Product ID: UCMIR20R2050
Report ID:
UCMIR20R2050 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Middle East and Africa represent a substantial market for helicopter services, with a projected growth rate of 4.7% in the coming years. The global helicopter services market is anticipated to increase from USD 14.15 billion in 2022 to USD 23.80 billion by 2030. This growth is driven by factors like the expansion of offshore oil and gas activities, the rise in tourism, and increased military and defense applications. The region is home to prominent helicopter service providers like Abu Dhabi Aviation, Gulf Helicopters, and Saudi Arabian Airlines. However, the market's progress may face challenges due to political instability.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Air Freight & Logistics by segment aggregation, the contribution of the Air Freight & Logistics in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIR20R2050