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Pulished Date January, 2021
ID: 10825
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Weather Forecasting Systems Market Segmentation By End-User (Aviation, Energy, Military, Agricultural, Maritime, and Transportation), Component (Data Loggers, Software, Sensors and Hardware), Equipment (Barometer, Hygrometer, Thermometer, Weather Balloons, Anemometer, Rain Gauge, and Psychrometer), System Type (Meteorological Satellite Systems, Meteorological Stations, Radiosondes, Meteorological Radars and Sounding Systems), Forecast Type (Normal, Medium, Short and Long Range), and Region: Industry Analysis, Share, Growth, and Forecasts 2021–2026

Pulished: January, 2021
ID: 10825
Pages: 175

Weather Forecasting Systems Market Size, Share, and Trends 2026

Weather forecasting systems market was estimated to be worth USD 2.3 billion in 2020 and is projected to increase to USD 3.3 billion by 2025, and also garner a CAGR of 5.7% from 2021 to 2026.

Weather forecasting is a typical combination of science and technology to predict the atmospheric and environmental conditions of a particular region. Weather forecasting involves collecting quantitative data from the atmosphere of a particular location and processing this data using various scientific techniques to predict changes in the atmosphere. There are several weather forecasting systems on the market that consist of various components, including sensors, communication devices, computer systems, and software. These systems are typically used to collect, process and interpret atmospheric data and transmit this information to various channels around the world.

A combination of science and technology is used to predict atmospheric conditions and environmental changes, known as weather forecasts. Using weather forecasting, quantitative data about the atmosphere is collected for a particular location. This data is then processed using various scientific techniques to predict changes in climate and the environment.

Different types of weather forecasting techniques are available in the market and consist of various components such as sensors, computer systems, communication devices and software. These systems are used in order to collect atmospheric data, to process it and to interpret the information towards the various channels around the world. Weather warnings helped protect life and property.

Recent Developments:

In September 2019, DTN completed the purchase of Weatherzone, an Australia-based private weather service provider.

In 2015, Munro Instruments Limited launched almost 150 series weather sensors that can enable consumers to mix and match with different types of sensors.

Market growth and trends:

The weather forecasting software segment combines a network of systems that gather and consolidate hydrological, satellite meteorological and radar information to foreseen weather in particular areas. This allows very accurate weather forecasts for the issuance of increasingly reliable weather warnings and advisories by interested agencies.

Also, the weather station market is expected to dominate the weather forecasting systems market between 2019-2025, owing to the large number of personal weather station installations, professional weather stations and home weather stations, among others around the world. Weather stations often gather data related to the climate and environment of areas with the help of information provided by various sensors.

Market Drivers and Restraints:

Any unwanted climate change causes tremendous damage to life and property and therefore safety concerns are increasing and fueling the growth of the market. Forecasting is done using these weather forecasting systems, so reliability can help take preventive measures against pollution, ecological disasters, and natural disasters. Weather forecasting systems have gained traction in military applications as they require constant updates on air traffic control and weather. Continuous technological advancements being made in weather forecasting systems to predict precise changes in the atmosphere are driving market growth. The challenge faced by the market is the complexity of the system. The operation of the systems is very complex and requires well-trained professionals to operate them.

Weather Forecasting Systems Market Segmentation:

The global weather forecast systems market is divided based on the end-user, component, system type, equipment, forecast type, and geography.

Depending on the end user, the market is divided into aviation, energy, military, agricultural, maritime, and transportation. According to the components, the market is classified into data loggers, software, sensors and hardware. According to the device, the weather forecast market is divided into barometer, hygrometer, thermometer, weather balloons, anemometer, rain gauge, and psychrometer. Depending on the type of system, the market is divided into meteorological satellite systems, meteorological stations, radiosondes, meteorological radars and sounding systems. According to the type of forecast, the market is classified into normal, medium, short and long range.

Regional Analysis:
When it comes to regions, the global weather forecasting system market is spread across the regions such as

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

The region that dominates the market for weather forecasting systems is North America. This growth is attributed to the continuous improvement of weather stations and weather satellites. In the United States, there are 12 commercial weather stations and 18 weather satellites. The Asia-Pacific region is also estimated to progress with a considerable share in the market. Factors contributing to this growth include the rapid growth of the transport sector in countries such as India and China and rapid industrialization. Regions like Latin America, the Middle East, and Africa also provide enormous opportunities for market players to invest in the business.

Key market players:

The main players in the global weather forecasting systems market are The Weather Company (United States), Vaisala (Finland), Sutron Corporation (United States), Campbell Scientific (United States), Airmar Technology Corporation (United States), All Weather, Inc. (United States), Morcom International (United States), Columbia Weather Systems (United States), G. Lufft Mess-und Regeltechnik (Germany) and Skye Instruments (United Kingdom), among others.

