Helideck Monitoring System Market Size, Growth and Trend Analysis, 2015 to 2025

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Helideck Monitoring System Market Size, Share,
Growth, Industry Analysis, Trends and Forescast
to 2025 Hexa Research
Global helideck monitoring system market size
was valued at USD 187.5 million in 2017 and is
projected to reach USD 257.1 million by 2025
4 April 2019, The global Helideck Monitoring
System Market size is projected to reach USD
257.1 million by 2025. Growing need for
digitalization of ships to gather weather
forecasting and real-time data required during
pre-flight planning is expected to drive market
over the forecast period. In addition, government
initiatives and increased spending on
shipbuilding by manufacturers is expected to
create potential opportunity for system
manufacturers and components suppliers. Helideck
monitoring systems are extensively used in
offshore oil and gas rigs. Increasing offshore
production and trade of oil and gas is expected
to promote their adoption. Complete, timely, and
accurate meteorological observations to support
efficient and safe helicopter operations will
also spur growth in the market.
Hardware systems dominated the market in 2017.
Motion sensors, meteorological sensors, and
weather sensors are replaced or repaired
frequently, which adds to the demand for helideck
monitoring systems. Presence of large number of
component suppliers is also expected to propel
market growth over the forecast period. On the
other hand, software segment is expected to grow
steadily over the forecast period. In terms of
end-use application, commercial deployments
dominated helideck monitoring system market in
2017 and is expected to continue leading over the
forecast period. Increasing offshore oil and gas
exploration projects is expected to provide
growth opportunity in near future.
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Shortage of qualified professionals for system
deployment presents a key challenge for market
players. Development in the field of smart
antenna, growing use of Micro-Electro-Mechanical
Systems (MEMS) and rise in Wireless Sensor
Networks (WSN) technology is expected to
digitalize shipping industry. Always-on connectivi
ty is anticipated to empower global shipping
industry and drive the market for helideck
monitoring systems over the forecast period.
However, digitization of maritime sector raises
concern related to cybersecurity.
Key players adopted product innovation and merger
and acquisition strategies to expand their
product portfolio and to gain competitive edge.
For instance, in November 2017, RH Marine
launched new generation monitoring and control
system at Europort Rotterdam. In addition, in
August 2013, Vaisala acquire d Second Wind
Systems Inc., a U.S. based company specialized in
remote sensing and data services for wind
energy. Manufacturers are offering technology
solutions to other markets as well. For instance,
RigStat provides helideck monitoring systems with
pre-flight weather report capabilities and SE
series NDB monitoring capability.
Global helideck monitoring system market is
highly fragmented. Investments in shipbuilding
and increasing offshore oil and gas exploration
projects are expected to create positive outlook
in near future. Some of the key players operating
in the market are ABB, RH Marine, Kongsberg
Gruppen, Fugro, Vaisala, Miros AS, ASB Systems
Private Limited, Observator Instruments,
ShoreConnection International AS, RigStat LP,
Monitor Systems Scotland Ltd, and AWA Marine.
