Weather Forecasting Systems Market

Global Meteorological and Weather Forecasting Systems Market - 2020

The global meteorological and weather forecasting systems market is estimated at $1.43 billion in 2014 and is projected to register a CAGR of 4.10% to reach $1.82 billion by 2020.

The year 2014 has been big for Weather Bureauís Next Generation Weather Forecast Warning system. Weather viewer has been awarded the Prestigious Geospatial World Technology Innovation Award at Geneva (APAC). Next Generation Forecast Warning system is a highly sophisticated digital system that ensures Bureau Forecasters to analyze the findings of weather prediction models.

The future of weather forecasting in European terrain will get stronger in the coming years. A fleet of MetOp second generation (MetOp-SG) weather satellites has been signed on July 20, 2014 and have received a go-ahead. This new generation satellite will improve the meteorological and climate observations relayed by the current satellites. Russia recently sent the Russian Weather Satellite on8, 2014, via the Soyuz Rocket, with satellites from Britain, the U.S, and Norway piggybacking on it. The satellite would track cloud cover, storm systems, temperature and humidity, and polar ice for weather forecasters.

U.K. weather forecasting companies manufacture weather radars for inter as well as intra region. The MET Office headquartered in U.K. manufactures hydrological weather radars. These weather radars relay a lot of information about precipitation distribution with the combination of precipitation gauges and it has recently developed its space weather forecasting system that will explain conditions on the sun. This Space Weather System is directly proportional to technological advancements; better technology advancement, will ensure more accurate information. This information on space weather conditions will help to reduce or avoid the impact of space weather on lives of people out there.

Lockheed Martin (U.S.), Vaisala (U.S.), Sutron Corporation (U.S.), SkyeInstruments (U.K.), Liquid Robotics Inc.(U.S.), Irdam Meteorological Instruments (Switzerland), Gill Instruments(U.K.) , Campbell Scientific (U.S.), All Weather Inc.(U.S.), Airmar Technology Corporation (U.S.), and Columbia Weather Systems (U.S.) are some of the leading players in this market.

Related Reports:

Meteorological & Weather Forecasting Systems Market by Application (Aviation, Marine, Military), Weather System Types (Broadcasting, Satellite, Radars, Radiosonde), Equipment (Barometer, Hygrometer, Anemometer) & by Geography - Forecast & Analysis to 2014 - 2020

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Report Code
AS 2618
RI Published ON
8/22/2014
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