Global Dynamic Positioning System Market 2022-2027

    Multi User License - $2,800

    In Stock

    Published- Sep 2022

    Number Of Pages -134

    GLOBAL DYNAMIC POSITIONING SYSTEM MARKET

    KEY FINDINGS

    1. The global market for Dynamic Positioning System is estimated to be $XXB in 2022 to $XXB in 2027, growth at a CAGR of XX% from 2022-2027 
    2. In 2021, there were 1,885 new ship orders across the world; this was an increase of 28% from 1,469 in 2020. 
    3. Geographically market was dominated by Asian countries as 989 ships were signed for China, followed by 406 from South Korea and 224  from Japan. 
    4. These 3 countries accounted for ~86% of the overall market volume in 2021 in terms of ship orders
    5. The development of the DP system has been experiencing great upward growth in 2022 due to an increase in the number of Cruise ships and yachts apart from the offshore fleets.
    6. DP technology allows precise vessel movement in many critical offshore operations like pipe laying, cable laying and especially sub-sea installation works, etc  with the help of satellites.
    7. The rise in seaborne trade throughout the world, a rise in the number of dynamic position ships, including survey and research vessels, and advancements in offshore drilling technology drive the global market growth.
    8. The UK Govt. plans to inject £4 billion into regional shipbuilding to deliver more than 150 new naval and civil vessels over the next 30 years.
    9. The advent of laser-based dynamic positioning systems, and technological innovations are forecast to   offer lucrative opportunities in the global marine dynamic positioning system.
    10. Oil tanker segment ships are one of the most penetrated by DP systems in Marine fleets. It includes Typical DP vessels include survey vessels, drilling ships, work boats, semi-submersible floating rigs, diving support vessels, 
    11. Norwegian company Kongsberg & L3Harris are the top players in the dynamic positioning system market globally
    12. Wartsila with its wide range of innovative, high-performance products for the marine and energy market, is the main reason for its growth in the Maritime Industry. 

     

    INTRODUCTION

    Wind, waves, and currents exert force on a seagoing vessel, as does the propulsion system. Dynamic positioning (DP) uses the ship’s propellers and thrusters to automatically maintain position and direction.

     

    Position-reference systems, gyrocompass, and vertical reference sensors track the ship’s response to these forces, such as changes in position, direction, and speed. Readings from the reference systems are rolled and panned using the vertical reference sensors. The wind sensors track the movement of the wind and record that information.

     

    One of these mathematical models includes information on how much wind and current drag there is on the ship and where each of its thrusters are located.

     

    This information, along with sensor data, enables the computer to determine the needed steering angle and thruster output for each thruster. This enables activities at sea where mooring or anchoring is not practicable because of deep water, congestion on the sea floor (pipelines, templates) or other issues.

     

    infographic: Dynamic Positioning System Market, Dynamic Positioning System Market Size, Dynamic Positioning System Market Trends, Dynamic Positioning System Market Forecast, Dynamic Positioning System Market Risks, Dynamic Positioning System Market Report, Dynamic Positioning System Market Share

     

    Dynamic positioning can be absolute or relative to a moving object, such as another ship or an underwater vehicle, in that the location is locked to a fixed point on the bottom.

     

    Dynamic Positioning is commonly employed aboard research ships and drilling boats that travel to the ocean’s depths, where conditions such as wind and waves are constantly changing. The laying of anchors may be a laborious task for a ship’s crew in these types of conditions. A ship equipped with Dynamic Positioning can keep track of the wind and waves and adjust its path accordingly without sacrificing its main objective.

     

     

    GLOBAL DYNAMIC POSITIONING SYSTEM MARKET DEVELOPMENTS AND INNOVATIONS

    The increase in the development of thrusters with new technologies, generated with the demand of DP vessels owners and operational needs. 

     

    On the sides, transverse thrusters for bow and stern tunnel thrusters, azimuth thrusters provided an added advantage for many DP-2 and DP-3 vessels’ main propulsors

     

    DP technology is making efforts to make DP vessels greener. Kongsberg has released the GreenDP system by employing the controller design

    Speed is reduced by using 2 engines instead of 4 engines while steaming and SCR to fix at 80% MCR or even lower. 

     

    Kongsberg Maritime has launched EcoAdvisor, an intelligent and dynamic decision support system for optimizing a range of vessel operations

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Raymarine, Emerson partner to deliver DockSense Control Raymarine DockSense Control technology was conceived, designed and proven effective in augmenting a captain’s boat-handling skills to avoid docking mishaps. The system uses an array of Teledyne FLIR stereoscopic cameras to establish, monitor, and render a Virtual Fender zone around the vessel. Visually represented on a Raymarine Axiom multifunction display, DockSense Control accurately senses pilings, dock edges and other vessels as they begin to encroach on the perimeter. USA This would enhance operational capability

     

     

    GLOBAL DYNAMIC POSITIONING SYSTEM MARKET DYNAMICS

     

    Recent years have seen rapid expansion in the dynamic positioning system industry as a result of a rise in the number of dynamic position ships such as survey vessels and drilling ships.

