Helicopter Meteorological Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Helicopter Meteorological Software Market
The helicopter meteorological software market size was valued at USD 104.7 billion in 2022, and the market is now projected to grow from USD 111.8 billion in 2023 to USD 178.3 billion by 2030, exhibiting a CAGR of 6.9% during the forecast period of 2023-2030.
The COVID-19 pandemic brought forth a twin effect available to be had in the marketplace, offering annoying conditions and opportunities. With the outbreak causing international disruptions given that December 2019, aviation operations faced a standstill, impacting helicopter production because of disrupted supply chains and absence of uncooked substances. As meteorological software program application plays a pivotal characteristic in helicopters, the marketplace witnessed a downturn in name for amidst the pandemic.
The marketplace is experiencing a surge in helicopter deliveries, ensuing in an growth of the helicopter fleet. Given the necessity for real-time atmospheric and climate records for secure helicopter operation, the demand for helicopters throughout numerous packages is regularly growing. This growing fleet requires green weather monitoring software program to ensure safe operations in various and often tough environments. As a end result, the marketplace for weather tracking software program is poised for huge boom to satisfy the escalating needs of helicopter pilots and operators alike.
The integration of Artificial Intelligence (AI) into meteorological software for helicopters marks a vast development in latest years. This AI-driven era complements the accuracy and velocity of climate predictions, permitting better selection-making for pilots. As a end result, AI has emerged as a prominent trend in helicopter meteorological software program, with many operators and producers adopting AI-enabled solutions for greater unique meteorological assessments. This innovation reflects a growing emphasis on leveraging present day technology to enhance safety and performance in helicopter operations.
Comprehensive Analysis of Helicopter Meteorological Software Market
The helicopter meteorological software market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by type analysis, by application analysis and by offering analysis. By type analysis includes, helicopter and heliports/helipads. By application analysis include, emergency medical services, corporate services, search & rescue, oil & gas, homeland security, transportation, and others. By offering analysis includes, electronic flight display (EFD) software, application based software, PC/desktop software, and mobile software.
The North America region lead the helicopter meteorological software market share by benefitting a market size of USD 33.4 billion in 2022 due toincreasing demand for helicopters for various commercial applications.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include All Weather, Inc. (U.S.), Automasjon & Data AS (Norway), Campbell Scientific (U.S.), DTN LLC (U.S.), EUROAVIONICS GmbH (Germany), ForeFlight LLC (U.S.), HELI EFB GmbH (Germany), Honeywell International Inc. (U.S.), InControl AS (Norway), KONGSBERG Gruppen ASA (Norway), Leonardo S.p.A. (Italy), these market players provide a level-playing competitive landscape.
In March 2023, the global conglomerate Leonardo S.p.A unveiled market acceptance of Lidar-based technology for advanced weather forecasting through its subsidiary Leonardo Germany GmbH, showcasing powerful developments with the SIKRON3D system.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2020-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 6.9% from 2023 to 2030
Unit Value (USD Million)
Segmentation By Type
Helicopter
Heliports/Helipads
By Application
Emergency Medical Services
Corporate Services
Search & Rescue
Oil & Gas
Homeland Security
Transportation
Others
By Offering
Electronic Flight Display (EFD) Software
Application Based Software
PC/Desktop Software
Mobile Software
By Region
North America (By Type, Application, Offering, and Country)
- U.S. (By Type)
- Canada (By Type)
Europe (By Type, Application, Offering, and Country)
- U.K. (By Type)
- Germany (By Type)
- France (By Type)
- Russia (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Type, Application, Offering, and Country)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Australia (By Type)
- Rest of Asia Pacific (By Type)
Rest of the World (By Type, Application, Offering, and Country)
- Latin America (By Type)
- Middle East & Africa (By Type)
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