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Dynamic Positioning System Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2030
Dynamic Positioning System Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2030
Dynamic Positioning System Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2030

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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