Digital Shipyard Market Summary
The global digital shipyard market size was valued at USD 3.23 billion in 2024 and is projected to reach USD 9.88 billion by 2030, growing at a CAGR of 22.1% from 2025 to 2030. This rapid expansion highlights the growing adoption of digital technologies across the shipbuilding and ship maintenance industries. The market is anticipated to be driven by the proliferation of the Industrial Internet of Things (IIoT) in the shipyard industry, as shipyards increasingly seek smarter, more efficient, and data-driven operational models.
The IIoT enables the integration of physical machinery and assets with digital systems, allowing shipyards to collect and analyze real-time data across various processes. This data-driven approach enhances operational efficiency, improves decision-making accuracy, and enables predictive maintenance by identifying potential equipment failures before they occur. As a result, shipyards can reduce unplanned downtime, lower maintenance costs, and improve overall productivity while maintaining high quality and safety standards.
Furthermore, factors such as the rising interest in connected and autonomous ships fuel the industry's demand for digital shipyard solutions. These solutions enable shipyards to integrate advanced technologies such as sensors, connectivity, automation, and artificial intelligence into vessels throughout their design, construction, and maintenance phases. Connected and autonomous ships offer improved safety, reduced fuel consumption, optimized navigation, and enhanced operational efficiency. Autonomous ships, also called crewless ships, are outfitted with software and hardware that allows them to operate without the intervention of humans. Sensors, automated navigation systems, propulsion and auxiliary systems, GPS trackers, and other components are used in these ships. These components allow the ship to make decisions based on its surroundings and operating conditions in real time.
Key Market Trends & Insights
- North America led the global digital shipyard industry in 2024 with a market share of 28.2%, supported by strong technological infrastructure, early adoption of digital solutions, and significant investments in naval modernization and commercial shipbuilding.
- Europe held a significant market share of the overall digital shipyard industry in 2024, with a market share of 27.5%, driven by advanced shipbuilding capabilities, strict regulatory standards, and increasing focus on sustainable and efficient maritime operations.
- Asia Pacific is anticipated to grow at the fastest CAGR from 2025 to 2030, owing to rapid expansion of shipbuilding activities, increasing adoption of digital technologies, and strong government support for maritime infrastructure development in countries such as China, South Korea, and Japan.
- Based on technology, the AI and Big Data segment dominated the market in 2024 and accounted for a market share of 24.2%, as these technologies play a crucial role in data analytics, process optimization, and predictive maintenance within digital shipyards.
- In terms of capacity, the large capacity segment dominated the market in 2024 and accounted for a market share of 44.3%, reflecting the higher adoption of digital solutions in large-scale shipyards handling complex and high-volume shipbuilding projects.
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Market Size & Forecast
- 2024 Market Size: USD 3.23 Billion
- 2030 Projected Market Size: USD 9.88 Billion
- CAGR (2025-2030): 22.1%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
Key Companies & Market Share Insights
Some of the key players operating in the market include SAP, Wärtsilä, and Siemens, among others.
- Siemens is a global technology conglomerate headquartered in Munich, Germany, known for its extensive range of products, services, and solutions across industries such as energy, infrastructure, healthcare, automation, and digitalization. Founded in 1847, Siemens has grown to become one of the world’s largest industrial manufacturing companies, with a strong focus on innovative solutions that integrate hardware, software, and digital services to support business and societal transformation.
Kongsberg Digital and Sea Machines Robotics, Inc. are some of the emerging market participants in the target market.
- Kongsberg Digital, a subsidiary of KONGSBERG, focuses on providing advanced digital solutions for industries such as maritime, oil and gas, and renewable energy. The company was founded in 2016 and is headquartered in Norway, with a presence across Asia Pacific, North America, and Europe. Kongsberg Digital’s maritime solutions are engineered to enhance collaboration, centralize data, streamline decision-making, and support cost reduction while prioritizing sustainability. By leveraging a powerful platform of interconnected applications, businesses can achieve optimized, fleet-wide operational improvements.
Key Players
- SAP
- Wärtsilä
- BAE Systems
- Dassault Systèmes
- AVEVA Group Limited
- Siemens
- Accenture
- Hexagon AB
- Inmarsat Global Limited
- Damen Shipyards Group
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Conclusion
The digital shipyard market is undergoing rapid transformation driven by IIoT adoption, advanced data analytics, and increasing demand for connected and autonomous ships. Integration of AI, automation, and real-time monitoring is enhancing efficiency, safety, and productivity across shipyard operations. Regional trends indicate strong leadership in North America and Europe, while Asia Pacific shows the highest growth potential. Dominance of AI and Big Data technologies and large-capacity shipyards reflects current industry priorities. Overall, continued digitalization and technological innovation are expected to sustain strong growth in the global digital shipyard market.