Weather Forecasting Systems Market

Weather Forecasting Systems Market by Vertical (Agriculture, Aviation, Transportation & Logistics, Oil & Gas, Marine, Renewable Energy, Meteorology, Weather Service Providers), Application, Solution, Forecast Type and Region (2021-2026)

Report Code: AS 2618 Jan, 2022, by marketsandmarkets.com

[248 Pages Report] The Weather Forecasting Systems Market is projected to grow from USD 2.7 billion in 2021 to USD 3.5 billion by 2026, at a CAGR of 5.1%  in terms of value during the forecasted period.

The market exhibits lucrative growth potential during the forecast period primarily due to the increasing demand for weather monitoring systems by end-user industries to align their business activities as per the changes in prevalent weather conditions. The market is also driven by the enhanced need for weather monitoring to support disaster management at a local, regional, and global level.

Weather Forecasting Systems Market

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COVID-19 Impact on market

The COVID-19 impact has been analyzed for three scenarios: realistic, optimistic, and pessimistic. The realistic scenario has been considered for further calculations.

The COVID-19 pandemic has deleteriously impacted the weather forecasting systems market. Due to the grounding of the global aircraft fleet, there has been a steep decline in the movement of commercial aircraft, which is a primary source for collecting crucial weather data. This data is assimilated and processed by meteorological agencies to enhance the accuracy of weather predictions, including the occurrence of devastating weather phenomenon, such as hurricanes. For instance, at the end of March 2020, the data provided by US-based aircraft fleet declined by 50%, while, as per the European Centre of Medium Range Weather Forecasts (ECMRWF), the readings provided by aircraft across North America reduced by 80%. The center estimated that if all data provided by the aircraft fleet in North America was made unavailable, the accuracy of weather forecasts would decline by an average of 15%. A similar paradigm can also be seen in the shipping industry. Sea-based measurements are crucial to forecast weather over the oceans and keeping long-term records of ocean health and climatic changes. However, since March 2020, the number of shipboard observations has been steadily declining, with a 15% loss of stations accounted since the pandemic. The short-term outlook for the weather forecasting systems market is ultimately dependent on the quick response of the governments to contain the COVID-19 outbreak, the effectiveness of their efforts, and the lingering impact of the ongoing pandemic on the global economic activity.

Market Dynamics

Driver: Increasing adoption of renewable energy sources driving the demand for weather forecasting systems

In recent times, governments worldwide have initiated programs to enhance the capacity and output of renewable energy as an alternative to fossil fuels to satiate the rapidly growing demand for energy without hampering the environment and causing catastrophic climate changes. To promote the adoption of renewable energy, the administration has started offering grants, tax incentives, and have formulated and implemented a plethora of other benefits. In 2020, the global renewable generation capacity amounted to 2537 GW. Hydropower accounted for the largest share of the global total, at 1190 GW. Wind and solar energy accounted for most of the remainder, at 623 GW and 586 GW, respectively. Other renewables included 124 GW of bioenergy and 14 GW of geothermal, plus 500 MW of marine energy.

Renewable energy generation, especially from wind and solar power, is variable due to its dependency on the weather. The most critical scheduling input comes from companies providing weather forecasting systems as accurate weather forecasts are vital for scheduled operations for optimal output. Besides, power generators also predict future demand based on modeling, historical data, machine learning, and weather forecasting. Thus, the need for accurate weather forecasts to improve the generation of renewable energy is expected to remain undeterred during the forecast period, thus driving the market for weather forecasting systems.

Restraints: Dynamic nature of atmospheric variables enhancing the complexity of weather forecasting models

Most atmospheric phenomena studied in weather forecasting processes are non-linear and highly dependent on the initial weather conditions of specific areas. Although several phenomena can be predicted based on the thorough understanding of initial conditions of a numerical weather forecasting model, weather conditions are dynamic in nature and vary due to changes in several atmospheric variables. This makes the process of weather forecasting highly complex in addition to the intrinsic non-linearity of weather data collected by various weather forecasting systems, such as weather stations, weather observing systems, and weather radars, among others. Proper integration and analysis of a large amount of weather data make these processes highly complex. This is expected to restrain the growth of the weather forecasting systems market.

Opportunities: Incorporation of sophisticated radars and small satellite for weather monitoring

To enhance the accuracy of weather forecasting systems and increase their climate change sensing capabilities, researchers and engineers are continuously engaged in cutting-edge R&D; to develop sophisticated weather forecasting equipment, including state-of-the-art radars, satellites, and supercomputers.

For instance, the Doppler radar has been upgraded by National Weather Service (US) with the dual-polarization technology to increase its efficiency weather prediction for a particular place. This has allowed forecasters to differentiate between different types and amounts of precipitation. Continuous efforts are being made to upgrade different satellite systems used for weather forecasting. Companies, such as RaInCube have developed a satellite that weighs 26lbs and features an umbrella, like a 1.6-foot antenna that sends out chirps and specialized radar signals into a storm. These signals bounce off raindrops and send back pictures from the interior of the storm. Such satellites are expected to provide more accurate information about the changing behavior of storms and help in the prediction of future weather patterns. In February 2017, the Indian Space Research Organization (ISRO) launched 104 satellites, which included 96 palm-sized small orbiter satellites from a company in the US. These advanced satellites detect all forms of lightning during both, the day and night, continuously, with high resolution and detection efficiency.

