In a recent research report by Maximize Market Research, the Global Dynamic Positioning Systems Market is expected to surpass US $9.07 billion by the year 2027, from US $4.17 billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 10.2%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value-Chain analysis, and the PORTER’s analysis for the Monitoring Equipment market at a global level.
The study is consolidated on the basis of five major segments and further into sub-segments, By Type (Conventional, Next Generation), By Equipment Type (Class 1, Class 2, Class 3), By Sub Systems (Power Systems, Motors & Drivers, DP Control Systems, Position Reference & Tracking System), By Application (Commercial, Military), and By End User (OEM, Aftermarket) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players- Marine Technologies, LLC, L3 Harris, Twin Disc, General Electric Company, Thrustmaster of Texas, Wartsila Guidance Marine, Sonardyne, Reygar, Rolls Royce PLC, Raytheon Anschutz, Kongsberg Gruppen, Undheim Systems, Navis Engineering, Alphatron Marine, Praxis Automation Technology, Royal IHC, Xenta Systems, ABB Group, Norr Systems Pte. Ltd., Moxa Inc., Japan Radio Company Ltd.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Dynamic Positioning Systems Market.”
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