Key Trends in the Market
Weather forecasting utilises observational data, tools, technology, and science to forecast the weather for months, days, and hours for a certain location. Before the development of computer models, weather forecasting was done by observation with high levels of inaccuracies. Weather forecasting systems employ software and hardware solutions to build on atmospheric research as well as operational weather forecasting to accurately predict weather.- An upsurge in the demand and usage of big data analytics in weather forecasting is expected to drive the weather forecasting systems market growth across the globe. This is because weather forecasting requires analysis of huge sets of data at a fast rate.
- Due to climate change weather patterns are changing. There is a growing requirement for reliable information regarding the weather, particularly for agriculture sectors and travellers. These aspects are aiding the market growth of weather forecasting systems.
- Rising air and sea transportation, for passengers and cargo, and the increase in monitoring of changing weather patterns to discern impacts of environmental pollution are further boosting the market growth during the forecast period.
Weather Forecasting Systems Market Segmentation
Global Weather Forecasting Systems Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Solution
- Hardware
- Software
Market Breakup by Forecasting Type
- Long Range Forecasting
- Medium Range Forecasting
- Short Range Forecasting
Market Breakup by Application
- Weather Satellites
- Weather Observing Systems
- Weather Stations
- Weather Drones
- Weather LiDAR
- Weather Balloons
- Others
Market Breakup by End Use Industry
- Agriculture
- Energy and Utilities
- Transportation and Logistics
- Defence and Military
- Aviation
- Marine
- Meteorology and Weather Service Provider
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Solution
The software segment is expected to gain momentum in the weather forecasting systems market across the globe as it incorporates a complex network of systems. While potential of hardware systems is limited, with advancements in technology, software systems offer significantly greater potential.Types of software systems used in weather forecasting include data collection and processing software, weather monitoring and display software, big data analytics, and supercomputing. These systems assemble as well as establish hydrological, meteorological, radar, and satellite data to forecast weather for a specific location.
Market Share by Region
Geographically, the North American region is augmenting the weather forecasting systems market share on account of the presence existence of major market players in the region like Campbell Scientific, Inc., All Weather, Inc., Skye Instruments Limited, and Vaisala Inc., among others.Rapid technological advancements along with early adoption of the innovative technologies in several sectors like renewable energy, military and defence, agriculture, and transportation are further driving the market growth in the region.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global weather forecasting systems market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Accuweather, Inc.
Accuweather, Inc. combines technology, weather data, and human insights to improve businesses and lives. It is the most known as well as the most utilised source of weather forecasts along with weather warnings across the globe, known to billions, and is proven and verified to be the most accurate.IBM Corporation
IBM Corporation provides information technology (IT) services and products. It sells and produces software and hardware systems, along with hosting, consulting services, and infrastructure.Skye Instruments Limited
Skye Instruments Limited is involved in manufacturing and designing instrumentation for plant growth, agricultural research, and environmental monitoring. It is known for producing premium quality instruments that are long-lasting in the field as well as for having outstanding consumer relationships all over the world.Other market players include Vaisala Oyj, StormGeo AS, DTN LLC, Campbell Scientific, Inc., Airmar Technology Corporation, OTT HydroMet Fellbach GmbH, and Fugro Group, among others.
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Companies Mentioned
- Accuweather, Inc.
- IBM Corporation
- Skye Instruments Limited