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Dynamic Positioning Systems Market by Equipment type (Class 1, class 2, class 3), Application (Bulk Carrier, Gas Tanker, Ferries, Cruise, Amphibious, Destroyer, Frigate), End Use (OEM, Retrofit), Type, Sub-system, and Region - Forecast to 2026

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    Report

  • 217 Pages
  • May 2021
  • Region: Global
  • Markets and Markets
  • ID: 5328228
Description Jump to:

The dynamic positioning system market is projected to grow from USD 6.3 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 10.7% between 2021 and 2026. The increase in seaborne trade across the globe, cargo ship industry and shipbuilding industries are driving the market growth of the dynamic positioning system market.



Based on end user, the OEM segment is anticipated to grow at a higher CAGR during the forecast period

Based on end user, the OEM segment is anticipated to grow at a higher CAGR than the aftermarket segment during the forecast period. Original equipment manufacturers (OEMs) offer line fit and new product demand, thereby saving the time consumed in the installation of components post-delivery. Shipowners are preferring OEM segment over aftermarket segment as the OEM segment offers valuable post Purchase maintenance and training which is considered to be very essential for the dynamic positioning system market.

Based on type, the next generation dynamic positioning system is projected to register the highest CAGR during the forecast period

Based on type, the next generation segment is projected to witness the highest CAGR during the forecast period. This segment will majorly be driven by the rise and development in the autonomous vessels. Currently, there are countries in many regions who are working on project to bring autonomous vessels into the commercial market. The dynamic positioning systems is essential for autonomous vessels because of the minimalistic human intervention gives rise to higher chances of error that could lead to accidents. Hence, shipowners and OEM manufacturers are working on next generation dynamic positioning system for autonomous vessels. So, this will be the major factors to drive growth in this segment for the forecasted period.

North America is estimated to lead the dynamic positioning system market in 2021

The growth of the global trade industry in North America is one of the most significant factors contributing to the demand for dynamic positioning system in this region. Increasing investments in the naval operations and increasing offshore shipping industry are additional factors driving the growth of the dynamic positioning system market in North America.

The break-up of profiles of primary participants in the dynamic positioning system market:


  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%
  • By Region: North America - 45%, Europe - 20%, Asia Pacific - 30%, Rest of the World - 5%

Key players in the dynamic positioning system market are Kongsberg Gruppen (Norway), ABB Group (Switzerland), General Electric Company (US), Wartsila (Finland), Rolls Royce PLC. (UK), A.B Volvo (Sweden), Twin Disc (US), L3 Harris (US), Navis Engineering (Finland), Royal IHC (Netherlands), Marine Technologies LLC (US), Praxis Automation Technology (Netherlands), Norr Systems Pte Ltd. (Singapore), Moxa Inc. (Taiwan), Reygar (UK), Comex (France), Sonardyne (UK), Alphatron Marine (Netherlands), Undheim Systems (Norway), Wartsila Guidance Marine (UK), Thrustmaster of Texas (US), Xenta Systems (Italy), RH Marine (Netherlands), Raytheon Anschutz (Germany), Japan Radio Company Ltd. (Japan)

Research Coverage:

The report covers the dynamic positioning system market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as equipment type, type of dynamic positioning system, sub-system, end use, and application. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to Buy this Report:

This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall dynamic positioning system market and its subsegments. The report covers the entire ecosystem of the maritime industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.


Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Dynamic Positioning System Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Inclusions and Exclusions
Table 1 Inclusions and Exclusions in the Dynamic Positioning System Market
1.5 Currency
Table 2 USD Exchange Rates
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
Figure 1 MNM Pre-COVID-19 and Post-COVID-19 Estimates on the Dynamic Positioning System Market
2 Research Methodology
2.1 Research Data
Figure 2 Report Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Primary Sources
2.2 Market Size Estimation
2.2.1 Market Definition and Scope
2.2.2 Segments and Subsegments
2.3 Research Approach and Methodology
2.3.1 Bottom-Up Approach
2.3.2 Dynamic Positioning System Market for OEM
Figure 4 Market Size Calculation for OEM
2.3.3 Dynamic Positioning System Retrofit
Figure 5 Market Size Calculation for Retrofit
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.3.4 Top-Down Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.4 Triangulation and Validation
Figure 8 Data Triangulation
2.4.1 Triangulation Through Primary and Secondary Research
2.5 Growth Rate Assumptions
2.6 Assumptions for the Research Study
2.7 Risks
3 Executive Summary
Figure 9 Commercial Application Projected to Lead the Dynamic Positioning System Market from 2021 to 2026
Figure 10 Position Reference & Tracking Systems Segment by Subsystem Estimated to Lead the Dynamic Positioning System Market in 2021
Figure 11 Conventional Segment Projected to Lead the Dynamic Positioning System Market During the Forecast Period
Figure 12 Retrofit Segment Estimated to Lead the Dynamic Positioning System Market in 2021
Figure 13 Class 1 Segment Projected to Lead the Dynamic Positioning System Market During the Forecast Period
Figure 14 North America Estimated to Account for the Largest Share of the Dynamic Positioning System Market in 2021
4 Premium Insights
4.1 Attractive Opportunities in the Dynamic Positioning System Market
Figure 15 Increasing Investments Drive the Dynamic Positioning System Market
4.2 Dynamic Positioning System Market, by End Use
Figure 16 Retrofit Segment Projected to Dominate the Dynamic Positioning System Market During the Forecast Period
4.3 Dynamic Positioning System Market, by Equipment Type
Figure 17 Class 1 Segment to Lead the Dynamic Positioning System Market During the Forecast Period
4.4 Dynamic Positioning System Market, by Country
Figure 18 Dynamic Positioning System Market in China Projected to Grow at the Highest CAGR During the Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Dynamic Positioning System Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Operations in the Offshore Shipping Industry
5.2.1.2 Technological Improvements in Monitoring and Dynamic Positioning Systems
5.2.1.3 Increase in Seaborne Trade Across the Globe
5.2.2 Restraints
5.2.2.1 Complex System and High Cost of Initial Installation
5.2.2.2 High Maintenance Costs
5.2.3 Opportunities
5.2.3.1 Laser-Based Dynamic Positioning Systems
5.2.3.2 Autonomous Shipping Industry
5.2.4 Challenges
5.2.4.1 COVID-19 Affecting the Shipping Industry
5.2.4.2 Complex Systems Difficult to be Operated by Unskilled Operators
5.3 COVID-19 Impact Scenarios
Figure 20 Impact of COVID-19 on Dynamic Positioning System Market: Global Scenarios
5.4 Impact of COVID-19 on the Dynamic Positioning System Market
5.5 Trends/Disruptions Impacting Customers’ Business
5.5.1 Revenue Shift and New Revenue Pockets for Dynamic Positioning System Market
Figure 21 Revenue Shift in Dynamic Positioning System Market
5.6 Market Ecosystem
5.6.1 Prominent Companies
5.6.2 Private and Small Enterprises
5.6.3 End-Users
Figure 22 Market Ecosystem Map: Dynamic Positioning System Market
5.7 Pricing Analysis
Figure 23 Pricing Analysis - by Ship Type, 2020
5.8 Value Chain Analysis
Figure 24 Value Chain Analysis: Dynamic Positioning System Market
5.9 Tariff Regulatory Landscape for Automation in the Maritime Industry
5.10 Trade Data
5.10.1 International Maritime Trade Data, 2010-2019
Figure 25 Development of International Maritime Trade, (2010-2019)
5.10.2 World Seaborne Trade, 2015-2019
Table 3 World Seaborne Trade, 2015-2019
5.11 Porter's Five Forces Model
5.12 Technology Analysis
5.12.1 Big Data
5.12.2 Dynamic Positioning System
5.12.3 Predictive Maintenance
5.12.4 Collision Avoidance Tool
5.13 Use Cases
5.13.1 Autonomous Control and Remote Command Systems
5.13.2 Laser-Focused Dynamic Positioning System in Offshore Operations
5.14 Operational Data
Table 4 Completion of Ship Orders Globally, 2015-2020