Challenges: Significant capex requirements

Continuous weather monitoring requires significant investments in terms of capital, technologies, and man-hours, amongst others. The costs involved in the development of mitigation systems, sensors, arithmetic tables, communication systems, software, and algorithms used to process weather data obtained from different sources are significantly high and there is a need to move towards cost-effective weather monitoring systems that most governments and government agencies across the globe can make use of.

Based on application, the weather satellites segment is estimated to account for the largest market share from 2021 to 2026

Based on application, the weather satellites segment is estimated to lead the weather forecasting systems market from 2021 to 2026 and is projected to grow further due to the increasing need for earth monitoring and weather observing systems to measure, monitor, and provide valuable inputs on several climatic parameters.

Based on forecast type, the short-range segment is projected to grow at the highest CAGR during the forecast period.

Short-term weather forecasting method provides information on the upcoming weather where the projection time ranges from few hours to 48 hours or in some cases up to 72 hours. A short-range forecast is based on weather charts, maps, satellite images, weather balloons and ground-based information. The information provided is not only used for weather prediction, but it also serves in other applications like aviation, ship routing etc. Hence, the increasing demand for weather forecasts by fisheries and transportation sectors is anticipated to drive the growth of the short-range segment of the weather forecasting systems market from 2021 to 2026.

Based on vertical, the others segment is estimated to exhibit the fastest growth in the weather forecasting systems market from 2021 to 2026

Based on vertical, the others segment is expected to witness the fastest growth during the forecast period. 2021 to 2026. The requirement of weather forecasting systems in media and telecommunications, sports complexes, and other private enterprises are driving the growth of weather forecasting systems market.

Weather Forecasting Systems Market by Region

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The Asia Pacific market estimated to lead the Weather Forecasting Systems market in the forecast period

Based on region, Asia Pacific is expected to lead the weather forecasting systems market from 2021 to 2026. The growth of the Asia Pacific weather forecasting Systems market is primarily driven by increasing focus on increasing investments in weather forecasting Systems technologies by countries in this region Besides, the regional economies have undertaken several projects related to sustainable and renewable energy generation to protect the environment and avoid energy crises in the future. Since most renewable energy sources are vulnerable to weather fluctuations, the need to maximize energy output necessitates the adoption of sophisticated weather monitoring and forecasting systems to ensure optimal output, thereby driving the weather forecasting systems market in the region.

Key Market Players:

The Weather Forecasting Systems Market is dominated by a handful of established players, mainly due to the high technical expertise required to design the necessary equipment that are integrated into weather stations. The key players in the market include The Weather Company (US), Vaisala OYJ (Finland), AccuWeather Inc. (US), StormGeo (Norway), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), All Weather, Inc. (US), G. Lufft Mess-und Regeltechnik (Germany), and Skye Instruments (UK) among others.  Major focus was given to the contracts and new product development due to the changing requirements of end-user industries globally.

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Scope of the Report

Report Metric

Details

Market size available for years

2018–2026

Base year considered

2020

Forecast period

2021-2026

Forecast units

Value (USD Million)

Segments covered

By solution, by application, by vertical, by forecast type, and by region

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

The Weather Company (US), Vaisala Oyj (Finland), DTN (US), AccuWeather Inc. (US), and StormGeo (Norway) are some of the major players of weather forecasting systems market. (25 Companies)

The study categorizes the weather forecasting systems market based on solution, application, vertical, forecast type, and region.

By Solution

  • Hardware
    • Barometers
    • Anemometers
    • Hygrometers
    • Rain Gauges
    • Thermometers
    • Communication & Data Loggers
    • Sounding Systems & Radiosondes
    • Others
  • Software
    • Data Collection & Processing Software
    • Weather Monitoring & Display Software
    • Supercomputing
    • Big Data Analytics
    • Others

By Application

  • Weather Satellites
  • Weather Observing Systems
  • Weather Stations
  • Weather Drones
  • Weather Balloons
  • Weather LiDAR
  • Weather Radar
  • Others

By Vertical

  • Agriculture
  • Aviation
  • Renewable Energy
  • Marine
  • Oil & Gas
  • Transport & Logistics
  • Military
  • Meteorology
  • Weather Service Providers
  • Others

