The latest research study “Offshore Helicopter Services Market Growth: Global Industry Trends, Share, Size, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global offshore helicopter services market reached a value of US$ 2.43 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.96 Billion by 2027, exhibiting a CAGR of 3.10% during 2022-2027.
Offshore helicopter services refer to the process of monitoring and inspecting exploration of oil rigs and the transportation of goods and passengers. They are used to evacuate people in medical emergencies, inspect various equipment, deliver urgent supplies, and transport crew to the platform. These helicopters are also used for drilling, production, relocation, and decommissioning in adverse weather conditions. Over the years, offshore helicopter services have gained traction across the globe as they provide enhanced safety, operational efficiency, and improved situational awareness while preventing accidents and reducing overall costs.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Offshore Helicopter Services Market Trends and Drivers:
The market is primarily driven by significant developments in the offshore wind power industry. These offshore helicopter services are widely used for transferring the crew to the platforms for the maintenance of the wind turbines.
In addition, the integration of advanced technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and real-time data, in helicopter services enhance safety and assist pilots in decision-making during flights. This represents another major growth-inducing factor. Besides this, the development of lightweight and highly autonomous helicopters is also contributing to the market growth.
Furthermore, the growing demand for exploration and oil and gas drilling activities is also expected to create a favorable market outlook in the coming years.
|Offshore Helicopter Services Market Report Scope|
|Market size value in 2021||US$ 2.43 Billion|
|Market forecast in 2027||US$ 2.96 Billion|
|Growth Rate||CAGR of 3.10% from 2022 to 2027|
|Base year for estimation||2021|
Global Offshore Helicopter Services Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Airbus SE, Bristow Group Inc., CHC Helicopter, Falcon Aviation Services, Gulf Helicopters, Heligo Charters Pvt. Ltd., Héli-Union, Leonardo S.p.A., Lockheed Martin Corporation, NHV Group, Omni Helicopters International S.A. and Petroleum Helicopters International Inc.
The report has segmented the market on the basis of region, type, application and end use industry.
Breakup by Type:
- Light Helicopters
- Medium and Heavy Helicopters
Breakup by Application:
- Relocation and Decommissioning
Market Breakup by End Use Industry:
- Oil and Gas Industry
- Offshore Wind Power Industry
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.