Digital Shipyard Market Key Trends, Size, Outlook, Overview 2023-2032 | Altair Engineering Inc., BAE Systems plc, Dassault Systérnes SE, IFS AB, Accenture plc

The Digital Shipyard Global Market Report 2023, provides comprehensive information on the digital shipyard market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global digital shipyard market size is expected to grow from $1 billion in 2022 to $1.20 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global digital shipyard market size is expected to reach $2.44 billion in 2027 at a CAGR of 19.4%.

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Technological advancements are a key trend gaining popularity in the digital shipyard market. Major companies operating in the digital shipyard market are adopting new technologies to sustain their position in the market. For instance, In March 2022, Seaspan ULC, a Canada-based provider of marine-related services, launched its new HoloShip facility, an immersive visualization system that allows Seaspan and the Canadian marine industry community access to a virtual reality environment to develop, integrate, test and demonstrate new digital twin capabilities and change how ships are built, constructed, and maintained. With Seaspan’s HoloShip, designers, engineers, production teams, and customers can practically experience a highly accurate, completely detailed, three-dimensional digital model of the ship on a 5.6-meter-wide display wall. Participants are transported onto the ship using 3D and virtual reality headsets, and they can move around to view and engage with the area as well as with the equipment, components, systems, and subsystems. The HoloShip can also be accessed remotely by participants using a networked device.

The digital shipyard market is segmented:

1) By Shipyard Type: Commercial, Military

2) By Technology: AR/VR, Digital Twin And Simulation, Addictive Manufacturing, Artificial Intelligence And Big Data Analytics, Robotic Process Automation, Industrial Internet of Things (IIoT), Cybersecurity, Block Chain, Cloud And Master Data Management

3) By Process: Research And Development, Design And Engineering, Manufacturing And Planning, Maintenance And Support

4) By Capacity: Large Shipyard, Medium Shipyard, Small Shipyard

5) By End-Use: Implementation, Upgrades And Services

Asia-Pacific was the largest region in the digital shipyard market in 2022.

The table of contents in TBRC’s digital shipyard market report includes:

  1. Executive Summary
  2. Digital Shipyard Market Characteristics
  3. Digital Shipyard Market Trends And Strategies
  4. Digital Shipyard Market – Macro Economic Scenario
  5. Digital Shipyard Market Size And Growth

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  1. Africa Digital Shipyard Market
  2. Digital Shipyard Market Competitive Landscape And Company Profiles
  3. Key Mergers And Acquisitions In The Digital Shipyard Market
  4. Digital Shipyard Market Future Outlook and Potential Analysis
  5. Appendix

Top 5 Major Key Players Are:

  • Altair Engineering Inc
  • BAE Systems plc
  • Dassault Systérnes SE
  • IFS AB
  • Accenture plc

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