PUNE, India, May 16, 2018 /PRNewswire/ --

The report "Helideck Monitoring System Market by Vertical (Oil & Gas (Fixed and Mobile Offshore Rigs) and Marine (On-Board & On-Shore)), System (Hardware (Motion, Wind, Meteorology, GPS Sensors) and Software), End Use, Application, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated to be USD 192.8 Million in 2018 and is projected to reach USD 240.1 Million by 2023, at a CAGR of 4.49% from 2018 to 2023.

(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )



Browse 93 market data Tables and 32 Figures spread through 119 Pages and in-depth TOC on "Helideck Monitoring System Market"



https://www.marketsandmarkets.com/Market-Reports/helideck-monitoring-system-market-74545439.html

Early buyers will receive 10% customization on this report.

Factors such as increase in vessel traffic and rise in ship deliveries are expected to drive the helideck monitoring system market during the forecast period.

The marine segment is projected to witness a higher CAGR during the forecast period.

Based on vertical, the marine segment of the helideck monitoring system market is projected to witness a higher growth rate as compared to the oil & gas segment during the forecast period. This higher growth can be attributed to the increasing maritime trade and vessel traffic globally.

The hardware segment is projected to witness a higher growth rate during the forecast period.

Based on system, the hardware segment of the helideck monitoring system market is projected to witness a higher growth rate than the software segment during the forecast period, as every helideck monitoring system needs various sensors, which require replacement at regular intervals.

The aftermarket segment is projected to witness a higher growth rate during the forecast period.

Based on end use, the aftermarket segment of the helideck monitoring system market is projected to witness a higher growth rate than the OEM segment during the forecast period, as every helideck monitoring system needs various sensors which need to be replaced at regular intervals. The replacement of system components and upgradation of software increase the demand for helideck monitoring systems.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=74545439

The commercial segment is expected to grow at a higher CAGR during the forecast period.

Based on application, the commercial segment of the helideck monitoring system market is projected to grow at a higher CAGR than the defense segment during the forecast period. The year-on-year increase in commercial vessel traffic and increasing deliveries, especially in regions such as North America and Europe, are expected to contribute to the growth of the commercial segment.

The Asia Pacific helideck monitoring system market is projected to witness the highest growth during the forecast period.

Asia Pacific is one of the fastest growing market for helideck monitoring systems due to an increase in the number of ships and seismic vessels in the region. Countries such as Japan and China have witnessed tremendous increase in vessels and ships, as the economy of these countries continuously increases, which subsequently lead to a rise in demand for helideck monitoring systems. The increase in vessel traffic and delivery of new ships & vessels are expected to drive the demand for helideck monitoring systems in the Asia Pacific region during the forecast period.

Major players in the helideck monitoring system market include ABB (Switzerland), Kongsberg Gruppen (Norway), Fugro (Netherlands), Vaisala (Finland), and Dynamax (US).

Know more about the Helideck Monitoring System Market

https://www.marketsandmarkets.com/Market-Reports/helideck-monitoring-system-market-74545439.html



About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.





Contact:

Mr. Salgarkar

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : +1-888-600-6441

Email: [email protected]





Visit MarketsandMarkets Website: http://www.marketsandmarkets.com

SOURCE MarketsandMarkets