Summary
The global Weather Monitoring Solutions And Services Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Weather Monitoring Solutions and Services have the capability to predict severe weather events before they happen. They've been able to come up with long-term records of rainfall amounts, snowfall, temperature readings, cloud cover, and other relevant weather data and trends. These record-breaking long-term weather forecasts were a major factor in deciding how residents of areas would deal with severe weather outbreaks and warnings over the last couple of decades. Today's modern meteorology department and its partners are capable of providing accurate weather predictions for a wide variety of areas and for a wide range of scenarios. This services also helps in preparing for emergencies, tracking severe weather outbreaks, improving emergency management, and warning citizens of upcoming weather-related events.
Growing demand for these services from aviation, marine, agriculture, energy & utilities, oil & gas, among other industries is propelling the growth of the weather monitoring solutions and services market. Rising safety concerns from end-user industries and fluctuating weather conditions are again driving the growth of the market. The growing use of weather forecasting services for improving safety and reduce losses is also expected to augment the growth of the market. Farmers are widely using this technology to predict the weather condition and make important decisions regarding planting and harvesting.
For instance, agriculture in India is still rain-fed, and a farmer’s future and the future of their family still depend on how merciful the Monsoon will be for the country. For this In India, the United States Agency for International Development (USAID) has partnered with Skymet Weather Services Private Limited for a unique project on “Partnership in Climate Services for Resilient Agriculture in India (PCSRA)”.
From the geographical point of view, Europe is projected to gain significant growth over the forecast period and this is attributed to the increasing focus of key manufacturers to introduce the innovative solution in order to cater to rising demand. For instance, in August 2020, WeatherFlow announced the launch of the Tempest Weather System, the first home weather monitoring and forecasting system that uses intelligent weather technology to provide precise, real-time weather data for personal and home use.
Key Developments:
- In October 2017, Trump administration has launched a weather and climate satellite
- In September 2017, JRC launches a new EU-wide crop and weather monitoring e-service
- In December 2020, Iridium Communications Inc. (IRDM) has announced its partnership with Intellisense to launch the Integrated Weather Observation System (IWOS)
The Weather Monitoring Solutions And Services Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Weather Monitoring Solutions And Services Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Anything Weather
- Campbell Scientific
- Climatronics Corporation
- Coastal Environmental Systems
- Columbia Weather Systems
- Intermountain Environmental
- Met One Instruments
- Nvis Technologies
- Vaisala Oyj
- Accuweather
- Baron Services
- Earth Networks
- GLOBAL WEATHER CORPORATION
- The Weather Company
By the Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Transportation & Logistics
- Government
- Meteorology
- Broadcast & Telecommunications
- Agriculture & Fisheries
- Others
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Weather Monitoring Solutions And Services Market Report:
- To assess the size of the market by value and volume
- Analyze the Weather Monitoring Solutions And Services Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Weather Monitoring Solutions And Services Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Weather Monitoring Solutions And Services Market
The Weather Monitoring Solutions And Services Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Weather Monitoring Solutions And Services Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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