In today's world, the digital transformation is changing the
way of doing business. It is also true for the shipbuilding industry. Digital
shipyard is a concept that is getting popular day by day. It refers to the
integration of digital technologies, such as the Internet of Things (IoT),
cloud computing, big data analytics, artificial intelligence (AI), and machine
learning (ML), in shipbuilding processes. In this essay, we will discuss the
concept of the digital shipyard and its importance.
What is Digital Shipyard?
Digital Shipyard is a comprehensive, integrated, and
connected platform that integrates various technologies to improve the
efficiency and quality of shipbuilding processes. It covers the entire
lifecycle of a ship, from design to delivery and maintenance. Digital shipyard
leverages the power of advanced technologies to create a digital twin of the
physical ship, which helps to optimize the design, production, and maintenance
Importance of Digital
- Increased Efficiency: Digital shipyard improves the efficiency of shipbuilding processes by enabling real-time collaboration among different teams. It reduces the time required for the design and engineering process, leading to faster production and delivery of ships.
- Quality Improvement: Digital shipyard helps to improve the quality of ships by providing accurate and reliable data. It enables the identification and resolution of design and engineering problems in the early stages, which reduces the risk of errors and rework.
- Cost Reduction: Digital shipyard helps to reduce the cost of shipbuilding by optimizing the use of resources. It enables the tracking of materials and equipment, leading to better inventory management and cost control.
- Improved Safety: Digital shipyard improves the safety of ships by enabling the use of predictive maintenance. It uses real-time data to identify potential problems and enables proactive maintenance, reducing the risk of accidents and downtime.
- Competitive Advantage: Digital shipyard provides a competitive advantage to shipbuilding companies by enabling them to offer better products and services. It helps to reduce the time-to-market, improve quality, and reduce costs, which leads to increased customer satisfaction.
In conclusion, the digital shipyard is a game-changer for
the shipbuilding industry. It is a comprehensive, integrated, and connected
platform that leverages the power of advanced technologies to improve the
efficiency, quality, and safety of shipbuilding processes. Digital shipyard
provides a competitive advantage to shipbuilding companies by enabling them to
offer better products and services. With the increasing demand for ships, the
adoption of digital shipyard is essential for shipbuilding companies to stay
ahead in the competition.
Digital Shipyard Market Dynamics
The digital shipyard market is witnessing significant growth
due to the increasing adoption of product lifecycle management (PLM) solutions
in shipbuilding. In the past, traditional shipbuilding relied on outdated
information, resulting in low growth and revenue. However, PLM solutions offer
a complete approach to shipbuilding, improving collaboration, synchronization,
and productivity, along with service and support. By optimizing processes such
as design and engineering and supply chain management, PLM solutions can enhance
the shipbuilding process.
The demand for PLM solutions has been rising as shipyards
worldwide seek to optimize their shipbuilding processes. PLM is a customizable
platform that provides tailored services to meet customer requirements,
creating new opportunities for developers of cloud-based shipbuilding software.
The introduction of a pay-as-you-use model in PLM solutions benefits tier II
and tier III shipyards, leading to reduced expenses. Additionally, PLM
solutions for shipbuilding service and product support process solutions offer
shipyards and fleet operators a single source of service knowledge, increasing
accuracy and coordination across the global service network. This enables fleet
upgrades, improvements, and crucial modifications to overall fleet performance.
The digital shipyard market's growth is driven by several
factors, including the need to adopt digital solutions to streamline the
shipbuilding process, reducing the low growth in the shipbuilding industry and
the turnaround time in the shipbuilding process. As a result, the digital
shipyard market is expected to continue to grow, driven by the increasing
adoption of PLM solutions in shipbuilding.
Restraints in Digital
As digitalization becomes more widespread in the maritime
industry, concerns about cyber threats also increase. Ship operators and
shipyards store large amounts of sensitive information on their IT platforms,
making them vulnerable to cyberattacks that could lead to significant losses
and pose a threat to national security. To address this issue, software
companies continually update their solutions to prevent hacking attempts.