Table 5 Completion of Ship Orders by Japan, 2015-2020
Table 6 Completion of Ship Orders by South Korea, 2015-2020
Table 7 Completion of Ship Orders by China, 2015-2020
Table 8 Completion of Ship Orders in Europe, 2015-2020
6 Industry Trends
6.1 Introduction
6.2 Technology Roadmap
Figure 26 Technology Roadmap
6.3 Technological Advancements in the Maritime Industry
6.3.1 Laser Technology
6.3.2 Autonomous Vessels
6.3.3 Dynamic Positioning System for Motorboats and Yachts
6.3.4 Less Complex Dynamic Positioning Systems
6.3.5 Integrated Dynamic Positioning Systems
6.3.6 Predictive Software for Dynamic Positioning Systems
6.3.7 Increasing Functions of Dynamic Positioning Systems
6.4 Innovations and Patent Registrations, 2012-2020
Table 9 Innovations and Patent Registrations
7 Dynamic Positioning System Market, by Application
7.1 Introduction
7.1.1 Impact of COVID-19 on Application
7.1.1.1 Most Impacted Segment, by Application
7.1.1.2 Least Impacted Segment, by Application
Figure 27 Commercial Segment Projected to Lead the Dynamic Positioning System Market from 2021 to 2026
Table 10 Dynamic Positioning System Market Size, by Application 2017-2020 (USD Million)
Table 11 Dynamic Positioning System Market Size, by Application 2017-2020 (USD Million)
7.2 Commercial
Table 12 Dynamic Positioning System Market Size, by Commercial Application 2017-2020 (USD Million)
Table 13 Dynamic Positioning System Market Size, by Commercial Application 2021-2026 (USD Million)
7.2.1 Bulk Carriers
7.2.1.1 Bulk Carriers Are Majorly Fitted with DP 1 Category Systems
7.2.2 Gas Tankers
7.2.2.1 Most of the Gas Tankers Are Equipped DP 1 Class DPS Systems
7.2.3 Tankers
7.2.3.1 Growing International Trade for Chemicals and Liquid Materials Has Led to the Rise in Demand for Chemical Tankers
7.2.4 Cruise
7.2.4.1 That Maritime Tourism Will Increase in the Future, Leading to the Rise in the Demand for Passenger Cruises
7.2.5 Passenger Ferries
7.2.5.1 Passenger Ferries Are Vessels Used to Carry Passengers Across Water Bodies
7.2.6 Dry Cargo Ships
7.2.6.1 Dry Cargo Ships Are Majorly Equipped with DP 1-Based DPS Systems
7.2.7 Research Vessels
7.2.7.1 Research Vessels Are Built to Withstand Highly Harsh Environmental Conditions
7.2.8 Dredgers
7.2.8.1 Dredgers Are Vessels Which Are Used to Remove Debris and Sediments
7.2.9 Motorboats
7.2.9.1 Motor Boats Majorly Installed with DPS Systems Include Inboard Spoiler Boats
7.2.10 Others
7.3 Military
Table 14 Dynamic Positioning System Market Size, by Military Application 2017-2020 (USD Million)
Table 15 Dynamic Positioning System Market Size, by Military Application 2021-2026(USD Million)
7.3.1 Frigates
7.3.1.1 Frigates Are Warships That Carry a Variety of Armaments
7.3.2 Corvettes
7.3.2.1 Corvettes Are the Smallest Vessel Class Among Warships.
7.3.3 Destroyers
7.3.3.1 Destroyers Are Fast, Long-Endurance Maneuverable Ships Intended to Help Large Vessels
7.3.4 Amphibious Ships
7.3.4.1 Amphibious Ships Are Stationed on Land to Support Ground Forces by Launching Amphibious Assaults
7.3.5 Minesweepers
7.3.5.1 Majorly DP 3 Category DPS Systems Are Installed in These Warships.
7.3.6 Others
8 Dynamic Positioning System Market, by End Use
8.1 Introduction
8.1.1 Impact of COVID-19 on End Use
8.1.1.1 Most Impacted Segment, by End Use
8.1.1.2 Least Impacted Segment, by End Use
Figure 28 Dynamic Positioning System Market, by End Use, 2021 & 2026
Table 16 Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 17 Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
8.2 OEM
8.2.1 Increasing Installations of Advanced and Automated DPS Systems in Ships Are Expected to Drive the Market
Table 18 Dynamic Positioning System OEM Market, by Region, 2017-2020 (USD Million)
Table 19 Dynamic Positioning System OEM Market, by Region, 2021-2026 (USD Million)
8.3 Retrofit
8.3.1 Maintenance and Repair Services of Systems Expected to Drive the Growth of this Segment
Table 20 Dynamic Positioning System Retrofit Market, by Region, 2017-2020 (USD Million)
Table 21 Dynamic Positioning System Retrofit Market, by Region, 2021-2026 (USD Million)
9 Dynamic Positioning System Market, by Type
9.1 Introduction
Figure 29 Dynamic Positioning System Market, by Type, 2021&2026 (USD Million)
Table 22 Dynamic Positioning System Market, by Type, 2017-2020 (USD Million)
Table 23 Dynamic Positioning System Market, by Type, 2021-2026 (USD Million)
9.1.1 Conventional Dynamic Positioning System
9.1.1.1 Conventional DPS Are Used on a Wide Variety of Vessels Such as Offshore Vessels, Tugs and Patrol Vessels, Passenger Vessels, Cargo Vessels, Etc.
