Global Helideck Monitoring System Market report published by Accurize Market Research forecast that the global market is expected to reach $262 billion by 2025; growing at a CAGR of 4.5% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
The continuous upsurge in the traffic of ships and vessels across the world and high installation flexibilities to drive the growth of the market
The continuous upsurge in the traffic of ships and vessels across the world and high installation flexibilities fuels the demand for the global helideck monitoring system market. Furthermore, strict safety regulations on trades also boost the growth of the market.
The global helideck monitoring system market has been bifurcated on the basis of vertical, end user, system, application, and geography. Based on the vertical segment, the helideck monitoring system market is segregated into oil & gas and marine. On the basis of the system, the helideck monitoring system market is segmented into hardware and software. Based on the application, the helideck monitoring system market is bifurcated into commercial and defense. Based on end use, the helideck monitoring system market has been segmented into OEM and aftermarket.
By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France, and others. Asia-Pacific covers China, India, Japan, and the rest of Asia-Pacific. RoW covers South America, the Middle East, and Africa.
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Top players in the market
The key market players include Kongsberg Gruppen, Fugro, Vaisala, Dynamax, Miros, RH Marine, ASB Systems, AWA Marine, Observator Group, Shoreconnection, Rigstat, Automasjon& Data, ABB, and Monitor Systems, among others.