Weather Forecasting Systems Market by Vertical (Aviation, Agriculture, Renewable), Solution (Hardware: Data Loggers, Anemometers, Software: Big Data, Super Computing), Application, Forecast Type, Region - Global Forecast to 2025

Increasing demand for weather forecasting using big data analytics and rise in climate change patterns resulting in uncertainties related to rainfall are major factors expected to drive the growth of the weather forecasting systems market, globally.
The weather forecasting systems market is projected to grow from an estimated USD 2.3 billion in 2019 to USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025. The market is driven by factors, such as increasing demand for weather forecasting using big data analytics, rise in climate change patterns resulting in uncertainties related to rainfall and increased need for continuous weather monitoring to enable disaster management. Predictive analytics is helping change the future of weather forecasting. Weather scientists use big data analytics to predict future weather conditions, based on the study of the current and past data. Supercomputers are enabled with big data analytics to accurately predict life-threatening natural weather conditions.
Based on solution, the hardware segment is projected to lead the weather forecasting systems market from 2019 to 2025
Based on solution, the hardware segment is projected to lead the weather forecasting systems market from 2019 to 2025. The hardware for weather forecasting systems comprises a number of systems integrated together to sense and predict weather conditions accurately. Sensors are an integral part of the hardware of any weather forecasting system. Advancements in technologies related to sensors have resulted in the development of sensors that are small and highly energy-efficient.
Based on forecast type, the nowcast segment estimated to account for the major market share in 2019
Based on forecast type, nowcast provides detailed description of the approaching weather conditions from 0 to 6 hours in advance. It acts as a powerful tool to issue warnings about hazardous and high-impact weather conditions, such as tropical cyclones, thunderstorms, and tornadoes. It uses data obtained from various types of radars and satellites to analyze weather conditions of specific areas and make accurate weather forecasts for a few hours.


The North American region is estimated to be the largest market for weather forecasting systems in 2019
The North American region is estimated to be the largest market for weather forecasting systems in 2019. Increasing demand for weather forecasting systems from the oil & gas and aviation sectors is the key factor fueling the growth of the North America market. The US is expected to account for the largest share of the North America market in 2019.
The break-up of profiles of primary participants for the weather forecasting systems market has been given as follows:
‧ By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
‧ By Designation: C level – 35%, Director level – 25%, Others – 40%
‧ By Region: North America – 45%, Europe – 20%, Asia Pacific – 30%, and Rest of the World (RoW) – 5%
Key players in the weather forecasting systems market are The Weather Company (US), Vaisala (Finland), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), All Weather, Inc. (US), Morcom International (US), Columbia Weather Systems (US), G. Lufft Mess-und Regeltechnik (Germany), and Skye Instruments (UK), among others.
