Having said this about the background to Siemens’ success in the South Korean market, it can also be stated that Siemens PLM solutions generally have a strong growth and position in the shipbuilding market. They are seen as one of the leading players globally in the digitalization of shipyards, in competition with, among others, Dassault Systèmes, Accenture, BAE Systems and Aveva. Key evidence of this growth and position includes:

Strategic acquisitions: Siemens significantly strengthened its position through the acquisition of Spanish company SENER’s software FORAN (CAD/CAE/CAM for marine design) in 2022. This gave them access to FORAN’s expertise and customer base in complex commercial and military projects.
Major partnerships and customer agreements: The company has entered into significant collaborations, where the major global player HD Hyundai, as PLM&ERP News reported both previously and last week, has strengthened Siemens’ position in the shipbuilding industry. The collaboration aims to develop a common PLM platform for digital twins and to modernize shipyards, as mentioned now also including in the US.
Focus on digital transformation: Siemens Xcelerator platform and PLM solutions for shipbuilding are designed to enable a comprehensive digital twin and improve processes from design to operation and maintenance. This holistic approach meets the industry’s increasing demands for efficiency and sustainability.
Market development: The market for “digital shipyards” is expected to grow significantly (forecast CAGR of 19.1% between 2022 and 2030), and Siemens is leading this development together with Dassault Systèmes, indicating continued strong growth.
Collaboration with classification societies: Siemens has signed a collaboration agreement with the American Bureau of Shipping (ABS) to integrate classification processes digitally, which will have an impact ivises regulatory compliance throughout the vessel’s lifecycle.
These initiatives position Siemens well to continue growing in the marine sector by offering integrated and scalable digital solutions.




