Offshore Helicopter Services Market Introduction and Overview
According to SPER Market Research, the Global Offshore Helicopter Services Market is estimated to reach USD 5.36 billion by 2033 with a CAGR of 6.23%.
The report includes an in-depth analysis of the Global Offshore Helicopter Services Market, including market size and trends, product mix, distribution channels, and supplier analysis. Offshore helicopter services are an important mode of transportation between land and isolated ocean locations such as oil rigs or platforms. These services use helicopters that can take off and land vertically, allowing them to reach offshore locations without requiring large runways. Helicopters serve as flying taxis, allowing for the safe and timely transfer of people and cargo to and from these remote sites. They are critical in assisting activities such as oil drilling and rescue missions. Offshore helicopter services are a lifeline, ensuring that vital resources and personnel be quickly carried to their destinations in vast and difficult marine environments.
- Offshore Activity Expansion: As the need for oil and gas exploration and production in offshore areas grows, so does the demand for transportation services to support these activities. Offshore helicopter services transport employees, equipment, and supplies to and from offshore oil rigs and platforms.
- Emergency Management and Search-and-Rescue Activities: Offshore helicopter services are essential for delivering quick emergency response and search-and-rescue capabilities in isolated marine locations, boosting safety and security in offshore operations.
Market Opportunities and Challenges
The global offshore helicopter services market offers considerable market opportunities as well as major business challenges. The market's opportunities derive from rising demand for offshore industries such as oil and gas exploration and production, as well as the expanding offshore wind energy sector. The increased number of offshore wind farms, as well as the requirement for transportation to these remote locations, create new revenue streams for helicopter service companies. Furthermore, the expansion of international business and tourism in offshore areas creates a prospective market for luxury transports and sightseeing tours.
However, the market faces a number of challenges. Offshore helicopter operations must prioritize safety since they frequently operate in adverse weather conditions and over large bodies of water. Maintaining helicopter reliability and adhering to strict safety regulations are critical to the industry's success. Furthermore, the oil and gas industry's cyclical nature might affect demand for offshore services, causing market swings. Additional problems include economic uncertainty, regulatory complications, and rivalry among service suppliers.
Market Competitive Landscape
The global offshore helicopter market competitive landscape is defined by fierce competition among numerous helicopter service providers fighting for a part of the expanding demand. The market is dominated by established businesses with substantial experience and a broad fleet of helicopters. Companies having a significant global presence and a history of offering dependable offshore helicopter services include Airbus SE, Leonardo S.p.A., and Lockheed Martin Corporation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application, By End User
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Airbus SE, Bristow Group Inc., CHC Helicopter, Falcon Aviation Services, Gulf Helicopters, Heligo Charters Pvt. Ltd., Héli-Union, Leonardo S.p.A, NHV Group, Omni Helicopters International S.A. |
COVID-19 Impact on Global Offshore Helicopter Services Market
The global offshore helicopter services market has been significantly impacted by the COVID-19 outbreak. As the virus spread over the world, it caused significant disruptions in a variety of businesses, including offshore activity. Due to diminished demand and falling oil prices, the oil and gas industry, a key consumer of offshore helicopter services, underwent a severe slowdown. Many offshore projects were postponed or cancelled, reducing demand for transportation to and from offshore rigs and platforms. Similarly, the offshore wind energy sector encountered difficulties during the epidemic, with project delays and supply chain interruptions affecting wind farm installation and maintenance. As a result, helicopter services required to support these offshore wind farms were temporarily reduced.
Key Target Audience:
- Oil and Gas Companies
- Helicopter Operators
- Offshore Contractors
- Helicopter Manufacturers
- Investor and Financial Institutions
- Emergency Response and Search and Rescue Agencies
Our in-depth analysis of the Offshore Helicopter Services Market includes the following segments:
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By Type:
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Heavy
Light
Medium
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By Application:
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Goods Transport
Inspection, Monitoring and Surveying
Passenger Transport
Search and Rescue
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By End User:
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Oil and Gas Industry
Offshore Wind Industry
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Key Topics Covered in the Report:
- Global Offshore Helicopter Services Market Size (FY’2023-FY’2033)
- Description of Global Offshore Helicopter Services Market
- Segmentation of Global Offshore Helicopter Services Market By Type (Light, Medium, Heavy)
- Segmentation of Global Offshore Helicopter Services Market By Application (Inspection, Monitoring and Surveying, Passenger Transport, Goods Transport, Search and Rescue, Others)
- Segmentation of Global Offshore Helicopter Services Market By End User (Oil and Gas Industry, Offshore Wind Industry, Others)
- Statistical Snap of Global Offshore Helicopter Services Market
- Expansion Analysis of Global Offshore Helicopter Services Market
- Problems and Obstacles in Global Offshore Helicopter Services Market
- Competitive Landscape in the Global Offshore Helicopter Services Market
- Impact of COVID-19 and Demonetization on Global Offshore Helicopter Services Market
- Details on Current Investment in Global Offshore Helicopter Services Market
- Competitive Analysis of Global Offshore Helicopter Services Market
- Prominent Players in the Global Offshore Helicopter Services Market
- SWOT Analysis of Global Offshore Helicopter Services Market
- Global Offshore Helicopter Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Offshore Helicopter Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Offshore Helicopter Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Offshore Helicopter Services Market
7. Global Offshore Helicopter Services Market, By Type (USD Million)
7.1. Global Offshore Helicopter Services Market Value Share and Forecast, By Type, 2023-2033
7.2. Heavy
7.3. Light
7.4. Medium
8. Global Offshore Helicopter Services Market, By Application (USD Million)
8.1. Global Offshore Helicopter Services Market Value Share and Forecast, By Application, 2023-2033
8.2. Goods Transport
8.3. Inspection, Monitoring and Surveying
8.4. Passenger Transport
8.5. Search and Rescue
8.6. Others
9. Global Offshore Helicopter Services Market, By End User (USD Million)
9.1. Global Offshore Helicopter Services Market Value Share and Forecast, By End User, 2023-2033
9.2. Oil and Gas Industry
9.3. Offshore Wind Industry
9.4. Others
10. Global Offshore Helicopter Services Market Forecast, 2019-2033 (USD Million)
10.1. Global Offshore Helicopter Services Market Size and Market Share
11. Global Offshore Helicopter Services Market, By Type, 2019-2033 (USD Million)
11.1. Global Offshore Helicopter Services Market Size and Market Share By Type (2019-2026)
11.2. Global Offshore Helicopter Services Market Size and Market Share By Type (2027-2033)
12. Global Offshore Helicopter Services Market, By Application, 2019-2033 (USD Million)
12.1. Global Offshore Helicopter Services Market Size and Market Share By Application (2019-2026)
12.2. Global Offshore Helicopter Services Market Size and Market Share By Application (2027-2033)
13. Global Offshore Helicopter Services Market, By End-User, 2019-2033 (USD Million)
13.1. Global Offshore Helicopter Services Market Size and Market Share By End-User (2019-2026)
13.2. Global Offshore Helicopter Services Market Size and Market Share By End-User (2027-2033)
14. Global Offshore Helicopter Services Market, By Region, 2019-2033 (USD Million)
14.1. Global Offshore Helicopter Services Market Size and Market Share By Region (2019-2026)
14.2. Global Offshore Helicopter Services Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Airbus SE
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Bristow Group Inc.
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. CHC Helicopter
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Falcon Aviation Services
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Gulf Helicopters
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Heligo Charters Pvt. Ltd.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Leonardo S.p.A.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. NHV Group
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Omni Helicopters International S.A.
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
