Heliport Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 70.19 Million |
| Market Size (2029) | USD 79.76 Million |
| CAGR (2024 - 2029) | 2.59 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Heliport Market Analysis
The Heliport Market size is estimated at USD 70.19 million in 2024, and is expected to reach USD 79.76 million by 2029, growing at a CAGR of 2.59% during the forecast period (2024-2029).
- The use of helicopters for VIP commute and tourism purposes has increased in many regions of the United States, Brazil, the United Kingdom, China, and India, among other countries. This has increased the emphasis on the construction of new heliports in these regions, to support such services.
- The upcoming oil and gas exploration and production projects in the Mediterranean, Guyana, and East Africa are expected to be relatively new and attractive markets for offshore helicopter services. Such projects are anticipated to open future market opportunities for heliport construction.
- The market has relatively fewer barriers for new entrants, and any established construction company can venture into the industry.
Heliport Market Trends
This section covers the major market trends shaping the Heliport Market according to our research experts:
General Aviation is Expected to Experience the Highest Growth during the Forecast Period
General aviation is anticipated to register the highest CAGR during the forecast period. This is mainly due to the increasing helicopter services for VIP transportation, personal transportation, and tourism. With increasing tourism and personal transportation through helicopters, there is an increasing demand for building rooftop heliports on skyscrapers. For instance, in 2015, 20 high-rise buildings were given the clearance to build helipads for commercial and personal use. Such approvals supported the growth of the helicopter services in the region, which resulted in the launch of heli-taxi services by Thumby Aviation in the city, connecting Electronic City to Bangalore International Airport, in March 2018. Similar services were also launched in the United States and in some of the European countries. With the increasing demand for such services, the demand for rooftop heliports is increasing, thereby, boosting the growth of the market segment.
North America was Anticipated to Garner the Highest Market Share in 2019
The North American region currently holds the highest share of the market. The market is anticipated to witness a gradual growth during the forecast, owing to the increasing helicopter services in the region. As of November 2018, there were 5,660 heliports (not all are for public use) and 9,750 civil helicopters in the United States. However, the demand for heliports is anticipated to increase, owing to the increasing adaptation of helicopters for public and para-public missions, like search and rescue, helicopter emergency medical services (HEMS), and law enforcement. Recently, in July 2019, Uber Copter launched its helicopter transportation services from Manhattan to JFK Airport and announced its plan to roll out these services to more customers (currently available for Platinum and Diamond members only) and across other cities. With such initiatives being underway, the market is anticipated to witness growth during the forecast period.
Heliport Industry Overview
The market for heliports (construction) is highly fragmented, as there are many regional players. The prominent players in the heliport market are Heliport Systems Inc., Aluminium Offshore Pte Ltd, FEC Heliports, Technokontrol Global Ltd, and Helitecnica. As there are no specific regulations for heliport construction, the market entry for established construction companies is easier. For instance, in September 2019, Jones Bros Civil Engineering United Kingdom, a United Kingdom-based civil engineering contractor, completed the construction of USD-5.45-million heliport base in Barrow-in-Furness, which will support the helicopters in transporting technicians to and from the Walney Extension offshore wind farm project. Similarly, South West Highways Ltd, a joint venture between Colas Ltd and Eurovia UK Ltd (provides maintenance services for highways, bridges, and coastal structures), was selected for the Derriford Helipad construction. This project was conducted by the Plymouth Hospital NHS Trust, to deliver an improved helicopter landing facility, with a contract value of USD 1.99 million (completed in 2015). With a large number of construction companies involved in the market, along with the increasing demand for new heliports across the world, the market competitiveness is anticipated to grow over the coming years.
Heliport Market Leaders
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Heliport Systems Inc.
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Aluminium Offshore Pte Ltd
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FEC HELIPORTS
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Technokontrol Global Ltd
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Helitecnica
*Disclaimer: Major Players sorted in no particular order
Heliport Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Buyers/Consumers
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4.4.2 Bargaining Power of Suppliers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 General Aviation
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5.1.2 Offshore
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5.1.3 Medical
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5.2 Geography
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5.2.1 North America
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5.2.2 Europe
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5.2.3 Asia-Pacific
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5.2.4 Latin America
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5.2.5 Middle-East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Vendor Market Share
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6.2 Company Profiles
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6.2.1 Heliport Systems Inc.
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6.2.2 Aluminium Offshore Pte Ltd
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6.2.3 FEC Heliports
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6.2.4 Bnnaviation
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6.2.5 Helipad Company
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6.2.6 Technokontrol Global Ltd
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6.2.7 Helitecnica
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Heliport Industry Segmentation
A heliport is an area of land, water, or adjoining structure that is used (or intended to be used) for the landing and take-off of helicopters, and it includes buildings, MRO facilities, hangers, etc. The market study includes the construction of new heliports for various applications, like VIP transport, medical emergencies, and offshore purposes.
| Application | |
| General Aviation | |
| Offshore | |
| Medical |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle-East & Africa |
Heliport Market Research FAQs
How big is the Heliport Market?
The Heliport Market size is expected to reach USD 70.19 million in 2024 and grow at a CAGR of 2.59% to reach USD 79.76 million by 2029.
What is the current Heliport Market size?
In 2024, the Heliport Market size is expected to reach USD 70.19 million.
Who are the key players in Heliport Market?
Heliport Systems Inc., Aluminium Offshore Pte Ltd, FEC HELIPORTS, Technokontrol Global Ltd and Helitecnica are the major companies operating in the Heliport Market.
Which is the fastest growing region in Heliport Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Heliport Market?
In 2024, the North America accounts for the largest market share in Heliport Market.
What years does this Heliport Market cover, and what was the market size in 2023?
In 2023, the Heliport Market size was estimated at USD 68.42 million. The report covers the Heliport Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Heliport Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Heliport Industry Report
The report covers the Global Heliport Market and provides a comprehensive industry analysis. It delves into various aspects such as market size, market share, market analysis, and market report, offering a detailed market overview. The industry report includes insights into market growth and market trends, highlighting the market forecast and market outlook. Additionally, the report includes industry research and industry statistics, giving a thorough industry overview.
The industry reports indicate that the heliport market is segmented by application into general aviation, offshore, and medical. The market research provides an in-depth market review and market segmentation, analyzing the market value and market data. The report also covers industry information, industry sales, and industry size, offering a clear picture of market growth.
Furthermore, the market report includes a market forecast outlook and market predictions, supported by industry trends and industry outlook. The report example and report PDF download are available for those interested in detailed industry research and market leaders. The research companies have compiled a comprehensive analysis, ensuring that all aspects of the heliport market are covered.
In summary, this report provides an extensive market analysis, including market trends, market growth, and industry statistics. It serves as a valuable resource for understanding the heliport market, its segmentation, and the factors driving its growth. The industry analysis and market forecast offer insights into the future direction of the market, making it a crucial tool for stakeholders and decision-makers.
Heliport Market Report Snapshots
