(http://www.researchandmarkets.com/research/c6rwkv/global_offshore) has announced the addition of the “Global Offshore Helicopters Outlook to 2020 – Market Analysis by Geography, Helicopter Class (Medium, Heavy, Light), Competitive Landscape, Key Company Information – Growth Trends and Forecasts” report to their offering.
It is estimated that by 2050, world population will reach nine billion with most of the growth occurring in developing countries. Much of the population in these countries will be younger than populace of developed nations; which will create an influx of cheap labor. This availability of cheap labor will push manufacturing and other sectors towards emerging nations thereby increasing their economic growth and energy consumption. Moreover, as quality of life in these countries increases, its population will climb up the energy ladder, leading to a greater demand for energy and petro-chemicals, especially from China and India.
On back of above mentioned factors, coupled with others (like lack of proper alternative energy sources), global oil & gas demand is expected to double by 2050. To meet this demand Oil & Gas exploration is moving into deeper waters and towards unconventional sources like shale plays. As of now, thirty five percent of conventional oil is produced from offshore areas and its share is set to increase in future. This in turn will result in spending in Offshore Helicopter industry, which is expected to double (as helicopters are work horses for offshore industry).
North Sea region has largest share in global offshore helicopter market. Globally, demand for medium sized helicopters is huge and these type of helicopters have far higher market size, say half, based on segmentation by size. However, demand for large range and capacity helicopters is high in North Sea region. Bristow is the market leader in offshore helicopter services followed by CHC.
- Sikorsky awarded $10M contract for MH-60 Analysis
- Wiltshire Air Ambulance cleared of Novichok contamination
- Airbus renews partnership with USP of São Carlos
- Saab Receives Order for Self-Protection Systems
- Thai Aviation Services S-76D Fleet Achieves 10,000 Flight Hours
- AAMS Statement in Response to NASEMSO “Borders in the Sky”
- Helibras highlights 40 years of leadership
- HeliOffshore SIP Delivers the Data to Make the Frontline Safer
- New modern helipad construction completed at Rasuwa
- Boeing being sued over December 2016 Apache accident
- Germany expecting delay in CH-53G replacement tender
- ICON Aviation appointed an official distributor for the AW109 Trekker in Brazil
- Pratt & Whitney adds third maintenance facility in Brazil
- MBA adds helicopter values on RedBook platform
- UAE operator EDIC Horizon orders Bell 429 simulator
- UK AAIB Bulletin – August 2018
- Diplomatic row jeopardizes $1.5B helicopter deal between Turkey and Pakistan
- Bell awarded $11M Contract for Helicopter Yoke Assemblies
- Jhonlin Air Transport to add Airbus H145
- Cooper 2 joins life-saving Air Medical Transport Service