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Transparency Market Research forecasts Dynamic Positioning Growth

Transparency Market Research forecasts Dynamic Positioning Growth

Transparency Market Research forecasts Dynamic Positioning Growth

A report released by Transparency Market Research on December 15 forecasts that dynamic positioning systems increasingly will be used over the next several years. This report is one of several released in recent months indicating growth trends in the global dynamic positioning market over the next 5-10 years and beyond. The report notes that the global DP systems market has been growing rapidly since 2014, as supply vessels, drilling ships, survey vessels, diving support vessels, offloading vessels, floating production storage, and others increasingly turn to DP systems. One major contributor to the global growth in DP systems is maritime trade in the Asia Pacific region. The report predicts the growth to continue at least through 2022. Additional details are available here.