By Forecast Type

  • Nowcast
  • Short-range
  • Medium range
  • Extended range
  • Long range

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Recent Developments

  • In October 2021, Vaisala launched the Vaisala AWS810 Automatic Weather Station to help cities across the world maintain their residents safe and secure. The Vaisala AWS810 Automatic Weather Station is a comprehensive measurement, communication, and data monitoring system that makes contemporary observation networks simple to construct, administer, and maintain over time.
  • In September 2021, Vaisala launched a simplified Indigo510 transmitter for industrial applications to its modular indigo product range.
  • In July 2021, AccuWeather launched a digital hurricane tracker for both online and app platforms. The innovative hurricane tracking feature displays proprietary AccuWeather Forecast Eye Path maps, impact visualizations, and simply accessible tools to monitor and follow storms for best preparation, protection, and insight.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 STUDY SCOPE
                    FIGURE 1 WEATHER FORECASTING SYSTEMS MARKET SEGMENTATION
           1.2.2 REGIONAL SCOPE
           1.2.3 YEARS CONSIDERED
    1.3 CURRENCY & PRICING
           1.3.1 USD EXCHANGE RATES
    1.4 INCLUSIONS AND EXCLUSIONS
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA
          FIGURE 2 REPORT PROCESS FLOW
          FIGURE 3 WEATHER FORECASTING SYSTEMS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key primary respondents
                    2.1.2.3 Breakdown of primaries
                                FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.4 Key insights from primary respondents
    2.2 FACTOR ANALYSIS
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE ANALYSIS
                    2.2.2.1 Increasing international trade
           2.2.3 SUPPLY-SIDE ANALYSIS
                    2.2.3.1 Advancements in weather forecasting technologies
    2.3 MARKET SIZE ESTIMATION
    2.4 RESEARCH APPROACH & METHODOLOGY
           2.4.1 APPROACH FOR GLOBAL MARKET NUMBERS
                    2.4.1.1 Weather Forecasting Systems Market Approach
                    2.4.1.2 Weather Forecasting Solutions Market Approach
           2.4.2 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.3 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    2.4.3.1 COVID-19 impact on weather forecasting systems market
    2.5 DATA TRIANGULATION
          FIGURE 7 DATA TRIANGULATION
    2.6 ASSUMPTIONS
    2.7 LIMITATIONS/GREY AREAS
    2.8 RISK ANALYSIS

3 EXECUTIVE SUMMARY (Page No. - 43)
    FIGURE 8 HARDWARE SEGMENT TO DOMINATE WEATHER FORECASTING SYSTEMS MARKET IN 2021
    FIGURE 9 WEATHER SATELLITES PROJECTED TO LEAD AMONG WEATHER FORECASTING APPLICATIONS FROM 2021 TO 2026

4 PREMIUM INSIGHTS (Page No. - 46)
    4.1 ATTRACTIVE OPPORTUNITIES IN WEATHER FORECASTING SYSTEMS MARKET FROM 2021 TO 2026
          FIGURE 10 GROWING DEMAND FOR ACCURATE MONITORING AND ANALYSIS DRIVES WEATHER FORECASTING SYSTEMS MARKET
    4.2 WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE
          FIGURE 11 WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2021 TO 2026
    4.3 WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL
          FIGURE 12 METEOROLOGY EXPECTED TO LEAD WEATHER FORECASTING SYSTEMS MARKET
    4.4 WEATHER FORECASTING SYSTEMS MARKET, BY REGION
          FIGURE 13 EUROPE TO COMMAND LARGEST SHARE OF WEATHER FORECASTING SYSTEMS MARKET IN 2021
    4.5 WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY
          FIGURE 14 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 49)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 15 WEATHER FORECASTING SYSTEMS MARKET: DRIVERS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Climate change patterns resulting in uncertainties related to rainfall
                                FIGURE 16 GLOBAL TEMPERATURE CHANGES FROM 1900 TO 2021
                    5.2.1.2 Need for continuous weather monitoring to enable disaster management
                    5.2.1.3 Upsurge in production of renewable energy
                                FIGURE 17 RENEWABLE ENERGY CAPACITY, BY ENERGY SOURCE
                                TABLE 1 RENEWABLE ENERGY CAPACITY, BY REGION
           5.2.2 RESTRAINTS
                    5.2.2.1 Dynamic nature of atmospheric variables
                    5.2.2.2 Complexity of weather forecasting models
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing computing capabilities of supercomputers for weather forecasting
                    5.2.3.2 Enhancing accuracy of long-range weather forecasting
                    5.2.3.3 Incorporation of high-end radar and small satellites in weather monitoring
                    5.2.3.4 Increasing use of big data analytics in weather forecasting
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of effective automation
                    5.2.4.2 Occurrence of false weather alarms
                    5.2.4.3 Significant capital investment requirement
    5.3 RANGES AND SCENARIOS
          FIGURE 18 IMPACT OF COVID-19 ON THE MARKET: GLOBAL SCENARIOS
    5.4 IMPACT OF COVID-19 ON WEATHER FORECASTING SYSTEMS MARKET
          FIGURE 19 IMPACT OF COVID-19 ON WEATHER FORECASTING SYSTEMS MARKET
           5.4.1 DEMAND-SIDE IMPACT
                    5.4.1.1 Key developments from January 2020 to November 2021
                                TABLE 2 KEY DEVELOPMENTS IN WEATHER FORECASTING SYSTEMS MARKET
                               2020-2021 58
           5.4.2 SUPPLY-SIDE IMPACT
                    5.4.2.1 Key developments from January 2020 to November 2021
                                TABLE 3 KEY DEVELOPMENTS IN WEATHER FORECASTING SYSTEMS MARKET JANUARY 2020 TO NOVEMBER 2021
    5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
           5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR WEATHER FORECASTING SYSTEMS
                    FIGURE 20 REVENUE SHIFT IN WEATHER FORECASTING SYSTEMS MARKET
    5.6 AVERAGE SELLING PRICE ANALYSIS OF WEATHER FORECASTING SYSTEMS, 2020
          TABLE 4 AVERAGE SELLING PRICE ANALYSIS OF WEATHER FORECASTING SYSTEMS AND SUBSYSTEMS IN 2020
    5.7 OPERATIONAL DATA
          TABLE 5 SATELLITES LAUNCHED FOR WEATHER FORECASTING ND EARTH OBSERVATION PURPOSES DURING 2020-2021
    5.8 WEATHER FORECASTING SYSTEMS MARKET ECOSYSTEM
           5.8.1 PROMINENT COMPANIES
           5.8.2 PRIVATE AND SMALL ENTERPRISES
           5.8.3 END USERS
                    FIGURE 21 WEATHER FORECASTING SYSTEMS MARKET ECOSYSTEM MAP
                    TABLE 6 WEATHER FORECASTING SYSTEMS MARKET ECOSYSTEM
    5.9 TECHNOLOGY ANALYSIS
           5.9.1 DUAL POLARIZATION RADAR
           5.9.2 ADVANCED SATELLITES
    5.10 USE CASE ANALYSIS
           5.10.1 AUTOMATED WEATHER ANALYSIS USING IMAGE RECOGNITION
           5.10.2 IBM GLOBAL HIGH-RESOLUTION ATMOSPHERIC FORECASTING SYSTEM (GRAF)
           5.10.3 INCLOUD WEATHER FORECASTING
    5.11 VALUE CHAIN ANALYSIS OF WEATHER FORECASTING SYSTEMS MARKET
           FIGURE 22 VALUE CHAIN ANALYSIS
    5.12 PORTER’S FIVE FORCES ANALYSIS
           TABLE 7 WEATHER FORECASTING SYSTEMS MARKET: PORTER’S FIVE FORCES ANALYSIS
           FIGURE 23 KEY WEATHER FORECASTING SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS
           5.12.1 THREAT OF NEW ENTRANTS
           5.12.2 THREAT OF SUBSTITUTES
           5.12.3 BARGAINING POWER OF SUPPLIERS
           5.12.4 BARGAINING POWER OF BUYERS
           5.12.5 INTENSITY OF COMPETITIVE RIVALRY
    5.13 TARIFF AND REGULATORY LANDSCAPE
           5.13.1 NORTH AMERICA
           5.13.2 EUROPE
    5.14 TRADE ANALYSIS
           TABLE 8 COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)
           TABLE 9 COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)
           TABLE 10 THERMOMETERS, PYROMETERS NOT COMBINED WITH OTHER INSTRUMENTS ,COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)
           TABLE 11 THERMOMETERS, PYROMETERS NOT COMBINED WITH OTHER INSTRUMENTS, COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)

