The Global Weather Information Technologies Market size is expected to reach $25.35 billion by 2031, rising at a market growth of 10.2% CAGR during the forecast period.
Accurate weather forecasting is essential for predicting energy generation and demand, enabling utilities to optimize production and distribution, maintain grid stability, and prevent power outages. The need to safeguard energy infrastructure from weather-related disturbances like hurricanes and extreme temperatures, as well as the increased focus on smart grid technologies, are driving the development of weather information systems. Hence, the power and energy segment recorded 17% revenue share in the market in 2023. Furthermore, regulatory pressures and sustainability initiatives encourage energy providers to leverage advanced weather analytics for improved efficiency and risk management.
Global organizations like the World Meteorological Organization (WMO) spearhead international initiatives to enhance early warning capabilities. Their Early Warnings for All initiative aims to ensure that everyone on Earth is covered by life-saving early warning systems by 2027. The program is designed to bridge the gap between data providers and vulnerable communities by improving forecasting, risk communication, and emergency response actions. Additionally, by combining IoT’s ability to collect granular, real-time environmental data with AI’s advanced predictive analytics, modern weather forecasting has evolved into a smarter, more proactive system. This integration allows governments, businesses, and communities to make data-driven decisions, whether optimizing flight routes, improving disaster preparedness, enhancing crop management, or balancing energy grids powered by renewables. Thus, the increased adoption of IoT and AI in weather forecasting is becoming an innovation and a necessity.
However, as the volume and velocity of weather data continue to grow, integrating and managing this information becomes even more complex. Without seamless integration, the value of weather data is diminished, as fragmented or inconsistent information can lead to unreliable forecasts. This complexity is a deterrent, especially for smaller organizations or developing regions lacking the technological infrastructure or expertise to handle such challenges effectively.
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 34% revenue share in the market in 2023. Countries like China, India, Japan, and Australia are investing significantly in weather monitoring and forecasting technologies to mitigate these natural disasters' economic and human impacts. Rapid urbanization, population growth, and the dependence on agriculture in many Asia Pacific countries further increase the demand for accurate weather information to ensure food security and disaster preparedness.
Accurate weather forecasting is essential for predicting energy generation and demand, enabling utilities to optimize production and distribution, maintain grid stability, and prevent power outages. The need to safeguard energy infrastructure from weather-related disturbances like hurricanes and extreme temperatures, as well as the increased focus on smart grid technologies, are driving the development of weather information systems. Hence, the power and energy segment recorded 17% revenue share in the market in 2023. Furthermore, regulatory pressures and sustainability initiatives encourage energy providers to leverage advanced weather analytics for improved efficiency and risk management.
Global organizations like the World Meteorological Organization (WMO) spearhead international initiatives to enhance early warning capabilities. Their Early Warnings for All initiative aims to ensure that everyone on Earth is covered by life-saving early warning systems by 2027. The program is designed to bridge the gap between data providers and vulnerable communities by improving forecasting, risk communication, and emergency response actions. Additionally, by combining IoT’s ability to collect granular, real-time environmental data with AI’s advanced predictive analytics, modern weather forecasting has evolved into a smarter, more proactive system. This integration allows governments, businesses, and communities to make data-driven decisions, whether optimizing flight routes, improving disaster preparedness, enhancing crop management, or balancing energy grids powered by renewables. Thus, the increased adoption of IoT and AI in weather forecasting is becoming an innovation and a necessity.
However, as the volume and velocity of weather data continue to grow, integrating and managing this information becomes even more complex. Without seamless integration, the value of weather data is diminished, as fragmented or inconsistent information can lead to unreliable forecasts. This complexity is a deterrent, especially for smaller organizations or developing regions lacking the technological infrastructure or expertise to handle such challenges effectively.
