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Helideck Monitoring System Market

Global Helideck Monitoring System Market Share, Forecast: By Vertical: Marine, Oil and Gas; By System: Hardware, Software; By Application: Commercial, Defence; By End Use: OEMs, Aftermarket; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Helideck Monitoring System Market Outlook

The global market for the helideck monitoring system reached a value of about USD 452.32 million in 2023. The market is further expected to grow at a CAGR of about 4.4% in the forecast period of 2024-2032 to reach a value of around USD 665.88 million by 2032.

 

helideck monitoring system market

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North America and the Asia Pacific to be Among the Significant Regional Markets for Helideck Monitoring System

The helideck monitoring system market in North America is expected to lead the global market. The booming oil and gas industries in the United States and Canada are too accountable for the region's expansion. The presence of the largest number of naval ships in the region will help the region grow even faster. The increased investment in the defence industry for the procurement of naval ships is predicted to augment the region's market growth.

The Asia Pacific region accounts for one of the largest shares of the market. Several countries in the region are increasing their defence and commercial marine fleets. The rise in vessel passenger traffic and military vessel induction in countries such as India, China, and Russia are driving the growth in the region. Increasing adoption of the helideck monitoring system, coupled with growing demand for new vessels, is also supporting the market growth in this region. Moreover, rising military budgets in countries such as China and India and the adoption of technologically advanced ships for naval forces are factors expected to propel the growth of the helideck monitoring system market in the Asia Pacific region over the forecast period.

 

Europe to Garner Significant Demand in the Coming Years

The helideck monitoring market in Europe is predicted to witness rapid growth during the forecast period due to the higher presence of helicopter fleets in countries such as the United Kingdom, France, Russia, and Germany. The presence of prominent players such as Fugro, Vaisala, Observator Group, and RH Marine will foster growth in the region. The increasing demand for wind sensors and GPS is further expected to propel market growth in the region.

 

Market Segmentations

The helideck monitoring system is developed to measure, calculate, and show all significant meteorological parameters in order to ensure maximum safety during helicopter landing and take-off operations. In order to conduct successful helicopter operations in an offshore setting, the system provides real-time meteorological information. It is implemented in both hardware and software.

 

helideck monitoring system market by segment

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By vertical, the market includes:

  • Marine
  • Oil and Gas

Based on the system, the market is divided into:

  • Hardware
  • Software

The significant applications of the market are:

  • Commercial
  • Defence

The end-uses of the market are:

  • OEMs
  • Aftermarket

The regional markets for the helideck monitoring system market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

 

helideck monitoring system market by region

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Increasing Number of Commercial Vessels and Ships Augmenting the Market Growth

The global market growth can be attributed to the increasing number of commercial vessels and ships, a surge in global vessel traffic and short replacement cycles of hardware components. An increase in oil and gas projects in an offshore environment upsurges the demand for helideck monitoring systems to better visualise the weather conditions, which is propelling the market growth. Similarly, the use of a helideck monitoring system is increasing to comply with marine regulations and other norms. These aspects are influencing the helideck monitoring system industry's growth positively. On the other hand, growing defence and the commercial navy budget can create high revenue opportunities for players in the target market. The rising adoption of advanced technology among end-users to improve efficiency and security is another driver supporting the market's growth. Stringent maritime safety norms for safety are also among the major factors supporting the growth of the helideck monitoring system market. The system also provides real-time information to helicopter pilots that can help during potential hazards in offshore operations, further driving the market growth. Along with this, an increase in the use of rotary aircraft as a means of fast and safe mode of transportation and the need for machinery that helps in monitoring the docking and flight time management by analysing weather and other factors has propelled the demand for the helideck monitoring system.