Research Coverage:
This research report categorizes the weather forecasting systems market based on solution (hardware and software), application, vertical, forecast type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report: This report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and its subsegments. The report covers the entire ecosystem of the market and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 STUDY SCOPE 22
1.3.1 MARKETS COVERED 22
1.3.2 REGIONAL SCOPE 22
1.3.3 YEARS CONSIDERED FOR THE STUDY 23
1.4 CURRENCY 23
1.5 MARKET STAKEHOLDERS 24
2 RESEARCH METHODOLOGY 25
2.1 RESEARCH DATA 25
2.1.1 SECONDARY DATA 26
2.1.1.1 Key data from secondary sources 27
2.1.2 PRIMARY DATA 27
2.1.2.1 Key data from primary sources 28
2.1.3 MARKET DEFINITION & SCOPE 28
2.1.4 SEGMENT DEFINITION & SCOPE 29
2.1.4.1 Solution 29
2.1.4.2 Application 29
2.1.4.3 Vertical 29
2.1.4.4 Forecast type 29
2.2 RESEARCH APPROACH & METHODOLOGY 29
2.2.1 APPROACH FOR GLOBAL MARKET NUMBERS 29
2.2.1.1 Weather Forecasting Systems Market Approach 29
2.2.1.2 Weather Forecasting Solutions Market Approach 30
2.2.2 BOTTOM-UP APPROACH 30
2.2.3 TOP-DOWN APPROACH 30
2.3 TRIANGULATION & VALIDATION 31
2.3.1 TRIANGULATION THROUGH SECONDARY 31
2.3.2 VALIDATION OF TRIANGULATION THROUGH PRIMARIES 31
2.4 RESEARCH ASSUMPTIONS 33
2.4.1 ASSUMPTIONS IN MARKET SIZING AND MARKET FORECASTING 33
2.5 RISK ANALYSIS 33
3 EXECUTIVE SUMMARY 34
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4 PREMIUM INSIGHTS 37
4.1 ATTRACTIVE OPPORTUNITIES IN THE WEATHER FORECASTING SYSTEMS MARKET
FROM 2019 TO 2025 37
4.2 WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION 37
4.3 WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE 38
4.4 WEATHER FORECASTING SYSTEMS MARKET, BY REGION 38
5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 39
5.2.1 DRIVERS 40
5.2.1.1 Rise in climate change patterns resulting in uncertainties
related to rainfall 40
5.2.1.2 Increased need for continuous weather monitoring to enable
disaster management 40
5.2.2 RESTRAINTS 41
5.2.2.1 Dynamic nature of atmospheric variables 41
5.2.2.2 High chances of inaccuracies 41
5.2.3 OPPORTUNITIES 41
5.2.3.1 Increasing computing capabilities of supercomputers for weather forecasting 41
5.2.3.2 Enhancing accuracy of long-range weather forecasting 42
5.2.3.3 Incorporation of high-end radars and small satellites in
weather monitoring 42
5.2.3.4 Increasing use of big data analytics in weather forecasting 43
5.2.4 CHALLENGES 43
5.2.4.1 Lack of effective automation 43
5.2.4.2 Occurrence of false weather alarms 43
5.2.4.3 Significant capital investment requirement 43
6 INDUSTRY TRENDS 44
6.1 INTRODUCTION 44
6.2 TECHNOLOGY TRENDS 44
6.2.1 DISRUPTIVE TECHNOLOGIES: IOT, AI, AND BIG DATA ANALYTICS 44
6.2.2 SUPERCOMPUTERS 44
6.2.3 COMPUTER MODELS WITH FAST PROCESSORS 45
6.2.4 EMERGENCE OF NEXT-GENERATION RADAR TECHNOLOGY 45
6.2.5 BIG WEATHER DATA ANALYSIS 45
6.2.5.1 Hadoop and MapReduce 45
6.2.6 INTELLIGENT WEATHER PREDICTING MODULES 46
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6.3 NEW WEATHER FORECASTING MODELS 46
6.3.1 HORIZONTAL WIND MODEL (HWM) 46
6.3.2 WEATHER INTERACTIVE PROCESSING SYSTEM (AWIPS) II 46
6.3.3 EVEN NEWER DYNAMICS FOR GENERAL ATMOSPHERIC MODELING (ENDGAME) 46
6.4 ARCHITECTURE OF A METEOROLOGICAL SYSTEM 47
7 WEATHER FORECASTING SYSTEMS MARKET, BY SOLUTION 48