Driving and Restraining Factors
Drivers
- Growing Incidence of Extreme Weather Events
- Increased Adoption of IoT and AI in Weather Forecasting
- Rising Demand from Government Initiatives and Funding
Restraints
- High Initial Investment and Maintenance Costs
- Complexity Involved in Integrating Data Collected from Diverse Sources
Opportunities
- Rising Popularity of Mobile Weather Applications
- Growing Reliance of Insurance and Reinsurance Industries on WIT Technologies
Challenges
- Limited Availability of Technical Expertise
- Data Accuracy and Reliability Issues
Component Type Outlook
Based on component, the market is classified into communication devices, monitoring devices, software, and others. The monitoring devices segment garnered 36% revenue share in the market in 2023. Devices such as automated weather stations, radar systems, barometers, anemometers, and advanced sensors collect vital temperature, humidity, wind speed, and precipitation data. The increasing frequency of extreme weather events and the growing importance of disaster preparedness have intensified the demand for high-precision monitoring equipment.Application Type Outlook
On the basis of application, the market is bifurcated into air quality monitoring and weather monitoring & forecasting. The air quality monitoring segment recorded 41% revenue share in the market in 2023. Governments and regulatory bodies enforce stricter emission standards and environmental policies, leading to greater demand for reliable air quality monitoring systems. These technologies are crucial for real-time tracking of particulate matter (PM2.5 and PM10), nitrogen oxides, carbon monoxide, and volatile organic compounds. Rapid urbanization, industrialization, and increasing awareness among populations regarding the harmful effects of air pollution have further propelled the adoption of air quality monitoring solutions in cities, industrial zones, and public spaces.End-use Outlook
Based on end-use, the market is segmented into agriculture, industrial, transportation, power & energy, government & defense, meteorology & weather service provider, and others. The meteorology and weather service provider segment procured 23% revenue share in the market in 2023. These providers play a pivotal role in collecting, analyzing, and distributing weather information using advanced technologies such as satellites, radars, and high-performance computing for data modeling. The rising frequency of extreme weather events due to climate change has heightened the demand for precise early warnings and long-term climate predictions, prompting governments and private organizations to invest in these services.
Forecast Range Outlook
By forecast range, the market is divided into short-range forecast, medium-range forecast, and long-range forecast. The short-range forecast segment garnered 35% revenue share in the market in 2023. The increasing need for extremely precise, real-time weather forecasts that enable prompt planning and decision-making is the main driver of the short-range forecast segment's growth. These forecasts, typically covering a period of up to 72 hours, are critical for sectors such as aviation, marine operations, transportation, and emergency services, where rapid response to changing weather conditions is essential.Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 34% revenue share in the market in 2023. Countries like China, India, Japan, and Australia are investing significantly in weather monitoring and forecasting technologies to mitigate these natural disasters' economic and human impacts. Rapid urbanization, population growth, and the dependence on agriculture in many Asia Pacific countries further increase the demand for accurate weather information to ensure food security and disaster preparedness.
List of Key Companies Profiled
- All Weather, Inc.
- Campbell Scientific, Inc.
- AccuWeather, Inc.
- Gill Instruments Limited
- Lockheed Martin Corporation
- Met One Instruments, Inc. (ACOEM Group)
- Morcom International, Inc.
- Optical Scientific, Inc.
- IBM Corporation (The Weather Company)
- DTN, LLC
Market Report Segmentation
By Application
- Weather Monitoring & Forecasting
- Air Quality Monitoring
By Component
- Monitoring Devices
- Software
- Communication Devices
- Other Component
By Forecast Range
- Medium-Range Forecast
- Short-Range Forecast
- Long-Range Forecast
By End-use
- Meteorology & Weather Service Provider
- Transportation
- Power & Energy
- Agriculture
- Government & Defense
- Industrial
- Other End-use
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Weather Information Technologies Market by Application
Chapter 5. Global Weather Information Technologies Market by Component
Chapter 6. Global Weather Information Technologies Market by Forecast Range
Chapter 7. Global Weather Information Technologies Market by End-use
Chapter 8. Global Weather Information Technologies Market by Region
Chapter 9. Company Profiles
Companies Mentioned
- All Weather, Inc.
- Campbell Scientific, Inc.
- AccuWeather, Inc.
- Gill Instruments Limited
- Lockheed Martin Corporation
- Met One Instruments, Inc. (ACOEM Group)
- Morcom International, Inc.
- Optical Scientific, Inc.
- IBM Corporation (The Weather Company)
- DTN, LLC
Methodology
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