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Heliport Market Dominates Revenue, Aims for USD 81.3 Million by 2032

03-04-2024 07:43 AM CET | Aerospace & Defense

Press release from: Acumen Research and Consulting

Heliport Market Dominates Revenue, Aims for USD 81.3 Million

The global Heliport Market has been witnessing steady growth over the years, with projections indicating further expansion in the coming decade. According to recent data, the market size reached USD 67.4 Million in 2022 and is expected to achieve a market size of USD 81.3 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 1.9% from 2023 to 2032. This growth can be attributed to various factors such as increasing demand for air medical services, search and rescue operations, corporate travel, and government/military applications.

Market Highlights

The global Heliport Market revenue is projected to increase significantly by USD 81.3 Million by 2032, with a CAGR of 1.9% during the forecast period. North America emerged as the leading region in the market, accounting for more than 32% of the market share in 2022. The Asia-Pacific region is also expected to witness substantial growth, with a forecasted CAGR of more than 2.4% from 2023 to 2032. By type, surface level heliports captured the largest revenue share in 2022, accounting for more than 35% of the market. In terms of end-use, the commercial segment is projected to expand at the fastest CAGR over the forecast period.

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Heliport Market Segmentation

The global Heliport Market is segmented based on type, capacity, end-use, and geography:

By Type:
Surface Level Heliports
Elevated Heliports
Rooftop Heliports
Offshore Heliports

By Capacity:
Large Heliports
Medium Heliports
Small Heliports

By End-use:
Medical
Commercial
Government
Military

Regional Analysis

North America has emerged as the dominant region in the Heliport Market, driven by various factors contributing to the growth of helicopter operations across industries. The region's extensive network of urban centers, coupled with high demand for emergency medical services, search and rescue operations, and corporate travel, has led to the establishment of numerous heliports. The United States, in particular, hosts a significant number of heliports, ranging from surface-level facilities on skyscrapers in major cities to medium-sized heliports supporting offshore activities in the Gulf of Mexico.

The dominance of North America in the heliport market is further accentuated by its strong presence in sectors such as oil and gas exploration, law enforcement, and air logistics, all of which heavily rely on helicopter services. The region benefits from a well-developed regulatory framework, advanced technological infrastructure, and a mature aviation industry, contributing to the overall efficiency and safety of helicopter operations.

As the demand for time-sensitive transportation solutions continues to grow, especially in urban settings, North America is likely to maintain its dominance in the Heliport Market. Ongoing investments in infrastructure, safety measures, and the expansion of helicopter services across diverse industries will further drive market growth in the region.

Key Players

Several key players operate in the global Heliport Market, including:
Aluminium Offshore Pte Ltd
TKH Group NV
Bnnaviation
Calzoni
Helitecnica
FEC Heliports
Helidex LLC
Heliport Systems Inc.
Eaton Corporation Plc.
Technokontrol Global Ltd

These companies play a crucial role in driving innovation, technological advancements, and market competitiveness within the Heliport industry.

Conclusion

The global Heliport Market is poised for significant growth in the coming years, driven by increasing demand for helicopter services across various industries. North America leads the market, supported by its robust infrastructure, regulatory framework, and diverse applications of helicopter operations. However, other regions such as Asia-Pacific are also expected to witness substantial growth, driven by emerging economies and increasing investments in infrastructure development.

Heliport Market Table of Content:

CHAPTER 1. Industry Overview of Heliport Market

CHAPTER 2. Research Approach

CHAPTER 3. Market Dynamics And Competition Analysis

CHAPTER 4. Manufacturing Plant Analysis

CHAPTER 5. Heliport Market By Type

CHAPTER 6. Heliport Market By Capacity

CHAPTER 7. Heliport Market By End-use

CHAPTER 8. North America Heliport Market By Country

CHAPTER 9. Europe Heliport Market By Country

CHAPTER 10. Asia Pacific Heliport Market By Country

CHAPTER 11. Latin America Heliport Market By Country

CHAPTER 12. Middle East & Africa Heliport Market By Country

CHAPTER 13. Player Analysis Of Heliport Market

CHAPTER 14. Company Profile

Key players in the industry are focused on innovation, product development, and strategic partnerships to maintain their competitive edge and capitalize on market opportunities. Overall, the outlook for the Heliport Market remains positive, with ample opportunities for growth and expansion in the foreseeable future.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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