Industry Background:
A helideck monitoring system is developed to live, calculate, and visualize all-important atmospheric conditions to substantiate most safety at the time of chopper landing and take-off activities. The system offers period info on this weather to possess winning chopper operations in an offshore setting. Similarly, a rise within the homes of oil & gas in an offshore setting upsurges the demand for helideck observation systems still to raised visualize the atmospheric condition.
According to AMA Research, the market for Helideck Monitoring System is expected to register a CAGR of 3.8% during the forecast period to 2030. This growth is primarily driven by Growing Demand for the Exceptional Weather Information and Accurate Data Analysis
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Internet Software & Services sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Kongsberg Gruppen (Norway), Fugro (Netherlands), Vaisala (Finland), ABB (Switzerland), Automasjon & Data AS (Norway), KONGSBERG (Norway), Miros Group (Norway), Observator Group (The Netherlands), ShoreConnection International AS (Norway) and SMC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On August 10, 2023, Maritime London announced a partnership between the UK Department for Transport's Maritime and Coastguard Agency (MCA) and a consortium of companies, including Cavotec, MacGregor, and GE Aviation, to develop a next-generation helideck monitoring system.
On January 10, 2024, Saab announced the launch of its new Helideck Integrated Monitoring System (HIMS), which offers a comprehensive suite of features for monitoring helideck operations.The global market for helideck monitoring systems is fragmented by the global players owing to the demand for the system which monitors wind speed and direction, air temperature and barometric pressure, and helideck attitude and vertical velocity. Focusing on automatic generation of a helideck report and provision to the helicopters for the required application will help players grab market share.
Influencing Trend:
Rise in Research and Development Abilities in OEM
Market Growth Drivers:
Growing Demand for the Exceptional Weather Information and Accurate Data Analysis and Rising Offshore Application of Oil and Gas Industry
Challenges:
Less Awareness about the Product Helideck Monitoring System
Restraints:
Concerns about Cyber Attacks Hampers the Market Growth
Opportunities:
Rising Applications for Helideck Monitoring System in Defense and Marine Systems and Increasing Usage of Helideck Monitoring System in Real-Time Weather Tracking and Safety Systems
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Helideck Monitoring System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Helideck Monitoring System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Helideck Monitoring System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Helideck Monitoring System Study Sheds Light on
The Helideck Monitoring System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Helideck Monitoring System industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Helideck Monitoring System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.