Insights on the $2.43 Billion Offshore Helicopter Services Global Market to 2027 - by Type, Application, End-use Industry and Region

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May 04, 2022, 12:00 ET

DUBLIN, May 4, 2022 /PRNewswire/ -- The "Offshore Helicopter Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global offshore helicopter services market reached a value of US$ 2.43 billion in 2021. Looking forward, the market is projected to reach a value of US$ 2.96 billion by 2027, exhibiting a CAGR of 3.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.

Offshore helicopter services refer to the practice of monitoring and inspecting oil rigs and the transportation of goods and passengers. Medium, heavy and light are some of the commonly used types of helicopters in these services. They are also widely used for drilling, production, relocation, decommissioning, and transporting supplies and equipment during construction and subsea exploration. Offshore helicopter services consist of a ground station, transceiver, processor, combat cabinet, and power supply. They widely offer services to oil and gas rigs, offshore windfarms by delivering urgent supplies, evacuating people in medical emergencies and transporting crew to the platform. These services ensure operation efficiency and safety, and increase situational awareness, thus resulting in reduced accidents and operational costs.

Offshore Helicopter Services Market Trends

Significant growth across the offshore wind power industry across the globe is creating a positive outlook for the market. Offshore helicopter services are used for transferring the crew to the platforms for the maintenance of the wind turbines as they face rougher, harsher and corrosive environments. In line with this, the increasing demand for exploration activities, coupled with the ultra-deep-water and deep-water activities is favoring the market growth.

Moreover, the large-scale incorporation of the Internet of Things (IoT), artificial intelligence, and real-time data in helicopter services to enhance safety and assist pilots in decision-making during flights are also providing an impetus to the market growth. Additionally, the development of lightweight and highly autonomous helicopters that offer reliable, faster, and user-friendly technologies are positively impacting the market growth. Other factors, including increasing demand for oil and gas drilling activities and extensive fundings in research and development (R&D) activities, are anticipated to drive the market further.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Bristow Group Inc., CHC Helicopter, Falcon Aviation Services, Gulf Helicopters, Heligo Charters Pvt. Ltd., Heli-Union, Leonardo S.p.A., Lockheed Martin Corporation, NHV Group, Omni Helicopters International S.A. and Petroleum Helicopters International Inc.

Key Questions Answered in This Report

How has the global offshore helicopter services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global offshore helicopter services market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the End-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global offshore helicopter services market and who are the key players?
What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Offshore Helicopter Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type
6.1 Light Helicopters
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Medium and Heavy Helicopters
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Application
7.1 Drilling
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Production
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Relocation and Decommissioning
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by End Use Industry
8.1 Oil and Gas Industry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offshore Wind Power Industry
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Airbus SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Bristow Group Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 CHC Helicopter
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Falcon Aviation Services
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Gulf Helicopters
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Heligo Charters Pvt. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Heli-Union
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Leonardo S.p.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Lockheed Martin Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 NHV Group
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Omni Helicopters International S.A.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Petroleum Helicopters International Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio