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)
[248 Pages Report] According to MarketsandMarkets,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.Weather forecasting systems (WFS) use hardware and software solutions to carry out atmospheric research and operational weather forecasting. Technologies such as big data, AI, supercomputing, etc., and tools such as barometers, radars, thermometers, etc., are used for this. The market in this study refers to the overall market for weather forecasting systems used in the military, aviation, energy, transportation, marine, public, and private sectors across the world.
The increase in demand for weather forecasting using big data analytics, along with climate change and uncertainties related to rainfall, are factors expected to fuel the growth of the market across the globe. However, complexities involved in weather forecasting processes and forecast-related uncertainties are expected to restrain the growth of the market during the forecast period.
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Market Dynamics
Driver: Climate change patterns resulting in uncertainties related to rainfall
Climate change has affected the overall magnitude, seasonal distribution, and variability of global precipitation. Variations in rainfall patterns negatively impact arid and semiarid regions, wherein the availability of water is of paramount importance in determining agricultural productivity. These factors necessitate accurate weather forecasting to analyze the complex seasonal rainfall trends across different regions.
Furthermore, warnings related to extreme weather conditions are issued only a few days in advance, even in the most developed countries. A forewarning at least a week in advance is required in the event of floods or cyclones to allow proper evacuation activities. Short droughts require several weeks of advance notice to allow adjustments in the planting and harvesting schedules of a particular area. Long droughts require advance warnings so that water-resistant crops can be selected, and the storage of fodder and water can be ensured. As uncertainty in rainfall impacts the operational activities of weather-sensitive industries such as agriculture, marine, renewables, and aviation, among others, the demand for accurate weather forecasting from these end-use industries has increased and is expected to continue to increase during the forecast period as well.
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 a thorough understanding of the 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: Enhancing the accuracy of long-range weather forecasting
Lack of reliable and reasonably precise information about continuously changing weather conditions can prove catastrophic to the population in flood-prone areas, which also tend to have high agricultural productivity. Therefore, long-range weather forecasting is essential to efficiently predict the occurrence of floods and droughts in these areas. There have been several advancements in long-range weather forecasting, which involve the use of various advanced technologies, such as big data analytics and artificial intelligence, resulting in an increase in the accuracy of this type of forecast. For instance, IBM’s Deep Thunder provides weather forecasting with the use of big data analysis. It provides weather forecasts for specific locations, such as a stadium or an airport, to disseminate critical information in real-time to local authorities.
Long-range, high-precision and reliable weather forecasting offers several economic benefits that are expected to support various sectors, ranging from transportation to agriculture across the globe. This factor is expected to act as a growth opportunity for the weather forecasting systems market during the forecast period.
Challenges:Lack of effective automation
The involvement of humans in weather forecasting may lead to errors in terms of analyzing the forecast data. Manual data logging or collection may also introduce errors in these processes. Additionally, the lack of requisite analytical skills to correctly interpret the data received from different sources may also cause errors in weather forecasting. The inability of weather forecasters to correctly interpret the data could also lead to faulty analysis. Thus, the need to provide time-to-time training to weather forecasters for accurate reading and analysis of weather-related data also acts as a challenge to the growth of the market. Automation of weather forecasting systems may help overcome this challenge, but only to a certain extent, since weather forecasting processes cannot be fully automated. Human intervention in weather forecasting processes for the effective analysis of weather data prior to prediction will always be required. Hence, the lack of effective automation of weather forecasting systems poses a challenge to the growth of the weather forecasting systems market
Based on Solution, the hardware segment is estimated to account for the largest market share from 2021 to 2026
Based on the solution, the weather forecasting systems market has been classified into hardware and software. The hardware segment is further categorized into barometers, anemometers, hygrometers, rain gauges, thermometers, satellite sensors, communication & data loggers, sounding systems & radiosondes, and others.Owing to the large-scale adoption of weather systems hardware to closely monitor weather conditions, the hardware segment of the weather forecasting systems market is expected to hold a significant share during the forecast period.
Based on application, the weather satellites are projected to lead the market during the forecast period
Based on the application, the weather forecasting systems market has been segmented into weather satellites, weather observing systems, weather stations, weather balloons, weather drones, weather LiDAR, weather radar, and others. Weather satellites are widely used to record the weather and atmospheric conditions of the Earth. They allow meteorologists to collect and utilize satellite images and rely on the information procured by them. These satellites are not only capable of detecting storm systems and cloud patterns but also serve in understanding aurora formations, pollution effects, ice mapping, current ocean formations, etc. Apart from these, weather satellites also help in obtaining radiation measurements from the atmosphere and provide information on the heat release in the atmosphere. There is a noticeable demand for instant and precise forecast information from all sectors, which would directly impact the growth of the weather satellites market. The major countries contributing to the weather satellites market are the US, the UK, Germany, China, Russia, and Japan.
Based on vertical, the meteorology segment is estimated to exhibit the largest share in the weather forecasting systems market from 2021 to 2026
Based on vertical, the weather forecasting systems market has been segmented into agriculture, aviation, transportation & logistics, oil & gas, marine, renewable energy, military, meteorology, weather service providers, and others. Other verticals include media & entertainment, private users, telecommunications, and insurance.Most countries across the globe have their own government meteorological agencies. The National Weather Service (US), India Meteorological Department (India), Bureau of Meteorology (Australia), the Met Office (UK), DeutscherWetterdienst (Germany), and the China Meteorological Administration (China), among others, are a few examples of government meteorological departments. These departments use data collected by satellites, ground weather stations, and weather radar, among others, to provide forecasting services to various industries.
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The Asia Pacific market is projected to lead the market
The Asia Pacific region is prone to various natural disasters. Hence, various meteorological agencies, such as the Japan Meteorological Agency (Japan), China Meteorological Administration (China), India Meteorological Department (India), and Bureau of Meteorology (Australia), among others, have been continuously trying to enhance their weather forecasting systems to predict and manage natural calamities.
The increase in demand for telecommunication and mobile broadband services is projected to drive the growth of the Asia Pacific weather forecasting systems market during the forecast period. Technological advancements in the field of WFS have led to the development of advanced forecasting equipment with improved designs and functionalities and enhanced integration capabilities. The Asia Pacific region is a lucrative market for the domestic and regional manufacturers of forecasting equipment.
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 is 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.
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Report Metric |
Details |
|
Market size available for years |
2018–2026 |
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Base year considered |
2020 |
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Forecast period |
2021-2026 |
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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, AccuWeather announced its partnership with FlexIt to integrate world-class weather forecasting technology into fitness offerings. By integrating AccuWeather forecasting capabilities into FlexIt, users can take advantage of fitness curated for both their bodies and their environment.
- In October 2021, Bannister Lake and CustomWeather collaborated to provide market solutions and collaborative commercial potential.
- In September 2021, DTN, a leading data, analytics, and technology firm, partnered with OrbitMI, a worldwide supplier of marine software and data products, to improve weather analytics and enhance results for the shipping sector through integrated operational intelligence. The collaboration provides shipping clients with a single platform for vessel and fleet administration, as well as actionable visualizations for making decisions.
Frequently Asked Questions (FAQs):
Which are the major systemsconsidered in this study, and which segments are projected to have a promising market share in the future?
The weather forecasting systems include solutions, applications, forecast types, and vertical segmentsthat are projected to fuel the growth of the market.
What are some of the drivers fuelling the growth of the weather forecastingsystemsmarket?
The weather forecasting systems market is primarily driven by the enhanced demand for such systems from the end-user sectors, including meteorology, renewable energy, and aviation. Market players are likely to benefit from emerging opportunities such as the demand for incorporating sophisticated components and sensors onboard different weather monitoring platforms, including satellites. A growing need for accurate information about climatic patterns, growing safety concerns, constant changes in weather patterns, growing demand for technologically advanced weather forecast systems, and a growing need for large data analytics are all driving the growth of the Weather Forecasting Systems Market in the coming years
What kind of information is provided in the competitive landscape section?
The competitive landscape provides strategies incorporated by the players, revenue, and market share analysis.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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.
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
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Weather Forecasting Systems Market Size: Bottom-Up Approach
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
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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