Helideck Monitoring System Market Share

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Global Helideck Monitoring System Market Size, Share, Growth,
Industry Analysis, Trends and Forescast to 2025 | Hexa Research
“The global helideck monitoring system market size was valued at
USD 187.5 million in 2017. Increasing maritime trade and vessel
traffic is expected to drive the market over the projected period.”
23 November 2018 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
connectivity is anticipated to empower global shipping industry and drive the market for helideck m onitoring
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 acquired 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
• Asia Pacific
• Rest of the World
Key Players Analyzed:
• ABB
• RH Marine
• Kongsberg Gruppen
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• 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 Porter’s 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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The global helideck monitoring system market size is projected to reach USD 257.1 million by 2025

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