From GlobeNewswire: 2024-11-11 08:00:00

The Digital Shipyard Market is expected to reach USD 5.5 billion by 2030, with a CAGR of 19.1%. Shipbuilders are investing in digital solutions to reduce costs and streamline processes, driving market growth. Key vendors include Siemens, Dassault Systemes, Accenture, SAP, and BAE Systems.

Medium shipyards lead the market, facing challenges like limited resources and technology access. Smart solutions and SmartYard prototypes improve design, production, and delivery processes, ensuring data consistency and quality.

The manufacturing and planning segment dominates the market, offering tools for process design, production management, and workflow planning. Asia Pacific leads in growth, with China, Japan, and Korea leading global ship production.

Augmented reality enhances shipbuilding efficiency, while stringent regulations pose challenges for stakeholders. Key players in the ecosystem include manufacturers, distributors, investors, and licensing authorities. The market is categorized by technology, capacity, process, and region for easy understanding.



Read more at GlobeNewswire: How the Market Will Evolve