Dynamic positioning systems are 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.
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.
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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.
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