6 INDUSTRY TRENDS (Page No. - 77)
    6.1 INTRODUCTION
    6.2 TECHNOLOGY TRENDS
           6.2.1 SUPERCOMPUTERS
           6.2.2 COMPUTER MODELS WITH FAST PROCESSORS
           6.2.3 EMERGENCE OF NEXT-GENERATION RADAR TECHNOLOGY
           6.2.4 BIG WEATHER DATA ANALYSIS
                    6.2.4.1 Hadoop and MapReduce
           6.2.5 INTELLIGENT WEATHER PREDICTING MODULES
    6.3 SUPPLY CHAIN ANALYSIS
          FIGURE 24 SUPPLY CHAIN ANALYSIS
    6.4 IMPACT OF MEGATRENDS
           6.4.1 AUTOMATION
           6.4.2 BIG DATA, INTERNET OF THINGS (IOT), AND ARTIFICIAL INTELLIGENCE
           6.4.3 DIGITIZATION
    6.5 INNOVATIONS AND PATENT REGISTRATIONS
          TABLE 12 INNOVATION & PATENT REGISTRATIONS (2018-2021)

7 WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION (Page No. - 84)
    7.1 INTRODUCTION
          FIGURE 25 HARDWARE SEGMENT TO DOMINATE WEATHER FORECASTING SYSTEMS MARKET FROM 2021 TO 2026
          TABLE 13 WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
    7.2 HARDWARE
          TABLE 14 WEATHER FORECASTING HARDWARE SOLUTIONS MARKET, BY TYPE, 2018–2026 (USD MILLION)
           7.2.1 BAROMETERS
                    7.2.1.1 Need for continuous monitoring of atmospheric pressure drives barometers segment
           7.2.2 ANEMOMETERS
                    7.2.2.1 Need for accuracy in measuring speed of airflow fuels anemometers segment
                                TABLE 15 ANEMOMETERS: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
           7.2.3 HYGROMETERS
                    7.2.3.1 Improved accuracy of forecasts boosts demand for hygrometers
           7.2.4 RAIN GAUGES
                    7.2.4.1 Need for measurement of precipitation expected to boost rain gauges market
           7.2.5 THERMOMETERS
                    7.2.5.1 Different thermometers used for different purposes at weather stations
           7.2.6 COMMUNICATION & DATA LOGGERS
                    7.2.6.1 Need for detailed weather information of specific areas boosts communication & data loggers demand
           7.2.7 SOUNDING SYSTEMS & RADIOSONDES
                    7.2.7.1 High frequency of launching radiosondes drives growth of segment
           7.2.8 SATELLITE SENSORS
                    7.2.8.1 Need for high-resolution images drives satellite sensors segment
           7.2.9 OTHERS
                    7.2.9.1 Demand for measurement of wind direction & cloud base heights boosts demand for windvanes and ceilometers
    7.3 SOFTWARE
          TABLE 16 WEATHER FORECASTING SOFTWARE SOLUTIONS MARKET, BY TYPE, 2018–2026 (USD MILLION)
           7.3.1 DATA COLLECTION & PROCESSING SOFTWARE
                    7.3.1.1 Use of data collection & processing software to plan energy requirements in extreme conditions drives growth
           7.3.2 WEATHER MONITORING & DISPLAY SOFTWARE
                    7.3.2.1 Provision of real-time updates of extreme conditions drives weather monitoring & display software segment
           7.3.3 SUPERCOMPUTING
                    7.3.3.1 Supercomputers enable collection and storage of all weather data
           7.3.4 BIG DATA ANALYTICS
                    7.3.4.1 Need for in-depth detailed analytics fuels big data analytics segment
           7.3.5 OTHERS
                    7.3.5.1 Need for a robust method to predict and analyze weather data sets drives use of AI, ML, and time series