7.1 INTRODUCTION 49
7.2 HARDWARE 50
7.2.1 HARDWARE, BY SOLUTION 50
7.2.2 BAROMETERS 50
7.2.2.1 Barometers segment projected to grow owing to its capability
of offering long-term stability 50
7.2.3 ANEMOMETERS 51
7.2.3.1 Need for accuracy in measuring the speed of airflow expected
to fuel growth of the anemometers segment 51
7.2.4 HYGROMETERS 51
7.2.4.1 Hygrometers with temperature measurement sensors improve
the accuracy of forecasts 51
7.2.5 RAIN GAUGES 51
7.2.5.1 Need for measurement of precipitation expected to boost the
growth of the rain gauges segment 51
7.2.6 THERMOMETERS 51
7.2.6.1 Different types of thermometers used for different purposes at weather stations 51
7.2.7 COMMUNICATION & DATA LOGGERS 52
7.2.7.1 Demand for detailed information about weather conditions of specific areas expected to fuel demand for communication &
data loggers 52
7.2.8 SOUNDING SYSTEMS & RADIOSONDES 52
7.2.8.1 High frequency of launching radiosondes drives the growth of
the market 52
7.2.9 WEATHER RADARS 52
7.2.9.1 Weather radars help in transmitting data to supercomputers
for analysis and forecasting 52
7.2.10 SATELLITE SENSORS 53
7.2.10.1 Need for high-resolution images for weather forecasting is expected to fuel the growth of the satellite sensors segment 53
7.2.11 OTHERS 53
7.2.11.1 Demand for measurement of wind direction & cloud base heights
is expected to boost demand for windvanes and ceilometers 53
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7.3 SOFTWARE 53
7.3.1 SOFTWARE, BY SOLUTION 54
7.3.2 DATA COLLECTION & PROCESSING SOFTWARE 54
7.3.2.1 Application of data collection & processing software in planning energy requirements during extreme conditions is expected to
drive the growth of the market 54
7.3.3 WEATHER MONITORING & DISPLAY SOFTWARE 54
7.3.3.1 Weather monitoring & display software supports a vast range of stations that provide real-time information and email notifications
of extreme weather conditions 54
7.3.4 SUPERCOMPUTING 55
7.3.4.1 Supercomputers enable the collection and storage of all
weather data 55
7.3.5 BIG DATA ANALYTICS 55
7.3.5.1 Need for decision support system for in-depth detailed analytics is expected to drive growth of the big data analytics segment during
the forecast period 55
7.3.6 OTHERS 56
7.3.6.1 Need for a robust method to predict and analyze weather data sets
is expected to boost the growth of artificial intelligence, machine learning, and time series 56
8 WEATHER FORECASTING SYSTEMS MARKET, BY APPLICATION 57
8.1 INTRODUCTION 58
8.2 WEATHER SATELLITES 59
8.2.1 NEED TO TRACK CLIMATIC CONDITIONS AND DIRECTION OF CLOUDS
IS EXPECTED TO BOOST THE GROWTH OF THE MARKET FOR WEATHER SATELLITES 59
8.3 WEATHER OBSERVING SYSTEMS 59
8.3.1 AUTOMATED WEATHER OBSERVATION SYSTEM (AWOS) IS WIDELY USED
FOR AIRPORT OR HELIPORT OPERATIONS 59
8.4 WEATHER STATIONS 60
8.4.1 AUTOMATIC WEATHER STATIONS ARE BEING INSTALLED TO ENHANCE METEOROLOGICAL OBSERVATIONAL NETWORKS ACROSS THE WORLD 60
8.5 WEATHER DRONES 60
8.5.1 NEED FOR REAL-TIME INFORMATION ABOUT HUMIDITY AND PRESSURE AT HIGH ALTITUDES EXPECTED TO BOOST THE GROWTH OF THE MARKET
FOR WEATHER DRONES 60
8.6 WEATHER BALLOONS 60
8.6.1 WEATHER BALLOONS CARRY WEATHER INSTRUMENTS THAT MEASURE TEMPERATURE, PRESSURE, HUMIDITY, AND WIND IN THE ATMOSPHERE 60
8.7 AIRBORNE LIDAR 61
8.7.1 DEMAND FOR AIRBORNE LIDAR TO BE HIGH FROM AVIATION INDUSTRY 61
8.8 OTHERS 61
