Offshore Helicopters Market, Size, Share | Industry Forecast, 2027

SKU: DEU104 | Last Updated On: Jan 21 2021 | No. of Pages: 180 | Available Formats

> Global Offshore Helicopters Market Expected to reach a high CAGR By 2027: DataM Intelligence

Global Offshore Helicopters Market is segmented By Application (Relocation and Decommissioning, Drilling, Production), By Type (Heavy and Medium Helicopters, Small Helicopters), By End-Use Industry (Offshore Wind Industry, Oil and Gas), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Offshore Helicopters Market is expected to grow at a high CAGR during the forecasting period (2020-2027).

The helicopter is known as the workhorse of the offshore oil and gas industry and offshore wind industry because it is the primary means of transporting workers to and from installations. All offshore helicopters must be equipped with at least one radio altimeter (RADALT) with dual displays (including analog indication), with a visual alert and Automated Voice Alerting Device (AVAD) capability. The offshore helicopter operations standard is designed to be used as a primary reference for the review and approval of aircraft operators. Offshore wind power industry and the presence of a large number of oil and gas platforms especially in Brazil and Europe are the major driving factors for the market growth globally.

Offshore Helicopter Market

Market Dynamics

Offshore wind power industry and the presence of a large number of oil and gas platforms especially in Brazil and Europe are the major driving factors for the market growth globally. Brazil is about to become a much bigger player in the oil and gas world. The South American country is leading the world in terms of planned offshore projects, ahead of the likes of the U.S. and the U.K. All the East Margin besides the pre-salt region and Equatorial Margin, including new frontier areas and a significant number of large mature fields are conventional offshore in Brazil.

Brazil is leading the way in terms of capital investment over the same period. There will be USD 116.2 billion worth of investment up until 2025. Petrobas, the state-owned oil company in Brazil, is forecasted to spend USD 90.9 billion on projects over the next 10 years. The conventional offshore plays comprise other opportunities beyond the pre-salt, that runs along the entire Brazilian coast, from the Foz do Amazonas basin to the Pelotas Basin.            Therefore, the presence of large offshore oil reserves in South America especially in Brazil is expected to the major reason for the growth of the market.

High costs associated with new technology and strict regulations for the manufacture of helicopter components are the key restraints hindering the growth of the market worldwide.

Market Segmentation

By the end-use industry, the Offshore Helicopters market is segmented into Offshore Wind Industry and Oil and Gas. The global Offshore Helicopters market size by offshore wind energy was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. Offshore wind power or offshore wind energy is the use of wind farms constructed in bodies of water, usually in the ocean on the continental shelf, to harvest wind energy to generate electricity. Costs of offshore wind power are decreasing much faster than expected. By 2016, four contracts (Borssele and Kriegers) were already below the lowest of the predicted 2050 price.

The contracts and projects for Offshore wind energy are increasing globally. For instance, The Chinese government had set ambitious targets of 5 GW of installed offshore wind capacity by 2015 and 30 GW by 2020 that would eclipse capacity in other countries. However, in May 2014 the capacity of offshore wind power in China was only 565 MW. Offshore capacity in China increased by 832 MW in 2016, of which 636 MW were made in China. Due to the rise in offshore wind power projects, the market for offshore helicopters is increasing at a fast pace in the forecast period for the offshore wind industry.

By application, the Offshore helicopters market is segmented into relocation and decommissioning, drilling and production. The global Offshore Helicopters market size by drilling was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

By type, the Offshore Helicopters market is segmented into heavy and medium helicopters and small helicopters. The global Offshore Helicopters market size by YYY was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

Geographical Analysis

The Europe Offshore Helicopters market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. Europe is expected to hold the major market share within the forecast period. The helicopter is known as the workhorse of the UK offshore oil and gas industry because it is the primary means of transporting workers to and from installations. All the largest offshore wind farms are currently in northern Europe, especially in the United Kingdom and Germany, which together account for over two-thirds of the total offshore wind power installed worldwide.

As of September 2018, the 659 MW Walney Extension in the United Kingdom is the largest offshore wind farm in the world. The Hornsea Wind Farm under construction in the United Kingdom will become the largest when completed, at 1,200 MW. Other projects are in the planning stage, including Dogger Bank in the United Kingdom at 4.8 GW, and Greater Changhua in Taiwan at 2.4 GW. Therefore, the presence of huge offshore wind industry and oil gas industries are the major factors driving the European region in the forecast period.

Competitive Landscape

The Offshore Helicopters market is competitive with existing players in the market.

