The global digital shipyard market was valued at USD 963.6 million in 2020 and is projected to reach USD 3,444.5 million by 2028, growing at a CAGR of 17.27% during the period from 2021 to 2028. This information is provided by Fortune Business Insights™ in their report titled "Digital Shipyard Market, 2021-2028." The market is witnessing significant growth due to the increasing demand for modernization in the shipbuilding industry.

Informational Source:

https://www.fortunebusinessinsights.com/digital-shipyard-market-106561

List of Key Players Covered in the Report

Digital shipyards leverage advanced technologies such as digital twin, artificial intelligence, robotics, and automation to optimize production processes and improve the efficiency of shipbuilding operations. They offer various benefits, including reduced production time and costs, improved quality and safety, and increased flexibility and customization. The market is expected to continue growing as the shipbuilding industry seeks more efficient and cost-effective solutions, and as advanced digital technologies continue to develop. Additionally, there is a growing focus on sustainability in the shipping industry, and digital shipyards can help reduce the environmental impact of shipbuilding operations.

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