9.1.2 Next-Generation Dynamic Positioning System
9.1.2.1 Growth of Next Generation DPS is Majorly Driven Due to the Demand for Autonomous Vessels, and Remote Operation.
10 Dynamic Positioning System Market, by Subsystem
10.1 Introduction
Figure 30 Dynamic Positioning System Market, by Subsystem, 2021 & 2026 (USD Million)
Table 24 Dynamic Positioning System Market Size, by Subsystem, 2017-2020 (USD Million)
Table 25 Dynamic Positioning System Market Size, by Subsystem, 2021-2026 (USD Million)
10.1.1 Impact of COVID-19 on the Installation of Dynamic Positioning Systems
10.1.2 Power Systems, Motors, & Drives
10.1.2.1 Vessels Equipped with DPS of Class 2 and 3 Require the Installation of An Automatic Power Management System.
10.1.3 Position Reference and Tracking Systems
10.1.3.1 Hydro-Acoustic Position Reference System
10.1.3.1.1 Hydro-Acoustic Position Reference System Used Transponder to Locate Predetermine Position in the Seabed
10.1.3.2 Differential GPS Reference System
10.1.3.2.1 Differential GPS Reference Systems Have to be Considered for Errors from Various Atmospheric Layers, and Multipath Distortions
10.1.3.3 Taut Wire Reference System
10.1.3.3.1 A Taut Wire Reference System is Highly Favorable in Shallow Waters
10.1.3.4 Laser-Based Reference System
10.1.3.4.1 Laser Reference System is Used as a Reference Sensor to Measure the Position of the Support Vessel in the Sea to a Structure Present in Offshore
10.1.4 DP Control Systems
10.1.4.1 the DP Control System is the Central Controlling Unit for the Dynamic Positioning System.
11 Regional Analysis
11.1 Introduction
Figure 31 North America Estimated to Hold Largest Share of Dynamic Positioning System Market in 2021
Table 26 Global: Dynamic Positioning System Market Size, by Region, 2017-2020 (USD Million)
Table 27 Global: Dynamic Positioning System Market Size, by Region, 2021-2026 (USD Million)
11.2 North America
11.2.1 PESTLE Analysis: North America
Figure 32 North America Dynamic Positioning System Market Snapshot
Table 28 North America: Dynamic Positioning System Market Size, by Country, 2017-2020 (USD Million)
Table 29 North America: Dynamic Positioning System Market Size, by Country, 2021-2026 (USD Million)
Table 30 North America: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 31 North America: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 32 North America: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 33 North America: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 34 North America: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 35 North America: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.2.1.1 US
11.2.1.1.1 Increase in the Naval, Cargo, and Offshore Ship Industry in the Country is Driving the Growth of the Market
Table 36 US: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 37 US: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 38 US: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 39 US: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 40 US: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 41 US: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.2.1.2 Canada
11.2.1.2.1 Increase in Commercial Ferry and Cargo Ship Industry in the Country is Driving the Growth of the Market
Table 42 Canada: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 43 Canada: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 44 Canada: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 45 Canada: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 46 Canada: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 47 Canada Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.2.1.3 Mexico
11.2.1.3.1 Growth of the Cargo Ship Industry in the Country is Driving the Market
Table 48 Mexico: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 49 Mexico: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 50 Mexico: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 51 Mexico: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 52 Mexico: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 53 Mexico: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3 Europe
11.3.1 PESTLE Analysis: Europe
Figure 33 Europe Dynamic Positioning System Market Snapshot
Table 54 Europe: Dynamic Positioning System Market Size, by Country, 2017-2020 (USD Million)
Table 55 Europe: Dynamic Positioning System Market Size, by Country, 2021-2026 (USD Million)
