Helicopter Meteorological Software Market Size, Share & COVID-19 Impact Analysis, By Platform (Helicopter and Heliports/Helipads), Application (Emergency Medical Services, Corporate Services, Search & Rescue, Oil & Gas, Homeland Security, Transportation, Others), Offering (Electronic Flight Display (EFD) Software, Application-Based Software, PC/Desktop Software, Mobile Software), End-Use (Private Operator) and Regional Forecasts, 2020-2030

The global helicopter meteorological software market size was USD 86.4 million in 2019 and is projected to reach USD 117.2 million by 2030, exhibiting a CAGR of 4.68% during the forecast period.

Meteorological software gets weather information through meteorological radars, weather radars, sensors, flying aircraft, and helicopters. Radars provide information such as temperature, wind speed, humidity, wind direction, climatic, and other environmental conditions. The collected information is then processed in the software. It is used to prepare reports such as Meteorological Aerodrome Reports (METARs), Terminal Aerodrome Forecasts (TAFs), and Wind aloft that are used in the aviation industry.

Helicopter Industry is Facing Unmatched Challenges due to COVID-19 Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization (WHO) declaring it a pandemic. The global impacts of the COVID-19 have already started to be felt, and will significantly impact the meteorological software market in the year 2020 and 2021. Moreover, the IT industry has been impacted by COVID-19. The reduction in demand has changed the dynamic of this industry. It is also causing disruptions in the supply chain.

India Meteorological Department (IMD) claimed that there was a 60% decline in the meteorological data that depends on aircraft due to flight suspensions. In India, nearly eight lakh pieces of data sent daily to the World Meteorological Organization’s Aircraft Meteorological Data Relay Programme from 43 airlines have dropped by 80% since march-end. According to the International Civil Aviation Organization (ICAO), a United Nations Agency, the coronavirus outbreak is expected to cause USD 1.29 billion in revenue loss for Japanese tourism just in the first quarter of 2020.

LATEST TRENDS

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Adoption of eVTOL Technology is a Prominent Trend

In recent years, the helicopter domain in the aviation sector is showcasing a strong growth due to the demand from numerous applications such as emergency medical services, search and rescue, oil & gas, and others. The rising research and development activities by companies in the eVTOL concept are likely to exhibit significant growth in the next few years. Due to the use of electric propulsion, this new technology emerged as reliable, user-friendly, faster, and efficient in terms of the overall operation.

Meteorological software providers across the globe should look forward to developing software products and services for such air vehicles to dominate the market presence. The development of compatible software for helideck monitoring systems that provide atmospheric information such as temperature, wind speed and direction, and cloud data would propel the growth of the market.

DRIVING FACTORS

Rising Demand for Helicopter Emergency Medical Services (HEMS) to Propel Market Growth

Growing investments in the healthcare sector and the rising investment by private hospitals in infrastructure development in countries such as the U.S., Australia, France, and others are creating a high demand for helicopter emergency medical services (HEMS). Hospitals in the urban areas prefer air ambulance services over roadway transportation attributed to their benefits, such as fast and safe transportation of patients to the hospitals. Moreover, the rising human organ transportation through air ambulance is driving the growth of the market.

Helicopter pilots require real-time weather information to operate helicopters in harsh environments for avoiding accidents. Thus, the demand for helicopters is continuously increasing for numerous applications that, in turn, is creating a need for weather monitoring software. The meteorological software installed in helicopters and heliports provides real-time information to air traffic controllers and pilots for efficient helicopter operations. Passenger safety is an important aspect in the aviation sector; aircraft operators always ensure the safety of their passengers and comfort all the time, helicopter meteorological software provides safety to all flights. Thereby, raising concern over passenger safety is supporting the market growth.

Development of Real-time Data Tracking Software for Weather Monitoring and Forecasting will Favor Growth

An increasing demand for helicopters for a variety of applications such as search & rescue, oil and gas, emergency medical services, transportation, and others would drive the growth of the market. Helicopter operations require real-time atmospheric data such as temperature, wind speed, and weather forecasting information to avoid accidents. The rising accidents and safety norms described by the Federal Aviation Administration (FAA) is also a major reason for the implementation of real-time data management software. Real-time data tracking assists the pilot to take the required decisions during the flight. Moreover, the information related to the helicopter system and software is provided by the flight management software installed in the helicopter.

RESTRAINING FACTORS

Stringent Government Rules and Regulations to Restrict Market Growth

According to the United States Helicopter Safety Team (USHST), helicopter fatal accident rate was continuously increased from 2016 to 2018. In these years, in North America and Europe, there were major helicopter accidents reported. Thus, to minimize the risk of accidents and fatalities, the Federal Aviation Administration (FAA) has laid down rules and regulations for the service providers. The company certification process is carried out by considering the described regulatory norms. Due to these stringent rules, software providers need to modify their software features based on a helicopter and the region where it operated.

SEGMENTATION

By Platform Analysis

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Helicopter Segment Dominated in 2019 Owing to Their High Demand for Several Applications

Based on the platform, the market for helicopter meteorological software includes helicopters and heliports/ helipads. The helicopter segment held a dominant share of the market in 2019. The dominance is due to the increasing demand for helicopters for a variety of military and commercial applications. The meteorological software installed in helicopters provides useful information for weather monitoring and forecasting.