1. Introduction                                

               1.1 Market Definition                    

               1.2 Scope of the report                 

               1.3 Study Assumptions                  

               1.4 Base Currency, Base Year and Forecast Periods   

2. Research Methodology                                          

               2.1 Analysis Design                         

               2.2 Research Phases                      

                              2.2.1 Secondary Research            

                              2.2.2 Primary Research  

                              2.2.3 Data Modelling      

                              2.2.4 Expert Validation   

               2.3 Study Timeline                          

3. Report Overview                                       

               3.1 Executive Summary                 

               3.2 Key Inferencees                       

4. Market Dynamics                                      

               4.1 Impact Analysis                        

                              4.1.1 Drivers      

                              4.1.2 Restaints  

                              4.1.3 Opportunities         

               4.2 Regulatory Environment                       

               4.3 Technology Timeline & Recent Trends 

5. Competitor Benchmarking Analysis                                    

               5.1 Key Player Benchmarking                      

                              5.1.1 Market share analysis         

                              5.1.2 Products/Service   

                              5.1.3 Regional Presence

               5.2 Mergers & Acquistion Landscape                       

               5.3 Joint Ventures & Collaborations                         

6. Market Segmentation                              

               6.1 Weather Forecasting Systems Market, By End-User   

                              6.1.1 Aviation    

                              6.1.2 Energy      

                              6.1.3 Military     

                              6.1.4 Agricultural             

                              6.1.5 Maritime  

                              6.1.6 Trasnportation       

6.1.7 Market Size Estimations & Forecasts (2021-2026)     

                              6.1.8 Y-o-Y Growth Rate Analysis              

                              6.1.9 Market Attractiveness Index             

               6.2 Weather Forecasting Systems Market, By Component   

                              6.2.1 Data Loggers          

                              6.2.2 Software  

                              6.2.3 Sensors     

                              6.2.4 Hardware 

 6.2.5 Market Size Estimations & Forecasts (2021-2026)     

                              6.2.6 Y-o-Y Growth Rate Analysis              

                              6.2.7 Market Attractiveness Index             

               6.3 Weather Forecasting Systems Market, By Equipment  

                              6.3.1 Barometer              

                              6.3.2 Hygrometer            

                              6.3.3 Thermometer         

                              6.3.4 Weather Balloons 

                              6.3.5 Anemometer          

                              6.3.6 Rain Gauge             

                              6.3.7 Psychrometer         

     6.3.8 Market Size Estimations & Forecasts (2021-2026)     

                              6.3.9 Y-o-Y Growth Rate Analysis              

                              6.3.10 Market Attractiveness Index          

               6.4 Weather Forecasting Systems Market, By System Type    

                              6.4.1 Meteorological Satellite Systems    

                              6.4.2 Meteorological Stations     

                              6.4.3 Radiosondes           

                              6.4.4 Meteorological Radars       

                              6.4.5 Sounding Systems 

        6.4.6 Market Size Estimations & Forecasts (2021-2026)     

                              6.4.7 Y-o-Y Growth Rate Analysis              

                              6.4.8 Market Attractiveness Index             

               6.5 Weather Forecasting Systems Market, By Forecast Type

                              6.5.1 Normal     

                              6.5.2 Medium    

                              6.5.3 Short         

                              6.5.4 Long          

        6.5.5 Market Size Estimations & Forecasts (2021-2026)     

                              6.5.6 Y-o-Y Growth Rate Analysis              

                              6.5.7 Market Attractiveness Index             

7. Geographical Landscape                                        

               7.1 Global Identity Governance and Administration Market, by Region                       

               7.2 North America - Market Analysis (2018 - 2024) 

                              7.2.1 By Country              

                                             7.2.1.1 USA

                                             7.2.1.2 Canada

                              7.2.2 By End-User            

                              7.2.3 By Component       

                              7.2.4 By Equipment         

                              7.2.5 By System Type      

                              7.2.6 By Forecast Type   

               7.3 Europe                        

                              7.3.1 By Country              

                                             7.3.1.1 UK

                                             7.3.1.2 France

                                             7.3.1.3 Germany

                                             7.3.1.4 Spain

                                             7.3.1.5 Italy

                                             7.3.1.6 Rest of Europe

                              7.3.2 By End-User            

                              7.3.3 By Component       

