Weather Forecasting Systems & Solutions Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Weather forecasting is the application of science and technology to predict the conditions of the atmosphere of a particular time and location. Weather forecasts are made by assembling quantitative data about the current state of the atmosphere at a particular place and using meteorology to project the future atmospheric changes.This data is then processed using various scientific techniques to predict the changes in environments and climatic changes.
Dependency on rainfall for water supply, improvement in the economy of emerging countries and increased demand for continuous weather monitoring for disaster management are driving the growth of the weather forecasting systems and solutions market.However, factors such as complexities of the weather forecasting processes and uncertain weather predictions are expected to restrain the growth of weather forecasting systems and solutions market. Furthermore, enhancement of the computing capabilities of supercomputers and increased requirement of highly precise and reliable long-range weather forecastingare likely to create opportunities for weather forecasting systems and solutions market.
Weather forecasting systems & solutions market is segmented on the basis of component, system type, end user, forecasting type and geography. On the basis of end user, the weather forecasting systems and solutions market has been segmented into commercial, military, and weather service providers. On the basis of component segment, the weather forecasting systems and solutions market has been divided into software and hardware. Based on system type, the weather forecasting systems and solutions market has been divided into satellite-based systems, ground-based systems, and airborne systems. The forecasting type segment is further divided into nowcast, short range, medium range, extended range and long range.
Weather forecasting systems & solution market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
Major companies operating in the weather forecasting systems & solutions are Vaisala, Sutron Corporation, Campbell Scientific, Airmar Technology Corporation, Liquid Robotics, All Weather, Inc., Morcom International and Columbia Weather Systems, among others.
The key takeaways from the report
Scope of Weather Forecasting Systems & Solutions Market
System Type Segments
End User Segments
Forecasting Type Segments