Global Water Based Heliports Market, By Product Type (Surface Level Heliports, Rooftop Heliports, Elevated Heliports), End-Use (Commercial, Private, Public, Ambulance), Mode of Operation (Portable, Fixed) Application (General Aviation, Offshore, Medical) - Industry Trends and Forecast to 2031.
Water Based Heliports Market Analysis and Size
Growth in tourism and rise in demand for private air travel fuel the market growth. Moreover, factors such as rise in globalization and increased purchasing power among the individuals boost the market growth. Further, the upcoming oil and gas exploration projects are anticipated to boost the growth of the heliport market. In addition, the global heliport market has relatively few barriers for new entry, which implies that any construction company can easily venture into the industry.
Global water based heliports market was valued at USD 389.3 million in 2023 and is expected to reach USD 541.0 million by 2031, registering a CAGR of 4.2% during the forecast period of 2024-2031. Surface level heliports is expected to dominate the market owing to the increasing consumer preference across the region. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customized to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Surface Level Heliports, Rooftop Heliports, Elevated Heliports), End-Use (Commercial, Private, Public, Ambulance), Mode of Operation (Portable, Fixed) Application (General Aviation, Offshore, Medical)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Aluminium Offshore Pte Ltd. (Singapore), ADB SAFEGATE (Belgium), Calzoni (Italy), FEC HELIPORTS (U.K.), TKH Group NV. (Netherlands), Eaton Corporation Plc. (Ireland), Technokontrol Global Ltd (U.K.), PROMIC (U.S.), Heliport Systems Inc. (U.S.), Helitecnica (Italy)
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Market Opportunities
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Market Definition
An area of land, water, or adjoining structure used for the take-off and landing of helicopters is called a heliport. These include buildings, hangers, and MRO facilities. The rise in the number of helicopters and increased air traffic leads to the growth of the heliport market. In addition, the wide application of heliports for offshore purposes, medical emergencies, and VIP transport is expected to fuel the demand for heliports. In addition, as tourism and private transport increases, helicopters are built on the rooftops of skyscrapers.
Global Water Based Heliports Market Dynamics
Driver
- Growing Tourism to Boost Market Growth
Rise in tourism is anticipated to boost the demand for helicopters and private transports, which in turn fuels the demand for heliports. In addition, the major market players are offering safer landing and take-off facilities powered with effectual lighting technologies to provide better facilities, which in turn boosts the application of heliports. The presence of heliports increases air tourism and is anticipated to boost the global economy of regions. In addition, the use of heliports for VIP transport and tourism is also proliferating the demand for the heliport market. Offshore activities to upsurge the demand for heliports
Opportunity
- Rise in Oil and Gas Exploration Activities to Foster the Demand
Offshore activities include the searching missions for potential underground crude oil and natural gas accumulations and reservoirs. In addition, drilling practices are also increasing, which boosts offshore operations. The market has been witnessing significant demand from the growing offshore activities. Moreover, a rise in the upcoming oil and gas exploration projects is creating several opportunities for the global heliport market. Furthermore, the increased upstream investment with shale gas exploration is expected to proliferate the market growth for heliports as increased research and transportation activities require sufficient heliports.
Restraint/Challenge
- High Initial Costs Associated with Heliport Infrastructure
The development of heliport infrastructure is often hindered by its high initial costs, which encompass land acquisition, construction, safety measures, equipment, regulatory compliance, environmental considerations, and integration into existing transportation networks. Acquiring suitable land in urban areas and meeting stringent safety and security standards contribute significantly to the expenses. Moreover, compliance with regulatory requirements and environmental assessments adds complexity and further financial burden. Despite these challenges, heliport infrastructure plays a vital role in facilitating rapid transportation, emergency services, and specialized operations, which may justify the initial investment over time, particularly in regions where helicopter transportation is integral to economic and social needs.
This market, report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global cloud security market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In April 2023, the New York City government's economic development wing scrapped a downtown Manhattan heliport contract. The government plans to launch an entirely new bidding process for heliport operations
- In August 2022, Pacific Heliport Services (PHS), a wholly owned subsidiary of Helijet International Inc., completed a major upgrade of the intermodal heliport in downtown Vancouver for public use. The USD 1.7 million project was completed with the support of the Province of British Columbia's Airport Assistance Program (BCAAP) under the BC Ministry of Transportation and Infrastructure
Global Water Based Heliports Market Scope
The market is segmented on the basis of product type, end-use, mode of operation, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Surface Level Heliports
- Rooftop Heliports
- Elevated Heliports
End-Use
- Commercial
- Private
- Public
- Ambulance
Mode of Operation
- Portable
- Fixed
Application
- General Aviation
- Offshore
- Medical
Global Water Based Heliports Market Region Analysis/Insights
The market is segmented on the basis of basis of product type, end-use, mode of operation, and application.
The countries covered in the report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., Israel, Egypt, South Africa, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
North America is expected to dominate the market due to the occurrence of major players. Furthermore, the growing adoption of these accessories will further boost the market growth in the region.
Asia-Pacific is the fastest-growing region in the market due to the rise in the demand from end-users has compelled traction battery manufacturers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Water Based Heliports Market Share Analysis
The global water based heliports market is analyzed, and market size information is provided by country, design & channel. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global water based heliports market are:
- Aluminium Offshore Pte Ltd. (Singapore)
- ADB SAFEGATE (Belgium)
- Calzoni (Italy)
- FEC HELIPORTS (U.K.)
- TKH Group NV. (Netherlands)
- Eaton Corporation Plc. (Ireland)
- Technokontrol Global Ltd (U.K.)
- PROMIC (U.S.)
- Heliport Systems Inc. (U.S.)
- Helitecnica (Italy)
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