Navigating the Future: Transforming the Shipping Industry with Digital Shipyard Technology"

A shipyard (also called a dockyard) is a place where ships are built and repaired. At present shipbuilding companies are focusing on the automation process over the last few years. The automation process helps to save the time taken for ship building. Meanwhile, various companies are taking initiatives to implement digitization in shipbuilding. The “digital shipyard” is the term applied to the adoption of Industry 4.0 capabilities in designing, building, maintaining our ships and submarines as well as using this technology to monitor and maintain the associated infrastructure. 

The concept of digital shipyard is typically attributed to the upgradation of shipyards with the adoption of Industry 4.0 capabilities, such as “Cyber-Physical Systems" (CPS) and Internet of Things (IoT) to evolve shipyards for the modern era. By combining the Internet of Things (IoT) with cyber-physical systems (CPS), shipbuilders can produce virtual models in a fraction of the time.   

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In addition, the digital shipyard market has witnessed significant growth in recent years, owing to increase in investments by shipyard enterprises and noteworthy increase in industrialization and globalization. 

Increase in demand for cargo ships due to increased maritime trade, rise in environmental concerns globally to lower the carbon footprint generated in the shipping industry, and rise in adoption of digital twin technology supplement the growth of the digital shipyard industry. 

Currently, due to an expansion in worldwide trade and tourism activities via ships, the size of the digital shipyard market is expected to grow significantly in the future years. A digital shipyard is hired to integrate various digital technologies into a shipyard, such as augmented reality/virtual reality and IoT, to boost operational efficiency. 

Leading Key Players: 

• Accenture 

• Altair Engineering Inc. 

• Aras Corporation 

• AVEVA Group Plc 

• BAE Systems 

• Damen Shipyards Group 

• Dassault Systemes 

• Hexagon 

• Ibaset 

• Inmarsat Plc. 

• Kranendonk Smart Robotics 

• Pemamek Ltd. 

• SAP 

• Siemens 

• Wartsila