     

    Dynamic positioning system demand is also being boosted by advancements in offshore drilling technology and the use of dynamic positioning boats. Lack of qualified dynamic position operators and system complexity, on the other hand, are limiting market expansion. DPS market development is further hampered by the difficulty of installing and operating the system.

     

    Growing offshore windmill installations, increased offshore patrol vessel numbers, and increased deployment of research vessels are all driving development in the marine dynamic positioning system sector. Marine dynamic positioning systems are becoming increasingly popular.

     

    The rise of international maritime trade and the expansion of activities in the offshore sector also contribute to the industry’s expansion. The dynamic positioning system market is constrained by the projected slowdown in the shipbuilding and offshore industries, as well as the high maintenance requirements for mechanical components of the system.

     

    Dynamic positioning systems are well-known for their safe and accurate operations, which are widely utilised in the offshore business for a number of reasons. Effective marine operations, energy-efficient systems, and reduced operational expenses and emissions are just some of the advantages it brings.

     

    Deep-sea exploration and rising marine traffic in Asia-Pacific and the Middle East Africa region are driving the demand for Dynamic Positioning systems. Assuring safety operations and pushing from the government side also helps raise awareness among users. The shipping business is likewise expanding rapidly, providing several opportunities.

     

    From 2012 forward, Volvo Penta will offer its Assisted Docking system as a retrofit option for many yacht owners who have a Volvo Penta IPS (inboard performance system).

     

    The Volvo Penta Assisted Docking system automates a helmsman’s intentions, correcting for dynamic variables like wind and current and assisting the vessel in staying on course.

     

    From model year 2012 for EVCE and EVC2, the docking system is available as an aftermarket retrofit for D6-IPS, D8-IPS, and D11-IPS packages.

     

    The method of retrofitting Assisted Docking will vary by boat, ranging from a simple software update to full conversion kits that include the joystick, Dynamic Positioning System (DPS), antenna, and glass cockpit interface. Customers can meet with a Volvo Penta dealer to see whether Assisted Docking is right for them.

     

    This technology was previously only available on new boats, but they want to make sure that their existing customers can continue to improve their experience on the water as they continue to make boating more accessible, safer, and stress-free.

     

    They will continue to innovate and investigate how digital innovations might create a consistently improving experience for consumers by offering software upgrades for our Volvo Penta IPS system.

     

    Assisted Docking is a mix of automatic docking and manual docking that gives the captain more control over the boat during docking.

     

    The Asia Pacific is forecast to lead the marine DP system market over the forecast period. Due to an increase in seaborne trade in the region. 

     

    In India, the government is taking steps to promote maritime tourism, leading to a demand for new ships equipped with the latest technologies.

     

    GLOBAL DYNAMIC POSITIONING SYSTEM MARKET SEGMENTATION

     The Global Dynamic Positioning System Market can be segmented into following categories for further analysis.

     

    By Vessel Type

    • Tankers
    • Offshore Vehicles
    • Cruise Ships
    • Other Vessels

     

    By Geography

    • China
    • South Korea
    • Rest of Asia
    • ROW

     

    By Fitment

    • New Ship
    • Retrofit

     

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL DYNAMIC POSITIONING SYSTEM MARKET

    The DP systems produce a real-time representation of the vessel in the sea, taking into account the wind and currents that affect it, as well as the position and impact of the thrusters.

     

    The computer can use this data, as well as data from instruments like the Gyrocompass, to determine the needed steering angle and thruster power for each thruster in order to position the vessel. The electrical system aboard is critical to the system’s dependability.

     

    There has been recent production mechanism being taken into place for better technological implementations. The most recent development has been the Smart Predict which forms the foundation for moving forward to increased vessel automation.

     

    Infographic: Global Dynamic Positioning System Market, Global Dynamic Positioning System Market Size, Global Dynamic Positioning System Market Trends,  Global Dynamic Positioning System Market Forecast,  Global Dynamic Positioning System Market Risks, Global Dynamic Positioning System Market Report, Global Dynamic Positioning System Market Share

     

    Typical DP handles station-keeping and basic tracking functions, but as more operators look for the safety and reliability of automatic operations, each phase of vessel control will need to be validated and proven for true vessel autonomy to begin.

