SWOT ANALYSIS OF THE SHIPBUILDING INDUSTRY OF BANGLADESH IN THE LIGHT OF IR4.0

8 Pages Posted: 16 May 2023

See all articles by Priti Halder

Priti Halder

Bangladesh University of Engineering and Technology (BUET)

Nafisa Mehtaj

Bangladesh University of Engineering and Technology (BUET)

N.M. Golam Zakaria

Bangladesh University of Engineering and Technology (BUET)

Date Written: May 12, 2023

Abstract

Industry 4.0 has been an epoch-making point of discussion for academicians and industrialists in this arena due to its numerous advantages. The shipbuilding nations worldwide have already started preparing strategies to utilize this blessing. Being a shipbuilding nation, Bangladesh has exposure to building international standard ships. Therefore, to remain in global competition, some adjustments need to be made. In this research, the current situation of the shipbuilding industry in Bangladesh in terms of infrastructure capacity, technological investment, workforce, and management system has been assessed and the possible areas where Industrial Revolution 4.0 impacted the shipbuilding industry have been identified. Data from 16 domain experts have been used for the thematic analysis, and finally, the SWOT analysis is used to formulate the final result. The findings of this research show a clear picture of the prospects and challenges of adopting Industrial Revolution 4.0 for the shipbuilding industry in Bangladesh. Practical strategies to overcome these challenges to advance this industry in Bangladesh have been suggested.

Keywords: Shipbuilding Industry, Industrial Revolution 4.0, SWOT Analysis, Thematic Analysis

Suggested Citation

Halder, Priti and Mehtaj, Nafisa and Zakaria, N.M. Golam, SWOT ANALYSIS OF THE SHIPBUILDING INDUSTRY OF BANGLADESH IN THE LIGHT OF IR4.0 (May 12, 2023). Proceedings of the 13th International Conference on Marine Technology (MARTEC 2022), Available at SSRN: https://ssrn.com/abstract=4446276 or http://dx.doi.org/10.2139/ssrn.4446276

Priti Halder (Contact Author)

Bangladesh University of Engineering and Technology (BUET) ( email )

Nafisa Mehtaj

Bangladesh University of Engineering and Technology (BUET)

N.M. Golam Zakaria

Bangladesh University of Engineering and Technology (BUET) ( email )

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