However, developing sophisticated solutions requires increased investments, and
the maritime industry recognizes the importance of protection against cyber
threats and risk. The International Maritime Organization (IMO) published brief
guidelines in 2021 for cyber risk management, which apply to various marine
Digital Shipyard Market
On the other hand, augmented reality (AR) presents a
significant opportunity to increase the efficiency and effectiveness of digital
shipyards. AR headsets can offer a high-quality immersion experience while
being relatively hands-free. These devices can provide access to essential
information, such as a worker's fatigue index, with the help of a screen
pointed at them. AR headsets can also assist with quality checks during
shipbuilding, replacing the need for manual quality checklists. For instance,
an officer can wear an AR camera that scans barcodes or IIoT tags, and the
headset can obtain relevant media from a server or PLM applications. The device
can display lists of items that have been checked, and an officer can mark off
items once they are inspected through a gesture. Equipped with cameras, AR
headsets or tablets can add photos and videos to further increase efficiency
and reduce turnaround time in shipyards.
Challenges in Digital
One of the challenges faced by the digital shipyard market
is the stringent regulatory framework. The market consists of several
stakeholders, including companies manufacturing and providing digital shipyard
solutions, private and small enterprises, distributors, suppliers, retailers,
and end customers. Major influencers in the market include investors, funders,
academic researchers, integrators, service providers, and licensing
The commercial shipyard segment is expected to dominate the
digital shipyard market in 2022. This growth is attributed to the increasing
digitalization of commercial shipyards, which has resulted in numerous benefits
for commercial ship owners and operators. These benefits include lower
lifecycle costs, streamlined construction, increased operational availability,
and reduced overhead expenses associated with operating ships. Consequently,
digitalization has allowed commercial ship owners and operators to pursue
capital improvements while still adhering to the stringent regulatory
During the forecast period, the technology expected to have
the highest growth rate is artificial intelligence and big data analytics. The
shipbuilding industry is benefitting from pairing AI and machine learning with technologies
such as IoT, blockchain, big data, and robotic process automation. This
combination has many applications in shipyard operations, including predictive
maintenance, resource management, design, and production. AI is a crucial
digital transformation technology that is enabling the shipbuilding industry to
make significant progress.
The Asia Pacific region is expected to have the highest
market share during the forecast period. This region has the largest aircraft
generator manufacturers and has experienced rapid economic development in
recent years, leading to increased maritime trade. The demand for advancements
in processes, quick deliveries, reduced costs, and high regulatory standards is
driving growth in the digital shipyard market in emerging economies such as
India and China. These factors are expected to continue driving growth in the
Major players operating in the Digital Shipyard Market
- DASSAULT SYSTEMES
- BAE SYSTEMS
- AVEVA GROUP PLC
- ALTAIR ENGINEERING, INC.
- KUKA AG
- IFS AB
- PEMAMEK LTD.
- KREYON SYSTEMS
- PROSTEP AG
- KRANENDONK SMART ROBOTICS
- DAMEN SHIPYARDS GROUP
- THYSSENKRUPP MARINE SYSTEMS
- BUREAU VERITAS
· Recent Developments in Digital Shipyard Market
The digital shipyard market has seen some exciting
developments in recent times. BAE Systems and Dematec Automation have teamed up
to create a digital platform capability demonstrator that links various elements,
including robots, welding machines, hardware subsystems, devices, and sensors,
throughout typical shipyard workflows. By leveraging Industry 4.0 technologies,
this collaboration aims to connect workers, robotic plants, equipment, and
potentially even the Hunter class frigates, resulting in more efficient and
streamlined shipbuilding processes.
