Global Weather Forecasting Systems Market 2025–2029: Competitive Insights and Opportunities
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What Is The Global Market Value Of The Weather Forecasting Systems Industry In 2025?
The global market for weather forecasting systems has experienced consistent expansion over the last few years, projecting an increase from \$2.6 billion in 2024 to \$2.66 billion by 2025, reflecting a compound annual growth rate (CAGR) of 2.2%; this upward trajectory during the historical span is credited to advancements in climate research and observation, heightened readiness for natural catastrophes, improved management practices in agriculture and cultivation, developments in aerial and maritime transit, and the increasing focus on climate change consequences.
Anticipated to exhibit consistent expansion over the forthcoming period, the market for weather forecasting systems is projected to reach a valuation of $3.08 billion by the year 2029, reflecting a steady compound annual growth rate (CAGR) of 3.7%. This upward trajectory throughout the projection timeframe is fundamentally driven by several factors, including the incorporation of renewable energy sources, the rising adoption of intelligent agricultural practices, the heightened frequency of severe climatic occurrences, greater emphasis on ecological preservation, and advancements in both space exploration and astronomical studies. Key developments expected to characterize this part of the forecast involve the adoption of highly detailed weather modeling techniques, the incorporation of artificial intelligence and machine learning capabilities, sophisticated visualizations of meteorological data, deeper integration with various weather applications, and enhanced extraterrestrial monitoring of atmospheric conditions.
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What Are The Key Drivers Of Growth In The Weather Forecasting Systems Market?
The escalating incorporation of green power solutions is substantially propelling the expansion of the weather prediction systems sector. Since electricity generation from renewables, most notably wind and solar, inherently fluctuates based on meteorological conditions, employing precise forecasting mechanisms becomes crucial for preventing service interruptions and boosting operational effectiveness. To illustrate this trend, data from Climate Central, a US-based nonprofit news entity, indicated that in 2023, the United States generated 238,121 gigawatt-hours (GWh) of power via solar methods, with California and Texas leading the national output. Furthermore, a considerable proportion of the US populace indicated a preference for greater utilization of solar and wind power while simultaneously striving to lower carbon output. By the conclusion of 2023, the nation’s overall solar capacity stood near 139 gigawatts (GW), encompassing both large-scale grid projects and smaller setups, representing an increase exceeding 26 GW, or 23 percent, over the preceding year’s figures. Consequently, the heightened deployment of renewable energy assets is anticipated to serve as a key catalyst for the market’s progress in weather forecasting systems moving forward.
What Are The Different Segment Classifications Within The Weather Forecasting Systems Market?
The weather forecasting systems market covered in this report is segmented –
1) By Type: Short-Range, Medium-Range, Long-Range
2) By Component: Data Loggers, Software, Sensors And Hardware
3) By Equipment: Barometer, Anemometer, Hygrometer, Rain Gauge, Thermometer, Sling Psychrometer, Weather Balloons
4) By End User: Aviation, Military, Energy, Agriculture, Marine, Transportation
Subsegments:
1) By Short-Range Forecasting: Nowcasting, Up To 3 days
2) By Medium-Range Forecasting: 3 To 10 days
3) By Long-Range Forecasting: 10 days To Several Months, Seasonal Forecasting
What Key Innovation Trends Are Fueling Advancements In The Weather Forecasting Systems Market?
A significant movement in the current marketplace involves the increasing uptake of advanced weather observation technologies. Leading enterprises within the domain of meteorological forecasting are directing their efforts toward innovating elaborate weather surveillance setups to solidify their market standing. As an illustration, in February of 2024, India executed the deployment of the INSAT-3DS weather satellite, propelled by the GSLV-F14 launch vehicle from the Satish Dhawan Space Centre in Sriharikota. This spacecraft, INSAT-3DS, represents the sixth mission in the INSAT satellite lineage, possessing an initial mass upon liftoff amounting to 2,274 kilograms. It carries four distinct instrument packages: a multispectral imager featuring six spectral channels, a sounder with 19 spectral channels, a Data Relay Transponder (DRT), and a Satellite Aided Search & Rescue transponder (SAS&R). These incorporated functionalities are purposefully engineered to refine comprehension of ecological shifts, boost the precision of meteorological predictions, maximize the utility of collected data, and facilitate rapid assistance during critical situations via cutting-edge satellite capabilities.
Which Major Industry Participants Are Leading The Weather Forecasting Systems Market Growth?
Major companies operating in the weather forecasting systems market include The Weather Company, Sutron Corporation, Campbell Scientific Inc., Airmar Technology Corporation, All Weather Co., Morcom International, Columbia Weather Systems, G. Lufft Mess-und Regeltechnik, Vaisala Oyj, Skye Instruments Ltd., AccuWeather Inc., StormGeo AS, Lockheed Martin Corporation, Liquid Robotics Inc., Spire Global Inc., Earth Networks Inc., Skymet Weather Services, DTN Inc., Honeywell International Inc., International Business Machines Corporation, MeteoGroup, Raytheon Company, Tomorrow.io, OTT HydroMet Ltd., Athenium Analytics, WeatherOps, Fugro Inc., The Weather Network, Met Office, WeatherBug Org., Weatherzone Org., WeatherBell Analytics Org., Meteoblue AG, Meteo-France SA
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Which Region Is Projected To Lead The Weather Forecasting Systems Market During The Forecast Period?
North America was the largest region in the weather forecasting systems market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the weather forecasting systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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