                              7.3.4 By Equipment         

                              7.3.5 By System Type      

                              7.3.6 By Forecast Type   

               7.4 Asia Pacific                 

                              7.4.1 By Country              

                                             7.4.1.1 China

                                             7.4.1.2 India

                                             7.4.1.3 Japan

                                             7.4.1.4 South Korea

                                             7.4.1.5 South East Asia

                                             7.4.1.6 Australia & NZ

                                             7.4.1.7 Rest of Asia-Pacific

                              7.4.2 By End-User            

                              7.4.3 By Component       

                              7.4.4 By Equipment         

                              7.4.5 By System Type      

                              7.4.6 By Forecast Type   

               7.5 Latin America                           

                              7.5.1 By Country              

                                             7.5.1.1 Brazil

                                             7.5.1.2 Argentina

                                             7.5.1.3 Mexico

                                             7.5.1.4 Rest of Latin America

                              7.5.2 By End-User            

                              7.5.3 By Component       

                              7.5.4 By Equipment         

                              7.5.5 By System Type      

                              7.5.6 By Forecast Type   

               7.6 Middle East and Africa                           

                              7.6.1 By Country              

                                             7.6.1.1 Middle East

                                             7.6.1.2 Africa

                              7.6.2 By End-User            

                              7.6.3 By Component       

                              7.6.4 By Equipment         

                              7.6.5 By System Type      

                              7.6.6 By Forecast Type   

8. Key Player Analysis                                   

               8.1 The Weather Company                         

                              8.1.1 Business Description            

                              8.1.2 Products/Service   

                              8.1.3 Financials 

                              8.1.4 SWOT Analysis       

                              8.1.5 Recent Developments         

                              8.1.6 Analyst Overview  

               8.2 Vaisala                        

               8.3 Sutron Corporation                 

               8.4 Campbell Scientific                  

               8.5 Airmar Technology Corporation                         

               8.6 All Weather, Inc                       

               8.7 Morcom International                           

               8.8 Columbia Weather Systems                 

               8.9 G. Lufft Mess-und Regeltechnik                         

               8.10 Skye Instruments                   

9. Market Outlook & Investment Opportunities                                  

Appendix                                          

               List of Tables                    

               List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Weather Forecasting Systems Market By Region, From 2021-2026 ( USD Billion )
  2. Global Weather Forecasting Systems Market By End-Use, From 2021-2026 ( USD Billion )
  3. Global Aviation Market By Region, From 2021-2026 ( USD Billion )
  4. Global Energy Market By Region, From 2021-2026 ( USD Billion )
  5. Global Military Market By Region, From 2021-2026 ( USD Billion )
  6. Global Agricultural Market By Region, From 2021-2026 ( USD Billion )
  7. Global Maritime Market By Region, From 2021-2026 ( USD Billion )
  8. Global Trasnportation Market By Region, From 2021-2026 ( USD Billion )
  9. Global Weather Forecasting Systems Market By Component, From 2021-2026 ( USD Billion )
  10. Global Data Loggers Market By Region, From 2021-2026 ( USD Billion )
  11. Global Software Market By Region, From 2021-2026 ( USD Billion )
  12. Global Sensors Market By Region, From 2021-2026 ( USD Billion )
  13. Global Hardware Market By Region, From 2021-2026 ( USD Billion )
  14. Global Weather Forecasting Systems Market By Equipment, From 2021-2026 ( USD Billion )
  15. Global Barometer Market By Region, From 2021-2026 ( USD Billion )
  16. Global Hygrometer Market By Region, From 2021-2026 ( USD Billion )
  17. Global Thermometer Market By Region, From 2021-2026 ( USD Billion )
  18. Global Weather Balloons Market By Region, From 2021-2026 ( USD Billion )
  19. Global Anemometer Market By Region, From 2021-2026 ( USD Billion )
  20. Global Rain Gauge Market By Region, From 2021-2026 ( USD Billion )
  21. Global Psychrometer Market By Region, From 2021-2026 ( USD Billion )
  22. Global Weather Forecasting Systems Market By System Type, From 2021-2026 ( USD Billion )
  23. Global Meteorological Satellite Systems Market By Region, From 2021-2026 ( USD Billion )
  24. Global Meteorological Stations Market By Region, From 2021-2026 ( USD Billion )
  25. Global Radiosondes Market By Region, From 2021-2026 ( USD Billion )
  26. Global Meteorological Radars Market By Region, From 2021-2026 ( USD Billion )
  27. Global Sounding Systems Market By Region, From 2021-2026 ( USD Billion )
  28. Global Weather Forecasting Systems Market By Forecast Type, From 2021-2026 ( USD Billion )
  29. Global Normal Market By Region, From 2021-2026 ( USD Billion )
  30. Global Medium Market By Region, From 2021-2026 ( USD Billion )
  31. Global Short Market By Region, From 2021-2026 ( USD Billion )
  32. Global Long Market By Region, From 2021-2026 ( USD Billion )

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