Dynamic positioning (DP) is a computer-controlled system to automatically maintain a vessel’s position and heading by using its own propellers and thrusters. Position reference sensors, combined with wind sensors, motion sensors and gyrocompasses, provide information to the computer pertaining to the vessel’s position and the magnitude and direction of environmental forces affecting its position.
The expected downturn in the offshore industry and the weakening shipbuilding industry are anticipated to impact the overall marine dynamic positioning system market in the coming years. The deterioration in the market conditions for offshore oil & gas industry and decline in oil prices are some of the reasons that restrain the market growth. In addition, global oversupply, recessions, and change in economic fundamentals limit the growth of the shipbuilding industry.
The growth of the marine dynamic positioning system industry is driven by the growth in offshore windmill installations, increase in the number of offshore patrol vessels, and rise in deployment of research vessels.
Africa is one of the fastest-growing markets for dynamic positioning systems due to increase in the end users of dynamic positioning systems. Africa’s economic development was fueled by activities related to extraction of massive energy sources. Due to the presence of a significant number of natural resources, various non-African companies are willing to contribute towards the development of the African maritime sector.
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The global Marine Dynamic Positioning System market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Marine Dynamic Positioning System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Marine Dynamic Positioning System market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Marine Dynamic Positioning System Market report are Kongsberg Maritime, General Electric, Wärtsilä, Marine Technologies, Moxa, Navis Engineering, Volvo Penta, Praxis Automation Technology, Rolls-Royce, Twindisc, Reygar, Guidance Marine, Naudeq Company, Comexand more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Marine Dynamic Positioning System Market Overview
2 Global Marine Dynamic Positioning System Market Competition by Manufacturers
3 Global Marine Dynamic Positioning System Production Market Share by Regions
4 Global Marine Dynamic Positioning System Consumption by Regions
5 Global Marine Dynamic Positioning SystemProduction, Revenue, Price Trend by Type
6 Global Marine Dynamic Positioning System Market Analysis by Applications
7 Company Profiles and Key Figures in Marine Dynamic Positioning System Business
8 Marine Dynamic Positioning System Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Marine Dynamic Positioning System Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source