Helideck monitoring system market ecosystem comprises helideck monitoring system providers, such as Kongsberg Gruppen (Norway), Fugro (Netherlands), and Vaisala (Finland), & manufacturers of different types of helideck monitoring systems. Helideck monitoring system offerings are also taken into consideration to determine market segmentation. Bottom-up procedure has been employed to arrive at the overall size of the helideck monitoring system market from revenue of key players in the market.
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The helideck monitoring system market is projected to grow from an estimated USD 192.8 million in 2018 to USD 240.1 million by 2023, at a CAGR of 4.49 % from 2018 to 2023. Increase in the number of offshore oil & gas exploration projects and growth of the marine industry are the key factors driving the growth of the helideck monitoring system market.
2 Supply Chain
3 Prominent Companies
4 Small and Medium Enterprises
5 End Users (Aircraft Manufacturers & Airline Companies)
6 Key Influencers
7 Emerging Trends
8 Development of Smart Antennas
9 Micro-Electro-Mechanical Systems (MEMS) Sensors
10 Emergence of Wireless Sensor Networks
Research methodology used to estimate & forecast the helideck monitoring system market begins with capturing of data on revenues of key market players through secondary sources, such as International Air Transport Association (IATA), Department of Defense (DoD), and paid databases.
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The helideck monitoring system offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the helideck monitoring system market from the revenue of key players in the market.
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Helideck monitoring system market than the defense segment in 2017. The growth of the commercial segment can be attributed to the growing number of helideck installations on commercial ships, such as tanker containers and bulk carriers.
Offshore oil rigs of various types also have helideck monitoring systems installed in them.
Key Target Audience for this Report:
- Manufacturers of Helideck Monitoring Systems
- Providers or Suppliers of Helideck Monitoring System Parts
- Manufacturers of Subcomponents
- Retailers, Distributors, and Wholesalers of Helideck Monitoring Systems
- Technology Support Providers
- Manufacturers of Defense Components
- Manufacturers of Electronic Components
- System Integrators
- Governmental Bodies
Study on helideck monitoring system market answers several questions for stakeholders, primarily which market segments they need to focus upon during next two to five years to prioritize their efforts and investments. Data triangulation & market breakdown procedures have been employed to complete overall market engineering process & arrive at exact statistics for all segments and subsegments.
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Asia Pacific region estimated to account for largest share of helideck monitoring system market in 2018. Presence of major ship manufacturers and growing trade by emerging economies are among the most significant factors driving demand for helideck monitoring systems in this region.
Asia Pacific is expected to continue leading helideck monitoring system market during the forecast period.
1 Attractive Opportunities in the Helideck Monitoring System Market
2 Helideck Monitoring Systems Market, By Application
3 Helideck Monitoring Systems Market, By Vertical
4 Helideck Monitoring Systems Market, By System
5 Helideck Monitoring Systems Market, By Region
The market study segments the helideck monitoring system market based on vertical (oil & gas and marine), system (hardware and software), application (commercial and defense), end use (OEM and aftermarket),and maps these segments and subsegments across 4major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW).
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