Market Overview:
The global aviation weather forecasting services market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for accurate and timely aviation weather forecasts for both civil and military aviation applications. The short-term forecast segment is expected to account for the largest share of the global aviation weather forecasting services market in 2018, followed by the medium-term forecast and long-term forecast segments. The North America region is expected to dominate the global aviation weather forecasting services market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Aviation weather forecasting services are used to provide information about the weather conditions that will affect aviation. This information is used to help pilots plan their flights and make decisions about whether or not to fly in specific weather conditions. The importance of aviation weather forecasting services is that they help keep people safe by providing accurate information about the risks associated with flying in different types of weather.
Short-term Forecast:
Short-term forecast is a technique of weather forecasting in which the forecaster makes several predictions about the weather for a particular location over the next few days. The short-term forecast is used by pilots to decide whether or not it's safe to fly. Short-term forecasts are also used by meteorologists and climatologists for understanding climate dynamics at regional and global levels, respectively.
Medium-term Forecast:
The global medium-term forecast is a tool that helps in analyzing the upcoming conditions and their possible outcomes. It provides information about the current state as well as future trends pertaining to key variables such as air temperature, dew point, atmospheric pressure, and wind speed & direction. The aviation weather forecasting services market majorly relies on these forecasts for making accurate predictions regarding flight delays or cancellations.
Application Insights:
The civil aviation segment dominated the market in 2017 and is expected to maintain its lead over the forecast period. The growth of this segment can be attributed to factors such as increasing air traffic, rise in disposable income, and rapid urbanization. Furthermore, governments around the world are making efforts to improve passenger safety by deploying advanced weather forecasting systems for civil aviation. For instance, according to a recent study published by CAPA Centre for Aviation, 72% of European governments have invested in long-range weather forecasts for commercial aircrafts while 57%of Asian governments have done so as well.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The growth can be attributed to the presence of key aviation weather service providers such as AccuWeather, Inc.; Digital Weather Systems, LLC; and SkyVector, Inc. These companies are engaged in providing real-time & long-term forecast for civil and military aviation across North America. Moreover, these companies offer advanced solutions such as automated airport surveillance systems (ASIST) that provide pilots with pre-flight information about approach and departure procedures along with runway details at airports across North America.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand for air travel across emerging economies including China and India on account of rising population coupled with rapid development resulting into increased number of commercial flights at various airports within these countries over the next eight years from 2018 to 2030 (estimated CAGR 5% between 2018 & 2030).
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for aviation weather forecasting services in the coming years.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) has made air travel more affordable and accessible to a larger segment of the population. This is also expected to boost the demand for aviation weather forecasting services in the near future.
- Expansion of airports and increase in flight operations: The expansion of airports across different regions and an increase in flight operations are leading to an increase in demand for aviation weather forecasting services worldwide.
- Emergence of new technologies: Advancements in technology are helping service providers offer better quality forecasts, which is resulting in an increased uptake of these services by airlines and other stakeholders involved in the aviation sector.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Weather Forecasting Services Market Research Report
By Type
Short-term Forecast, Medium-term Forecast, Long-term Forecast
By Application
Civil Aviation, Military Aviation
By Companies
Universal Weather and Aviation, Rockwell Collins, The Weather Company (IBM), UBIMET, Jeppesen, World Fuel-Colt, Panasonic Weather Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Weather Forecasting Services Market Report Segments:
The global Aviation Weather Forecasting Services market is segmented on the basis of:
Types
Short-term Forecast, Medium-term Forecast, Long-term Forecast
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Aviation, Military Aviation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Universal Weather and Aviation
- Rockwell Collins
- The Weather Company (IBM)
- UBIMET
- Jeppesen
- World Fuel-Colt
- Panasonic Weather Solutions
Highlights of The Aviation Weather Forecasting Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Short-term Forecast
- Medium-term Forecast
- Long-term Forecast
- By Application:
- Civil Aviation
- Military Aviation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aviation Weather Forecasting Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aviation weather forecasting services are a type of meteorological service that provide forecasts for aviation purposes. These forecasts can include information about wind speeds, direction, and temperature; as well as information about potential turbulence in the air.
Some of the major players in the aviation weather forecasting services market are Universal Weather and Aviation, Rockwell Collins, The Weather Company (IBM), UBIMET, Jeppesen, World Fuel-Colt, Panasonic Weather Solutions.
The aviation weather forecasting services market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Weather Forecasting Services Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aviation Weather Forecasting Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aviation Weather Forecasting Services Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aviation Weather Forecasting Services Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aviation Weather Forecasting Services Market Size & Forecast, 2020-2028 4.5.1 Aviation Weather Forecasting Services Market Size and Y-o-Y Growth 4.5.2 Aviation Weather Forecasting Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Short-term Forecast
5.2.2 Medium-term Forecast
5.2.3 Long-term Forecast
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Civil Aviation
6.2.2 Military Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Weather Forecasting Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation Weather Forecasting Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Short-term Forecast
9.6.2 Medium-term Forecast
9.6.3 Long-term Forecast
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Civil Aviation
9.10.2 Military Aviation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Short-term Forecast
10.6.2 Medium-term Forecast
10.6.3 Long-term Forecast
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Civil Aviation
10.10.2 Military Aviation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Short-term Forecast
11.6.2 Medium-term Forecast
11.6.3 Long-term Forecast
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Civil Aviation
11.10.2 Military Aviation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Short-term Forecast
12.6.2 Medium-term Forecast
12.6.3 Long-term Forecast
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Civil Aviation
12.10.2 Military Aviation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Short-term Forecast
13.6.2 Medium-term Forecast
13.6.3 Long-term Forecast
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Civil Aviation
13.10.2 Military Aviation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation Weather Forecasting Services Market: Competitive Dashboard
14.2 Global Aviation Weather Forecasting Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Universal Weather and Aviation
14.3.2 Rockwell Collins
14.3.3 The Weather Company (IBM)
14.3.4 UBIMET
14.3.5 Jeppesen
14.3.6 World Fuel-Colt
14.3.7 Panasonic Weather Solutions