Digital Shipyard Market Size

  • Report ID: 4228
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Digital Shipyard Market Size

Digital Shipyard Market size was over USD 1.39 billion in 2024 and is set to exceed USD 12.58 billion by the end of 2037, growing at over 18.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of digital shipyard is evaluated at USD 1.59 billion.

The growth of the global digital shipyard market trend is primarily attributed to the growing adoption of robots, and digital and automation technology in the shipbuilding process during the forecast period. The sales of industrial robots reported an increase of almost 27% in America with a new record of 4.86 million units shipped globally.

Robotic process automation (RPA) is currently developing business process automation technology based on the idea of software robots and artificial intelligence (AI). It helps to mimic the back-office tasks of humans. Also, robotic process automation reduces the risk of death and accidents in workplaces such as warehouses. According to International Labor Organization (ILO), over 340 million workplace accidents occur annually leading to 2.3 million deaths across the world.


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Author Credits:  Abhishek Verma


  • Report ID: 4228
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of digital shipyard is evaluated at USD 1.59 billion.

The digital shipyard market size was over USD 1.39 billion in 2024 and is set to exceed USD 12.58 billion by the end of 2037, growing at over 18.2% CAGR during the forecast period i.e., between 2025-2037. Increased use of industrial internet of things (IoT), enhancedimplementation of robotic technology, and awareness of efficiency and safety will boost the market growth.

North America industry is likely to account for majority revenue share by 2037, driven by high penetration rate of automation technology and process management among governments and enterprises in this region.

The major players in the market include IFS World Operations AB(IFS), IBM Corporation, Accenture PLC, AVEVA Group Plc, Pemamek Oy, Dassault Systemes SAS, Siemens AG, Wartsila Corporation, Inmarsat Global Limited, PROSTEP INC, Damen Shipyards Group.
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