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Helideck Monitoring System Market
Helideck Monitoring System Market
The Global Helideck Monitoring System Market is estimated to reach USD 277.3 Million by
2027 at a CAGR of 3.9%.
The helideck monitoring system is used to calculate, measure, and visualize possible
significant weather conditions to assure safety on helicopter landing as well as take-off
activity. The system is designed to indicate real-time information about weather conditions
to execute successful helicopter operations in offshore weather conditions.
Helideck Monitoring System MARKET: Drivers & Restraints
Market Drivers:
Increase in Number of Offshore Oil & Gas Projects
Extensive use of oil & gas in almost every end use industry as well as the supply demand gap
of the same is driving the market. To meet this supply-demand gap, the oil & gas
manufacturers are investing in building new oil & gas projects and expansion of the
production capacity. Offshore vessels and rigs utterly depend on helicopters to transport their
crew safely to and from work. For instance, in 2019, Royal Dutch Shell has started production
from its largest floating platform in the Gulf of Mexico. To monitor and visit these kinds of
offshore plants the helicopters and planes are used. Thus, the helideck monitoring system is
used to land and take off-these of the aircraft. Thus, the increase in the number of offshore
oil & gas projects are expected to boost the global helideck monitoring system market during
the forecast period.
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Market Restraints:
Threats of Cyberattack
The increasing digitalization and use of the computerized system in shipping have advantages
to make the operation easy but it has some risk factors that is a major concern across the
shipping industry. For instance, in 2017 AP Møller Maersk was the victim of a cyber-attack
triggered by the NotPetya cyberattack. This cyberattack cost the company a lost revenue of
USD 300 Million.
Thus, the threat of cyberattacks may hinder the growth of the global helideck monitoring
system during the forecast period.
Helideck Monitoring System MARKET: Key segments
Key Segments by Component Covers: Software and Hardware
Key Segments by End User Covers: Oil & Gas and Marine
Key Segments by Sales Channel Covers: OEM and Aftermarket
Key Regions Covers: North America, Asia-Pacific, Europe, Middle East &
Africa, and South America, with individual country-level analysis.
Helideck Monitoring System MARKET: Report SCOPE
The report on the helideck monitoring system market covers a deep dive analysis of historic,
recent and current market trends. Furthermore, market share/ranking analysis of key players,
market dynamics, competition landscape, country-wise analysis for each region covered and
the entire supply chain dynamics are covered through the below segmentation.
Report Features Specifics
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Table of Content
1 Introduction
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends – Porters Five Forces Analysis
6 Helideck Monitoring System Market, By Component, Market Size In Usd Million (2019—
2027)
7 Helideck Monitoring System Market By End User, Market Size In Usd Million (2019—2027)
8 Helideck Monitoring System Market By Sales Channel, Market Size In Usd Million (2019—
2027)
9 Helideck Monitoring System Market By Region, Market Size In Usd Million (2019—2027)
10 Competitive Landscape
11 Company Profiles
12 Appendix
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