8.8.1 NEED TO MONITOR INDOOR AND OUTDOOR WEATHER CONDITIONS AND FORECAST OCEANIC WEATHER IS EXPECTED TO BOOST THE GROWTH OF THE MARKET FOR DIGITAL WEATHER STATIONS AND DRIFTING BUOYS 61
9 WEATHER FORECASTING SYSTEMS MARKET, BY VERTICAL 62
9.1 INTRODUCTION 63
9.2 AGRICULTURE 64
9.2.1 DEMAND FROM FARMERS TO PLAN OPTIMAL DEVELOPMENT AND YIELD
OF CROPS IS PROJECTED TO DRIVE THE GROWTH OF THE MARKET IN AGRICULTURE 64
9.3 AVIATION 65
9.3.1 NEED TO ENSURE SAFETY OF AIR PASSENGERS AND FLIGHT CREW IS EXPECTED TO FUEL THE GROWTH OF THE MARKET IN AVIATION 65
9.4 TRANSPORTATION & LOGISTICS 65
9.4.1 DEMAND FOR METEOROLOGICAL INFORMATION FOR THE OPERATION
OF VEHICLES IS EXPECTED TO BOOST THE GROWTH OF THE MARKET IN TRANSPORTATION & LOGISTICS 65
9.5 OIL & GAS 65
9.5.1 WEATHER FORECASTING HELPS IN UNDERSTANDING OCEANIC WEATHER
TO PLAN DEPLOYMENT OF EQUIPMENT, OFFSHORE DRILLING, AND ROUTE PLANNING 65
9.6 MARINE 66
9.6.1 DEMAND FOR MARINE WEATHER FORECASTING DRIVEN BY NEED TO ANALYZE WEATHER CONDITIONS TO SAFEGUARD CREWS OF MARINE VESSELS 66
9.7 RENEWABLE ENERGY 66
9.7.1 HIGH DEPENDENCE OF RENEWABLE SOURCES ON WEATHER CONDITIONS
IS EXPECTED TO FUEL THE GROWTH OF THE MARKET IN RENEWABLE ENERGY 66
9.8 MILITARY 66
9.8.1 NEED TO RECEIVE WEATHER WARNINGS BY MILITARY TEAMS IS EXPECTED
TO DRIVE THE GROWTH OF THE MARKET 66
9.9 METEOROLOGY 67
9.9.1 METEOROLOGY IS AN IMPORTANT DATA SOURCE FOR AIR TRAFFIC MANAGEMENT SERVICES IN AVIATION 67
9.10 WEATHER SERVICE PROVIDERS 67
9.10.1 DEMAND FOR ACCURATE AND REAL-TIME WEATHER INFORMATION
FROM CONSUMERS IS HIGH 67
9.11 OTHERS 68
9.11.1 NEED FOR EFFECTIVE PLANNING AND DECISION-MAKING ARE EXPECTED
TO FUEL GROWTH OF THE MARKET FOR WEATHER FORECASTING IN OTHER VERTICALS 68
10 WEATHER FORECASTING SYSTEMS MARKET, BY FORECAST TYPE 69
10.1 INTRODUCTION 70
10.2 NOWCAST 71
10.2.1 NEED FOR DETAILED DESCRIPTION OF WEATHER CONDITIONS UP TO 6 HOURS IN ADVANCE FOR DISASTER MANAGEMENT EXPECTED TO FUEL
THE GROWTH OF THE NOWCAST SEGMENT 71
10.3 SHORT-RANGE 72
10.3.1 DEMAND FOR WEATHER FORECASTS FROM EVENT MANAGEMENT SECTOR IS EXPECTED TO DRIVE THE GROWTH OF THE SHORT-RANGE SEGMENT 72
10.4 MEDIUM-RANGE 72
10.4.1 MEDIUM-RANGE WEATHER FORECASTING TO GROW WITH INCREASING DEMAND FOR MONTHLY FORECASTS 72
10.5 EXTENDED-RANGE 72
10.5.1 HIGH INVESTMENT BY THE WORLD METEOROLOGICAL ORGANIZATION (WMO) FUELS GROWTH OF THE EXTENDED-RANGE SEGMENT 72
10.6 LONG-RANGE 73
10.6.1 NEED FOR WEATHER FORECASTS FOR LONGER PERIODS FROM WEATHER-SENSITIVE INDUSTRIES EXPECTED TO FUEL THE GROWTH OF THE LONG-RANGE SEGMENT 73
11 REGIONAL ANALYSIS 74
11.1 INTRODUCTION 75
11.2 NORTH AMERICA 76
11.2.1 US 79
11.2.1.1 Upgradation of weather forecasting systems at airports is driving
the growth of the market in the US 79
11.2.2 CANADA 81
11.2.2.1 Major companies, such as Rogers Media, which provide radio
and TV stations, are driving the growth of the market in Canada 81
11.3 EUROPE 83
11.3.1 UK 86
11.3.1.1 Development of next-generation climate and weather forecasting models is driving growth of the market in the UK 86
11.3.2 GERMANY 88
11.3.2.1 Introduction of weather satellites for climate observation is driving growth of the market in Germany 88
11.3.3 FRANCE 90
11.3.3.1 France is increasingly investing in the development of new and advanced weather forecasting systems 90
11.3.4 ITALY 91
11.3.4.1 Italy is constantly supporting the development of advanced weather forecasting technologies in the European region 91
11.3.5 SPAIN 93