Table 56 Europe: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 57 Europe: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 58 Europe: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 59 Europe: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 60 Europe: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 61 Europe: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.1 Germany
11.3.1.1.1 Increase in Naval Vessel Activities and Export Sector Driving the Growth of the Market
Table 62 Germany: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 63 Germany: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 64 Germany: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 65 Germany: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 66 Germany: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 67 Germany: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.2 France
11.3.1.2.1 Shipbuilding and Naval Vessel Equipment Replacement Industries Driving Market Growth
Table 68 France: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 69 France: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 70 France: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 71 France: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 72 France: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 73 France: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.3 Italy
11.3.1.3.1 Increase in Commercial Ferries and Recreational Ship Industry is Driving the Growth of the Market
Table 74 Italy: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 75 Italy: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 76 Italy: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 77 Italy: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 78 Italy: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 79 Italy: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.4 Spain
11.3.1.4.1 Growth of the Shipbuilding and Cargo Ship Industries is Driving Market Growth
Table 80 Spain: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 81 Spain: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 82 Spain: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 83 Spain: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 84 Spain: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 85 Spain: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.5 UK
11.3.1.5.1 Rise in the Defense Sector and Offshore Ship Industry in the Country is Driving Market Growth
Table 86 UK: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 87 UK: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 88 UK: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 89 UK: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 90 UK: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 91 UK: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.3.1.6 Rest of Europe
11.3.1.6.1 Increase in Shipbuilding and New Technology in the Shipping Industry in the Region Are Driving Market Growth
Table 92 Rest of Europe: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 93 Rest of Europe: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 94 Rest of Europe: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 95 Rest of Europe: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 96 Rest of Europe: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 97 Rest of Europe: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4 Asia-Pacific
11.4.1 PESTLE Analysis: Asia-Pacific
Figure 34 Asia-Pacific Dynamic Positioning System Market Snapshot
Table 98 Asia-Pacific: Dynamic Positioning System Market Size, by Country, 2017-2020 (USD Million)
Table 99 Asia-Pacific: Dynamic Positioning System Market Size, by Country, 2021-2026 (USD Million)
Table 100 Asia-Pacific: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 101 Asia-Pacific: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 102 Asia-Pacific: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 103 Asia-Pacific: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 104 Asia-Pacific: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 105 Asia-Pacific: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.1 China
11.4.1.1.1 Increase in Global Trade and Cargo Ship Industry Driving Market Growth
Table 106 China: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 107 China: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 108 China: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 109 China: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 110 China: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 111 China: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.2 South Korea
11.4.1.2.1 Growth of the Shipbuilding Industry is Driving Market Growth
