Worldwide Integrated Marine Automation Systems Industry to 2026 - Rising Initiatives for the Development of Autonomous Ships Presents Opportunities prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The dynamic positioning system market is projected to grow from USD 6.3 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 10.7% between 2021 and 2026.
The increase in seaborne trade across the globe, cargo ship industry and shipbuilding industries are driving the market growth of the dynamic positioning system market.
Based on end user, the OEM segment is anticipated to grow at a higher CAGR during the forecast period
Based on end user, the OEM segment is anticipated to grow at a higher CAGR than the aftermarket segment during the forecast period. Original equipment manufacturers (OEMs) offer line fit and new product demand, thereby saving the time consumed in the installation of components post-delivery. Shipowners are preferring OEM segment over aftermarket segment as the OEM segment offers valuable post Purchase maintenance and training which is considered to be very essential for the dynamic po
autoevolution
One man’s garbage is another man’s treasure and all that. In the case of the latest project from Arksen, this isn’t just an empty phrase either: it’s a philosophy that guides the development of a new explorer series embodied in the flagship Arksen 85, also dubbed Project Ocean.
The Arksen 85 Project Ocean Explorer Is Waste Put to Excellent Use 24 May 2021, 7:26 UTC ·
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Introduced in 2019 as a concept and detailed in late 2020, when construction had already started at the Wight Shipyard Company (WSC) on the Isle of Wight in the UK, Project Ocean is a bold look into a sustainable future. We’ve spoken about explorers and explorer superyachts before and how they strive to enable adventurers to take on the biggest challenges (and adventures) possible with minimal impact on the environment, but Project Ocean is more than empty words. It is happening right now, so if you’ll allow for one more cliché, it is the future made real today.