The heliports/helipads segment would showcase a significant growth owing to the increasing offshore helicopter operations and the rising number of heliports across the globe. Helideck monitoring systems installed in heliports to collect real-time weather data are useful for flight schedules.

By Application Analysis

EMS Segment to Grow at Faster Pace Fueled by Rising Demand for Air Ambulances

Based on application, the helicopter meteorological software market is classified as emergency medical services (EMS), corporate services, search and rescue, oil & gas, homeland security, transportation, and others. The EMS segment is set to hold the largest share of the market during the forecast period. This dominance is due to the increasing demand for air ambulances for emergency services and the rising investments in the healthcare sector.

The oil & gas segment is projected to show significant growth during the forecast period due to the increasing oil & gas extraction activities. Helicopters are majorly used for transportation purposes that would further drive the growth of the transportation segment.

By Offering Analysis

EFD Software Segment to Grow Steadily Backed by Development of Aviation Industry

Based on offering, the market for helicopter meteorological software is segmented into electronic flight display (EFD) software, application-based software, PC/desktop software, and mobile software. The EFD software segment is predicted to grow at the highest CAGR from 2020 through 2030. The growth is attributed to the development of the aviation industry across the globe. The pilot gets the information through flight displays that require compatible software to prepare reports related to weather forecasting, flight management, and others. The PC/desktop software segment would show a significant growth owing to the increasing number of heliports and helipads possessing desktop software for air traffic controllers, ground crews, and others. The application-based software and mobile software segment would show moderate growth due to the increasing demand for mobile applications.

By End Use Analysis

Increasing Number of High Net Worth Individuals to Drive Private Operator Segment

Based on end-use, the market for helicopter meteorological software is classified into a private operator and fleet operator. The private operator segment is further divided into single owner and 2~owners. The fleet operator segment held the highest market share in 2019. The presence of a large number of helicopter service providers for numerous applications such as oil & gas, EMS, search and rescue, and others would accelerate the growth of this segment. The private operator segment is estimated to witness the highest growth rate during the forecast period of 2020-2030. The growth is due to the increasing number of high net worth individuals and the use of helicopters for personal and business use.

REGIONAL INSIGHTS

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The market size in North America stood at USD 32.6 million in 2019. The dominance of this region is attributable to the increasing demand for helicopters for numerous commercial applications from the U.S. and Canada. The presence of key players such as DTN, ForeFlight LLC, Collins Aerospace, and NavBlue Inc. would also drive the market growth in North America.

Europe would register a remarkable growth of the market due to the presence of a large number of helicopter operators in countries such as France, the U.K, and Germany. Additionally, the presence of many key players such as Dassault Systemes, Lufthansa Systems, Fugro, and others would drive the growth of the regional market.

Asia Pacific is expected to exhibit healthy growth during the forecast period owing to the expanding aviation industry in China and India. In addition to this, New Zealand and Australia have major helicopter fleets with a large number of helicopter service providers. The rest of the world would register significant growth during the forecast period. This growth is attributed to the presence of the highest number of helicopters in Brazil and the growing oil & gas industry in the Middle East and Africa.

KEY INDUSTRY PLAYERS

Development of Advance Meteorological Software for Real-Time by Key Players to Propel Growth

The design and development of advanced software systems, low-cost software, and more efficient incompatibility with hardware systems are the upcoming trends in the market. A diversified product portfolio of software, along with an innovative research technology adopted by key players, are the major factors that are likely to drive the market of helicopter meteorological software.

LIST OF KEY COMPANIES PROFILED:

• Airmar Technology Corp. (The U.S.)


• Campbell Scientific, Inc. (The U.S.)


• Collins Aerospace (The U.S.)


• Dassault Systemes (France)


• DTN (The U.S.)


• ForeFlight LLC (The U.S.)


• Fugro (The Netherlands)


• Honeywell International Inc (The U.S.)


• KONGSBERG (Norway)


• Lufthansa Systems (Germany)


• NavBlue Inc. (Canada)


• Observator Group (The Netherlands)


• RH Marine (The Netherlands)


• Schneider Electric (France)


• Vaisala (Finland)

KEY INDUSTRY DEVELOPMENTS:

• 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 systems.


• December 2018 – Robinson Helicopters signed an agreement with Avidyne Corporation. Under this agreement, Avidyne Corporation would provide its IFD440/IFD410 FMS/GPS systems for R22, R44, and R22 helicopters. The IFDs are specially developed for helicopter operations. They offer operators a full set of knobs & buttons, as well as a touch-screen input for improved ease of use and reliable control in all conditions.

REPORT COVERAGE

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The helicopter meteorological software market research report includes an in-depth technical analysis of the market and majorly focusing on key aspects such as leading market players, COVID-19 effect on the market, product systems, leading technological trends, research ideology of the product, and market dynamics. Besides this, the report offers insights into the market trends and highlights key industry analysis and developments & trends. In addition to the factors above, the report provides multiple factors that will contribute to the helicopter meteorological software market growth during the forecast period.

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