Weather Forecasting Systems And Solutions Market Size & Forecast Report, 2014 - 2025

The global weather forecasting system and solutions market size is expected to value at USD 4.63 billion by 2025, during the forecast period. The market is subject to witness substantial growth due to the critical demand for disaster management systems and weather monitoring systems, and the rise in rainfall uncertainties is significantly impacting agriculture growth. The key factors propelling the growth of the weather forecasting system and solutions market in recent years are a rise in the demand for high precision weather models and an increase in the use of transportation services via sea & air. Also, the growing preference towards weather forecasting systems to avoid natural disasters mainly in emerging economies across the globe is a driving factor for the weather forecasting systems market. Globally, the weather forecasting system and solutions market is predicted to grow at a CAGR of 7.1% in the forecast period providing numerous opportunities for market players to invest in research and development in the weather forecasting solutions industry.

Furthermore, the weather forecasting systems allow organizations to improve importing and exporting of goods and their distribution, storage, and shipping processes. Application of the weather forecast systems varies according to the different industry verticals such as the food delivery sector, agriculture sector, transport sector, and environmental sciences. The impact of undesired weather conditions is decisive for consistent agriculture production, for instance, heavy rains are responsible for damage of crops, whereas the decline in rainfall reduces overall agriculture production. Such critical factors are stimulating the growth of the weather forecasting solutions market. Significant initiatives undertaken by regional governments to avoid natural disasters such as tornados, tsunamis, and landslides are the key factors fueling the growth of the weather forecasting system market. Subsequently, weather forecast systems are adopted to curb air pollution by measuring air quality, which is also driving the growth of the market in recent years.

The weather forecast systems measure the content of carbon dioxide and other greenhouse gases to determine the quality of the air. Yet, the complex design associated with the weather forecast models is restricting the growth of the weather forecasting system & solutions market. Low accuracy in weather prediction systems and models leading to market deception for customers is likely to hinder market growth.

Weather forecasting allows the use of science and technology to forecast environmental conditions based on location and period. Weather forecasts are carried out by clustering large sets of quantitative data about environmental scenarios and analyzing them in real-time to monitor changes in the weather casting at specific times and locations. The applications of weather forecast models vary such as forest monitoring, agriculture, air traffic management, marine application, utility companies, and military applications. Weather forecasting is vital at present to protect against natural disasters.

Weathercasting based on the temperature and rainfall is crucial to monitor agricultural yield. The commercial application of the weather forecast system is also on the rise for the transportation and utility sector. The weather forecast can also be integrated into public services to determine the probability of rain, for users. The application of weather forecasting further extends to the commercial organization as well, mainly adopted to avoid abundant losses.

The weather forecasting system and solutions market is divided into regional market segments such as North America, Europe, Asia-Pacific, Latin America, and Africa. North America has shown major growth in recent years owing to the rise adoption of the latest technologies for accurate prediction of the weather forecast and the presence of well-established industry players. Asia-Pacific region is predicted to hold a major market share in the weather forecasting system industry with massive growth in the forecast period. Countries such as India, China, and Japan are leading the Asia-Pacific market with recent enhancement in data analytics, rise in the adoption of supercomputers to deliver higher computing capabilities, and substantial investment by numerous market players due to potential opportunities in the region results in a higher CAGR during the forecast period.

The key players in the weather forecasting systems and solutions industry are Airmar Technology Co., All-Weather Incorporations, Campbell Scientific Incorporations, Columbia Weather Systems Incorporations, Gill Instruments Ltd., and Lockheed Martin Co.

Market Segment:

Weather Forecasting System and Solutions Forecast Range Type Outlook (Revenue, USD Million, 2014 - 2025)
    • Short-Range Forecast
    • Medium-Range Forecast
    • Long-Range Forecast

Weather Forecasting System and Solutions Component Type Outlook (Revenue, USD Million, 2014 - 2025)
    • Solutions
    • Systems

Weather Forecasting System and Solutions End-Use Outlook (Revenue, USD Million, 2014 - 2025)
    • Enterprise
    • Defense & Military
    • Meteorology & Weather Service Provider

Weather Forecasting System and Solutions Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • the U.S.
        • Canada
    • Europe
        • the UK
        • Germany
    • the Asia Pacific
        • China
        • Japan
    • RoW