Global Helideck Monitoring System Market Size By Component (Sensors, Software, Display & Communication System), By System Type (Hardware Systems, Software Systems), By Application (Oil and Gas, Marine, Defence), By Geographic Scope And Forecast

Helideck Monitoring System Market Size And Forecast

Helideck Monitoring System Market size was valued at USD 196.52 Million in 2024 and is projected to reach USD 273.12 Million by 2031, growing at a CAGR of 4.20% during the forecasted period 2024 to 2031.

The market is growing as a result of offshore oil and gas platforms using more helideck monitoring systems to ensure helicopter safety during takeoff and landing. The demand for helideck monitoring systems is further increased by growing investments in offshore exploration and production activities, particularly in emerging nations. North America is predicted to hold the biggest market share throughout the forecast period because of the presence of numerous important players in the area and the growing demand for oil and gas in the region. The Global Helideck Monitoring System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Helideck Monitoring System Market Definition

A monitoring and control system for helidecks on ships, offshore platforms, and other structures is called the Helideck Monitoring System (HMS). The main function of an HMS is to ensure people’s safety while operating helicopters and to provide a safe environment for helicopters to land. The system, which is made up of numerous sensors, cameras, and communication tools, keeps an eye on the atmosphere, the condition of the helideck, and any potential hazards that might have an impact on helicopter operations. It also has the capability to interrupt helicopter operations if necessary and a warning system to warn staff of any potential hazards.

Global Helideck Monitoring System Market Overview

The Helideck Monitoring System Market is driven by rising demand for offshore oil and gas exploration and production operations, where helicopters are employed to transport employees and equipment. The growth of the tourism sector, which makes use of helicopters for transportation and sightseeing, also adds to the rise in demand for HMS. In conclusion, the demand for offshore oil and gas exploration and production activities, the growth of the tourism sector, and the need for increased safety during helicopter operations will all contribute to the market for helideck monitoring systems expanding significantly in the years to come.

A cutting-edge device called Helideck Monitoring System (HMS) keeps track of the health and status of helidecks on offshore oil and gas platforms. The HMS system contributes to improving helicopter operations’ safety and effectiveness by lowering the risk of accidents and assuring adherence to rules and regulations.

Global Helideck Monitoring System Market Segmentation Analysis

The Global Helideck Monitoring System Market is Segmented on the basis of Component, System Type, Application, and Geography.

Helideck Monitoring System Market, By Component

• Sensors
• Software
• Display & Communication System
• Others

Based on Component, the market is segmented into sensors, software, display & communication systems, and others. The sensors segment is expected to hold the largest market share due to its ability to collect data on various parameters such as wind speed, temperature, and humidity, among others.

Helideck Monitoring System Market, By System Type

• Hardware Systems
• Software Systems

Based on System Type, the market is segmented into hardware systems and software systems. The hardware systems segment is expected to hold the largest market share due to its ability to collect data in real-time and provide accurate and reliable information to operators.

Helideck Monitoring System Market, By Application

• Oil and Gas
• Marine
• Defence
• Others

Based on Application, the market is segmented into oil and gas, marine, defence, and others. The oil and gas segment is expected to hold the largest market share due to the increasing number of offshore drilling activities and the need for advanced safety systems. The marine segment is also expected to grow at a significant rate due to the increasing demand for advanced monitoring systems in ships and vessels.

Helideck Monitoring System Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Based on regional analysis, the Global Helideck Monitoring System Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is expected to dominate the market due to the increasing number of offshore oil and gas activities in countries such as China, India, and Australia. The North American and European markets are also expected to grow at a significant rate due to the increasing demand for advanced safety systems in the oil and gas industry.

 Key Players

The “Global Helideck Monitoring System Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as include Fugro, Vaisala, Fendercare Marine, Kongsberg, Vortex, ABB, Bosch Rexroth, Miros, Monitor Systems Engineering, and Laversab.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

• In December 2020 – Fugro revealed that it had a contract to supply its Helideck Monitoring System to an offshore wind farm in the North Sea in December 2020.
• In March 2021 – For a significant oil and gas operator in the UK North Sea, Fugro completed a trial of their Helideck Monitoring System in March 2021.
• In April 2021 – To improve safety and operational effectiveness for offshore helicopter operations, BMT, a top-tier worldwide engineering and risk management consultancy, announced the introduction of its new Helideck Monitoring System in April 2021.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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