Digital Shipyard Market to Exceed $3.19Billion by 2025

The digital shipyard market is projected to exceed $3.19 billion by 2025, growing at a CAGR of 19.07% during the forecast period (2025-2033), according to research released by Straits Research.

“North America leads the global digital shipyard market, driven by advanced technological infrastructure and significant investments by both the military and private shipbuilding companies.

The U.S. Navy's modernization initiatives have accelerated the adoption of cutting-edge technologies such as AI, IoT, and digital twins to enhance shipyard operations, streamline maintenance, and boost fleet readiness. These technologies not only optimize resource utilization but also reduce operational costs and improve overall efficiency in shipbuilding and maintenance processes,” the report says.

Key takeaways:

• By integrating systems like artificial intelligence (AI), Internet of Things (IoT), big data analytics, and digital twins, digital shipyards transform traditional maritime operations into highly efficient, data-driven workflows.
• A report by the Baltic and International Maritime Council (BIMCO) predicts annual growth of over 15% in the smart shipping market, highlighting a robust appetite for digital solutions in shipbuilding.
• Based on shipyard type, the commercial segment dominated the market with the largest market revenue.
• Based on technology, the AI and big data analytics segment dominated the market with the largest market revenue.
• Based on capacity, the large shipyard segment dominated the market with the largest market revenue.
• Based on end-user, the implementation segment dominated the market with the largest market revenue.
• Based on process, the manufacturing and planning segment dominated the market with the largest market revenue.
• Based on the digital level, the semi-digital shipyard segment dominated the market with the largest market revenue.
• North America is the most significant shareholder in the global market.