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Helicopter Services Market Size Hit USD 41.35 Billion by 2026; Owing to Introduction of Aircraft Services such as EVTOL, says Fortune Business Insights™

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Pune, March 25, 2020 (GLOBE NEWSWIRE) — The global Helicopter Services Market size is projected to reach USD 41.35 billion by 2026 owing to the advent of urban-mobility service concepts worldwide. Helicopter or rotorcrafts air-routed vehicles capable of vertical take-off landing, unlike airplanes and are very useful for operations in remote locations. A recently published report by Fortune Business Insights™ titled, “Global Helicopter Services Market Size, Share & Industry Analysis, By Type (Light Weight, Medium Weight, and Heavy Weight), By Application (Offshore helicopter, Air Ambulance, Business/Corporate Travel, Disaster & Humanitarian Aid, Leisure Charter, Transport, Media & Entertainment, and Surveying & Aerial Imaging), and Regional Forecast, 2018-2026.” According to this report, the market size was USD 34.19 billion in 2018 and is expected to exhibit a CAGR of 2.41% between 2019 and 2026.What is the Scope of the Report?The report offers a comprehensive overview of the market dynamics, such as factors boosting, repelling, challenging, and creating opportunities for the market. It throws light on the table of segmentation of the market based on factors such as type, applications, and regions, and the names of leading segments with the market figures. The report talks about current helicopter services market trends, key industry developments, swot analysis, competitive landscape, and other interesting insights. List of players operating in the market and the significant strategies adopted by them to gain a competitive edge in the competition are also provided in the report. For more information on the market, log on to the company website.
Request a Sample Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/helicopter-services-market-102529

Market Drivers
Rising Popularity of traveling by-air will Drive MarketThe surge in smart city building projects and massive investments in medical infrastructure and facilities are major factors promoting the helicopter services market growth. Additionally, the advent of autonomous technology based on the utilization of artificial intelligence and real-time monitoring will also add impetus to the market. Besides this, the implementation of services such as urban-mobility and electric-vertical take-off-and-landing (EVTOL) are further expected to augment the overall growth of the market during the forecast period. Moreover, the increase in human organ transportation via air ambulance services is also promoting the growth of HEMs, thereby boosting the Helicopter Services Market.On the contrary, factors such as stringent regulatory measures taken by various governments on account of multiple accidents and fatality cases may cause significant hindrance to the overall market. The Federal Aviation Administration (FAA) laid specific rules and regulations for service providers wherein helicopters should strictly follow specific rules ensuring both pilot and passenger safety to avoid mishaps. Nevertheless, the increasing demand for helicopter emergency medical service (HEMs) will create lucrative growth opportunities for the market in the forecast period.List of Key Helicopter Services Market Manufacturers:Carson Helicopters Inc.Alpine Helicopters Inc.Air Charters India Pvt. Ltd.Pheonix-helicopter-chartersPHI InternationalGulf HelicoptersErickson IncorporatedBristow Helicopters LimitedAir Methods CorporationParamount Business JetsHeli Air Limited
Get Detailed Insights of this Research Report with TOC:
https://www.fortunebusinessinsights.com/helicopter-services-market-102529

Regional Segmentation:


Asia Pacific will Emerge as the Fastest Growing Region with Rising Tourism Industry
As far as the regional segment is concerned, the global helicopter services market is categorized into the regions of Europe, Asia Pacific, North America, and the Rest of the World. Among these, North America generated the highest helicopter services market share with a revenue of $20.00 billion in 2018 attributable to the increasing expenditure on commercial helicopters by governments and the growing demand for HEMs. Besides this, the U.S. has significant helicopter service providers, namely Analar Corporation, Wilco Helicopters Inc., Pacific Point Aviation Inc., Air Ocean Aviation, and others, the presence of which is promoting the market growth. Moreover, the increasing demand for oil and gas exploration services, rescue and search operations, and air ambulance services are further expected to aid in the expansion of the regional market.On the other side, Asia Pacific will witness significant growth owing o the rise in the tourism industry in nations such as China, India, and others and the presence of the highest number of helicopter fleet services in countries such as New Zealand and Australia. In 2018, New Zealand had 1913 helicopter fleets in service.
Competitive Landscape:


