Weather Services and Smart Cities: Enhancing Urban Planning and Safety
Global Weather Monitoring Solutions and Services Market is expected to reach US$ 3.55 Bn. by 2027 at a CAGR of 5.22 during the forecast period.
The Global Weather Monitoring Solutions and Services Market report provides insights into the industry, its dynamics, and key players. Here are the key highlights from the report:
Market Overview:
- The global Weather Monitoring Solutions and Services Market is expected to reach US$ 3.55 billion by 2027.
- It is projected to grow at a CAGR of 5.22% during the forecast period.
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Market Dynamics:
- Weather monitoring solutions and services involve high-tech instruments used to predict weather phenomena in a particular area.
- The market is driven by technological advancements in weather monitoring instruments, the need for innovative data analytical models, and increased application areas among end-users.
- Increased weather fluctuations causing damage to life and property also contribute to market growth.
- However, sensor issues in rugged environments may hamper market growth.
- Opportunities include cost reduction in maintenance operations, increased air traffic, and greater awareness of forecasting solutions.
Segment Analysis:
- End-user segments include Transportation & Logistics, Government, Meteorology, Broadcast and Telecommunications, Energy & Utilities, Renewable Energy, Agriculture & Fisheries, and Others (Hydrology, Weather Service Providers, etc.).
- Transportation & Logistics is expected to grow at a significant CAGR due to the adoption of weather prediction models in transportation.
- Geographically, North America holds a significant market share, especially due to a large number of airports.
- Asia Pacific is expected to have the highest CAGR due to the region's vulnerability to natural disasters and frequent climate changes.
- The agricultural industry in Asia Pacific is a major adopter of weather monitoring solutions.
- Europe is expected to grow at a moderate CAGR due to investments in R&D.
- The Middle East & Africa and South America are expected to expand moderately.
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Key Players
• Vaisala Oyj
• Campbell Scientific, Inc.
• Met One Instruments Inc.
• The Weather Company
• Earth Networks, Inc.
• Accuweather, Inc.
• Anything Weather
• Intermountain Environmental Inc.
• Baron Services, Inc.
• GLOBAL WEATHER CORPORATION
• Climatronics Corporation
• Coastal Environmental Systems, Inc.
• Columbia Weather Systems, Inc.
• Nvis Technologies
• IBM Corporation
• Ecotech
• Sutron
• Raytheon Company.
• Airmar Technology Corp.
• MORCOM International
• Gill Instruments Limited.
• Hoskin Scientific
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Key Players:
- Key players in the Global Weather Monitoring Solutions and Services Market include Vaisala Oyj, Campbell Scientific, Inc., Met One Instruments Inc., The Weather Company, Earth Networks, Inc., and more.
Recent Developments:
- Vaisala Oyj entered into an agreement to deliver an automated weather observation system to 31 airports in Argentina in March 2018.
The report aims to provide a comprehensive analysis of the Global Weather Monitoring Solutions and Services Market by presenting past and current industry status, market size, and trends. It covers various aspects of the industry and offers insights into key players, market segments, and their strategies.
The report will be useful for decision-makers, investors, and stakeholders looking to understand the dynamics and potential of the weather monitoring solutions and services market. It also includes competitive analysis, growth strategies, and regional presence of key players in the industry.
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