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The global helicopter meteorological software market size was valued at USD 104.7 million in 2022. The market is projected to grow from USD 111.8 million in 2023 to USD 178.3 million by 2030, exhibiting a CAGR of 6.9% during the forecast period. North America dominated the helicopter meteorological software market with a market share of 31.9% in 2022.
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Request SampleMeteorological software gets climate data through meteorological radars, climate radars, sensors, flying airships, and helicopters. Radars give data such as temperature, wind speed, mugginess, wind course, climate, and other natural conditions. The collected data at that point is handled within the program. It is utilized to get ready reports such as Meteorological Aerodrome Reports (METARs), Terminal Aerodrome Estimates (TAFs), and wind aloft that are utilized within the flying industry.
The helicopter 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 of the aviation sector; aircraft operators always ensure the safety and comfort of their passengers, and helicopter meteorological software provides safety for all flights. Numerous operators and airlines are retrofitting old helicopters with the software and purchasing new helicopters equipped with the latest meteorological software, thereby driving the growth of the market over the forecast period.
Challenges and Opportunities of COVID-19's Divergent Impact on the Market
The COVID-19 pandemic presented both challenges and opportunities for the market. Since the COVID-19 outbreak in December 2019, the disease has spread all over the world, leading to a complete halt in all aviation-related operations. A disrupted supply chain led to a scarcity of raw materials, impacting helicopter production and deliveries worldwide. As meteorological software is a principal component of a helicopter, the market experienced a decline in demand during the pandemic.
However, the pandemic also created opportunities for companies to invest in R&D, enabling the launch of advanced meteorological software to compete in this market. This, in turn, is expected to boost the global helicopter meteorological software market growth over the forecast period.
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Integration of Artificial Intelligence in Meteorological Software to Positively Grow the Market
In recent years, there have been numerous advances in technology in the competition to provide the best and most accurate software to operators and helicopter manufacturers. Artificial Intelligence (AI) ensures accuracy in magnitude and speed predictions and facilitates better judgment for the pilot. Therefore, artificial intelligence is the most prominent trend in helicopter meteorological software. Numerous service airlines have started using AI-enabled software in aircraft for better meteorological assessments. For instance,
Rising Fleet of Helicopters to Catalyze the Market Growth
There has been a surge in helicopter deliveries, leading to growth in the helicopter fleet. Helicopter pilots require real-time atmospheric and weather information to operate helicopters in harsh environments and avoid accidents. Thus, the demand for helicopters is continuously increasing for numerous applications, which, in turn, is creating a need for weather monitoring software.
Growing applications of helicopters in transport, delivery, and medical fields, such as air ambulance, are expected to further grow the market for helicopters as well as the market for meteorological software.
Technological Advancements to Aid Real-time Data and Bolster Market Growth
Increasing demand for helicopters for a variety of applications, such as search & rescue, oil & gas, emergency medical services, transportation, and others, is driving the growth of the market. Helicopter operations require real-time atmospheric data such as temperature, wind speed, and weather forecasting information to prevent accidents. The rising number of accidents and safety norms described by the Federal Aviation Administration (FAA) are also major reasons for the implementation of real-time data management software. Real-time data tracking assists the pilot in making the required decisions during flights. Moreover, information related to the helicopter system and software is provided by the flight management software installed in the helicopter.
Lack of Weather Analysis Accuracy to Restrict Market Growth
Even with the latest technological advancements and growing helicopter fleets and applications, there isn’t complete precision in weather detection and analysis due to many reasons. The primary reasons for the same can be the variable nature of weather, wind, and other components, which lead to inaccurate readings. Technological advancements have led to nearly accurate analyses but not completely accurate. This, in turn, can cause a hindrance to the market of helicopter meteorological software over the forecast period.
Growing Application and Delivery of Helicopters Led to Dominance of Helicopter Segment
Based on type, the market is categorized into helicopter and heliports/helipads.
The helicopter segment accounted for the largest market share and is anticipated to grow at a higher compound annual growth rate, owing to the growing demand and delivery of helicopters for various civil and military applications. Additionally, during the COVID-19 pandemic, the emergence of demand for air ambulances led to a boost in helicopter production globally.
