Weather Forecasting Systems Market
Weather Forecasting Systems Market Forecasts to 2028 – Global Analysis By Transmission (Video Clips, Images), Solution (Hardware, Software), Application (Weather Drones, LiDAR), End User (Media, Marine) and By Geography
According to Stratistics MRC, the Global Weather Forecasting Systems Market is accounted for $2.43 billion in 2020 and is expected to reach $4.40 billion by 2028 growing at a CAGR of 7.7% during the forecast period. Rise in climate change patterns, increasing safety and security concerns, increasing use of big data analytics in weather forecasting are driving the market growth. However, high chances of inaccuracies and false weather alarms are hampering the growth of the market.
Weather forecasting is a typical combination of science and technology to foresee the atmospheric and environmental condition of a particular region to predict the atmospheric change. A weather forecasting system uses science and technology to predict the conditions of the atmosphere for a given location and time.
Based on the forecast type, the long range segment is going to have lucrative growth during the forecast period due to the increasing demand for the services of weather forecasting by major industries such as aviation, agriculture and renewable energy is expected to drive the growth of the segment.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rapid industrialization and growth of transportation industry in the countries such as China and India. Factors such as increasing the growth of air and sea transport and dependency on rainfall for water for better economic conditions in developing regions are also contributing to the growth of Asia Pacific weather forecasting market.
Some of the key players profiled in the Weather Forecasting Systems Market include
Accuweather, Inc., Airmar Technology Corporation, All Weather, Inc., Campbell Scientific, Gill Instruments, Honeywell International, Inc., Hoskin Scientific, Met One Instruments, Inc., Meteogroup, Morcom International, Raytheon Company, Skye Instruments, Sutron Corporation and The Weather Company.
Transmissions Covered:
• Video Clips
• Presentations
• Images
Solutions Covered:
• Hardware
• Software
Applications Covered:
• Weather Drones
• Airborne Light Detection and Ranging (LiDAR)
• Weather Observing Systems
• Weather Balloons
• Weather Satellites
• Weather Stations
Forecast Types Covered:
• Normal Range
• Short-Range
• Medium-Range
• Long-Range
• Extended-Range
• Nowcast
End Users Covered:
• Oil & Gas
• Meteorology
• Weather Service Providers
• Agriculture
• Aviation
• Renewable Energy
• Military & Defense
• Transportation & Logistics
• Media
• Marine
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Weather Forecasting Systems Market, By Transmission