Some of the major manufacturers and service providers include Lockheed Martin Corporation, Textron Inc., Airbus SE, Leonardo SpA, PHI Inc., ERA Group Inc., Abu Dhabi Aviation Airways PJSC, CHC Group Ltd, Bristow Group Inc., and HNZ Group Inc.

The key players are adopting various key strategies such as product launches, collaborations, mergers & acquisitions which are contributing to the growth of the Offshore Helicopters Market.

Chevron Corporation has announced it is on the trail for an acquisition opportunity in the helicopter market for its offshore oil and gas operations. Chevron Corporation is an American multinational energy corporation.

Airbus Helicopters has expanded on its initial Flight Crew Operating Manual (FCOM) for H225 (formerly EC225) aircraft in oil and gas missions.

Bond Offshore Helicopters has been awarded a new three-year contract to provide offshore crew transport on behalf of Premier Oil.

Why Purchase the Report?

  • Visualize the composition of the Offshore Helicopters in terms of various types of end-use industries, types and their applications highlighting the key commercial assets and players.
  • Identify commercial opportunities in the Offshore Helicopters market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Offshore Helicopters market-level 4/5 segmentation.
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The Offshore Helicopters report would provide access to an approx., 61 data tables, 50 figures, and 165 pages.

Target Audience

 

Table of Contents

  1. Offshore Helicopters Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Offshore Helicopters Market – Market Definition and Overview

  3. Offshore Helicopters Market – Executive Summary

    1. Market Snippet by Application
    2. Market Snippet by End-Use Industry
    3. Market Snippet by Type
    4. Market Snippet by Region
  4. Offshore Helicopters Market Dynamics

    1. Market Impacting Factors
    2. Drivers
      1. Offshore wind power industry
      2. Presence of large number of oil and gas platforms especially in Brazil and Europe.
    3. Restraints
      1. High cost associated with new technology
      2. Strict regulatory norms for the manufacture of helicopter components
    4. Opportunity
    5. Impact Analysis
  5. Offshore Helicopters Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Regulatory Analysis
  6. Offshore Helicopters Market – By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      2. Market Attractiveness Index, By Application
    2. Relocation and Decommissioning*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Drilling
    4. Production
  7. Offshore Helicopters Market – By End-Use Industry

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      2. Market Attractiveness Index, By End-Use Industry
    2. Offshore Wind Industry*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Oil and Gas
  8. Offshore Helicopters Market – By Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      2. Market Attractiveness Index, By Type
    2. Heavy and Medium Helicopters*
      1. Introduction
      2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
    3. Small Helicopters
  9. Offshore Helicopters Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use Industry
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
  10. Offshore Helicopters Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  11. Offshore Helicopters Market Company Profiles

    1. Lockheed Martin Corporation*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Textron Inc.
    3. Airbus SE
    4. Leonardo SpA
    5. PHI Inc.
    6. ERA Group Inc.
    7. Abu Dhabi Aviation Airways PJSC
    8. CHC Group Ltd
    9. Bristow Group Inc.
    10. HNZ Group Inc ("List not exhaustive")
  12. Offshore Helicopters Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of  Tables 

Table 01 Global Offshore Helicopters Market Value, By Application, 2018,2022 & 2027 (USD Million)

Table 02 Global Offshore Helicopters Market Value, By End-Use Industry, 2018,2022 & 2027 (USD Million)

Table 03 Global Offshore Helicopters Market Value, By Type, 2018,2022 & 2027 (USD Million)

Table 04 Global Offshore Helicopters Market Value, By Region, 2018,2022 & 2027 (USD Million)

Table 05 Global Offshore Helicopters Market Value, By Application, 2018,2022 & 2027 (USD Million)

Table 06 Global Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 07 Global Offshore Helicopters Market Value, By End-Use Industry, 2018,2022 & 2027 (USD Million)

Table 08 Global Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 09 Global Offshore Helicopters Market Value, By Type, 2018,2022 & 2027 (USD Million)

Table 10 Global Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 11 Global Offshore Helicopters Market Value, By Region, 2018,2022 & 2027 (USD Million)

Table 12 Global Offshore Helicopters Market Value, By Region, 2017-2027 (USD Million)

Table 13 North America Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 14 North America Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 15 North America Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 16 North America Offshore Helicopters Market Value, By Country, 2017-2027 (USD Million)

Table 17 South America Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 18 South America Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 19 South America Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 20 South America Offshore Helicopters Market Value, By Country, 2017-2027 (USD Million)

Table 21 Europe Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 22 Europe Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 23 Europe Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 24 Europe Offshore Helicopters Market Value, By Country, 2017-2027 (USD Million)

Table 25 Asia-Pacific Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 26 Asia-Pacific Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 27 Asia-Pacific Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 28 Asia-Pacific Offshore Helicopters Market Value, By Country, 2017-2027 (USD Million)

