Marine dynamic positioning system market seen reaching $17.6B by 2030

Jun. 24, 2026
By AI, Created 00:30 UTC, Jun 24, 2026, AGP -

Allied Market Research projects the marine dynamic positioning system market will grow from $5.6 billion in 2020 to $17.6 billion by 2030, driven by seaborne trade, offshore activity and autonomous ship development. Asia-Pacific is expected to lead growth as ship demand and maritime investment rise.

Why it matters: - Marine dynamic positioning systems are becoming more important as ships and offshore vessels need greater positioning accuracy, automation and operational stability. - The market outlook points to rising demand across commercial shipping, naval fleets and offshore operations through 2030. - Asia-Pacific is expected to be the fastest-growing region, which could shift procurement and manufacturing demand toward the region.

What happened: - Allied Market Research said the global marine dynamic positioning system market was valued at $5.6 billion in 2020. - The firm estimates the market will reach $17.6 billion by 2030. - The forecast implies a 12.54% compound annual growth rate from 2021 to 2030. - The report was published June 24, 2026. - Get the sample pages for the research report.

The details: - Asia-Pacific is expected to dominate the global market because of rising seaborne trade. - India’s maritime tourism initiatives are expected to increase demand for new ships with the latest technology. - Offshore drilling technology improvements and wider deployment of offshore patrol vessels are also supporting growth in Asia-Pacific. - The report says laser-based dynamic positioning systems, autonomous ship development and other technology advances could open new growth opportunities. - High system complexity and high maintenance costs are expected to limit market growth. - By subsystem, the market includes control system, power system and thruster system. - Thruster systems held the largest share in 2020. - Thruster systems help maintain vessel heading and position by countering movement beneath the water surface. - By equipment class, the market is split into class 1, class 2 and class 3. - Class 2 systems are used on commercial vessels including container ships, ferries, cruise ships and cargo ships. - Class 2 systems include redundancy so a single active-system fault does not cause failure. - By application, the market covers naval vessels, offshore vessels and others. - Naval vessels use dynamic positioning in mine countermeasures, amphibious landing, submarine rescue and pollution control. - Dynamic positioning systems improve accuracy and security for these naval applications. - The U.S., China and Japan use dynamically positioned vessels in naval, coast guard and auxiliary fleets. - By sales channel, the market is divided into original equipment manufacturer and retrofit. - The report covers North America, Europe, Asia-Pacific and LAMEA. - The COVID-19 pandemic slowed supply chains, cut business confidence and disrupted production and sales. - Temporary shipyard shutdowns reduced demand for marine dynamic positioning systems. - Reduced trade, lower ship production, higher fuel prices and weak market conditions also hurt the market during the pandemic. - Irving Shipbuilding temporarily shut down the Halifax shipyard for three weeks in 2020, delaying ship deliveries underway there. - Lower offshore activity and reduced defense budgets further limited sales during the pandemic. - Key companies named in the report include ABB Ltd., AB Volvo, General Electric Company, Kongsberg Gruppen ASA, L3Harris Technologies, Marine Technologies, Navis Engineering Oy, Praxis Automation Technology, Reygar Ltd. and Wartsila Corporation. - Procure the full report or ask a buying question.

Between the lines: - The strongest growth signal comes from offshore activity and fleet modernization, not just from new vessel construction. - Class 2 and class 3 systems appear positioned for stronger demand because commercial and naval operators increasingly want redundancy and higher reliability. - The report’s emphasis on autonomous ships suggests dynamic positioning may become a core enabling technology for future vessel automation.

What's next: - Asia-Pacific is projected to post the highest CAGR during the forecast period. - Control systems, class 3 equipment and naval vessel applications are each expected to see significant growth. - Original equipment manufacturer sales are also expected to expand faster than other channels. - Allied Market Research is directing readers to its sample pages, purchase page and inquiry page for more information. - More information is available on the company’s social channels: LinkedIn, Facebook, YouTube and X.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Transportation Professional Times

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Transportation Professional Times

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.