5.1 Introduction
5.2 Video Clips
5.3 Presentations
5.4 Images
6 Global Weather Forecasting Systems Market, By Solution
6.1 Introduction
6.2 Hardware
6.2.1 Weather Antennas
6.2.2 Thermometers
6.2.3 Anemometers
6.2.4 Communication & Data Loggers
6.2.5 Rain Gauges
6.2.6 Barometers
6.2.7 Hygrometers
6.2.8 Sounding Systems & Radiosondes
6.2.9 Weather Radars
6.2.10 Sling Psychrometer
6.2.11 Satellite sensors
6.3 Software
6.3.1 Big Data Analytics Software
6.3.2 Data Collection & Processing Software
6.3.3 Weather Monitoring & Display Software
6.3.4 Super Computing Software
7 Global Weather Forecasting Systems Market, By Application
7.1 Introduction
7.2 Weather Drones
7.3 Airborne Light Detection and Ranging (LiDAR)
7.4 Weather Observing Systems
7.5 Weather Balloons
7.6 Weather Satellites
7.7 Weather Stations
8 Global Weather Forecasting Systems Market, By Forecast Type
8.1 Introduction
8.2 Normal Range
8.3 Short-Range
8.4 Medium-Range
8.5 Long-Range
8.6 Extended-Range
8.7 Nowcast
9 Global Weather Forecasting Systems Market, By End User
9.1 Introduction
9.2 Oil & Gas
9.3 Meteorology
9.4 Weather Service Providers
9.5 Agriculture
9.6 Aviation
9.7 Renewable Energy
9.8 Military & Defense
9.9 Transportation & Logistics
9.10 Media
9.11 Marine
10 Global Weather Forecasting Systems Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Accuweather, Inc.
12.2 Airmar Technology Corporation
12.3 All Weather, Inc.
12.4 Campbell Scientific
12.5 Gill Instruments
12.6 Honeywell International, Inc.
12.7 Hoskin Scientific
12.8 Met One Instruments, Inc.
12.9 Meteogroup
12.10 Morcom International
12.11 Raytheon Company
12.12 Skye Instruments
12.13 Sutron Corporation
12.14 The Weather Company
List of Tables
1 Global Weather Forecasting Systems Market Outlook, By Region (2019-2028) ($MN)
2 Global Weather Forecasting Systems Market Outlook, By Transmission (2019-2028) ($MN)
3 Global Weather Forecasting Systems Market Outlook, By Video Clips (2019-2028) ($MN)
4 Global Weather Forecasting Systems Market Outlook, By Presentations (2019-2028) ($MN)
5 Global Weather Forecasting Systems Market Outlook, By Images (2019-2028) ($MN)
6 Global Weather Forecasting Systems Market Outlook, By Solution (2019-2028) ($MN)
7 Global Weather Forecasting Systems Market Outlook, By Hardware (2019-2028) ($MN)
8 Global Weather Forecasting Systems Market Outlook, By Weather Antennas (2019-2028) ($MN)
9 Global Weather Forecasting Systems Market Outlook, By Thermometers (2019-2028) ($MN)
10 Global Weather Forecasting Systems Market Outlook, By Anemometers (2019-2028) ($MN)
11 Global Weather Forecasting Systems Market Outlook, By Communication & Data Loggers (2019-2028) ($MN)
12 Global Weather Forecasting Systems Market Outlook, By Rain Gauges (2019-2028) ($MN)
13 Global Weather Forecasting Systems Market Outlook, By Barometers (2019-2028) ($MN)
14 Global Weather Forecasting Systems Market Outlook, By Hygrometers (2019-2028) ($MN)
15 Global Weather Forecasting Systems Market Outlook, By Sounding Systems & Radiosondes (2019-2028) ($MN)
16 Global Weather Forecasting Systems Market Outlook, By Weather Radars (2019-2028) ($MN)
17 Global Weather Forecasting Systems Market Outlook, By Sling Psychrometer (2019-2028) ($MN)
18 Global Weather Forecasting Systems Market Outlook, By Satellite sensors (2019-2028) ($MN)
19 Global Weather Forecasting Systems Market Outlook, By Software (2019-2028) ($MN)
20 Global Weather Forecasting Systems Market Outlook, By Big Data Analytics Software (2019-2028) ($MN)
21 Global Weather Forecasting Systems Market Outlook, By Data Collection & Processing Software (2019-2028) ($MN)
22 Global Weather Forecasting Systems Market Outlook, By Weather Monitoring & Display Software (2019-2028) ($MN)
23 Global Weather Forecasting Systems Market Outlook, By Super Computing Software (2019-2028) ($MN)
24 Global Weather Forecasting Systems Market Outlook, By Application (2019-2028) ($MN)
25 Global Weather Forecasting Systems Market Outlook, By Weather Drones (2019-2028) ($MN)
26 Global Weather Forecasting Systems Market Outlook, By Airborne Light Detection and Ranging (LiDAR) (2019-2028) ($MN)
27 Global Weather Forecasting Systems Market Outlook, By Weather Observing Systems (2019-2028) ($MN)
28 Global Weather Forecasting Systems Market Outlook, By Weather Balloons (2019-2028) ($MN)
29 Global Weather Forecasting Systems Market Outlook, By Weather Satellites (2019-2028) ($MN)
30 Global Weather Forecasting Systems Market Outlook, By Weather Stations (2019-2028) ($MN)
31 Global Weather Forecasting Systems Market Outlook, By Forecast Type (2019-2028) ($MN)
32 Global Weather Forecasting Systems Market Outlook, By Normal Range (2019-2028) ($MN)
33 Global Weather Forecasting Systems Market Outlook, By Short-Range (2019-2028) ($MN)
34 Global Weather Forecasting Systems Market Outlook, By Medium-Range (2019-2028) ($MN)
35 Global Weather Forecasting Systems Market Outlook, By Long-Range (2019-2028) ($MN)
36 Global Weather Forecasting Systems Market Outlook, By Extended-Range (2019-2028) ($MN)
37 Global Weather Forecasting Systems Market Outlook, By Nowcast (2019-2028) ($MN)
38 Global Weather Forecasting Systems Market Outlook, By End User (2019-2028) ($MN)
39 Global Weather Forecasting Systems Market Outlook, By Oil & Gas (2019-2028) ($MN)
40 Global Weather Forecasting Systems Market Outlook, By Meteorology (2019-2028) ($MN)
41 Global Weather Forecasting Systems Market Outlook, By Weather Service Providers (2019-2028) ($MN)
42 Global Weather Forecasting Systems Market Outlook, By Agriculture (2019-2028) ($MN)
43 Global Weather Forecasting Systems Market Outlook, By Aviation (2019-2028) ($MN)
44 Global Weather Forecasting Systems Market Outlook, By Renewable Energy (2019-2028) ($MN)
45 Global Weather Forecasting Systems Market Outlook, By Military & Defense (2019-2028) ($MN)
46 Global Weather Forecasting Systems Market Outlook, By Transportation & Logistics (2019-2028) ($MN)
47 Global Weather Forecasting Systems Market Outlook, By Media (2019-2028) ($MN)
48 Global Weather Forecasting Systems Market Outlook, By Marine (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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