Market Overview:
The global ship dynamic positioning systems (DPS) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger ships, merchant vessels, offshore vessels, and naval vessels across the globe. Additionally, factors such as technological advancements and rising maritime safety concerns are also contributing to the growth of this market. Based on type, power systems accounted for a major share of the global ship DPS market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to increasing demand for electric propulsion systems in marine applications. Thruster systems are another key segment of this market and is projected grow at a CAGR of 4%.
 Industry Outlook.svg)
Product Definition:
Ship Dynamic Positioning Systems (DPS) is a system that uses thrusters to maintain the position and orientation of a ship. DPS is important because it allows ships to stay in one place without having to use anchors, which can damage the seafloor.
Power Systems:
Power systems are the heart of ship dynamic positioning systems. They provide power to move the ship’s equipment and parts around, for example, in a drydocking procedure or when loading/unloading at a port. Power is required to maintain position while sailing as well as to keep the equipment operational during docking procedures.
The global market size was valued at USD 6,867 million in 2015.
Thruster Systems:
Thruster systems are propulsion engines that provide directional control by pushing or pulling the fluid in which it is installed. There are two types of thruster systems used in ship dynamic positioning system, namely; reaction and direct drive. The type of system used depends on the power required to move the ship at a particular speed and its application area.
Application Insights:
The global demand for ships has witnessed a paradigm shift due to the growing need for efficient transportation solutions. The changing consumer preference towards automobiles and rising concerns regarding vehicle safety are expected to drive the demand for ship-borne vehicles, thereby influencing the market growth over the forecast period.
Merchant vessels accounted for more than 70% of overall industry revenue in 2017 owing to their ability to transport large number of passengers and goods with less fuel consumption as compared with other modes of transportation such as trucks or trains. Furthermore, increasing investments by companies operating in various sectors including energy, chemicals and pharmaceuticals are anticipated to augment industry growth over the coming years.
Regional Analysis:
The North American region dominated the global ship dynamic positioning systems (DPS) market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing offshore drilling activities, which has led to an increase in vessels operating in deepwater ports across the globe. In addition, rising oil & gas exploration activities are also anticipated to drive demand for deepwater drilling vessels, thereby driving industry growth over the next eight years.
Asia Pacific is estimated to witness significant growth during the forecast period owing to several upcoming construction projects that include cruise ships and other commercial vessels along with offshore drilling rigs and support vessels. Furthermore, growing industrialization coupled with rapid urbanization has resulted into increased maritime transportation services across developing countries such as China and India; hence positively impacting overall market development during future years.
Growth Factors:
- Increasing demand for maritime transport: The global seaborne trade has been growing at a CAGR of around 4% in the past few years and is expected to grow further in the coming years, driven by factors such as globalization, rising middle-class population, and growth of e-commerce. This will result in increasing demand for maritime transport services, which will drive the growth of the DPS market.
- Proliferation of new shipbuilding technologies: Shipbuilders are increasingly adopting innovative shipbuilding technologies such as 3D printing and modular construction that help reduce lead time and costs. This is resulting in the development of more advanced ships with better performance characteristics that require DPS systems for accurate positioning and control.
- Growing popularity of autonomous ships: Autonomous shipping is gaining traction due to its potential benefits such as improved safety, reduced environmental impact, and increased efficiency. As autonomous ships become more common, there will be an increased need for DPS systems to ensure safe navigation through challenging sea conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Dynamic Positioning Systems (DPS) Market Research Report
By Type
Power Systems, Thruster Systems, DP Control Systems, Sensors
By Application
Passenger Ships, Merchant Vessels, Offshore Vessels, Naval Vessels
By Companies
General Electric, Wartsila Oyj ABP, ABB, Rolls-Royce, L-3 Communications Holdings, Navis Engineering, Praxis Automation & Technology, NORR Systems, Moxa, Marine Technologies, Guidance Navigation Limited, Kongsberg Maritime, COMEX, Mitsui Engineering & Shipbuilding, NAUDE, SIREHNA, Twin Disc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Ship Dynamic Positioning Systems (DPS) Market Report Segments:
The global Ship Dynamic Positioning Systems (DPS) market is segmented on the basis of:
Types
Power Systems, Thruster Systems, DP Control Systems, Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Ships, Merchant Vessels, Offshore Vessels, Naval Vessels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric
- Wartsila Oyj ABP
- ABB
- Rolls-Royce
- L-3 Communications Holdings
- Navis Engineering
- Praxis Automation & Technology
- NORR Systems
- Moxa
- Marine Technologies
- Guidance Navigation Limited
- Kongsberg Maritime
- COMEX
- Mitsui Engineering & Shipbuilding
- NAUDE
- SIREHNA
- Twin Disc
 Market Overview.svg)
Highlights of The Ship Dynamic Positioning Systems (DPS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Power Systems
- Thruster Systems
- DP Control Systems
- Sensors
- By Application:
- Passenger Ships
- Merchant Vessels
- Offshore Vessels
- Naval Vessels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ship Dynamic Positioning Systems (DPS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ship Dynamic Positioning Systems (DPS) are a type of navigation system that uses sensors to measure the position and movement of ships and other vessels. The data is then used to generate accurate positions for the ship or vessels.
