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Aeronautical software is the software used for various operations in aviation industry. Helicopter software includes different software such as electronic flight display (EFD) software, application-based software, PC/Desktop software, and mobile software. These software’s prepare reports and provides real time information to pilots. Meteorological software plays vital role in helicopter operations as it is used to provide weather monitoring and forecasting data. Helicopters are used for variety of applications such as emergency medical services (EMS), oil & gas, search & rescue, transportation, and others.
Furthermore, software solution providers are focusing development of software’s with advanced technologies such as Internet of Things (IoT) and artificial intelligence (AI) to improve reliability, accuracy, and performance. In February 2020, FreeFlight Systems joined the aviation business segment of ACR Group. ACR Group’s aviation solution segment includes latitude technologies, flight data systems, and SKYTRAC and ARTEX system.
By platform, the market segmented into helicopter and heliports/helipads. Based on the application, the market segmented into emergency medical services, corporate services, transportation, search & rescue, oil & gas, homeland security, and others. Based on offering, the market is classified into electronic flight display software, application-based software, mobile software, and PC/Desktop software. On the basis of end use, the market is divided into private operator and fleet operator. From a geographical standpoint, the market categorized into North America, Europe, Asia Pacific, and the rest of the World.
Key Market Driver -
Adoption of autonomous technology and real time data tracking software drives the growth of the market.
Key Market Restraint -
Configuration and compatibility with hardware systems hampers the growth of the market.
Major key players that are present in the global helicopter aeronautical software market are Abaco Systems, Inc. (The U.S.), Aspen Avionics, Inc. (The U.S.), Avidyne Corporation (The U.S.), BendixKing (The U.S.), L3Harris Technologies, Inc. (The U.S.), Sandia Aerospace Corporation (The U.S.), ASB System Private Limited (India), Campbell Scientific, Inc. (The U.S.), Collins Aerospace, a Raytheon Technologies Company (The U.S.), Dassault Systèmes (France), and among others.
The helicopter aeronautical software market is analyzed across four major regions North America, Europe, Asia Pacific, the Middle East, and Rest of the World. At present, North America holds the highest market share in the helicopter aeronautical software market. The U.S. has highest number of helicopter fleet in the world. Well flourished IT sector, and rising expenditure on research & development drive the growth of the market across the North America. Furthermore, presence of key players such as L3Harris Technologies, Inc., Aspen Avionics, Inc., Collins Aerospace, and others propels the growth of market.
Asia-Pacific is anticipated to witness significant growth in the helicopter aeronautical software market during the forecast period. The growth is due to the rising use of helicopters for numerous applications such as EMS, corporate services, transportation, search & rescue, and others. Increasing number of helicopter operators in countries such as China, India, Japan, and others drive the growth of the helicopter aeronautical software market across the region.
Europe is anticipated to witness moderate growth owing to the presence of key players such as Dassault Systèmes, Fugro, KONGBERG, and others. In the Rest of the World, the market will show moderate growth due to increasing spending on research to develop advanced software for helicopter operations.
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