Global Aviation Service For Oil & Gas Sector Market Size is Expected to Hold a Significant Share by 2033
Category: Automotive & TransportationGlobal Aviation Service For Oil & Gas Sector Market Size is Expected to Hold a Significant Share by 2033
According to a research report published by Spherical Insights & Consulting, the Global Aviation Service For Oil & Gas Sector Market Size is Expected to Hold a Significant Share by 2033, at a Compound Annual Growth Rate (CAGR) of 16.02% during the projected period.
Get more details on this report -
Browse key industry insights spread across 255 pages with 125 Market data tables and figures & charts from the report on the "Global Aviation Service For Oil & Gas Sector Market Size, Share, and COVID-19 Impact Analysis, By Service Type (Crew Movements, Cargo Charters, Air Ambulance, Onboard Couriers, and Fuel Transfer Services), By Oil & Gas Sector Type (Offshore and Onshore), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/aviation-service-for-oil-gas-sector-market
Air transport service companies prioritize the deployment of a larger fleet of aircraft to meet increased passenger demand. During the anticipated period, there is expected to be a significant growth in demand for aircraft in the regions, particularly in countries with expanding air traffic, such as China and India. The middle class is also predicted to expand dramatically, increasing purchasing power. As a result, an increase in aircraft and passengers will drive worldwide industry growth. A significant factor in the market's success is the sharp increase in the number of people utilizing airplanes. However, fuel prices are expected to be the main obstacle preventing the market for aviation services for the oil and gas industry from expanding. The exorbitant price will most likely prevent the market from expanding.
The fuel transfer services segment dominates the market with the highest market share of the aviation service for oil & gas sector market during the projected timeframe.
Based on the service type, the aviation service for oil & gas sector market is divided into crew movements, cargo charters, air ambulance, onboard couriers, and fuel transfer services. Among these, the fuel transfer services segment dominates the market with the highest market share of the aviation service for oil & gas sector market during the projected timeframe. One of the main reasons for the rise in fuel transfer services in the aviation industry for the oil and gas sector is the increasing demand for dependable and effective fuel transportation throughout the industry. This need is caused by a number of factors, such as the need for rapid fuel supply to challenging and inaccessible areas, the growth of offshore drilling operations, and increased oil and gas development.
The onshore segment is anticipated to grow at the highest CAGR of the aviation service for oil & gas sector market during the projected timeframe.
Based on the oil & gas sector type, the aviation service for oil & gas sector market is divided into offshore and onshore. Among these, the onshore segment is anticipated to grow at the highest CAGR of the aviation service for oil & gas sector market during the projected timeframe. The market for aviation services for the oil and gas sector is being driven by a rise in onshore oil and gas production, well stimulation, and drilling. It also includes services for onshore fuel storage, leadership, and transfer to meet the operational needs of onshore installations.
North America is expected to hold the largest share of the aviation service for oil & gas sector market over the forecast period.
Get more details on this report -
North America is expected to hold the largest share of the aviation service for oil & gas sector market over the forecast period. The growing use of cutting-edge methods and government programs to encourage environmentally friendly aviation fuel use support the region's market expansion. Low-cost airlines' extensive presence and developing economies' quick infrastructure development are the main drivers of the expansion.
Asia Pacific is predicted to grow at the fastest pace in the global aviation service for oil & gas sector market during the projected timeframe. This expansion is driven by variables such as abrupt increases in passenger traffic and the region's low carrier costs. Countries such as India and China are experiencing significant infrastructure changes and rapid expansion. This upgrade of airports will enhance the market during the forecast period.
Major vendors in the aviation service for oil & gas sector market Global Vectra Hilcorp Ltd., Air Charter Service, PRIVATEFLY, KEA, Ultimate Helicopter, Reliance Industriesa, Oliver Wyman LLC, Schlumberger, Transocean, PAS, Swire Energy Services Ltd., and others.
Recent Developments
- In June 2024, ExxonMobil and Air Liquide signed a deal to promote the production of low-carbon hydrogen and ammonia at ExxonMobil's Baytown, Texas, facility. The deal allows for the distribution of low-carbon hydrogen using Air Liquide's current pipeline network.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the aviation service for oil & gas sector market based on the below-mentioned segments:
Global Aviation Service For Oil & Gas Sector Market, By Service Type
- Crew Movements
- Cargo Charters
- Air Ambulance
- On board Couriers
- Fuel Transfer Services
Global Aviation Service For Oil & Gas Sector Market, By Oil & Gas Sector Type
- Offshore
- Onshore
Global Aviation Service For Oil & Gas Sector Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?