Dynamic Positioning System Market Size, Share, Growth Analysis, By Type (Conventional Dynamic Positioning System, Next-Generation Dynamic Positioning System), By Subsystem (Power Systems, Motors, & Drives), By Class, By Application, By Fitting, By Region -Industry Forecast 2024-2031.

Global dynamic positioning system market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Dynamic Positioning System Market Top Player's Company Profiles

• Kongsberg Gruppen ASA   
• ABB Group   
• General Electric Company   
• Wartsila Oyj ABP   
• Rolls-royce Plc.   
• A.B. Volvo   
• Twin Disc   
• L3harris  
• Marine Technologies LLC   
• Praxis Automation Technology   
• Norr Systems   
• Moxa Inc.   
• Comex   
• Sonardyne  
• RTX Corporation  
• Thrustmaster Of Texas   
• Navtor AS  
• Furuno Electric Co., Ltd.  
• Schottel GmbH 

Dynamic Positioning System Market Recent Developments

• In February 2022, a Norwegian chemical company named Yara declared that Yara Birkeland which is the world’s first zero-emission and fully autonomous cargo ship finished its first maiden voyage in Norway; and it contains computers and sensors for enabling the vessel to operate through remote control or autonomously