Market Overview:
The global offshore helicopter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for helicopters for various applications such as drilling, oil and gas industry, offshore wind industry, and others. Additionally, the growing demand for helicopters in emerging countries is also contributing to the growth of this market. However, factors such as high maintenance and operational costs are restraining the growth of this market. The global offshore helicopter market can be segmented on the basis of type into light helicopters, medium helicopters, and heavy helicopters. The light helicopter segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its low cost and easy operability as compared with other types of helicopters.
Product Definition:
An offshore helicopter is a helicopter used to transport personnel and equipment to or from an offshore oil or gas platform. Offshore helicopters are typically larger than those used for other applications, and may be equipped with features such as hoists, winches, and weather radar.
Light Helicopters:
Light helicopters are used for rescue operations, law enforcement, disaster relief and medical evacuation. They are also used in tourism and commercial applications including air taxi services. The global light helicopter market is expected to witness significant growth over the forecast period owing to its ability to perform various operations at lower operating costs than large choppers.
Medium and Heavy Helicopters:
Medium and heavy helicopters are used in offshore helicopter market for transportation of personnel and goods. The demand for these helicopters is expected to witness significant growth over the forecast period owing to rise in global offshore E&P activities coupled with increasing onshore production around the world.
Application Insights:
The others application segment includes rescue and emergency services, offshore wind industry, and others. The offshore wind industry is expected to witness significant growth over the forecast period owing to the increasing need for energy generation across various regions. The oil and gas industry accounted for more than 40% of the overall revenue in 2017.
Offshore helicopters are used extensively in oil & gas activities as they provide flexibility in working hours as well as allow early bird arrivals at remote locations with minimum travel time, thereby saving both time and cost involved in road transportation of goods or materials from one place to another on a platform or vessel located at sea level.
Regional Analysis:
North America was the largest regional market in 2017 and accounted for a share of over 30%. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing offshore drilling activities coupled with rising oil production in Mexico. In addition, favorable government policies such as “Offshore Energy Strategy†adopted by the U.S government are likely to boost offshore energy resources development across various regions globally thereby driving industry expansion.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to growing investments from foreign players along with increasing number of helicopter contracts signed between countries like China and India for providing enhanced services during field operations & exploration activities at sea/offshore areas respectively are projected to drive this market further. Moreover, presence of prominent OEMs such as AgustaWestland in India will also help propel product demand across this region eventually boosting revenue generation worldwide through exports alone or through partnerships/collaboration agreements etc.
Growth Factors:
- Increasing demand for offshore oil and gas exploration and production is expected to drive the growth of the global offshore helicopter market during the forecast period.
- The increasing number of deepwater and ultra-deepwater oilfields is also projected to fuel the demand for offshore helicopters in the coming years.
- Growing investments in renewable energy sources, such as wind and solar power, are anticipated to create new opportunities for the offshore helicopter market over the next few years.
- Proliferation of unmanned aerial vehicles (UAVs) is expected to hamper the growth of this market during the forecast period. However, UAVs are not a direct substitute for helicopters and are used mainly for reconnaissance purposes; hence, they are not likely to have a significant impact on this market’s growth prospects over medium or long term horizons . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Offshore Helicopter Market Research Report
By Type
Light Helicopters, Medium and Heavy Helicopters
By Application
Drilling, Oil and Gas Industry, Offshore Wind Industry, Others
By Companies
Bell Textron Inc, Airbus, United Technologies Corporation, Russian Helicopters JSC, Leonardo, Lockheed Martin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Offshore Helicopter Market Report Segments:
The global Offshore Helicopter market is segmented on the basis of:
Types
Light Helicopters, Medium and Heavy Helicopters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Drilling, Oil and Gas Industry, Offshore Wind Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bell Textron Inc
- Airbus
- United Technologies Corporation
- Russian Helicopters JSC
- Leonardo
- Lockheed Martin
Highlights of The Offshore Helicopter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Helicopters
- Medium and Heavy Helicopters
- By Application:
- Drilling
- Oil and Gas Industry
- Offshore Wind Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Offshore Helicopter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Offshore Helicopter is a type of helicopter that is operated off the coast of a country other than its own.
Some of the major companies in the offshore helicopter market are Bell Textron Inc, Airbus, United Technologies Corporation, Russian Helicopters JSC, Leonardo, Lockheed Martin.
The offshore helicopter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Offshore Helicopter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Offshore Helicopter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Offshore Helicopter Market - Supply Chain
4.5. Global Offshore Helicopter Market Forecast
4.5.1. Offshore Helicopter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Offshore Helicopter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Offshore Helicopter Market Absolute $ Opportunity
5. Global Offshore Helicopter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Offshore Helicopter Market Size and Volume Forecast by Type
5.3.1. Light Helicopters
5.3.2. Medium and Heavy Helicopters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Offshore Helicopter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Offshore Helicopter Market Size and Volume Forecast by Application
6.3.1. Drilling
6.3.2. Oil and Gas Industry
6.3.3. Offshore Wind Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Offshore Helicopter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Offshore Helicopter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Offshore Helicopter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Offshore Helicopter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Offshore Helicopter Demand Share Forecast, 2019-2026
9. North America Offshore Helicopter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Offshore Helicopter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Offshore Helicopter Market Size and Volume Forecast by Application
9.4.1. Drilling
9.4.2. Oil and Gas Industry
9.4.3. Offshore Wind Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Offshore Helicopter Market Size and Volume Forecast by Type
9.7.1. Light Helicopters
9.7.2. Medium and Heavy Helicopters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Offshore Helicopter Demand Share Forecast, 2019-2026
10. Latin America Offshore Helicopter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Offshore Helicopter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Offshore Helicopter Market Size and Volume Forecast by Application
10.4.1. Drilling
10.4.2. Oil and Gas Industry
10.4.3. Offshore Wind Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Offshore Helicopter Market Size and Volume Forecast by Type
10.7.1. Light Helicopters
10.7.2. Medium and Heavy Helicopters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Offshore Helicopter Demand Share Forecast, 2019-2026
11. Europe Offshore Helicopter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Offshore Helicopter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Offshore Helicopter Market Size and Volume Forecast by Application
11.4.1. Drilling
11.4.2. Oil and Gas Industry
11.4.3. Offshore Wind Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Offshore Helicopter Market Size and Volume Forecast by Type
11.7.1. Light Helicopters
11.7.2. Medium and Heavy Helicopters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y rowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Offshore Helicopter Demand Share, 2019-2026
12. Asia Pacific Offshore Helicopter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Offshore Helicopter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Offshore Helicopter Market Size and Volume Forecast by Application
12.4.1. Drilling
12.4.2. Oil and Gas Industry
12.4.3. Offshore Wind Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Offshore Helicopter Market Size and Volume Forecast by Type
12.7.1. Light Helicopters
12.7.2. Medium and Heavy Helicopters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Offshore Helicopter Demand Share, 2019-2026
13. Middle East & Africa Offshore Helicopter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Offshore Helicopter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Offshore Helicopter Market Size and Volume Forecast by Application
13.4.1. Drilling
13.4.2. Oil and Gas Industry
13.4.3. Offshore Wind Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Offshore Helicopter Market Size and Volume Forecast by Type
13.7.1. Light Helicopters
13.7.2. Medium and Heavy Helicopters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Offshore Helicopter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Offshore Helicopter Market: Market Share Analysis
14.2. Offshore Helicopter Distributors and Customers
14.3. Offshore Helicopter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bell Textron Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Airbus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. United Technologies Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Russian Helicopters JSC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Leonardo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lockheed Martin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook