designs, constructs, maintains, repairs, and retrofits commercial ships, handling various types of container ships, tankers, bulk carriers, and passenger ships. Commercial shipyards play a critical role in shipbuilding, repair, maintenance, refurbishment, conversion projects, and decommissioning and recycling. It constructs new vessels, ensures compliance with regulations, enhances fuel consumption, retrofits existing vessels to new purposes, and scrums vessels in environmentally friendly ways upon reaching the end of their lives. It consolidates Industry 4.0 technologies such as IoT, AI, and digital twin, in ship building and maintenance towards greater efficiency, predictive maintenance, sustainability, and safety in rugged environments with digital models that may be utilized for simulation and defect identification in the design.
Regional Outlook
The global digital shipyard market is further divided by geography, including North America (the US and Canada), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).
Government Investments & Modernization in Asia-Pacific
India's maritime fund is designed to push market growth by speeding up digital transformation in shipyards with smart infrastructure, predictive maintenance, and real-time monitoring systems. For instance, in February 2025, India introduced a $2.9 billion maritime development fund to support its ship repair and building industry. The government provided 49% of the funds, while the balance came from ports and the private sector. The program looks forward to leveraging private investment, fueling modernization, and pioneering green technology for increasing global competitiveness and cementing India's leadership as a shipping hub.
- In February 2025, India launched a strategic push for shipbuilding worth $3 billion with the creation of a Maritime Development Fund (MDF) with a corpus size of 2.87 million. The finance will come through 49% from the government, with the balance expected to come from the ports and the private sector. The Shipbuilding Financial Assistance Policy will be modified to address the disadvantages of cost with the large-sized ships being rated as infrastructure assets. The government has put forward regulatory simplification and tax incentives such as a ten-year fixed-rate subsidy to shipbuilding, basic customs duty exemption for shipbreaking extended, and rationalization of the customs tariff structure.
North America holds a significant share owing to the Digital shipyards are integrating unmanned maritime technologies, focusing on designing, testing, and deploying autonomous naval systems, driving market growth. For instance, in June 2024, Hanwha Systems and Hanwha Ocean bought Philly Shipyard, an American shipbuilder that has produced half of the US Jones Act commercial ships since 2000. The deal is worth $100 million, seeking to increase Hanwha's global defense and shipbuilding businesses. The firm develops technologies for unmanned maritime systems and naval radars. It additionally manufactures low-carbon, high-tech ships.
Market Players Outlook
The major companies operating in the global digital shipyard market include Accenture, BAE Systems plc, Dassault Systèmes S.E., SAP SE, Siemens AG, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In January 2024, South Korea's HD Hyundai Heavy Industries collaborated with Finnish shipping software firms NAPA and CADMATIC to create a next-generation ship design and information management solution. The partnership aims to improve shipbuilding efficiency, reduce costs, and enhance quality in complex projects. The platform enhances collaboration and improves information accessibility among shipyard departments. The project additionally helps HD Hyundai respond to the growing demand for energy-efficient designs and enable the delivery of next-generation vessels.
- In November 2022, Dassault and SHI collaborated to build a smart digital shipyard utilizing virtual twin technologies to support the digital transformation of the shipyard and its business initiatives. The smart yard aims to integrate automation, standardization, and AI as ways to improve scheduling and execution and speed up production and assembly. It helps to meet the demand for LNG carriers and enhance capacity while reducing delivery times. Advanced vessels can be designed for automation, safety, and control within the smart digital shipyard.
- Market value data analysis for 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital shipyard market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
Table of Contents
270 Pages
- 1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Global Digital Shipyard Market Sales Analysis – Shipyard Type | Technology | Capacity | End Use| Process ($ Million)
- Digital Shipyard Market Sales Performance of Top Countries
- 1.1. Research Methodology
- Primary Research Approach
- Secondary Research Approach
- 1.2. Market Snapshot
- 2. Market Overview and Insights
- 2.1. Scope of the Study
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Digital Shipyard Industry Trends
- 2.2.2. Market Recommendations
- 2.3. Porter's Five Forces Analysis for the Digital Shipyard Market
- 2.3.1. Competitive Rivalry
- 2.3.2. Threat of New Entrants
- 2.3.3. Bargaining Power of Suppliers
- 2.3.4. Bargaining Power of Buyers
- 2.3.5. Threat of Substitutes
- 3. Market Determinants
- 3.1. Market Drivers
- 3.1.1. Drivers For Global Digital Shipyard Market: Impact Analysis
- 3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Digital Shipyard Market: Impact Analysis
- 3.3. Market Opportunities
- 4. Competitive Landscape
- 4.1. Competitive Dashboard – Digital Shipyard Market Revenue and Share by Manufacturers
- Digital Shipyard Product Comparison Analysis
- Top Market Player Ranking Matrix
- 4.2. Key Company Analysis
- 4.2.1. Accenture
- 4.2.1.1. Overview
- 4.2.1.2. Product Portfolio
- 4.2.1.3. Financial Analysis (Subject to Data Availability)
- 4.2.1.4. SWOT Analysis
- 4.2.1.5. Business Strategy
- 4.2.2. BAE Systems plc
- 4.2.2.1. Overview
- 4.2.2.2. Product Portfolio
- 4.2.2.3. Financial Analysis (Subject to Data Availability)
- 4.2.2.4. SWOT Analysis
- 4.2.2.5. Business Strategy
- 4.2.3. Dassault Systèmes S.E.
- 4.2.3.1. Overview
- 4.2.3.2. Product Portfolio
- 4.2.3.3. Financial Analysis (Subject to Data Availability)
- 4.2.3.4. SWOT Analysis
- 4.2.3.5. Business Strategy
- 4.2.4. SAP SE
- 4.2.4.1. Overview
- 4.2.4.2. Product Portfolio
- 4.2.4.3. Financial Analysis (Subject to Data Availability)
- 4.2.4.4. SWOT Analysis
- 4.2.4.5. Business Strategy
- 4.2.5. Siemens AG
- 4.2.5.1. Overview
- 4.2.5.2. Product Portfolio
- 4.2.5.3. Financial Analysis (Subject to Data Availability)
- 4.2.5.4. SWOT Analysis
- 4.2.5.5. Business Strategy
- 4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration
- 5. Global Digital Shipyard Market Sales Analysis by Shipyard Type ($ Million)
- 5.1. Commercial
- 5.2. Military
- 6. Global Digital Shipyard Market Sales Analysis by Technology ($ Million)
- 6.1. AR/VR
- 6.2. Digital Twin & Simulation
- 6.3. Addictive Manufacturing
- 6.4. Artificial Intelligence & Big Data Analytics
- 6.5. Robotic Process Automation
- 6.6. Industrial Internet of Things (IIoT)
- 6.7. Cybersecurity
- 6.8. Blockchain
- 6.9. Cloud & Master Data Management
- 7. Global Digital Shipyard Market Sales Analysis by Capacity ($ Million)
- 7.1. Large Shipyard
- 7.2. Medium Shipyard
- 7.3. Small Shipyard
- 8. Global Digital Shipyard Market Sales Analysis by End Use ($ Million)
- 8.1. Implementation
- 8.2. Upgrades & Services
- 9. Global Digital Shipyard Market Sales Analysis by Process ($ Million)
- 9.1. Research & Development
- 9.2. Design & Engineering
- 9.3. Manufacturing & Planning
- 9.4. Maintenance & Support
- 9.5. Training & Simulation
- 10. Regional Analysis
- 10.1. North American Digital Shipyard Market Sales Analysis – Shipyard Type| Technology| Capacity| End Use | Process |Country ($ Million)
- Macroeconomic Factors for North America
- 10.1.1. United States
- 10.1.2. Canada
- 10.2. European Digital Shipyard Market Sales Analysis – Shipyard Type| Technology| Capacity| End Use | Process |Country ($ Million)
- Macroeconomic Factors for Europe
- 10.2.1. UK
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. France
- 10.2.6. Russia
- 10.2.7. Rest of Europe
- 10.3. Asia-Pacific Digital Shipyard Market Sales Analysis – Shipyard Type| Technology| Capacity| End Use | Process |Country ($ Million)
- Macroeconomic Factors for Asia-Pacific
- 10.3.1. China
- 10.3.2. Japan
- 10.3.3. South Korea
- 10.3.4. India
- 10.3.5. Australia & New Zealand
- 10.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Others)
- 10.3.7. Rest of Asia-Pacific
- 10.4. Rest of the World Digital Shipyard Market Sales Analysis – Shipyard Type| Technology| Capacity| End Use | Process |Country ($ Million)
- Macroeconomic Factors for the Rest of the World
- 10.4.1. Latin America
- 10.4.2. Middle East and Africa
- 11. Company Profiles
- 11.1. Accenture
- 11.1.1. Quick Facts
- 11.1.2. Company Overview
- 11.1.3. Product Portfolio
- 11.1.4. Business Strategies
- 11.2. Altair Engineering Inc.
