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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 global market. In addition, as tourism and private transport increases, helicopters are built on the rooftops of skyscrapers.
COVID-19 Scenario Analysis:
Growth in tourism and rise in demand for private air travel fuel the growth of the global heliport market. 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. Moreover, the strategically located heliports are effectively used during disaster management for transporting food, water, and medical assistance. However, high installation charges are hindering the market growth. In addition, increasing number of airports and growing individual low-cost airline facilities are hampering the market potential for global heliport markets.
The global heliport market trends are as follows:
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
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.
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Questions Answered in the Heliport Market Research Report:
Key Market Segments
Key Market Players