Global Weather Forecasting Systems Market
Electrical And Electronics Manufacturing

Global Weather Forecasting Systems Market Overview And Prospects – Includes Weather Forecasting Systems Market Trends

Learn about the global weather forecasting systems market through The Business Research Company, which provides information on weather forecasting systems market size, weather forecasting systems market drivers and restraints, weather forecasting systems market players, the COVID-19 impact on the weather forecasting systems market, and more.

 

The global weather forecasting systems market size is expected to grow from $2.29 billion in 2021 to $2.38 billion in 2022 at a compound annual growth rate (CAGR) of 4.25%. The growth in the market is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global weather forecasting system market size is expected to reach $2.97 billion in 2026 at a CAGR of 5.61%.

 

The increasing adoption of renewable energy sources is significantly driving the growth of the weather forecasting systems market.

 

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Global Weather Forecasting Systems Market

The weather forecasting systems market consists of the sales of weather forecasting technologies by entities (organizations, partnerships, and sole proprietors) that combine technology and science to anticipate the state of the atmosphere for a specific time and location in the future. Weather forecasts are developed by gathering as much information as possible regarding the current atmospheric conditions (like humidity, temperature, and wind) and applying knowledge of atmospheric processes (through meteorology) to predict how the atmosphere will evolve in the future.

 

Global Weather Forecasting Systems Market Segments Include:

By Type: Short-Range, Medium-Range, Long-Range

By Component: Data Loggers, Software, Sensors and Hardware

By Equipment: Barometer, Anemometer, Hygrometer, Rain Gauge, Thermometer, Sling Psychrometer, Weather Balloons

By End-User: Aviation, Military, Energy, Agriculture, Marine, Transportation
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the weather forecasting systems market in 2021.

 

The adoption of sophisticated weather monitoring systems is a key trend gaining popularity in the market. Major companies operating in the weather forecasting systems sector are focused on developing sophisticated weather monitoring systems to strengthen their position.

 

TBRC’s weather forecasting systems market report covers:

Major Market Players: The Weather Company, Sutron Corporation, Campbell Scientific, Airmar Technology Corporation, All Weather, Morcom International, Columbia Weather Systems, G. Lufft Mess-und Regeltechnik, Vaisala, Skye Instruments Ltd., AccuWeather, Inc., StormGeo, Lockheed Martin Corporation, Liquid Robotics Inc., Spire Global, Earth Networks, Skymet Weather Services, DTN, Honeywell International, IBM Corporation, MeteoGroup and Raytheon Company

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Weather Forecasting Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides weather forecasting systems market overviews, analyzes and forecasts market size, share, weather forecasting systems market players, weather forecasting systems market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s weather forecasting systems market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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