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.