DUBLIN--(BUSINESS WIRE)--The "Helideck Monitoring System Market by Vertical (Oil & Gas (Fixed & Mobile Offshore Rigs) and Marine (On-Board & On-Shore)), System (Hardware (Motion, Wind, Meteorology, GPS Sensors) & Software), End Use, Application & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The helideck monitoring system market is projected to grow from an estimated USD 192.8 Million in 2018 to USD 240.1 Million by 2023, at a CAGR of 4.49 % from 2018 to 2023.
This growth can be attributed to the increasing number of commercial vessels and ships globally. The growth in global vessel traffic and short replacement cycles of hardware components are the key factor driving the demand for helideck monitoring systems.
Based on vertical, the helideck monitoring system market has been segmented into oil & gas and marine. The marine segment is expected to lead the helideck monitoring system market during the forecast period due to increasing maritime vessel traffic and increasing trade via sea routes.
Based on system, the helideck monitoring system market has been segmented into hardware and software. The hardware segment is projected to grow at a higher CAGR than the software segment during the forecast period. The early replacement of hardware components, such as motion sensors, is a key factor driving the demand for helideck monitoring systems.
Based on application, the helideck monitoring system market has been segmented into commercial and defense. The commercial segment is projected to grow at a higher CAGR than the defense segment during the forecast period. The rise in vessel traffic, especially in regions such as North America and Asia Pacific, has led to an increase in demand for helideck monitoring systems in the commercial segment.
Based on end use, the helideck monitoring system market has been segmented into OEM and aftermarket. The aftermarket segment is projected to grow at a higher CAGR during the forecast period. The rise in vessel traffic, especially in regions such as North America and Asia Pacific, and the short replacement cycle of components, such as motion sensors, have led to an increase in demand for helideck monitoring systems in the end use segment.
Some of the key players profiled in this report on the helideck monitoring system market include Kongsberg Gruppen (Norway), Fugro (Netherlands), and Vaisala (Finland).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Helideck Monitoring System Market, By Application
8 Helideck Monitoring System Market, By Vertical
9 Helideck Monitoring System Market, By System
10 Helideck Monitoring Systems Market, By End Use
11 Helideck Monitoring System Market, By Region
12 Competitive Landscape
13 Company Profiles
- Kongsberg Gruppen
- Fugro
- Vaisala
- Dynamax
- Miros
- RH Marine
- ASB Systems
- AWA Marine
- Observator Group
- Shoreconnection
- Rigstat
- Automasjon & Data
- ABB
- Monitor Systems
For more information about this report visit https://www.researchandmarkets.com/research/7zwhld/helideck?w=4