Some of the key players operating in the ship dynamic positioning systems (dps) market are General Electric, Wartsila Oyj ABP, ABB, Rolls-Royce, L-3 Communications Holdings, Navis Engineering, Praxis Automation & Technology, NORR Systems, Moxa, Marine Technologies, Guidance Navigation Limited, Kongsberg Maritime, COMEX, Mitsui Engineering & Shipbuilding, NAUDE, SIREHNA, Twin Disc.
The ship dynamic positioning systems (dps) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ship Dynamic Positioning Systems (DPS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ship Dynamic Positioning Systems (DPS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ship Dynamic Positioning Systems (DPS) Market - Supply Chain
4.5. Global Ship Dynamic Positioning Systems (DPS) Market Forecast
4.5.1. Ship Dynamic Positioning Systems (DPS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ship Dynamic Positioning Systems (DPS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ship Dynamic Positioning Systems (DPS) Market Absolute $ Opportunity
5. Global Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
5.3.1. Power Systems
5.3.2. Thruster Systems
5.3.3. DP Control Systems
5.3.4. Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
6.3.1. Passenger Ships
6.3.2. Merchant Vessels
6.3.3. Offshore Vessels
6.3.4. Naval Vessels
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ship Dynamic Positioning Systems (DPS) Demand Share Forecast, 2019-2026
9. North America Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
9.4.1. Passenger Ships
9.4.2. Merchant Vessels
9.4.3. Offshore Vessels
9.4.4. Naval Vessels
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
9.7.1. Power Systems
9.7.2. Thruster Systems
9.7.3. DP Control Systems
9.7.4. Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ship Dynamic Positioning Systems (DPS) Demand Share Forecast, 2019-2026
10. Latin America Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
10.4.1. Passenger Ships
10.4.2. Merchant Vessels
10.4.3. Offshore Vessels
10.4.4. Naval Vessels
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
10.7.1. Power Systems
10.7.2. Thruster Systems
10.7.3. DP Control Systems
10.7.4. Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ship Dynamic Positioning Systems (DPS) Demand Share Forecast, 2019-2026
11. Europe Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
11.4.1. Passenger Ships
11.4.2. Merchant Vessels
11.4.3. Offshore Vessels
11.4.4. Naval Vessels
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
11.7.1. ower Systems
11.7.2. Thruster Systems
11.7.3. DP Control Systems
11.7.4. Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ship Dynamic Positioning Systems (DPS) Demand Share, 2019-2026
12. Asia Pacific Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
12.4.1. Passenger Ships
12.4.2. Merchant Vessels
12.4.3. Offshore Vessels
12.4.4. Naval Vessels
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
12.7.1. Power Systems
12.7.2. Thruster Systems
12.7.3. DP Control Systems
12.7.4. Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ship Dynamic Positioning Systems (DPS) Demand Share, 2019-2026
13. Middle East & Africa Ship Dynamic Positioning Systems (DPS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Application
13.4.1. Passenger Ships
13.4.2. Merchant Vessels
13.4.3. Offshore Vessels
13.4.4. Naval Vessels
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ship Dynamic Positioning Systems (DPS) Market Size and Volume Forecast by Type
13.7.1. Power Systems
13.7.2. Thruster Systems
13.7.3. DP Control Systems
13.7.4. Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ship Dynamic Positioning Systems (DPS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ship Dynamic Positioning Systems (DPS) Market: Market Share Analysis
14.2. Ship Dynamic Positioning Systems (DPS) Distributors and Customers
14.3. Ship Dynamic Positioning Systems (DPS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wartsila Oyj ABP
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rolls-Royce
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. L-3 Communications Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Navis Engineering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Praxis Automation & Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NORR Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Moxa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Marine Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Guidance Navigation Limited
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kongsberg Maritime
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMEX
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mitsui Engineering & Shipbuilding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NAUDE
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SIREHNA
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Twin Disc
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