Another significant development in this industry is the
signing of a Memorandum of Understanding (MoU) between Fameline Holding Group
(FHG), its subsidiaries, and Inmarsat in June 2022. This agreement expresses
the intent of both parties to explore joint initiatives across the maritime and
energy sectors for mutual benefit. The MoU underscores the increasing focus on
collaboration and partnership in the digital shipyard market to drive
innovation and advance technological capabilities.
The Digital Shipyard Market has been experiencing
significant growth in recent years due to advancements in technology and the
need for more efficient shipbuilding processes. A digital shipyard is an
integrated digital platform that enables shipbuilders to manage the entire
lifecycle of a ship, from design and engineering to manufacturing and
One recent development in the Digital Shipyard Market is the
increasing use of artificial intelligence (AI) and machine learning (ML)
technologies. These technologies enable shipbuilders to analyze vast amounts of
data in real-time, allowing them to optimize processes and improve efficiency.
For example, AI can be used to predict the performance of a ship in different
conditions, allowing shipbuilders to make design adjustments before
Another development in the Digital Shipyard Market is the
increasing use of virtual and augmented reality (VR/AR) technologies. VR/AR
technologies enable shipbuilders to visualize the design of a ship in 3D,
allowing them to identify potential issues before construction begins. VR/AR
technologies can also be used to train workers and simulate maintenance
The Digital Shipyard Market is also seeing increased
collaboration between shipbuilders and technology companies. For example, in
2021, Samsung Heavy Industries announced a collaboration with IBM to develop a
smart ship solution using AI and blockchain technologies. This solution aims to
improve the efficiency and safety of ships by analyzing data from various
sources, including weather and navigation systems.
Finally, the Digital Shipyard Market is also seeing
increased adoption of cloud-based solutions. Cloud-based solutions enable
shipbuilders to access data and collaborate with partners and customers from
anywhere, improving communication and reducing the time and costs associated
with traditional methods.
In conclusion, the Digital Shipyard Market is rapidly
evolving, driven by advancements in technology and the need for more efficient
shipbuilding processes. The increasing use of AI, VR/AR, collaboration between
shipbuilders and technology companies, and cloud-based solutions are just a few
recent developments that are shaping the future of the Digital Shipyard Market.
We at Zettabyte Analytics have a
detailed and related research methodology focussed on estimating the market
size and forecasted value for the given market. Comprehensive research
objectives and scope were obtained through secondary research of the parent and
peer markets. The next step was to validate our research by various market
models and primary research. Both top-down and bottom-up approaches were
employed to estimate the market. In addition to all the research reports, data
triangulation is one of the procedures used to evaluate the market size of
segments and sub-segments.
1.1. Secondary Research
The secondary research study involves various sources and databases used
to analyze and collect information for the market-oriented survey of a specific
market. We use multiple databases for our exhaustive secondary research, such
as Factiva, Dun & Bradstreet, Bloomberg, Research article, Annual reports,
Press Release, and SEC filings of significant companies. Apart from this, a
dedicated set of teams continuously extracts data of key industry players and
makes an extensive and unique segmentation related to the latest market
1.2. Primary Research
The primary research includes gathering data from specific domain
experts through a detailed questionnaire, emails, telephonic interviews, and
web-based surveys. The primary interviewees for this study include an expert
from the demand and supply side, such as CEOs, VPs, directors, sales heads, and
marketing managers of tire 1,2, and 3 companies across the globe.
1.3. Data Triangulation
The data triangulation is very important for any market study, thus we
at Zettabyte Analytics focus on at least three sources to ensure a high level
of accuracy. The data is triangulated by studying various factors and trends
from both supply and demand side. All the reports published and stored in our
repository follows a detailed process to obtain a reliable insight for our
1.4. In-House Verification
To validate the segmentation
and verify the data collected, our market expert ensures whether our research
analyst is considering fine distinction before analyzing the market.
In the end,
presenting our research reports complied in a different format for straightforward
valuation such as ppt, pdf, and excel data pack is done.