Offshore Helicopter Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Offshore Helicopter Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global offshore helicopter services market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.

Offshore helicopter services refer to the practice of monitoring and inspecting oil rigs and the transportation of goods and passengers. Medium, heavy and light are some of the commonly used types of helicopters in these services. They are also widely used for drilling, production, relocation, decommissioning, and transporting supplies and equipment during construction and subsea exploration. Offshore helicopter services consist of a ground station, transceiver, processor, combat cabinet, and power supply. They widely offer services to oil and gas rigs, offshore windfarms by delivering urgent supplies, evacuating people in medical emergencies and transporting crew to the platform. These services ensure operation efficiency and safety, and increase situational awareness, thus resulting in reduced accidents and operational costs.

Offshore Helicopter Services Market Trends:
Significant growth across the offshore wind power industry across the globe is creating a positive outlook for the market. Offshore helicopter services are used for transferring the crew to the platforms for the maintenance of the wind turbines as they face rougher, harsher and corrosive environments. In line with this, the increasing demand for exploration activities, coupled with the ultra-deep-water and deep-water activities is favoring the market growth. Moreover, the large-scale incorporation of the Internet of Things (IoT), artificial intelligence, and real-time data in helicopter services to enhance safety and assist pilots in decision-making during flights are also providing an impetus to the market growth. Additionally, the development of lightweight and highly autonomous helicopters that offer reliable, faster, and user-friendly technologies are positively impacting the market growth. Other factors, including increasing demand for oil and gas drilling activities and extensive fundings in research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global offshore helicopter services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end use industry.

Breakup by Type:

Light Helicopters
Medium and Heavy Helicopters

Breakup by Application:

Drilling
Production
Relocation and Decommissioning
Others

Breakup by End Use Industry:

Oil and Gas Industry
Offshore Wind Power Industry
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Bristow Group Inc., CHC Helicopter, Falcon Aviation Services, Gulf Helicopters, Heligo Charters Pvt. Ltd., Héli-Union, Leonardo S.p.A., Lockheed Martin Corporation, NHV Group, Omni Helicopters International S.A. and Petroleum Helicopters International Inc.

Key Questions Answered in This Report

1. What was the size of the global offshore helicopter services market in 2022?
2. What is the expected growth rate of the global offshore helicopter services market during 2023-2028?
3. What are the key factors driving the global offshore helicopter services market?
4. What has been the impact of COVID-19 on the global offshore helicopter services market?
5. What is the breakup of the global offshore helicopter services market based on the type?
6. What is the breakup of the global offshore helicopter services market based on the end use industry?
7. What are the key regions in the global offshore helicopter services market?
8. Who are the key players/companies in the global offshore helicopter services market?