8 WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION (Page No. - 94)
    8.1 INTRODUCTION
          FIGURE 26 WEATHER SATELLITES TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 17 WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
    8.2 WEATHER SATELLITES
           8.2.1 WEATHER SATELLITES PIVOTAL TO FUNCTIONING OF METEOROLOGISTS
    8.3 WEATHER OBSERVING SYSTEMS
           8.3.1 AUTOMATED WEATHER OBSERVING SYSTEMS PLAY MAJOR ROLE IN SMOOTH FLIGHT OPERATION
    8.4 WEATHER STATIONS
           8.4.1 AUTOMATIC WEATHER STATIONS ENABLE MEASUREMENTS FROM REMOTE AREAS
    8.5 WEATHER DRONES
           8.5.1 DRONE TECHNOLOGY – MAJOR ADVANCEMENT IN WEATHER FORECASTING METHODOLOGY
    8.6 WEATHER RADAR
           8.6.1 TRANSMISSION OF DATA TO SUPERCOMPUTERS FOR ANALYSIS AND FORECASTING FUELS WEATHER RADAR SEGMENT
    8.7 WEATHER LIDAR
           8.7.1 CONTINUOUS OBSERVATION OF PBL DRIVES LIDAR SEGMENT
    8.8 OTHERS
           8.8.1 NEED TO MONITOR INDOOR AND OUTDOOR WEATHER CONDITIONS BOOSTS DEMAND FOR DIGITAL WEATHER STATIONS AND DRIFTING BUOYS

9 WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL (Page No. - 99)
    9.1 INTRODUCTION
          FIGURE 27 METEOROLOGY SEGMENT TO LEAD WEATHER FORECASTING SYSTEMS MARKET FROM 2021 TO 2026
          TABLE 18 WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
    9.2 AGRICULTURE
           9.2.1 NEED TO PLAN OPTIMAL DEVELOPMENT AND YIELD OF CROPS DRIVES AGRICULTURE SEGMENT
    9.3 AVIATION
           9.3.1 NEED TO ENSURE SAFETY OF AIR PASSENGERS AND FLIGHT CREW BOOSTS AVIATION SEGMENT
    9.4 TRANSPORTATION & LOGISTICS
           9.4.1 NEED FOR SMOOTH AND ON-TIME TRANSPORTATION & LOGISTICS BOOSTS SEGMENT
    9.5 OIL & GAS
           9.5.1 ASSISTANCE IN PLANNING DEPLOYMENT OF EQUIPMENT, OFFSHORE DRILLING, AND ROUTE PLANNING BOOSTS OIL & GAS SEGMENT
    9.6 MARINE
           9.6.1 DEMAND FROM MARINE SEGMENT DRIVEN BY NEED TO ANALYZE WEATHER CONDITIONS TO SAFEGUARD CREWS OF VESSELS
    9.7 RENEWABLE ENERGY
           9.7.1 HIGH DEPENDENCE OF RENEWABLE SOURCES ON WEATHER CONDITIONS DRIVES SEGMENT
    9.8 MILITARY
           9.8.1 NEED TO ENSURE OPERATIONAL EFFICACY EXPECTED TO DRIVE SEGMENT GROWTH
    9.9 METEOROLOGY
           9.9.1 IMPORTANCE IN AIR TRAFFIC MANAGEMENT SERVICES DRIVES METEOROLOGY SEGMENT
    9.10 WEATHER SERVICE PROVIDERS
           9.10.1 DEMAND FOR ACCURATE AND REAL-TIME WEATHER INFORMATION FUELS SEGMENT
    9.11 OTHERS
           9.11.1 NEED FOR EFFECTIVE PLANNING AND DECISION-MAKING FUELS GROWTH IN OTHER VERTICALS

10 WEATHER FORECASTING SERVICES MARKET, BY FORECAST TYPE (Page No. - 107)
     10.1 INTRODUCTION
             TABLE 20 WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2018–2026 (USD MILLION)
     10.2 NOWCAST
             10.2.1 ACCURATE PREDICTION OF WEATHER CONDITIONS ~6 HOURS IN ADVANCE DRIVES NOWCAST SEGMENT
     10.3 SHORT RANGE
             10.3.1 DEMAND FROM FISHERIES AND TRANSPORTATION TO BOOST SHORT RANGE SEGMENT
     10.4 MEDIUM RANGE
             10.4.1 REQUIREMENT FOR MEDIUM-RANGE FORECAST IN AGRICULTURAL INDUSTRY FUELS MEDIUM RANGE SEGMENT
     10.5 EXTENDED RANGE
             10.5.1 DEMAND FROM RESOURCE MANAGEMENT AND CITY PLANNING SECTORS BOOSTS EXTENDED RANGE SEGMENT
     10.6 LONG RANGE
             10.6.1 INCREASING DEMAND FROM INDUSTRIES DIRECTLY IMPACTED BY IT DRIVES LONG RANGE SEGMENT

