North America Offshore Helicopter Services Market Size

Statistics for the 2023 & 2024 North America Offshore Helicopter Services market size, created by Mordor Intelligence™ Industry Reports. North America Offshore Helicopter Services size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of North America Offshore Helicopter Services Industry

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North America Offshore Helicopter Services Market Summary
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Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 3.51 %
Market Concentration Medium

Major Players

North America Offshore Helicopter Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

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North America Offshore Helicopter Services Market Analysis

The North American offshore helicopter services market is estimated to be at USD 680.12 million by the end of this year and is projected to reach USD 808.29 million in the next five years, registering a CAGR of over 3.51% during the forecast period.

  • Over the medium term, factors such as rising deep-water offshore development activity and the improved viability of offshore oil and gas projects are expected to be major drivers of the market.
  • On the other hand, the growth of the market was slowed by competition from crew transfer ships that were less expensive.
  • Nevertheless, the explosive growth of the new North American offshore wind market is likely to give the market a big chance to grow after the forecast period is over.
  • The United States is expected to dominate the market due to rising offshore oil and gas exploration and production.

North America Offshore Helicopter Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)