Offshore Wind Rotorcraft
A new report from Air & Sea Analytics forecasts compound annual growth of 17% in the requirement for rotorcraft to support offshore wind operations with over $1 billion of additional aircraft required.
The fleet is forecast to expand from the current 27 aircraft to total 126 aircraft by 2030.
Air & Sea Analytics has today published a new report taking a ‘deep dive’ into the offshore wind rotorcraft business. The report is intended to provide the industry with a view of the current status and outlook for the offshore wind rotorcraft market. Offshore wind has become a major global industry with many multi-billion-dollar projects being constructed every year. As these projects become larger and further from shore rotorcraft have become a key part of the supply chain in construction and maintenance. Whilst OEMs have been quick to highlight the potential for the sector as a major new growth opportunity for rotorcraft, the industry has been somewhat opaque in recent years with little clarity on how many aircraft are currently servicing the industry (last year estimates from third parties ranged from 11-40 aircraft) and how many are required in the future.
The purpose of this new report is to explain the drivers of demand for this important sector, build a forecast of future activity based on a granular project by project analysis and translate this to demand for rotorcraft.
