Dynamic positioning systemsare computer driven system which
automatically maintain a vessel’s heading and positionwith the help
of its ownthrusters and propellers. It allows a vessel to
automatically maintain its balance. Vessels installed with dynamic
positioning systems have ability to operate with reliability,
positioning accuracy, and safety. Due to which, such systems have
been successfully accepted worldwide across various industries and
the international maritime organizations such as General Electric Co.
and Marine Technologies LLC. However, the deployment of these systems
might be restricted due to the previously installed subsea structures
on the seabed. But, for certain deepwater production and exploration
scenarios, dynamic positioning operated vessels might be the only
viable solution due to the length and depth of mooring lines
required. Dynamic positioning system includes position reference
sensors, combined with motion sensors, wind sensors, and
gyrocompasses which provide information to the computer system about
the position, magnitude and direction of environment forces in order
to maintain vessels position and balance. The dynamic positioning
system is also used in combination with mooring and anchoring to form
position mooring systems for energy efficiency.
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The dynamic positioning system market has been experiencing
accelerated growth in recent years due to increase in number of
dynamic position vessels like survey vessels, drilling ships, supply
vessels, diving support vessels and many more. Moreover,
technological improvement and usage of dynamic positioning vessels
for offshore drilling by oil industries is also boosting the demand
of dynamic positioning systems. But at the same time, lack of
competent dynamic position operators and system complexity is
restraining the market growth. In addition, installation and
operation of a dynamic positioning system are major challenges
restraining the DPS market growth.Application of dynamic positioning
system in floating production storage and offloading vessel
operations creates new opportunities to the dynamic positioning
system manufacturer. It is also expected that advancements in the
usage of condition-based monitoring systems as a part of vessel
maintenance strategies would shape and influence the dynamic
positioning system market.
The dynamic positioning systems market has been segmented by
sub-system, by reference system, by equipment type, by application
and by region. In terms of the equipment type, the dynamic
positioning system market is segmented into equipment class 1, class
2 and class 3. The sub-system segmentation covers thruster systems,
power systems, sensors and dynamic positioning control systems. On
the basis of reference system, the market is segmented into Artemis,
taut wire, differential global positioning systemhydro acoustic
position reference, and laser based systems. The market is also
segmented on the basis of applications, such as merchant vessels,
passenger ships, naval vessels, and offshore vessels. Based on the
geographic regions, the dynamic positioning systems market is
categorized into Latin America, Europe, Middle East and Africa,
Asia-Pacific (APAC), and North America. The increasing deep-sea
excavations and the rising maritime trade with the Asia-Pacific and
Africa regions is boosting the market growth. Moreover, safety
operations across deep ocean waters during offshore oil and gas
operations is accelerating the demand for dynamic positioning systems
in Asia-Pacific region.
Some of the key players in dynamic positioning systems market are
Rolls-Royce PLC, Marine Technologies LLC, Kongsberg Gruppen ASA, L-3
Communications corp., General Electric Co.,NORR Systems Pvt. Ltd.,
Navis Engineering Oy, AB Volvo Penta, and Praxis Automation and
Technology B.V.
This report is a complete study of current trends in the market,
industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a
review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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