Table 29 Middle East & Africa Offshore Helicopters Market Value, By Application, 2017-2027 (USD Million)

Table 30 Middle East & Africa Offshore Helicopters Market Value, By End-Use Industry, 2017-2027 (USD Million)

Table 31 Middle East & Africa Offshore Helicopters Market Value, By Type, 2017-2027 (USD Million)

Table 32 Lockheed Martin Corporation: Overview

Table 33 Lockheed Martin Corporation: Product Portfolio

Table 34 Lockheed Martin Corporation: Key Developments

Table 35 Textron Inc.: Overview

Table 36 Textron Inc.: Product Portfolio

Table 37 Textron Inc.: Key Developments

Table 38 Airbus SE: Overview

Table 39 Airbus SE: Product Portfolio

Table 40 Airbus SE: Key Developments

Table 41 Leonardo SpA: Overview

Table 42 Leonardo SpA: Product Portfolio

Table 43 Leonardo SpA: Key Developments

Table 44 PHI Inc.: Overview

Table 45 PHI Inc.: Product Portfolio

Table 46 PHI Inc.: Key Developments

Table 47 ERA Group Inc.: Overview

Table 48 ERA Group Inc.: Product Portfolio

Table 49 ERA Group Inc.: Key Developments

Table 50 Abu Dhabi Aviation Airways PJSC: Overview

Table 51 Abu Dhabi Aviation Airways PJSC: Product Portfolio

Table 52 Abu Dhabi Aviation Airways PJSC: Key Developments

Table 53 CHC Group Ltd: Overview

Table 54 CHC Group Ltd: Product Portfolio

Table 55 CHC Group Ltd: Key Developments

Table 56 Bristow Group Inc.: Overview

Table 57 Bristow Group Inc.: Product Portfolio

Table 58 Bristow Group Inc.: Key Developments

Table 59 HNZ Group Inc: Overview

Table 60 HNZ Group Inc: Product Portfolio

Table 61 HNZ Group Inc: Key Developments

 

List of Figures

Figure 01 Global Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 02 Global Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 03 Global Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 04 Global Offshore Helicopters Market Share, By Region, 2018 & 2027 (%)

Figure 05 Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 06 Global Offshore Helicopters Market Y-o-Y Growth, By Application, 2018-2027 (%)

Figure 07 Relocation and Decommissioning: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 08 Drilling: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 09 Production: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 10 Global Offshore Helicopters Market Y-o-Y Growth, By End-Use Industry, 2018-2027 (%)

Figure 11 Offshore Wind Industry: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 12 Oil and Gas: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 13 Global Offshore Helicopters Market Y-o-Y Growth, By Type, 2018-2027 (%)

Figure 14 Heavy and Medium Helicopters: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 15 Small Helicopters: Global Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 16 Global Offshore Helicopters Market Y-o-Y Growth, By Region, 2018-2027 (%)

Figure 17 North America Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 18 North America Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 19 North America Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 20 North America Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 21 North America Offshore Helicopters Market Share, By Country, 2018 & 2027 (%)

Figure 22 South America Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 23 South America Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 24 South America Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 25 South America Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 26 South America Offshore Helicopters Market Share, By Country, 2018 & 2027 (%)

Figure 27 Europe Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 28 Europe Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 29 Europe Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 30 Europe Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 31 Europe Offshore Helicopters Market Share, By Country, 2018 & 2027 (%)

Figure 32 Asia-Pacific Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 33 Asia-Pacific Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 34 Asia-Pacific Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 35 Asia-Pacific Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 36 Asia-Pacific Offshore Helicopters Market Share, By Country, 2018 & 2027 (%)

Figure 37 Middle East & Africa Offshore Helicopters Market Value, 2017-2027 (USD Million)

Figure 38 Middle East & Africa Offshore Helicopters Market Share, By Application, 2018 & 2027 (%)

Figure 39 Middle East & Africa Offshore Helicopters Market Share, By End-Use Industry, 2018 & 2027 (%)

Figure 40 Middle East & Africa Offshore Helicopters Market Share, By Type, 2018 & 2027 (%)

Figure 41 Lockheed Martin Corporation: Financials

Figure 42 Textron Inc.: Financials

Figure 43 Airbus SE: Financials

Figure 44 Leonardo SpA: Financials

Figure 45 PHI Inc.: Financials

Figure 46 ERA Group Inc.: Financials

Figure 47 Abu Dhabi Aviation Airways PJSC: Financials

Figure 48 CHC Group Ltd: Financials

Figure 49 Bristow Group Inc.: Financials

Figure 50 HNZ Group Inc: Financials

 

 

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