Global Helideck Monitoring System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Helideck Monitoring System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global helideck monitoring system market report has been segmented on the basis of system, system, vertical, and region.
Global Helideck Monitoring System Market: Overview
The helideck monitoring system is designed to abide by rules and regulation of region and aviation safety. It provides information regarding flight, screenshots to the operator of a helicopter for flight planning, and communication HSM data to remote or local users. It is also used for analyzing helideck motion during the helicopter take-offs and landings in order to improve safety in even unfavorable environmental conditions. This system monitors the direction and speed of the wind, barometric pressure, air temperature, vertical velocity, etc.
Global Helideck Monitoring System Market: Dynamics
Helideck monitoring system offers real-time data to the local operator regarding current existing conditions during helicopter operation. It is used offshore on floating production seismic vessels and storage vessels. Use of helideck monitoring system for offshore oil & gas exploration projects, as it can operate in harsh environmental conditions as well as improves the safety of the passengers and flight are major factors driving growth of the global helideck monitoring system market. In addition, rising adoption of advanced technology among end users to improve efficiency and security is another factor supporting growth of the global market. Furthermore, stringent maritime safety norms for safety is a factor supporting growth of the global helideck monitoring system market.
However, backlogs in deliveries of water vessels is a factor that may hamper growth of the global helideck monitoring system market. In addition, concerns regarding cyber-attack is another factor that could affect growth of the global market. Nevertheless, growing defense, as well as the commercial navy budget, can create high revenue opportunities for players in the target market.
Global Helideck Monitoring System Market: Segment Analysis
Among the system segments, the hardware segment is expected to register high in terms of revenue in the near future. Increasing adoption of the helideck monitoring system and sensors in these systems require often replacements are factors expected to drive growth of the target market in the near future.
Among the application segments, the commercial segment is expected to register lucrative growth in terms of revenue over the forecast period. An increasing number of vessels of commercial use and growing vessel traffic are factors supporting growth of the target market.
Global Helideck Monitoring System Market: Regional Analysis
Currently, the market in North America dominates the global market in terms of revenue and is expected to maintain its position over the forecast period. The market in Asia Pacific is expected to register the fastest growth in terms of revenue in the near future, followed by Europe, Latin America, and Middle East & Africa. Increasing adoption for helideck monitoring system, coupled with growing demand for new vessels are also factors supporting growth of the target market in this region. Moreover, rising military budget in countries such as China and India, adoption technologically advanced ships for naval forces are factors expected to propel growth of the helideck monitoring system in Asia Pacific region over the forecast period.
Global Helideck Monitoring System Market Segmentation:
Segmentation by System:
- Meteorology Sensor
- Wind Sensor
- Motion Sensor
Segmentation by Application:
Segmentation by Vertical:
- Oil & Gas
- Mobile Offshore Rigs
- Fixed Offshore Rigs
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Fugro N.V.
- Kongsberg Gruppen ASA
- Vaisala Oyj
- Miros AS
- Dynamax, Inc.
- RH Marine Group B.V.
- AWA Marine
- ASB Corporation
- ShoreConnection International AS
- Observator Group
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