Digital Shipyard Segmentation
Shipyard Type (Commercial, Military)
The commercial segment of the digital shipyard market is poised to account for a dominant 51.8% revenue share throughout the forecast period. This is attributed to the surging demand for commercial vessels with the growth of maritime tourism, trade, and the calls for defense modernization. The commercial segment is lucrative due to the expanded opportunities in supplying digital solutions, due to the large number of commercial vessels. For instance, the advent of digital twin technologies has eased the use of virtual prototyping. The International Maritime Organization (IMO) and the Carbon Intensity Indicator (CII) have highlighted a significant increase in retrofit activity of commercial vessels since January 2023 due to mandates pushing older vessels to upgrade.
Technology (Robotic Process Automation, AI & Big Data Analytics, Digital Twin, AR/VR, Additive Manufacturing, HP)
The robotic process automation (RPA) segment in digital shipyard market is poised to maintain its expansion throughout the anticipated timeline. A major driver of the RPA segment is its ability to automate repetitive tasks, which in turn bolsters productivity while reducing operational costs. In shipbuilding, RPA supports multiple automated processes from welding to painting. Additionally, the advent of digital technologies such as AI improves these processes through predictive maintenance. The benefits of RPA have ensured the opportunity for investments in the segment.
Our in-depth analysis of the global market includes the following segments:
|
Shipyard Type |
|
|
Technology |
|
|
Solution |
|
|
Capacity |
|
