Introduction Of Advanced Outfitting Methods To Reduce Shipbuilding Cycle Time And Costs

21 Nov 2017 05:21
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Many ship building companies are using advanced outfitting methods to reduce shipbuilding cycle time and costs. Traditionally, shipbuilding process was sequential with outfitting of components only after the ship hull was launched, whereas, advanced outfitting is the fitting of machinery, seating structures, piping, electrical and hull outfit items before the hull structure is fabricated and erected on the birth or dock. This leads to reduced overhead work, better utilization of man-hours and improved productivity, thus enabling shipbuilding companies to build ships faster. Advanced outfitting are of two types block outfitting and zone outfitting, depending on the scale of shipbuilding process. Major players in this industry such as DSME, HHI, Samsung Heavy Industries and Mitsubishi Heavy Industries are using advanced outfitting in their shipyards.

SHIP AND BOAT BUILDING AND REPAIRING MARKET TO GROW TO $245 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY

The Business Research Company expects the global ship and boat building and repairing market is expected to grow from $218 billion in 2016 to $245 billion in 2020 at a compound annual growth rate (CAGR) of 3.0%.Asia Pacific was the largest region in the ship and boat building and repairing market in 2016, accounting for $121 billion or 55.7% market share. This region has a large number of shipbuilding companies in countries such as China, South Korea and India. Major Asia-Pacific countries have technologically advanced infrastructure to facilitate exports and imports, low-cost communications and access to potential new customers

Purchase the report at https://www.thebusinessresearchcompany.com/our-research/transportation-manufacturing/ship-boat-building-repairing-market-global-briefing-2017/

The chart below shows the year-on-year growth of the global ship and boat building and repairing market during 2016-2020

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According to The Business Research Company’s Transportation Consultant, Abdul Wasay, shipbuilding companies are increasingly using robotics technology to streamline shipbuilding operations and increase efficiency. Robots make use of 3D camera sensor and system-on-chip (SoC) technologies to automate welding, blasting, heavy lifting, painting, pipe cleaning, inspection and other tasks in a shipyard. For instance, Geoje shipyard in South Korea adopted technologies that automated 68% of its production using robotic systems. In 2013, South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, introduced mini welding robots in its shipyards. Shipyard robots are being extensively used by ship building companies in Europe, South Korea, Brazil, Japan and China.

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Daewoo Shipbuilding & Marine Engineering Company was the largest competitor in the ship and boat building and repairing market in2016 with 4.92% share of the market. Daewoo’s growth strategy aims to reduce its production costs, increase productivity to deal with loses. The company is creating Shipyard 4.0 which is a shipbuilding version of 'Industry 4.0' and 'the 4th industrial revolution'. It aims to modernize designs and production-simulation tools in manufacturing industries by using advance ICT (Information, Communication, and Technology) such as IoT (Internet of Things), Big Data, Cloud, and A.I.
The ship and boat building and repairing industry includes establishments involved in operating shipyards and boatyards. It includes barges, cargo ships, passenger ships, oil and gas drilling and production platforms, inflatable plastic boats and rowboats.
This industry is further classified as –
• Ship Building And Repairing
• Boat Building
A mode of water transport that weighs 500 tonnes or above is characterized as a ship. Ships are large vessel intended for deep-water passenger or cargo transport. They are complicated structures, with a variety of machinery and complex designs. Ships have dedicated engines to propel them, and are generally operated in oceanic areas and high seas.
Boats are small to mid-sized vessel with much lesser carrying capacity as compared to a ship. They are much easier to build with less machines and design complexities. Boats are operated in small or restricted water areas and are mainly used for recreational purposes, fishing, ferrying people or plying in areas near to the coast. Boats can be propelled by sails, motor or human force.

Ship and Boat Building And Repairing Market Global Briefing 2017 is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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