 

Key Players in the Global Market for Helideck Monitoring System

The report gives a detailed analysis of the following key players in the global helideck monitoring system market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ABB
  • ASB Systems Pvt Ltd.
  • Automasjon and Data AS
  • Fugro
  • Kongsberg
  • Miros Group
  • Observator Group
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vertical
  • System
  • Application
  • End Use
  • Region
Breakup by Vertical
  • Marine
  • Oil and Gas
Breakup by System
  • Hardware
  • Software
Breakup by Application
  • Commercial
  • Defence
Breakup by End Use
  • OEMs
  • Aftermarket
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ABB
  • ASB Systems Pvt Ltd.
  • Automasjon and Data AS
  • Fugro
  • Kongsberg
  • Miros Group
  • Observator Group
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Helideck Monitoring System Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Helideck Monitoring System Historical Market (2018-2023) 
    8.3    Global Helideck Monitoring System Market Forecast (2024-2032)
    8.4    Global Helideck Monitoring System Market by Vertical
        8.4.1    Marine
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Oil and Gas
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Helideck Monitoring System Market by System
        8.5.1    Hardware
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Software
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Helideck Monitoring System Market by Application
        8.6.1    Commercial
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Defence
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Helideck Monitoring System Market by End Use
        8.7.1    OEMs
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Aftermarket
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)    
    8.8    Global Helideck Monitoring System Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Helideck Monitoring System Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Helideck Monitoring System Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Helideck Monitoring System Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Helideck Monitoring System Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Helideck Monitoring System Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    ABB
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    ASB Systems Pvt Ltd.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Automasjon and Data AS
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Fugro
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Kongsberg
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Miros Group
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Observator Group
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Helideck Monitoring System Market: Key Industry Highlights, 2018 and 2032
2.    Global Helideck Monitoring System Historical Market: Breakup by Vertical (USD Million), 2018-2023
3.    Global Helideck Monitoring System Market Forecast: Breakup by Vertical (USD Million), 2024-2032
4.    Global Helideck Monitoring System Historical Market: Breakup by System (USD Million), 2018-2023
5.    Global Helideck Monitoring System Market Forecast: Breakup by System (USD Million), 2024-2032
6.    Global Helideck Monitoring System Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Helideck Monitoring System Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Helideck Monitoring System Historical Market: Breakup by End Use (USD Million), 2018-2023
9.    Global Helideck Monitoring System Market Forecast: Breakup by End Use (USD Million), 2024-2032
10.    Global Helideck Monitoring System Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Helideck Monitoring System Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Helideck Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Helideck Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Helideck Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Helideck Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Helideck Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Helideck Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Helideck Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Helideck Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Helideck Monitoring System Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Helideck Monitoring System Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global Helideck Monitoring System Market Structure

Key Questions Answered in the Report

In 2023, the global helideck monitoring system market attained a value of nearly USD 452.32 million.

The market is projected to grow at a CAGR of 4.4% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 665.88 million by 2032.

The major drivers of the market include the increasing demand for wind sensors and GPS, the surge in global vessel traffic, growing defence and the commercial navy budget, rising adoption of advanced technology, stringent maritime safety norms, and an increase in the use of rotary aircraft.

The rising number of commercial vessels and ships and the increase in oil and gas projects are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various verticals in the market are marine, oil and gas.

Based on the system, the market is divided into hardware and software.

The significant applications of the market include commercial and defence sectors.

The end-uses of the market are OEMs and aftermarkets.

The major players in the industry are ABB, ASB Systems Pvt Ltd., Automasjon and Data AS, Fugro, Kongsberg, Miros Group, and Observator Group, among others.

Analyst Review

The global helideck monitoring system market attained a value of USD 452.32 million in 2023, driven by the increasing number of commercial vessels and ships. Aided by the growing defence and commercial navy budget and increase in oil and gas projects, the market is expected to grow at a CAGR of 4.4% in the forecast period of 2024-2032. The market is projected to reach USD 665.88 million by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various verticals in the market are marine, oil and gas. Based on the system, the market is divided into hardware and software. The significant applications of the market are commercial and defence. The end-uses of the market are OEMs and aftermarkets. The major regional markets for the helideck monitoring system are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are ABB, ASB Systems Pvt Ltd., Automasjon and Data AS, Fugro, Kongsberg, Miros Group, and Observator Group, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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