Long-term Contracts and Agreements to Help Players Gain Competitive Edge in Market
Major companies functioning in the helicopter services market are emphasizing on geographical expansion and strengthening of service portfolio throughout the world. They are also adopting strategies such as agreements and contracts, mergers and acquisitions, collaborative partnerships with service providers for gaining a higher profit margin. Such policies will not only intensify the market competition but also attract top helicopter services market revenue in the forecast period.
August 2019 – PHI International was acquired by HNZ New Zealand for helping the PGI International to strengthen their service portfolio and earn significant revenue.February 2019 – Blue Cross and Blue Shield of Texas (BCBSTX) signed a contract with Air Methods for providing medical services to the former companies. This contract aims at expanding the business of all the companies involved all over the U.S.Detailed Table of Contents:IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesMarket TrendsKey InsightsKey Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and PartnershipsLatest technological AdvancementsPorters Five Forces AnalysisSupply Chain AnalysisGlobal Helicopter Services Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeLight WeightMedium WeightHeavy WeightMarket Analysis, Insights and Forecast – By ApplicationOffshore HelicopterAir AmbulanceBusiness/Corporate TravelDisaster and Humanitarian AidLeisure CharterTransportAir CraneCargoMedia and EntertainmentFilm ShootingSpecial OccasionsSurveying and Aerial ImagingPhotography3D Scanning MappingMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia pacificRest of the worldTOC Continued…!
Have a Look at Related Market Insights:Helicopter Market Size, Share & Industry Analysis, By Type (Civil & Commercial and Military), By Application (Emergency Medical Services (EMS), Corporate Services, Search and Rescue Operation, Oil and Gas, Defense, Homeland Security), By System (Airframe, Engine, Avionics, Landing Gear System, and Cabin Interiors), By Weight (Light Weight, Medium Weight, and Heavy Weight), By Point of Sale (OEMs and Aftermarket), and Regional Forecast 2019-2026
Air Crane Helicopter Market Size, Share & Industry Analysis, By Application (Power Line Construction, Aerial Firefighting, Logistics Operations, Oil & Gas, and Others), By Endurance (Up to 5,000 feet and Up to 10,000 feet), By External Load Capacity (Up to 3,000 pounds, Up to 6,000 pounds, and Up to 12,000 pounds, Up to 15,000 pounds), By End User (Civil & Commercial and Military), and Regional Forecast, 2019-2026
Avionics Market Size, Share & Industry Analysis, By System (Hardware Systems (Flight Management System (FMS), Communication, Navigation, and Surveillance (CNS), Electrical System, Emergency System, Health Monitoring System, Collision Avoidance System, Weather System) and Software Systems), Platform (Commercial, Military, Business Jets, General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2019-2026Aircraft Cabin Interior Market Size, Share & Industry Analysis, By Type (Aircraft seating, In-Flight entertainment and connectivity systems (IFEC), Aircraft Gallery, Aircraft Lavatory, Cabin Lighting), By Material (Aluminium Alloy), By Aircraft Type (Wide-Body Aircraft, Narrow Body Aircraft, Very large Aircraft), By End-User (OEM, Aftermarket, MRO) and Geography Forecast till 2026Connected Aircraft Market Size, Share & Industry Analysis, By Type (Systems and Solutions), Connectivity (Inflight, Air to Air, and Air to Ground Connectivity), Application (Commercial and Military), Frequency Band (Ka-Band, Ku-Band, and L-Band) and Regional Forecasts, 2019-2026Aviation Analytics Market Size, Share & Industry Analysis, By Component (Service, Software), By Application (Flight Risk Management, Inventory Management, Fuel Management, Revenue Management, Navigation Services), By Business Function (Sales & Marketing, Finance, Repair & Operations, Supply Chain Management), By End-User (Airlines, Airports, Others) Others and Regional Forecast, 2019-2026Aerostructures Market Size, Share & Industry Analysis, By Component (Wings, Nose, Fuselage, Nacelle, Empennage & Pylon and Others), By Material (Metals, Composites and Alloys), By Platform (Fixed-wing aircraft (Commercial Aircraft, Military Aircraft, and UAV’s) and Rotary-wing Aircraft (Commercial Aircraft, Military Aircraft, and UAV’s)), and Regional Forecast 2019-2026
Aircraft Engine Market Size, Share & Industry Analysis, By Engine Type (Turboprop, Turboshaft, Turbofan, Piston Engine), By Technology (Conventional Engine and Electric/Hybrid Engine), By End-user (Commercial, Military, and General Aviation), By Component (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System, and Others), and Regional Forecast 2018-2026
5G in Aviation Market Size, Share & Industry Analysis, By Platform (5G Airport and 5G Aircraft), Technology (FWA, URLLC/MMTC, and eMBB), Communication Infrastructure (Small Cell, Radio Access Network (RAN) and Distributed Antenna Systems (DAS)), 5G Services (Airport Operations, and Aircraft Operations), and Regional Forecast 2019-2026

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:
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Read Press Release on Helicopter Services Market Research Report: https://www.fortunebusinessinsights.com/press-release/helicopter-services-market-9679

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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