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Digital Shipyard Market Share

Report ID: GMI7417
Published Date: Nov 2023
Report Format: PDF

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Digital Shipyard Market Share

Major companies operating in the digital shipyard industry are:

Altair Engineering Inc.
Aras
Aveva Group plc
BAE Systems
Dassault Systèmes
Hexagon AB
iBase-t
SAP
Siemens
SSI
Wartsila

The digital shipyard market is highly competitive with dominant players such as Siemens and Dassault Systèmes. Major companies in the digital shipyard industry are adopting strategic approaches to strengthen their market presence. This includes investing in cutting-edge technologies, forming strategic partnerships, offering comprehensive solutions, and focusing on research and development, all aimed at enhancing their competitive edge and meeting evolving industry demands.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of digital shipyard reached USD 1.6 billion in 2022 and is set to grow at a CAGR of over 15% through 2032, led by the increasing integration of advanced technologies that enhance efficiency, reduce downtime, and improve overall productivity in shipbuilding processes.

The data analytics & big data technology segment is anticipated to expand at a CAGR of over 14% till 2032, driven by a compelling need for enhanced operational efficiency and informed decision-making.

Asia Pacific market is poised to witness 18% CAGR from 2023 to 2032, propelled by the wider acceptance of advanced technologies to enhance operational efficiency & maintain a competitive edge, along with the government

Altair Engineering Inc., Aras, Aveva Group plc, BAE Systems, Dassault Syst