     

    Smart Predict is the first step towards the future of autonomous vessel manoeuvring. provides clear indications of potential dangers during ship manoeuvring immediately increasing the safety and efficiency of operations. This capability is targeted at passenger vessels but brings added safety to any vessel performing challenging manoeuvres.

     

    The advancement has also been placed in the software integration, wherein Manual orders from the coordinated joystick (3 axis); and lastly environmental data from the ship’s wind sensor are all inputs to the control algorithm. Every one of these variables is constantly revaluated to keep the vessel’s course up to date.

     

    It is possible to make better and safer judgments regarding ship handling by giving the operator a glimpse into the future. This will help prevent situations like those recently portrayed in the media when better navigational aids might have prevented property damage.

     

     

    NEW PRODUCT LAUNCH IN GLOBAL DYNAMIC POSITIONING SYSTEM

    The Dynamic Positioning (DP) technology of the corporation will now have improved operability, according to GE Power Conversion. The most recent version, which has just been released, is more environmentally friendly, better integrated, and most significantly, “mariner friendly.” are returning ship control to the crew.

     

    DP systems have evolved since their introduction almost 50 years ago, both in terms of configuration and functionality. The electrical and propulsion systems have both grown in complexity at the same time that sensors have become more advanced and numerous.

     

    The central computer control of a ship’s positioning system is also more complex, but the fundamental idea behind DP remains the same: to maintain position by using a computer system that receives signals from a variety of sensors to sense the environment, heading, position, and attitude, and then sends commands to the thrusters and propellers.

     

     Overall, it is in charge of the intricate procedures involved in keeping a spacecraft on station, which require a high degree of system automation in order for a single person to control the ship.

     

    As DP systems have become more complex and sophisticated, there is a concern that DP operators may have become more focused on operating the computer than on managing the main duty of controlling the ship’s position, heading, and course.

     

    Kongsberg received an order to install DP 3 system new CrewZer class vessels of US-based offshore marine support vessel operator SEACOR Marine.

     

    COMPETITIVE LANDSCAPE

    Marine dynamic positioning system is vital for the offshore vessels so that a small envelop of position is maintained. Drilling vessels, diving support vessels, supply vessels, floating, production vessels, storage vessels, and offloading vessels (FPSOs) are some of the ships equipped with dynamic positioning systems.

     

    Dynamic positioning (DP) systems enable ships to maintain their position and heading automatically. Originally, of interest to the offshore oil industry, DP has become a popular technology for a wide range of vessels from cruise ships and flotels through to cable-laying ships, cranes, and supply vessels of all types.

     

    Kongsberg is one of the major developer of dynamic positioning system in the marine and naval requirements. It has produced varied system classification and technologies as part of emerging requirements of fulfilment in the market. GreenDP® control, created by Kongsberg, cuts fuel usage and CO2 emissions by up to 20 percent.

     

    Using the GreenDP® control, the vessel is kept safe and secure within a predetermined operating range (range). Rather of reacting to the current conditions, this novel technique forecasts the vessel’s motion and uses a mechanism known as nonlinear model predictive control, which optimises the anticipated vessel offset vs the use of thrusters.

     

    Small and short-term disturbances that do not drive the vessel out of its operating boundaries are therefore filtered out.

     

    This allows for very smooth control, dramatically lowering peak loads and significantly reducing the wear and tear on thrusters and is part of KONGSBERG’s Green Ship Strategy.

     

    ABB Systems has been part of the development of marine system of incorporation which includes the positioning and better capabilities of operability. ABB Ability™ Marine Pilot Control’s superior manoeuvring capability is built around predicting where the vessel will be in 5-30 seconds instead of measuring its position on arrival.

     

    Software calculates the optimum way of executing decisions across the operational profile, depending on how the operator has prioritized speed, manoeuvrability, or other parameters. Integrating DP2 capabilities into ABB Ability™ Marine Pilot Control underpins ABB’s commitment towards autonomous operations.

     

    ABB Ability Marine Pilot Control’s DP optimizes energy efficiency against internal power plant status, thus adding value from the propeller up. This benefits responsiveness, efficiency, and sustainability of vessel operations. As an example, accurate forecasts that a slight load peak will last a short time can avoid powering up another diesel generator.

     

    Wärtsilä developed OPTI-DP Engagement Tool which takes all the calculations and data and allows multiple configurations to be modeled to ensure that the most efficient and safe thruster configuration can be achieved to deliver the thrust required for high performance dynamic positioning.

     

    L3Harris developed the Minehunting Propulsion System, with two or three retractable azimuthal thrusters providing an unparalleled adjustability to the vessel in all MCM operations in order to facilitate identification of underwater targets, ROV and boats launch and recovery without exposing at risk the vessel itself. 

     

    The system is designed with the aim of providing an extremely low signature to vessel when sailing in minehunting mode.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop