Companies Dominating the Digital Shipyard Landscape
The global digital shipyard industry is characterized by the presence of key players from North America, Europe, and APAC. In North America, major players such as Huntington Ingalls Industries and General Dynamics NASSCO are investing in 3D modeling, supported by the rising calls for defense modernization. In Europe, major players such as Naventia are leveraging the Industry 4.0 frameworks, while in APAC, HD Hyundai, China State Shipbuilding Corporation, and others are driving investments in automation. The table below highlights the major players in the market.
|
Company Name |
Country |
Estimated Market Share (2024) |
|---|---|---|
|
China State Shipbuilding Corporation (CSSC) |
China |
21% |
|
HD Hyundai Heavy Industries |
South Korea |
11% |
|
Hanwha Ocean |
South Korea |
9% |
|
Huntington Ingalls Industries (HII) |
USA |
4% |
|
General Dynamics NASSCO |
USA |
3% |
|
Austal Limited |
Australia |
XX |
|
Garden Reach Shipbuilders & Engineers |
India |
XX |
|
Cochin Shipyard Limited |
India |
XX |
|
Boustead Naval Shipyard |
Malaysia |
XX |
|
Daewoo Shipbuilding & Marine Engineering (DSME) |
South Korea |
XX |
|
Fincantieri S.p.A. |
Italy |
XX |
|
United Shipbuilding Corporation |
Russia |
XX |
|
Larsen & Toubro Shipbuilding |
India |
XX |
|
Sembcorp Marine |
Singapore |
XX |
|
STX Offshore & Shipbuilding |
South Korea |
XX |