Table 112 South Korea: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 113 South Korea: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 114 South Korea: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 115 South Korea: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 116 South Korea: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 117 South Korea: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.3 Japan
11.4.1.3.1 Increase in Commercial Sea Trade and Shipbuilding Industry Driving Market Growth
Table 118 Japan: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 119 Japan: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 120 Japan: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 121 Japan: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 122 Japan: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 123 Japan: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.4 Australia
11.4.1.4.1 Increase in Container Operations and Sea Trade Driving Market Growth
Table 124 Australia: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 125 Australia: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 126 Australia: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 127 Australia: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 128 Australia: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 129 Australia: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.5 India
11.4.1.5.1 Increase in Global Sea Trade and Offshore Ship Industry Driving Market Growth
Table 130 India: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 131 India: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 132 India: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 133 India: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 134 India: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 135 India: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.4.1.6 Rest of Asia-Pacific
11.4.1.6.1 Increase in Recreational Maritime Activities and Sea Trade Are Driving Market Growth
Table 136 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 137 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 138 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 139 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 140 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 141 Rest of Asia-Pacific: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
11.5 Rest of the World
11.5.1 PESTLE Analysis: Rest of the World
Table 142 Rest of the World: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 143 Middle East & Latin America: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 144 Middle East & Latin America: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 145 Middle East & Latin America: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
Table 146 Rest of the World: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 147 Rest of the World: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
Table 148 Rest of the World: Dynamic Positioning System Market Size, by Region, 2016-2019 (USD Million)
Table 149 Rest of the World: Dynamic Positioning System Market Size, by Region, 2021-2026 (USD Million)
11.5.1.1 Middle East
11.5.1.1.1 Increasing Shipbuilding Activities Are Expected to Drive the Market in the Middle East Region
Table 150 Middle East: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 151 Middle East: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 152 Middle East: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 153 Middle East Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
Table 154 Middle East: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 155 Middle East: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
11.5.2 Latin America
Table 156 Latin America: Dynamic Positioning System Market Size, by Ship Type, 2017-2020 (USD Million)
Table 157 Latin America: Dynamic Positioning System Market Size, by Ship Type, 2021-2026 (USD Million)
Table 158 Latin America: Dynamic Positioning System Market Size, by End Use, 2017-2020 (USD Million)
Table 159 Latin America: Dynamic Positioning System Market Size, by End Use, 2021-2026 (USD Million)
Table 160 Latin America: Dynamic Positioning System Market Size, by Equipment Type, 2017-2020 (USD Million)
Table 161 Latin America: Dynamic Positioning System Market Size, by Equipment Type, 2021-2026 (USD Million)
12 Competitive Landscape
12.1 Introduction
12.2 Ranking of Leading Players, 2020
Figure 35 Market Ranking of Leading Players in the Dynamic Positioning System Market, 2020