11 REGIONAL ANALYSIS (Page No. - 111)
     11.1 INTRODUCTION
             FIGURE 29 EUROPE TO ACCOUNT FOR LARGEST SHARE OF WEATHER FORECASTING SYSTEMS MARKET IN 2021
             TABLE 21 WEATHER FORECASTING SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION)
     11.2 NORTH AMERICA
             11.2.1 COVID-19 IMPACT ON NORTH AMERICA
             11.2.2 PESTLE ANALYSIS: NORTH AMERICA
                        TABLE 22 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 23 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 24 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
                        TABLE 25 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2018–2026 (USD MILLION)
                        TABLE 26 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
                        FIGURE 30 NORTH AMERICA: WEATHER FORECASTING SYSTEMS MARKET SNAPSHOT
             11.2.3 US
                        11.2.3.1 Upgradation of weather forecasting systems at airports drives US market
                                      TABLE 27 US: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 28 US: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 29 US: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION,2018–2026 (USD MILLION)
                                      TABLE 30 US: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
             11.2.4 CANADA
                        11.2.4.1 Major radio and TV companies such as Rogers Media drive Canadian market
                                      TABLE 31 CANADA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 32 CANADA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 33 CANADA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
     11.3 EUROPE
             11.3.1 COVID-19 IMPACT ON EUROPE
             11.3.2 PESTLE ANALYSIS: EUROPE
                        TABLE 34 EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 35 EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 36 EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
                        TABLE 37 EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2018–2026 (USD MILLION)
                        TABLE 38 EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
                        FIGURE 31 EUROPE: WEATHER FORECASTING SYSTEMS MARKET SNAPSHOT
             11.3.3 UK
                        11.3.3.1 UK market driven by development of next-generation forecasting models
                                      TABLE 39 UK: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 40 UK: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 41 UK: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.3.4 GERMANY
                        11.3.4.1 Introduction of weather satellites for climate observation boosts German market
                                      TABLE 42 GERMANY: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 43 GERMANY: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 44 GERMANY: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.3.5 FRANCE
                        11.3.5.1 French market boosted by increasing investment in new and advanced weather forecasting systems
                                      TABLE 45 FRANCE: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 46 FRANCE: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 47 FRANCE: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.3.6 ITALY
                        11.3.6.1 Italy supports development of advanced weather prediction technologies
                                      TABLE 48 ITALY: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 49 ITALY: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 50 ITALY: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.3.7 RUSSIA
                        11.3.7.1 Russia - rapidly expanding meteorology techniques with hydrometeorology
                                      TABLE 51 RUSSIA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 52 RUSSIA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 53 RUSSIA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.3.8 REST OF EUROPE
                        TABLE 54 REST OF EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 55 REST OF EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 56 REST OF EUROPE: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
     11.4 ASIA PACIFIC
             11.4.1 COVID-19 IMPACT ON ASIA PACIFIC
             11.4.2 PESTLE ANALYSIS: ASIA PACIFIC
                        TABLE 57 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 58 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 59 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
                        TABLE 60 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2018–2026 (USD MILLION)
                        TABLE 61 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
                        FIGURE 32 ASIA PACIFIC WEATHER FORECASTING SYSTEMS MARKET SNAPSHOT
             11.4.3 CHINA
                        11.4.3.1 Advancements in conventional weather forecasting systems fuel China market
                                      TABLE 62 CHINA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 63 CHINA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 64 CHINA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.4.4 INDIA
                        11.4.4.1 Accurate predictions by high-performance computer systems propel Indian market
                                      TABLE 65 INDIA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 66 INDIA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 67 INDIA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.4.5 JAPAN
                        11.4.5.1 Increasing adoption of meteorological and hydrological services boosts Japan market
                                      TABLE 68 JAPAN: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 69 JAPAN: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 70 JAPAN: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.4.6 SOUTH KOREA
                        11.4.6.1 Government support for domestic production of satellite-based telemetry equipment to drive market growth in South Korea
                                      TABLE 71 SOUTH KOREA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 72 SOUTH KOREA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 73 SOUTH KOREA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.4.7 AUSTRALIA
                        11.4.7.1 Development of predictive ocean atmosphere model – key to market growth in Australia
                                      TABLE 74 AUSTRALIA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 75 AUSTRALIA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 76 AUSTRALIA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.4.8 REST OF ASIA PACIFIC
                        TABLE 77 REST OF ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 78 REST OF ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 79 REST OF ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
     11.5 MIDDLE EAST & AFRICA
             11.5.1 COVID-19 IMPACT ON MIDDLE EAST & AFRICA
             11.5.2 PESTLE ANALYSIS: MIDDLE EAST & AFRICA
                        TABLE 80 MIDDLE EAST & AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 81 MIDDLE EAST & AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 82 MIDDLE EAST & AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
                        TABLE 83 MIDDLE EAST & AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
                        FIGURE 33 MIDDLE EAST & AFRICA: WEATHER FORECASTING SYSTEMS MARKET SNAPSHOT
             11.5.3 ISRAEL
                        11.5.3.1 Israel witnessing increased adoption of advanced weather sensors for meteorological operations
                                      TABLE 85 ISRAEL: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 86 ISRAEL: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 87 ISRAEL: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.5.4 SAUDI ARABIA
                        11.5.4.1 Saudi market driven by development of advanced Weather Research and Forecasting modelling system
                                      TABLE 88 SAUDI ARABIA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 89 SAUDI ARABIA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 90 SAUDI ARABIA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.5.5 TURKEY
                        11.5.5.1 Increasing demand from marine, renewable energy, and oil & gas companies – key driver in Turkey
                                      TABLE 91 TURKEY: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 92 TURKEY: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 93 TURKEY: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.5.6 SOUTH AFRICA
                        11.5.6.1 Increasing demand for weather forecasting systems from local industries drives South African market
                                      TABLE 94 SOUTH AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 95 SOUTH AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 96 SOUTH AFRICA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.5.7 REST OF MIDDLE EAST
                        TABLE 97 REST OF MIDDLE EAST: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 98 REST OF MIDDLE EAST: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 99 REST OF MIDDLE EAST: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
     11.6 LATIN AMERICA
             11.6.1 COVID-19 IMPACT ON LATIN AMERICA
             11.6.2 PESTLE ANALYSIS: LATIN AMERICA
                        FIGURE 34 LATIN AMERICA WEATHER FORECASTING SYSTEMS MARKET SNAPSHOT
                        TABLE 100 LATIN AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                        TABLE 101 LATIN AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                        TABLE 102 LATIN AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
                        TABLE 103 ASIA PACIFIC: WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE, 2018–2026 (USD MILLION)
                        TABLE 104 LATIN AMERICA: WEATHER FORECASTING SYSTEMS MARKET, BY COUNTRY, 2018–2026 (USD MILLION)
             11.6.3 BRAZIL
                        11.6.3.1 Weather forecasting in Brazil to become more precise in coming years
                                      TABLE 105 BRAZIL: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 106 BRAZIL: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 107 BRAZIL: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)
             11.6.4 MEXICO
                        11.6.4.1 Mexico rapidly expanding its forecasting capabilities to mitigate effects of natural disasters
                                      TABLE 108 MEXICO: WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION, 2018–2026 (USD MILLION)
                                      TABLE 109 MEXICO: WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL, 2018–2026 (USD MILLION)
                                      TABLE 110 MEXICO: WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION, 2018–2026 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 166)
     12.1 INTRODUCTION
             TABLE 111 COMPETITIVE OVERVIEW
             TABLE 112 KEY DEVELOPMENTS BY LEADING PLAYERS IN WEATHER FORECASTING SYSTEMS MARKET BETWEEN 2018 AND 2021
     12.2 MARKET RANKING ANALYSIS OF KEY PLAYERS, 2020
             FIGURE 35 REVENUE ANALYSIS FOR KEY COMPANIES IN LAST 5 YEARS
     12.3 MARKET SHARE ANALYSIS
             TABLE 113 WEATHER FORECASTING SYSTEMS MARKET: DEGREE OF COMPETITION
     12.4 COMPANY PRODUCT FOOTPRINT ANALYSIS
             TABLE 114 COMPANY PRODUCT FOOTPRINT
             TABLE 115 COMPANY SOLUTION FOOTPRINT
             TABLE 116 COMPANY APPLICATION FOOTPRINT
             TABLE 117 COMPANY REGION FOOTPRINT
     12.5 COMPANY EVALUATION QUADRANT
             12.5.1 STAR
             12.5.2 EMERGING LEADER
             12.5.3 PERVASIVE
             12.5.4 PARTICIPANT
                        FIGURE 36 WEATHER FORECASTING SYSTEMS MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2020
     12.6 START-UP/SME EVALUATION QUADRANT
             12.6.1 PROGRESSIVE COMPANY
             12.6.2 RESPONSIVE COMPANY
             12.6.3 STARTING BLOCK
             12.6.4 DYNAMIC COMPANY
                        FIGURE 37 WEATHER FORECASTING SYSTEMS MARKET COMPETITIVE LEADERSHIP MAPPING, 2020 (START-UP/SME)
     12.7 COMPETITIVE SCENARIO AND TRENDS
             12.7.1 MARKET EVALUATION FRAMEWORK
             12.7.2 NEW PRODUCT LAUNCHES AND DEVELOPMENTS
                        TABLE 118 NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2018-2021
             12.7.3 DEALS
                        TABLE 119 WEATHER FORECASTING SYSTEMS MARKET: DEALS, 2018–2021

