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Weather Forecasting Systems & Solutions Market | Covid-19 Impact Analysis
The Weather Forecasting Systems & Solutions Market is Segmented by Type (Systems, Solutions), by Component Type (Software, Hardware), by System Type (Satellite-Based, Ground-Based, and Air-Based), by End-User Type (Commercial, Military, Meteorology, and Weather Service Providers), by Forecasting Type (Nowcast, Short-Range Forecasting, Medium-Range Forecasting, Extended-Range-Forecasting, and Long-Range Forecasting), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Weather forecasting systems & solutions market is likely to witness an impressive CAGR of 8.2% during the forecast period. Increasing need for precise weather predictions to carry out onshore operations, rising demand for effective air traffic control at airports, and growing need for innovative numerical weather prediction models are the prime factors that are expected to underpin the growth of the global weather forecasting systems & solutions market. Further, governments of various countries and private agencies have been investing exceedingly in the progression of advanced and efficient weather forecasting systems to render alerts for storms or cyclones in advance to warrant public safety, which in turn, bolsters the market globally.
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Weather Forecasting Systems & Solutions Market - Snapshot |
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Growth |
8.2% for the next five years |
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Major System Type |
Ground-based systems |
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Major component Types |
Software component |
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Dominant End-User Type |
Commercial |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Airmar Technology Corporation, Campbell Scientific Inc., Columbia Weather Systems, Gill Instruments Pvt. Ltd., G. Lufft Mess-Und Regeltechnik Hoskin Scientific, Liquid Robotics, Met One Instruments Inc., Morcom International Inc., and Skye Instruments Ltd. |
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Based on the system type, the market is segmented as satellite-based, ground-based, and air-based. The ground-based systems segment is expected to remain dominant in the coming five years.
Based on the component type, the market is segmented as software and hardware. The software component segment is estimated to register a higher growth during the forecast period, owing to the rising adoption of data collection & processing software across the world for highly precise weather predictions.
Based on the end-user type, the market is segmented as commercial, military, meteorology, and weather service providers. The commercial segment is expected to depict substantial growth during the forecast period, owing to the rising demand for advanced weather forecasting systems from different industries, across the globe.
In terms of regions, the Asia-Pacific’s weather forecasting systems & solutions market is estimated to register the highest growth during the forecast period, driven by rapid industrialization, expansion of airports, and rising applicability of weather forecasting systems in the agriculture sector of the region. Further, development in air and sea transport, reliability on rainfall for water supply, improvement in the economy of the Asia-Pacific region, and rising demand for incessant weather monitoring for disaster management are also boosting the growth of the Asia-Pacific’s weather forecasting systems & solutions market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Some of the major players in the weather forecasting systems & solutions market are-
Weather Forecasting Systems & Solutions is a technology that predicts the atmospheric condition of a particular location in future. As per the latest technology, apart from such predicting the condition, the technology is also capable of providing a solution for situations such as a climatic disturbance in an area.
Weather Forecasting Systems & Solutions work on several data that has been collected through hardware as well as software technologies. The -system can be ground-based, air-based, or even satellite-based. It is majorly used in the case of military, meteorology, weather service, and commercial purposes.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Weather Forecasting Systems & Solutions Market Research Report - Features |
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Market Segmentation |
6 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The weather forecasting systems & solutions market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Driven by the factors like increasing need for precise weather predictions to carry out onshore operations & rising demand for effective air traffic control at airports, the weather forecasting systems & solutions market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.
Airmar Technology Corporation, Campbell Scientific. Inc., Columbia Weather Systems, Columbia Weather Systems, Gill Instruments Pvt. Ltd., G. Lufft Mess-Und Regeltechnik, Hoskin Scientific, Liquid Robotics, Met One Instruments, Inc., Morcom International, Inc., and Skye Instruments Ltd are among the key players in the Weather Forecasting Systems & Solutions Market.
Asia-Pacific is expected to register the highest growth in the Weather Forecasting Systems & Solutions Market during the next five years.
The ground-based systems segment is expected to remain dominant in the Weather Forecasting Systems & Solutions Market in coming five years.
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