12.3 Market Share Analysis of Leading Players, 2020
Figure 36 Market Share Analysis of Leading Players in the Dynamic Positioning System Market, 2020
12.4 Revenue Analysis of Top Five Market Players, 2020
Figure 37 Revenue Analysis of Leading Players in the Dynamic Positioning System Market, 2020
12.5 Competitive Overview
Table 162 Key Developments by Leading Players in the Dynamic Positioning System Market Between 2016 and 2020
12.6 Company Product Footprint Analysis
Table 163 Company Product Footprint
Table 164 Company Application Footprint
Table 165 Company Industry Footprint
Table 166 Company Region Footprint
12.7 Company Evaluation Quadrant
12.7.1 Star
12.7.2 Emerging Leader
12.7.3 Pervasive
12.7.4 Participant
Figure 38 Dynamic Positioning System Market: Competitive Leadership Mapping, 2020
12.8 Dynamic Positioning System Market Competitive Leadership Mapping (Startups)
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
Figure 39 Dynamic Positioning System Market (Startups) Competitive Leadership Mapping, 2020
12.9 Competitive Scenario
12.9.1 Deals
Table 167 Deals, 2016-2021
12.9.2 Product Launches
Table 168 Product Launches, 2017-2020
13 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, Analyst's View)*
13.1 Introduction
13.2 Key Players
13.2.1 Kongsberg Gruppen ASA
Figure 40 Kongsberg Gruppen ASA: Company Snapshot
Table 169 Kongsberg Gruppen ASA.: Business Overview
13.2.2 ABB Group
Figure 41 ABB Group: Company Snapshot
Table 170 ABB Group: Business Overview
13.2.3 General Electric Company
Figure 42 General Electric Company: Company Snapshot
Table 171 General Electric Company: Business Overview
13.2.4 Wartsila OYJ ABP
Figure 43 Wartsila OYJ ABP: Company Snapshot
Table 172 Wartsila OYJ ABP: Business Overview
13.2.5 Rolls-Royce plc.
Figure 44 Rolls-Royce plc: Company Snapshot
Table 173 Rolls-Royce plc: Business Overview
13.2.6 A.B. Volvo
Figure 45 A.B. Volvo: Company Snapshot
Table 174 A.B. Volvo: Business Overview
13.2.7 Twin Disc
Figure 46 Twin Disc: Company Snapshot
Table 175 Twin Disc: Business Overview
13.2.8 L3Harris (US)
Figure 47 L3Harris: Company Snapshot
Table 176 L3 Harris Technologies: Business Overview
13.2.9 Navis Engineering (Finland)
Table 177 Navis Engineering: Business Overview
13.2.10 Royal IHC
Table 178 Royal IHC: Business Overview
13.2.11 Marine Technologies LLC
Table 179 Marine Technologies LLC: Business Overview
13.2.12 Praxis Automation Technology Technology
Table 180 Praxis Automation Technology: Business Overview
13.2.13 Norr Systems
Table 181 Norr Systems Pte Ltd: Business Overview
13.2.14 Moxa Inc.
Table 182 Moxa Inc: Business Overview
13.2.15 Reygar
Table 183 Reygar: Business Overview
13.2.16 Comex
Table 184 Comex: Business Overview
13.2.17 Sonardyne
Table 185 Sonardyne: Business Overview
13.2.18 Alphatron Marine
Table 186 Alphatron Marine: Business Overview
13.2.19 Undheim Systems
Table 187 Undheim Systems.: Business Overview
13.2.20 Wartsila Guidance Marine
Table 188 Wartsila Guidance Marine: Business Overview
13.2.21 Thrustmaster of Texas
Table 189 Thrustmaster of Texas: Business Overview
13.2.22 Xenta Systems (Italy)
Table 190 Xenta Systems: Business Overview
13.2.23 RH Marine
Table 191 RH Marine: Business Overview
13.2.24 Raytheon Anschutz
Table 192 Raytheon Anschutz: Business Overview
13.2.25 Japan Radio Company Ltd.
Table 193 Japan Radio Company Ltd.: Business Overview
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, Analyst's View Might Not be Captured in Case of Unlisted Companies.
14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: the Subscription Portal
14.3 Available Customization

Companies Mentioned

  • A.B. Volvo
  • ABB Group
  • Alphatron Marine
  • Comex
  • General Electric Company
  • Japan Radio Company Ltd.
  • Kongsberg Gruppen ASA
  • L3Harris (US)
  • Marine Technologies LLC
  • Moxa Inc.
  • Navis Engineering (Finland)
  • Norr Systems
  • Praxis Automation Technology Technology
  • Raytheon Anschutz
  • Reygar
  • RH Marine
  • Rolls-Royce plc.
  • Royal IHC
  • Sonardyne
  • Thrustmaster of Texas
  • Twin Disc
  • Undheim Systems
  • Wartsila Guidance Marine
  • Wartsila OYJ ABP
  • Xenta Systems (Italy)

Methodology

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Table Information

Report AttributeDetails
No. of Pages217
PublishedMay 2021
Forecast Period2021 - 2026
Estimated Market Value ( USD ) in 2021 $ 6.3 Billion
Forecasted Market Value ( USD ) by 2026 $ 10.5 Billion
Compound Annual Growth Rate10.7%
Regions CoveredGlobal
No. of Companies Mentioned25

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