OVERVIEW
Global Dynamic Positioning System Market size is projected to reach USD 685 Million by 2025, at an approximate CAGR of 8.34% between 2019 and 2025.
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MARKET SEGMENTATION
By Subsystem
¡ Control System
¡ Thruster System
¡ Power System
¡ others
By Equipment Class
¡ Class 1
¡ Class 2
¡ Class 3
By Application
¡ Merchant Vessels
¡ Passenger Vessels
¡ Naval Vessels
¡ Offshore Vessels
By Region
¡ North America
¡ Europe
¡ Asia-Pacific
¡ Rest of the World
GLOBAL Dynamic Positioning System MARKET SHARE, BY REGION, 2018
¡ North America: XX%
¡ Europe: XX%
¡ Asia-Pacific: XX%
¡ Rest of the World (RoW): XX%
Drivers –
¡ Increasing number of offshore patrol vessels
¡ Technological advancements
Opportunities
¡ New product launch has helped the company
Restraints:
· system complexity
· high maintenance of mechanical components
KEY COMPANIES PROFILED
- Volvo Penta
- ABB
- General Electric
- Kongsberg Gruppen
- Moxa Inc.
- Marine Technologies LLC
- Rolls-Royce PLC
- Praxis Automation
- Wartsila Corporation
- Navis Engineering Oy
- L-3 Communications Holdings Inc.
- NORR Systems Pte Ltd
- Guidance Marine
- JRC
- Master Boat Builders Inc.
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