Dynamic Positioning Systems Market Growing at the Fastest Rate in APAC and North America

The report “Dynamic Positioning Systems Market by Equipment type (Class 1, class 2, class 3), Application (Bulk Carrier, Gas Tanker, Ferries, Cruise, Amphibious, Destroyer, Frigate), End use (OEM, Retrofit), Type, Sub-system, and Region – Global Forecast to 2026″, is estimated to be USD 6.3 billion in …

The Dynamic Positioning Systems Market is Estimated at $13.7 Billion in 2014

Dynamic positioning (DP) is a computer-controlled system to automatically maintain a vessel’s position and heading by using its own propellers and thrusters. Position reference sensors, combined with wind sensors, motion sensors and gyro compasses, provide information to the computer pertaining to the vessel’s position and the magnitude and …