13 COMPANY PROFILES (Page No. - 188)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     13.1 INTRODUCTION
     13.2 KEY PLAYERS
             13.2.1 THE WEATHER COMPANY
                        TABLE 120 THE WEATHER COMPANY: BUSINESS OVERVIEW
             13.2.2 VAISALA OYJ
                        TABLE 121 VAISALA OYJ: BUSINESS OVERVIEW
                        FIGURE 38 VAISALA OYJ: COMPANY SNAPSHOT
             13.2.3 ACCUWEATHER, INC.
                        TABLE 122 ACCUWEATHER, INC.: BUSINESS OVERVIEW
                        TABLE 123 ACCUWEATHER, INC.: PRODUCT LAUNCHES
                        TABLE 124 ACCUWEATHER, INC.: DEALS
             13.2.4 DTN
                        TABLE 125 DTN: BUSINESS OVERVIEW
             13.2.5 STORMGEO
                        TABLE 126 STORMGEO: BUSINESS OVERVIEW
             13.2.6 METEOGROUP
                        TABLE 127 METEOGROUP: BUSINESS OVERVIEW
             13.2.7 SUTRON CORPORATION
                        TABLE 128 SUTRON CORPORATION: BUSINESS OVERVIEW
             13.2.8 CAMPBELL SCIENTIFIC
                        TABLE 129 CAMPBELL SCIENTIFIC: BUSINESS OVERVIEW
             13.2.9 ALL WEATHER, INC
                        TABLE 130 ALL WEATHER, INC.: BUSINESS OVERVIEW
             13.2.10 AIRMAR TECHNOLOGY CORPORATION
                        TABLE 131 AIRMAR TECHNOLOGY CORPORATION: BUSINESS OVERVIEW
             13.2.11 MORCOM INTERNATIONAL
                        TABLE 132 MORCOM INTERNATIONAL: BUSINESS OVERVIEW
             13.2.12 MET ONE INSTRUMENTS INC.
                        TABLE 133 MET ONE INSTRUMENTS INC.: BUSINESS OVERVIEW
             13.2.13 G. LUFFT MESS-UND REGELTECHNIK GMBH
                        TABLE 134 G. LUFFT MESS-UND REGELTECHNIK GMBH: BUSINESS OVERVIEW
             13.2.14 GILL INSTRUMENTS
                        TABLE 135 GILL INSTRUMENTS: BUSINESS OVERVIEW
             13.2.15 CUSTOMWEATHER
                        TABLE 136 CUSTOMWEATHER: BUSINESS OVERVIEW
             13.2.16 SPEEDWELL WEATHER
                        TABLE 137 SPEEDWELL WEATHER: BUSINESS OVERVIEW
             13.2.17 HOSKIN SCIENTIFIC
                        TABLE 138 HOSKIN SCIENTIFIC: BUSINESS OVERVIEW
             13.2.18 SKYE INSTRUMENTS
                        TABLE 139 SKYE INSTRUMENTS: BUSINESS OVERVIEW
             13.2.19 DAVIS INSTRUMENTS
                        TABLE 140 DAVIS INSTRUMENTS: BUSINESS OVERVIEW
             13.2.20 ENSCO
                        TABLE 141 ENSCO: BUSINESS OVERVIEW
             13.2.21 WEATHER ROUTING, INC.
                        TABLE 142 WEATHER ROUTING, INC.: BUSINESS OVERVIEW
     13.3 OTHER PLAYERS
             13.3.1 UNDERSTORY
             13.3.2 TEMPOQUEST
             13.3.3 UMIBET GMBH
             13.3.4 LIQUID ROBOTICS
             13.3.5 SKYVIEW SYSTEMS LTD.

