Quick Summary:
In a rapidly-evolving global landscape, the need for more sophisticated and reliable weather forecasting systems and solutions has never been greater. This need transcends industries, impacting everything from aviation to agriculture, logistics to live events. With the market for such systems projected to reach an impressive US$4.1 Billion by 2030, our comprehensive market research report offers a crucial, in-depth look into the market, its key players, projected trends and prospects. Our study provides invaluable insights, backed by robust data and extensive analysis.
Enhance your strategic decision-making with data from market stalwarts such as AIRMAR Technology Corp., Columbia Weather Systems, Inc., and Vaisala Oyj. The report also offers access to our Research Platform, online interactive peer-to-peer collaborative bespoke updates and digital archives, among a myriad of other features. Equip your business with the best market intelligence to navigate and capitalize on the burgeoning Weather Forecasting Systems and Solutions Market. Get your copy today.
Global Weather Forecasting Systems and Solutions Market to Reach $4.1 Billion by 2030
The global market for Weather Forecasting Systems and Solutions estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$4.1 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 4.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $739 Million, While China is Forecast to Grow at 8.1% CAGR
The Weather Forecasting Systems and Solutions market in the U.S. is estimated at US$739 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$886.5 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 19 Featured) -
- AIRMAR Technology Corp.
- Campbell Scientific Inc.
- Columbia Weather Systems, Inc.
- G. Lufft Mess- und Regeltechnik GmbH
- Gill Instruments Ltd.
- Hoskin Scientific Ltd.
- Liquid Robotics, Inc.
- Met One Instruments, Inc.
- Morcom International, Inc.
- Skye Instruments Limited
- Sutron Corporation
- Vaisala Oyj
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Weather Forecasting Systems and Solutions?
What is the growth rate of the Global Market for Weather Forecasting Systems and Solutions?
What is the forecasted size of the Global Market for Weather Forecasting Systems and Solutions?
Who are the key companies in the Global Market for Weather Forecasting Systems and Solutions?
| Report Attribute | Details |
|---|---|
| No. of Pages | 283 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.7 Billion |
| Forecasted Market Value ( USD | $ 4.1 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AIRMAR Technology Corp.
- Campbell Scientific Inc.
- Columbia Weather Systems, Inc.
- G. Lufft Mess- und Regeltechnik GmbH
- Gill Instruments Ltd.
- Hoskin Scientific Ltd.
- Liquid Robotics, Inc.
- Met One Instruments, Inc.
- Morcom International, Inc.
- Skye Instruments Limited
- Sutron Corporation
- Vaisala Oyj