The heliports/helipads segment is predicted to grow at a significant CAGR owing to several technological advancements and applications. Furthermore, there are growing helicopter applications and advancements in aviation infrastructure in developing and developed nations.
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Emergency Medical Services Dominates the Market Owing to Air Ambulance Application
Based on application, the market is categorized into emergency medical services, corporate services, search & rescue, oil & gas, homeland security, transportation, and others.
The Emergency Medical Services (EMS) segment is anticipated to be the largest segment owing to air ambulance applications, which fueled the demand for helicopters during the pandemic. In the aftermath of the pandemic, air ambulance and emergency medical services are considered relevant and are expected to maintain their dominance owing to surging demand for quick medical services and medical equipment transport.
The oil & gas segment is expected to grow at the highest CAGR over the forecast period owing to increasing oil extraction and transport, which is expected to further aid the segment’s growth.
Electronic Flight Display Software Segment Dominates Owing to Rapid Technological Developments
Based on offering, the market is divided into Electronic Flight Display (EFD) software, application based software, PC/desktop software, and mobile software.
The Electronic Flight Display (EFD) software segment accounted for the largest market share in 2022 and is anticipated to maintain its dominant position over the forecast period. This position can be attributed to constant technological advancements in aircraft avionics and meteorological software.
The PC/desktop software segment is anticipated to grow at the highest CAGR from 2023-2030, owing to the surge in demand for remote helicopter meteorological software access. In the aftermath of the COVID-19 pandemic, it has been observed that remote access to software is being preferred by operators, thereby ensuring a surge in PC/desktop software. Additionally, the mobile software segment is expected to grow at a significant CAGR due to ease of operations and remote access to meteorological software.
North America Helicopter Meteorological Software Market Size, 2022 (USD Million)
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By region, the market is analyzed across North America, Europe, Asia Pacific, and the Rest of the World.
The North America market was valued at USD 33.4 million in 2022. The region is expected to dominate the helicopter meteorological software market share due to increasing demand for helicopters for various commercial applications and the presence of key market players such as ForeFlight LLC and Collins Aerospace.
The Asia Pacific market is anticipated to grow at the highest CAGR during the forecast period owing to increase in the number of OEMs in the region. Additionally, a growing aerospace sector, advancements in technology, and the overall infrastructure development are anticipated to support the rapid market growth of helicopter meteorological software over the forecast period.
Europe accounted for a significant market share in 2022. The region’s large share is due to increased demand for helicopters from developed European countries such as France, the U.K., Italy, and Germany. The rising demand is due to the budding fleet expansion in the region. Additionally, the pandemic has subsequently led to a growth in the number of helicopter operators to facilitate helicopter operations.
The rest of the world consists of Latin America and the Middle East & Africa. Latin America is expected to witness significant growth due to infrastructural developments and various reforms introduced by governments in the region to facilitate smooth aerospace operations.
Key Market Players are Focused on Providing Advanced Software in the Market
The global market is consolidated, with several global helicopter meteorological software players operating in this industry. The key players have a variety of product portfolios with a focus on providing the latest and most advanced helicopter meteorological software. The top players in the industry are ForeFlight LLC, Honeywell International Inc., Leonardo S.p.A., and other listed companies.
Other prominent players engaged in the market include HELI EFB GmbH, KONGSBERG Gruppen ASA. Major OEMs have partnerships or acquisitions to sustain their market position.
An Infographic Representation of Helicopter Meteorological Software Market
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The report provides detailed information on the market and focuses on leading companies, software types, and leading applications. Besides this, the report offers insights into the market trends, market competition, and highlights key industry developments. In addition to the above factors, it contains several factors that have contributed to the sizing of the global market in recent years.
ATTRIBUTE | DETAILS |
Study Period | 2020-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 6.9% from 2023 to 2030 |
Unit | Value (USD Million) |
Segmentation | By Type
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By Application
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By Offering
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| By Region
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Fortune Business Insights stated that the global market size was USD 104.7 million in 2022 and is projected to reach USD 178.3 million by 2030.
Registering a CAGR of 6.9%, the market will exhibit rapid growth during the forecast period (2023-2030).
The PC/desktop software segment will dominate this market during the forecast period.
ForeFlight LLC and Leonardo S.p.A are the leading players in the global market.
North America topped the market in terms of shares in 2022.
The U.S. dominated the market in 2022.
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