- 11.2.1. Quick Facts
- 11.2.2. Company Overview
- 11.2.3. Product Portfolio
- 11.2.4. Business Strategies
- 11.3. AVEVA Group plc
- 11.3.1. Quick Facts
- 11.3.2. Company Overview
- 11.3.3. Product Portfolio
- 11.3.4. Business Strategies
- 11.4. BAE Systems plc
- 11.4.1. Quick Facts
- 11.4.2. Company Overview
- 11.4.3. Product Portfolio
- 11.4.4. Business Strategies
- 11.5. Damen Shipyards Group
- 11.5.1. Quick Facts
- 11.5.2. Company Overview
- 11.5.3. Product Portfolio
- 11.5.4. Business Strategies
- 11.6. Dassault Systèmes S.E.
- 11.6.1. Quick Facts
- 11.6.2. Company Overview
- 11.6.3. Product Portfolio
- 11.6.4. Business Strategies
- 11.7. Hexagon AB
- 11.7.1. Quick Facts
- 11.7.2. Company Overview
- 11.7.3. Product Portfolio
- 11.7.4. Business Strategies
- 11.8. IBASET INC.
- 11.8.1. Quick Facts
- 11.8.2. Company Overview
- 11.8.3. Product Portfolio
- 11.8.4. Business Strategies
- 11.9. IBM Corp.
- 11.9.1. Quick Facts
- 11.9.2. Company Overview
- 11.9.3. Product Portfolio
- 11.9.4. Business Strategies
- 11.10. InnovMarine Inc.
- 11.10.1. Quick Facts
- 11.10.2. Company Overview
- 11.10.3. Product Portfolio
- 11.10.4. Business Strategies
- 11.11. KRANENDONK Production Systems BV
- 11.11.1. Quick Facts
- 11.11.2. Company Overview
- 11.11.3. Product Portfolio
- 11.11.4. Business Strategies
- 11.12. Pemamek Ltd.
- 11.12.1. Quick Facts
- 11.12.2. Company Overview
- 11.12.3. Product Portfolio
- 11.12.4. Business Strategies
- 11.13. Rowse Ltd.
- 11.13.1. Quick Facts
- 11.13.2. Company Overview
- 11.13.3. Product Portfolio
- 11.13.4. Business Strategies
- 11.14. Festo Inc.
- 11.14.1. Quick Facts
- 11.14.2. Company Overview
- 11.14.3. Product Portfolio
- 11.14.4. Business Strategies
- 11.15. TE Connectivity Corp.
- 11.15.1. Quick Facts
- 11.15.2. Company Overview
- 11.15.3. Product Portfolio
- 11.15.4. Business Strategies
- 11.16. SAP SE
- 11.16.1. Quick Facts
- 11.16.2. Company Overview
- 11.16.3. Product Portfolio
- 11.16.4. Business Strategies
- 11.17. Siemens AG
- 11.17.1. Quick Facts
- 11.17.2. Company Overview
- 11.17.3. Product Portfolio
- 11.17.4. Business Strategies
- 11.18. Singapore Technologies Engineering Ltd.
- 11.18.1. Quick Facts
- 11.18.2. Company Overview
- 11.18.3. Product Portfolio
- 11.18.4. Business Strategies
- 11.19. thyssenkrupp AG
- 11.19.1. Quick Facts
- 11.19.2. Company Overview
- 11.19.3. Product Portfolio
- 11.19.4. Business Strategies
- 11.20. VoyageX AI
- 11.20.1. Quick Facts
- 11.20.2. Company Overview
- 11.20.3. Product Portfolio
- 11.20.4. Business Strategies
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