Weather Monitoring Systems Market Worth $4.49 Billion by 2030
Meticulous
Research®—a
leading global market research company, published a research report titled, ‘Weather Monitoring Systems Market by
Component (Solutions, Services), Monitoring Type (Temperature Monitoring,
Humidity Monitoring, Air Quality), End-use Industry (Agriculture, Aerospace),
and Geography—Global Forecast to 2030.’
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According
to this latest publication from Meticulous Research®,
the weather monitoring systems market is expected to reach $4.49 billion by
2030, at a CAGR of 6.1% from 2023 to 2030. The growth of this market is driven
by the rapid weather fluctuations and climate changes and the rising demand for
weather forecasting services in the agriculture industry. In addition, the
increasing adoption of sensors for weather monitoring is expected to offer
significant opportunities for the growth of this market. However, the
increasing functional issues in sensors is expected to restrain the growth of
this market.
The
weather monitoring systems market is segmented based on component, range type,
monitoring type, end-use industry, and geography. The study also evaluates
industry competitors and analyses the market at the country level.
Based
on component, the weather monitoring systems
market is segmented into solutions and services. In 2022, the solutions segment
accounted for the larger share of the weather monitoring systems market. The
large market share of this segment is attributed to factors such as the
increasing demand for weather monitoring solutions to provide accurate data in
any weather condition.
Based
on range type, the weather monitoring systems
market is segmented into short-range and long-range. In 2022, the short-range
segment accounted for the larger share of the weather monitoring systems
market. The large market share of this segment is attributed to the increasing
demand for weather monitoring solutions to provide highly accurate information
such as air quality, temperature, humidity, and wind speed in case of adverse
weather conditions to reduce the damage.
Based
on monitoring type, the weather monitoring systems
market is segmented into temperature monitoring, humidity monitoring, air
quality, pressure monitoring, and other monitoring types. In 2022, the
temperature monitoring segment accounted for the largest share of the weather
monitoring systems market. The large market share of this segment is attributed
to the increasing adoption of sensors to take temperature readings and monitor
the weather condition.
Based
on end-use industry, the weather monitoring
systems market is segmented into agriculture, transportation, media &
telecommunication, government, renewable energy, and other end-use industry. In
2022, the transportation segment accounted for the largest share of the weather
monitoring systems market. The growth of this segment is driven by the
increasing need for weather analysis and forecasting services for the
transportation industry.
Geographic
Review:
Based
on geography, the weather monitoring systems market is segmented into North
America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In 2022, Asia-Pacific accounted for the largest share of the weather monitoring
systems market. The growth of this regional market is driven by the frequent
climate changes that lead to a high risk of natural disasters in the region.
This increases the need for weather monitoring systems to forecast weather
conditions.
Key
Players:
The key players operating in
the weather monitoring systems market are Vaisala (Finland), Baron Services,
Inc. (U.S.), Aeron Systems Private Limited (India), Earth Networks (U.S.),
Boltek Lightning Detection Systems (Canada), Trafitek Solutions Private Ltd.
(India), Campbell Scientific, Inc. (U.S.), Columbia Weather Systems, Inc.
(U.S.), AnythingWeather Communications, Inc. (U.S.), Hoskin Scientific
(Canada), Airmar Technology Corporation (U.S.), Intermountain Environmental
Inc. (U.S.), Free Spirits Green Labs Private Limited (India), MORCOM
International (U.S.), and Davis Instruments (U.S.).
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Key questions answered in the report:
· Which
are the high-growth market segments in terms of component, range type,
monitoring type, end-use industry, and country?
· What
are the major drivers, restraints, and opportunities in the weather monitoring
systems market?
· Who
are the major players in the weather monitoring systems market, and what are
their market shares?
· Who
are the major players in various countries, and what are their market shares?
· How
is the competitive landscape?
· What
are the recent developments in the weather monitoring systems market?
· Who
are the local emerging players in the global weather monitoring systems market,
and how do they compete with other players?
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Us:
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