11.3.5.1 Spain plans to expand its weather forecasting network during the forecast period 93
11.3.6 REST OF EUROPE 94
11.4 ASIA PACIFIC 96
11.4.1 CHINA 99
11.4.1.1 Advancements in conventional weather forecasting systems for space-based, airborne, and ground-based meteorological observations are driving the China market 99
11.4.2 INDIA 101
11.4.2.1 High-performance computer systems have led to improvements in extra-tropical weather forecasts in the past few years, which is driving the India market 101
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11.4.3 JAPAN 103
11.4.3.1 Increasing adoption of meteorological and hydrological services
for media, transportation, construction, energy, and logistics industries is driving the Japan market 103
11.4.4 AUSTRALIA 105
11.4.4.1 Development of the predictive ocean atmosphere model is driving
the Australia market 105
11.4.5 SOUTH KOREA 107
11.4.5.1 Increase in the number of weather observation stations reporting
to global telecommunication networks is driving the South Korea market 107
11.4.6 REST OF ASIA PACIFIC 108
11.5 MIDDLE EAST 110
11.5.1 UAE 112
11.5.1.1 Development of advanced weather forecasting systems is driving
the growth of the UAE market 112
11.5.2 SAUDI ARABIA 114
11.5.2.1 Development of advanced operational Weather Research and Forecasting (WRF) modeling system is driving the growth of the
Saudi Arabia market 114
11.5.3 ISRAEL 115
11.5.3.1 Increase in the adoption of advanced weather sensors for meteorological operations is driving the market in Israel 115
11.5.4 TURKEY 117
11.5.4.1 Increasing demand for weather forecasting systems from marine, renewables, and oil & gas companies is driving the growth of the market in Turkey 117
11.5.5 REST OF THE MIDDLE EAST 119
11.6 REST OF THE WORLD 120
11.6.1 LATIN AMERICA 123
11.6.1.1 Increased concerns about developing the regional atmospheric modeling system for weather forecasting drives the market 123
11.6.2 AFRICA 125
11.6.2.1 High-resolution capabilities of weather forecasting systems and disaster risk reduction are driving the Africa market 125
12 COMPETITIVE LANDSCAPE 127
12.1 INTRODUCTION 127
12.2 COMPETITIVE LEADERSHIP MAPPING 129
12.2.1 VISIONARY LEADERS 129
12.2.2 INNOVATORS 129
12.2.3 DYNAMIC DIFFERENTIATORS 129
12.2.4 EMERGING COMPANIES 129
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12.3 RANKING OF KEY PLAYERS, 2018 131
12.3.1 WINNING IMPERATIVES, BY KEY PLAYER 131
12.3.1.1 VAISALA 131
12.3.1.2 THE WEATHER COMPANY 131
12.3.1.3 ACCUWEATHER 132
12.4 COMPETITIVE SCENARIO 132
12.4.1 NEW PRODUCT LAUNCHES 132
12.4.2 CONTRACTS 135
12.4.3 ACQUISITIONS AND PARTNERSHIPS 135
13 COMPANY PROFILES 136
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 VAISALA OYJ 136
13.2 THE WEATHER COMPANY 140
13.3 ACCUWEATHER, INC. 143
13.4 METEOGROUP 144
13.5 SUTRON CORPORATION 146
13.6 RAYTHEON 148
13.7 CAMPBELL SCIENTIFIC 150
13.8 ALL WEATHER, INC 153
13.9 AIRMAR TECHNOLOGY CORPORATION 155
13.10 MORCOM INTERNATIONAL 157
13.11 MET ONE INSTRUMENTS INC. 159
13.12 G. LUFFT MESS- UND REGELTECHNIK GMBH 160
13.13 GILL INSTRUMENTS 162
13.14 HOSKIN SCIENTIFIC 164
13.15 SKYE INSTRUMENTS 166
13.16 DTN 168
13.17 CUSTOMWEATHER 172
13.18 SPEEDWELL WEATHER 176
13.19 DAVIS INSTRUMENTS 178
13.20 ENSCO 181
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 APPENDIX 184
14.1 DISCUSSION GUIDE 184
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 189
14.3 AVAILABLE CUSTOMIZATIONS 191
14.4 RELATED REPORTS 191
14.5 AUTHOR DETAILS 192