Market Insights:
The global Weather Information Technologies market is projected to grow from USD 9.4 Bn in 2021 to 11.1 Bn by 2030, at a CAGR of 8.6% in forecast period, 2022-2030.
Driver:
The increased adoption of Weather Information Technologies in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Weather Information Technologies also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Weather Information Technologies in many sectors also boosts the market growth during the forecast period.
Weather information technology delivers both current and forecasted atmospheric conditions. With the use of various weather information technologies, precise weather predictions may be created. Moreover, these technologies have major uses in the aviation sector. They are utilised for air traffic control since weather forecasts are crucial for safe take-off and landing.
Weather Information Technologies Market Research Report” was just released by Market Research Community. It is divided into several categories, including Solution (Weather Information Technology Systems (Automatic Weather Stations, Automated Weather Observing System (AWOS), Sounding Systems, Weather Radar, Others (Lightening, Air Quality)) Weather Information Technology (Services, Maintenance Services, Consulting Services)), application (Air Quality Monitoring, Weather Monitoring, Weather Forecasting, Others), By Industry (Utilities, Agriculture, Military & Defense, Transportation, Marine, Aviation, Others (Mining, Chemicals)) and companies (Lockheed Martin Corporation, Munro Instruments Limited, Skye Instruments Limited, Vaisala, Campbell Scientific, Inc., Climatronics Corporation, Coastal Environmental Systems, Inc., Columbia Weather Systems, Inc., Gill Instruments Limited), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 8.6%, over the forecast period of 2022–2030
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 11.1 Billion |
| CAGR (2022-2030) | 8.6% |
| By Solution | Weather Information Technology Systems (Automatic Weather Stations, Automated Weather Observing System (AWOS), Sounding Systems, Weather Radar, Others (Lightening, Air Quality)) Weather Information Technology (Services, Maintenance Services, Consulting Services) |
| By Application | Air Quality Monitoring, Weather Monitoring, Weather Forecasting, Others |
| By Industry | Utilities, Agriculture, Military & Defense, Transportation, Marine, Aviation, Others (Mining, Chemicals) |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Lockheed Martin Corporation, Munro Instruments Limited, Skye Instruments Limited, Vaisala, Campbell Scientific, Inc., Climatronics Corporation, Coastal Environmental Systems, Inc., Columbia Weather Systems, Inc., Gill Instruments Limited |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Weather Information Technologies market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Lockheed Martin Corporation, Munro Instruments Limited, Skye Instruments Limited, Vaisala, Campbell Scientific, Inc., Climatronics Corporation, Coastal Environmental Systems, Inc., Columbia Weather Systems, Inc., Gill Instruments Limited
Market Segment Analysis:
By Solution
Weather Information Technology Systems
- Automatic Weather Stations
- Automated Weather Observing System (AWOS)
- Sounding Systems
- Weather Radar
- Others (Lightening, Air Quality)
Weather Information Technology Services
- Maintenance Services
- Consulting Services
By Application
- Air Quality Monitoring
- Weather Monitoring
- Weather Forecasting
- Others
By Industry
- Utilities
- Agriculture
- Military & Defense
- Transportation
- Marine
- Aviation
- Others (Mining, Chemicals)
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Weather Information Technologies industries in the region.
Key Weather Information Technologies Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Weather Information Technologies Market segments.
– Largest Market Share Held by Industry to Industry for Weather Information Technologies
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Weather Information Technologies Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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