Kongsberg Gruppen (Norway) and Fugro (Netherlands) are the Key Players in the Helideck Monitoring System Market
A helideck monitoring system analyzes the movement of a helideck during a helicopter landing to help increase safety in case of inclement or severe weather conditions. The system is traditionally used for offshore applications on FPSO (floating production storage and offloading) vessels and seismic vessels. The helideck monitoring system market is projected to grow from USD 192.8 Million in 2018 to USD 240.1 Million by 2023, at a CAGR of 4.49% from 2018 to 2023. The Asia Pacific helideck monitoring system market is growing at a significant pace due to the growth of the shipbuilding industry and trade increase in countries in the region.
Kongsberg Gruppen (Norway), Fugro (Netherlands), and Vaisala (Finland) are some of the key players operating in the helideck monitoring system market. These market players have been focusing on securing contracts to ensure organic growth in the helideck monitoring system market. The core competencies of these market players include widespread geographical presence and increased investments in R&D activities.
Kongsberg Gruppen (Norway) is a major player in the helideck monitoring system market. The company focuses on product development through extensive R&D activities. Next-generation innovations and strategic investments, coupled with a strong product portfolio, are expected to lead the company to robust international growth in future. The company’s strong R&D capabilities have resulted in engineering successes in each of its key business sectors.
Fugro (Netherlands) caters to its international customers primarily through its diversified industrial business segments. The company has a strong product portfolio and focuses on innovation and investment to grow in the market. It has sales offices and tech support centers in all the leading regional markets, including Asia Pacific, Europe, North America, the Middle East, and Africa. In May 2015, Fugro partnered with the UK Civil Aviation Authority (CAA) and Chevron North Sea Limited (UK) to improve safety regulations of helicopters for the offshore industry.
Related Reports:
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
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