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

14 APPENDIX (Page No. - 243)
     14.1 DISCUSSION GUIDE
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     14.3 AVAILABLE CUSTOMIZATIONS
     14.4 RELATED REPORTS
     14.5 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the Weather Forecasting Systems Market. Exhaustive secondary research was done to collect information on the weather forecasting systems market and its end-user sectors. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Demand-side analysis was carried out to estimate the overall size of the market. Thereafter, market breakdown and data triangulation procedures were used to estimate the sizes of different segments and subsegments of the Weather Forecasting Systems Market.

Secondary Research

The market ranking of companies was determined using the secondary data made available through paid and unpaid sources and by analyzing the product portfolios of major companies. These companies were rated based on performance and quality of their products. These data points were further validated by primary sources.

Secondary sources referred to for this research study include financial statements of companies offering weather forecasting systems and services and information from various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the weather forecasting systems market, which was validated by primary respondents.

Primary Research

Extensive primary research was conducted after acquiring information regarding the weather forecasting systems market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Primary data was collected through questionnaires, emails, and telephonic interviews.

Weather Forecasting Systems Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the weather forecasting systems market. The bottom-up approach was employed to arrive at the overall size of the weather forecasting systems market by estimating the revenues and shares of key market players. The bottom-up approach was also implemented for data extraction from secondary research to validate the market segment revenues. Market shares were then estimated for each company to verify the revenue shares used earlier in the bottom-up approach. In the top-down approach, all the key manufacturers of weather forecasting systems and software solution providers were identified, and their revenue mapped for the base year. To calculate the overall market size, the segmental revenue of weather forecasting systems and solution providers was added for the base year, 2020.

Weather Forecasting Systems Market Size: Top-Down Approach

Weather Forecasting Systems Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Weather Forecasting Systems Market Size: Bottom-Up Approach

Weather Forecasting Systems Market Size, and Share

Data Triangulation

After arriving at the overall size of the weather forecasting systems market from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various segments and subsegments of the market. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using both top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the size of the weather forecasting systems market based on solutions, verticals, applications, forecast type and region.
  • To forecast the size of the various segments of the weather forecasting systems market based on five regions—North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America—along with key countries in each of these regions
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To identify industry trends, market trends, and technology trends prevailing in the market
  • To analyze micromarkets with respect to individual technological trends, prospects, and their contribution to the overall market
  • To provide a detailed competitive landscape of the market and analyze competitive growth strategies such as product launches and developments, contracts, partnerships, agreements, and collaborations adopted by key players in the market
  • To identify the detailed financial positions, product portfolios, and key developments of leading companies in the market
  • To strategically profile key market players and comprehensively analyze their market rank analysis and core competencies

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Additional country-level analysis of the Weather Forecast Systems Market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in the Weather Forecast Systems Market
Report Code
AS 2618
Published ON
Jan, 2022
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