Hexa Research has segmented the helideck
monitoring system market report based on system,
application and region-
Segmentation by System Hardware
Software
Segmentation by Application Commercial
Defense
Segmentation by Region North America Europe
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Asia Pacific
Rest of the World
Key Players Analyzed ABB
RH Marine Kongsberg Gruppen Fugro
Vaisala
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Table of Contents of Helideck Monitoring System
Market
Chapter 1 Executive Summary
Chapter 2 Methodology and Scope 2.1 Research
methodology 2.2 Assumptions
2.3 List of data sources
Chapter 3 Introduction
3.1 Research scope market segmentation
Chapter 4 Helideck Monitoring System Market
Trends Drivers Opportunities 4.1 Key industry
trends
4.1.1 Market driver analysis
4.1.1.1 Increasing maritime trade
4.1.1.2 Growing application in offshore oil gas
industry 4.1.2 List of other market drivers
4.1.3 Market restraint analysis
4.1.3.1 Risk of cyber-attacks due to
digitalization of ships 4.1.4 List of other
market restraints
4.2 Supply chain analysis
4.3 Porters Five Forces analysis
Chapter 5 Helideck Monitoring System Market
Trends, By System 5.1 Global helideck monitoring
system market, by system, 2017 2025 5.2 Hardware
5.2.1 Global helideck monitoring system market
for hardware, 2015 - 2025 (USD Million) 5.3
Software
5.3.1 Global helideck monitoring system market
for software, 2015 - 2025 (USD Million)
Chapter 6 Helideck Monitoring System Market
Trends, By Application 6.1 Global helideck
monitoring system market, by application, 2017
2025 6.2 Commercial
6.2.1 Global helideck monitoring system market
for commercial, 2015 - 2025 (USD Million)
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6.3 Defense
6.3.1 Global helideck monitoring system market
for defense, 2015 - 2025 (USD Million)
Chapter 7 Helideck Monitoring System Market
Trends, By Region 7.1 Global helideck monitoring
system market movement, by region, 2017
2025 7.2 North America
7.2.1 North America helideck monitoring system
market, 2015 - 2025 (USD Million) 7.2.2 North
America helideck monitoring system market, by
system, 2015 - 2025 (USD Million) 7.2.3 North
America helideck monitoring system market, by
application, 2015 - 2025 (USD Million)
7.3 Europe
7.3.1 Europe helideck monitoring system market,
2015 - 2025 (USD Million) 7.3.2 Europe helideck
monitoring system market, by system, 2015 - 2025
(USD Million) 7.3.3 Europe helideck monitoring
system market, by application, 2015 - 2025 (USD
Million) 7.4 Asia Pacific
7.4.1 Asia Pacific helideck monitoring system
market, 2015 - 2025 (USD Million) 7.4.2 Asia
Pacific helideck monitoring system market, by
system, 2015 - 2025 (USD Million) 7.4.3 Asia
Pacific helideck monitoring system market, by
application, 2015 - 2025 (USD Million) 7.5 Rest
of the World
7.5.1 Rest of the World helideck monitoring
system market, 2015 - 2025 (USD Million) 7.5.2
Rest of the World helideck monitoring system
market, by system, 2015 - 2025 (USD Million)
7.5.3 Rest of the World helideck monitoring
system market, by application, 2015 - 2025
(USD Million)
Chapter 8 Key Country Markets
8.1 U.S.
8.1.1 U.S. helideck monitoring system market,
2015 - 2025 (USD Million)
8.2 Canada
8.2.1 Canada helideck monitoring system market,
2015 - 2025 (USD Million)
8.3 Russia
8.3.1 Russia helideck monitoring system market,
2015 - 2025 (USD Million)
8.4 China
8.4.1 China helideck monitoring system market,
2015 - 2025 (USD Million) 8.5 Japan
8.5.1 Japan helideck monitoring system market,
2015 - 2025 (USD Million)
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Chapter 9 Competitive Landscape 9.1 Company
market share, 2017
9.2 Strategic framework 9.3 Company
profiles 9.3.1 ABB
9.3.1.1 Company Overview 9.3.1.2 Product
Benchmarking 9.3.1.3 Financial Performance 9.3.1.3
.1 Financial Analysis 9.3.1.4 Recent
Initiatives 9.3.2 RH Marine
9.3.2.1 Company Overview 9.3.2.2 Product
Benchmarking 9.3.2.3 Financial Performance 9.3.2.4
Recent Initiatives 9.3.3 Kongsberg
Gruppen 9.3.3.1 Company Overview 9.3.3.2 Product
Benchmarking 9.3.3.3 Financial Performance 9.3.3.3
.1 Financial Analysis 9.3.4 Fugro
9.3.4.1 Company Overview 9.3.4.2 Product
Benchmarking 9.3.4.3 Financial Performance 9.3.4.3
.1 Financial Analysis 9.3.4.4 Recent
Initiatives 9.3.5 Vaisala
9.3.5.1 Company Overview 9.3.5.2 Product
Benchmarking 9.3.5.3 Financial Performance 9.3.5.3
.1 Financial Analysis 9.3.5.4 Recent
Initiatives 9.3.6 List of Other Vendors
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