New York, United States , June 17, 2024 (GLOBE NEWSWIRE) — The Global Offshore Helicopter Services Market 
The medium weight segment accounted for the largest market share over the forecast period 2023 to 2033. These helicopters, which typically have a maximum gross weight of 8,000 to 12,000 pounds, provide a perfect blend of payload capacity, range, and operational efficiency, making them ideal for a variety of offshore applications such as crew transfers, equipment transportation, and aerial surveys. Furthermore, technological improvements have resulted in the development of medium-weight helicopters with improved safety features, fuel efficiency, and performance qualities, hence increasing their market popularity. As offshore activities rise internationally, notably in North America, Asia-Pacific, and Europe, the medium-weight segment is likely to maintain its growth trajectory, providing dependable and cost-effective transportation solutions for offshore operations.The search and rescue segment is dominating the market with the largest market share over the forecast period 2023 to 2033. The growing emphasis on safety and regulatory compliance in offshore operations has increased the demand for dependable SAR capabilities that can respond quickly to emergencies and safeguard the safety of workers operating in remote offshore locations. Furthermore, the growth of offshore industries, such as oil and gas exploration and renewable energy projects, has created a greater demand for SAR services to assist these operations. Furthermore, developments in SAR technology, such as improved communication systems, night vision capabilities, and search algorithms, have increased the effectiveness and efficiency of SAR operations, propelling the industry forward.North America is anticipated to dominate the Offshore Helicopter Services Market from 2023 to 2033. Helicopters play an important role in crew transfers, equipment delivery, and emergency response operations, enabling quick access to remote offshore installations. However, the market confronts several obstacles, including regulatory compliance, variable oil costs, and competition from alternative means of transportation. Despite these challenges, technological advancements such as improved safety features and fuel efficiency, combined with ongoing offshore development activities, position the North American offshore helicopter services market for long-term growth, aided by the region’s strong energy infrastructure and strategic offshore locations.This study forecasts revenue at global, regional, and country levels from 2023 to 2033.
(GlobeNewsWire)