Dynamic Positioning Systems Market Report Scope & Overview:

The Dynamic Positioning Systems Market is evaluated at USD 6.78 billion in 2022 and is expected to reach USD 14.03 billion by 2030 and grow at a CAGR of 9.5% over the forecast period 2023-2030.

Dynamic positioning systems are computer-controlled systems that keep a vessel's heading and position by using its own thruster and propellers. It permits a vessel to retain its balance on its own. Dynamic positioning systems enable vessels to operate with greater reliability, positioning accuracy, and safety. As a result, technologies like this have been widely adopted across sectors and international marine organisations like General Electric Co. and Marine Technologies LLC. However, due to previously built subsea structures on the seabed, the deployment of these systems may be limited. However, due to the length and depth of mooring lines necessary in certain Deepwater production and exploration scenarios, dynamic positioning operated vessels may be the only realistic option.

Dynamic Positioning Systems Market Revenue Analysis

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Position reference sensors, in combination with motion sensors, wind sensors, and gyrocompasses, provide information to the computer system about the position, magnitude, and direction of environmental forces, allowing the vessel to maintain its position and balance. For energy efficiency, the dynamic positioning system is combined with mooring and anchoring to form position mooring systems.

Due to a surge in the number of dynamic position vessels such as survey vessels, drilling ships, supply vessels, diving support vessels, and others, the dynamic positioning system market has seen rapid expansion in recent years. Furthermore, technical advancements and the use of dynamic positioning vessels for offshore drilling by the oil industry are increasing demand for dynamic positioning systems. However, a scarcity of qualified dynamic position operators and system complexity are limiting industry expansion. Furthermore, the installation and operation of a dynamic positioning system are important roadblocks to the DPS market's expansion.



  • Increased seaborne trade all around the world

  • Advancement in technologies

  • The Offshore Shipping Industry's Operations are Growing


  • System complexity and initial installation costs

  • High Costs of Maintenance


  • Dynamic Positioning Systems Powered by Lasers

  • Shipping Industry with Self-Government


  • Unskilled Operators Have Difficulty Operating Complex Systems


Due to a government-imposed lockdown to track the spread of COVID-19 around the world, makers of dynamic positioning systems are being forced to shut down operations. Ship and component manufacturers are experiencing supply chain disruptions as a result of government transportation restrictions imposed in the aftermath of the COVID-19 epidemic. Failure to maintain vessels, which leads to operational failure, is one of the primary difficulties facing the maritime industry. Due to sporadic breakdowns, this causes delays and hindrances in the shipping business. One of the greatest problems for engineers in doing regular repairs was travel limitations caused by the pandemic.

These issues are being addressed in order to improve the industry's current situation. The cost of shipping is high because of low demand and limited vessel availability. This pattern is predicted to persist until the pandemic is over. Countries are currently focusing on sustaining supply chains to enable running enterprises; therefore, the shipping industry is anticipated to make efforts to solve the obstacles posed by COVID-19.

By Type

During the forecast period, the next generation sector is expected to grow at the fastest rate. The rise and development of autonomous vessels will primarily drive this industry. Several governments in various locations are now working on projects to bring autonomous vessels to the commercial market. Because autonomous vessels require minimum human intervention, there is a larger risk of inaccuracy, which could result in accidents. Dynamic positioning systems are therefore required. As a result, shipowners and OEM manufacturers are developing new dynamic positioning systems for autonomous vessels. As a result, for the anticipated period, this will be the primary elements driving growth in this segment.

By Equipment Type

During the forecast period, the class 2 dynamic positioning system segment is predicted to develop at the fastest rate. Commercial vessels, such as passenger ferries, cargo ships, dredgers, and others, use class 2 dynamic positioning systems. Because the class 2 dynamic positioning system is redundant, even if the active system fails, the dynamic positioning system will not fail.

By Application

Merchant vessels, offshore vessels, passenger ships, and naval vessels make up the market. The commercial vessels application segment is expected to be the largest. The strong growth of this segment can be due to the rising use of dynamic position (DP) boats for offshore drilling by the oil and gas industries.


