The global helicopter-based transportation market research report by Technavio predicts the market to post a CAGR of close to 2% during the period 2018-2022.
A key driver for the helicopter-based transportation market is the growing mining industry. The mining industry is one of the major end-users of the helicopter-based transportation market. Helicopter-based transportation is the ideal transportation method for mining as the mines are usually located at a remote location. The helicopters are used to carry personnel and supplies to and from a mining site.
This global helicopter-based transportation market research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
In this report, Technavio highlights the increasing demand from wind farming will be one of the key trends in the global helicopter-based transportation market:
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global helicopter-based transportation market: Increasing demand from wind farming
Wind farming is the fastest growing segment of the energy sector and there has been an increase in the installation of offshore wind farms due to their higher efficiency than land-based wind-farms. Helicopter-based transportation offers a better option for crew travel and service and maintenance of turbines on these farms. Offshore wind farms are being built farther from the shores with the advancements in technology and helicopters are the most effective transportation to reach such locations.
Previously, the offshore wind farms were located at about 50kms from the shoreline. The distance grew up to 200 km as the use of helicopters began in wind farming. This has led to a significant increase in the available area for any nation to install offshore wind farms. This is mostly useful for nations with shorter shorelines if they want to develop offshore wind farms, says a senior research analyst at Technavio.
Global helicopter-based transportation market: Segmentation analysis
This helicopter-based transportation market analysis report segments the market by end-user (energy industry and mining, construction, and logging) and geography (the Americas, APAC, and EMEA).
The energy industry held the largest helicopter-based transportation market share in 2017, accounting for more than 37% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.
The Americas led the market in 2017 with close to 49% of the market share, followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2018-2022.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200