Global Helicopter-Based Transportation Market 2018-2022 | Rising Demand From Wind Farming Promotes Growth | Technavio
LONDON--(BUSINESS WIRE)--Sep 26, 2018--The global helicopter-based transportation market research report by predicts the market to post a CAGR of close to 2% during the period 2018-2022.
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Technavio has published a new market research report on the global helicopter-based transportation market for the period 2018-2022. (Graphic: Business Wire)
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 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.
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:
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.
Technavio’s 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 LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 09/26/2018 03:44 PM/DISC: 09/26/2018 03:43 PM