Latin America Dynamic Positioning System Market Size & Outlook
Latin America dynamic positioning system market highlights
- The Latin America dynamic positioning system market generated a revenue of USD 388.2 million in 2024.
- The market is expected to grow at a CAGR of 6.5% from 2025 to 2033.
- In terms of segment, class 1 was the largest revenue generating component in 2024.
- Class 1 is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 388.2 million |
| Market revenue in 2033 | USD 677.9 million |
| Growth rate | 6.5% (CAGR from 2025 to 2033) |
| Largest segment | Class 1 |
| Fastest growing segment | Class 1 |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Class 1 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global dynamic positioning system market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,930.5 million by 2033.
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Dynamic Positioning System Market Scope
Dynamic Positioning System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SIREHNA | View profile | 101-250 | Bouguenais, Pays de la Loire, France, Europe | https://www.sirehna.com |
| Praxis Automation Technology | View profile | 51-100 | Leiderdorp, Zuid-Holland, The Netherlands, Europe | https://www.praxis-automation.com |
| Brunvoll | View profile | 101-250 | Molde, More og Romsdal, Norway, Europe | https://www.brunvoll.no/ |
| Marine Technologies LLC. | View profile | 11-50 | Mandeville, Louisiana, United States, North America | http://mtllc.us |
| Navis Engineering | View profile | 101-250 | Vantaa, Southern Finland, Finland, Europe | https://navisincontrol.com/ |
| Japan Radio Company | View profile | 1001-5000 | Tokyo, Tokyo, Japan, Asia | http://www.jrc.co.jp/eng/ |
| Twin Disc | View profile | 501-1000 | Racine, Wisconsin, United States, North America | http://www.twindisc.com/ |
| Sonardyne International | View profile | 251-500 | Blackbushe, Hampshire, United Kingdom, Europe | http://sonardyne.com |
| Moxa | View profile | 501-1000 | Brea, California, United States, North America | http://www.moxa.com/ |
| Kongsberg Gruppen ASA | View profile | 13602 | Kirkegardsveien 45, Kongsberg, Norway, N-3616 | https://www.kongsberg.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| GE Vernova Inc | View profile | - | 58 Charles Street, Cambridge, MA, United States, | https://www.gevernova.com |
| Wartsila Corp | View profile | 17909 | Hiililaiturinkuja 2, Helsinki, Finland, FI-00180 | https://www.wartsila.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Latin America dynamic positioning system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dynamic positioning system market will help companies and investors design strategic landscapes.
Class 1 was the largest segment with a revenue share of 105.41% in 2024. Horizon Databook has segmented the Latin America dynamic positioning system market based on class 1 covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of dynamic positioning system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America dynamic positioning system market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dynamic positioning system market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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