By Type

  • Conventional

  • Next-generation

By Equipment Type

  • Class 1

  • Class 2

  • Class 3

By Sub-System

  • Position reference and tracking system

  • DP control systems

  • Power systems

  • Motors and Drives

By Application

  • Military

  • Commercial

By End-Use

  • OEM

  • Aftermarket

Dynamic Positioning Systems Market Segmentation Analysis

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In 2022, Asia-Pacific led the market. During the forecast period, growing economies such as China and India are expected to be the growth engines of the Asia-Pacific dynamic positioning systems market. The demand for dynamic positioning systems in the region is being driven by an increase in the number of offshore patrol vessels and technical advancements, which are the primary factors. During the projected period, North America and Europe are expected to offer significant growth prospects.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are ABBNavis Engineering Oy, Kongsberg Gruppen, General Electric, Wartsila Corporation, Rolls-Royce PLC, Marine Technologies LLC, Moxa Inc., L-3 Communications Holdings, Inc., Praxis Automation, Volvo Pent, and other players

Kongsberg Gruppen-Company Financial Analysis

Dynamic Positioning Systems Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 6.78 Billion
Market Size by 2030 US$ 14.03 Billion
CAGR CAGR of 9.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Conventional, Next-generation)
• By Equipment Type (Class 1, Class 2, Class 3)
• By Sub-System (Position reference and tracking system, DP control systems, Power systems, motors, and Drives)
• By Application (Military, Commercial)
• By End-Use (OEM, Aftermarket)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles ABB, Navis Engineering Oy, Kongsberg Gruppen, General Electric, Wartsila Corporation, Rolls-Royce PLC, Marine Technologies LLC, Moxa Inc., L-3 Communications Holdings, Inc., Praxis Automation, Volvo Pent, and other players.
DRIVERS • Increased seaborne trade all around the world
• Advancement in technologies
• The Offshore Shipping Industry's Operations are Growing
RESTRAINTS • System complexity and initial installation costs
• High Costs of Maintenance

Frequently Asked Questions

The growth rate of the Dynamic Positioning Systems Market is 9.5% over the forecast period 2023-2030.

Increasing seaborne trade all around the world, advancement in technologies, and growing offshore Shipping Industry's Operations are the driving factors of the Dynamic Positioning Systems Market.

The key players of the Dynamic Positioning Systems Market are ABB, Navis Engineering Oy, Kongsberg Gruppen, General Electric, Wartsila Corporation, Rolls-Royce PLC, Marine Technologies LLC, Moxa Inc., L-3 Communications Holdings, Inc., Praxis Automation, and Volvo Pent.

Dynamic Positioning Systems Market is segmented into 3 types: By Type, By Equipment Type, and By Application.

Asia-Pacific region dominated the Dynamic Positioning Systems Market.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Dynamic Positioning Systems Market, By Type

8.1 Conventional

8.2 Next-generation

9. Dynamic Positioning Systems Market, By Equipment Type

9.1 Class 1

9.2 Class 2

9.3 Class 3

10. Dynamic Positioning Systems Market, By sub-system

10.1 Position reference and tracking system

10.2 DP control systems

10.3 Power systems, motors, and Drives

11. Dynamic Positioning Systems Market, By Application

11.1 Military

11.2 Commercial

12. Dynamic Positioning Systems Market, By End-Use

12.2 OEM

12.3 Aftermarket

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3        Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4        Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5        The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6        Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America

14. Company Profiles

14.1 ABB Ltd

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 AB Volvo

14.3 General Electric Company

14.4 Kongsberg Gruppen ASA

14.5 L3Harris Technologies, Inc.

14.6 Marine Technologies, LLC

14.7 Navis Engineering Oy

14.8 Praxis Automation Technology B.V.

14.9 Reygar Ltd

14.10 Wärtsilä Corporation

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share Analysis

15.3 Recent Developments

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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