Global Offshore Helicopter Services Market to Reach US$ 3.4 Billion by 2032, Propelled by the Extensive Growth in the Offshore Wind Power Industry

February 17, 2023 | Aerospace and Defense

The latest report by IMARC, titled “Offshore Helicopter Services Market Report by Type (Light Helicopters, Medium and Heavy Helicopters), Application (Drilling, Production, Relocation and Decommissioning, and Others), End Use Industry (Oil and Gas Industry, Offshore Wind Power Industry, and Others), and Region 2024-2032”, finds that the global offshore helicopter services market size reached US$ 2.6 Billion in 2023. Offshore helicopter services refer to the practice of transporting personnel from onshore bases to offshore drilling rigs, platforms and vessels. Offshore tasks performed by helicopters include examination of wind farms, transportation of key personnel, search and rescue missions, and various ship operations. These services comprise a ground station, processor, combat cabinet, transceiver, and power supply. They are extensively used for relocation, production, drilling, decommissioning, and transporting supplies and equipment during construction and subsea exploration. They also offer services to oil and gas rigs, and offshore windfarms by delivering urgent supplies, evacuating individuals in medical emergencies, and transporting crew to the platform. In recent years, offshore helicopter services have gained momentum as they ensure operational efficiency and safety, and increase situational awareness, resulting in lesser accidents and operational costs.

Global Offshore Helicopter Services Market Trends:

One of the primary factors driving the market is the extensive growth in the offshore wind power industry. Additionally, offshore helicopter services are used to transfer the crew to the platforms for the maintenance of the wind turbines as they face rougher, corrosive, and harsher environments, thus creating a positive market outlook. Other than this, the rising demand for helicopter emergency medical services (HEMS) is positively influencing the market growth. Besides this, the introduction of lightweight and highly autonomous helicopters that provide faster, more reliable, and user-friendly technologies are propelling the market growth. In line with this, there has been escalating demand for exploration activities, along with ultra- and deep-water activities. Along with this, the integration of the Internet of Things (IoT), artificial intelligence, and real-time data in helicopter services to increase safety and assist pilots in decision-making during flights is creating lucrative growth opportunities for key players operating in the industry. Looking forward, IMARC Group expects the market value to reach US$ 3.4 Billion by 2032, expanding at a CAGR of 2.9% during the forecast period (2024-2032).

Market Summary:

  • Based on the type, the market has been bifurcated into light, and medium and heavy helicopters.
  • On the basis of the application, the market has been segregated into drilling, production, relocation and decommissioning, and others.
  • Based on the end use industry, the market has been segmented into oil and gas industry, offshore wind power industry, and others.
  • Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been analzyed, with some 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Offshore Helicopter Services Market to Reach US$ 3.4 Billion by 2032, Propelled by the Extensive Growth in the Offshore Wind Power Industry
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