Market Overview:
The global weather forecasting equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for accurate weather forecasts for various applications such as agriculture, aviation, transportation & logistics, energy & power, marine and meteorology among others. Additionally, the growing awareness about climate change and its impact on different sectors is also driving the demand for better weather forecasting equipment. On the basis of type, barometers are expected to lead the global weather forecasting equipment market with a share of more than 30%. This can be attributed to their wide range of applications in various industries such as agriculture, aviation and transportation among others. Anemometers are also expected to witness high growth during the forecast period owing to their increasing use in wind speed measurement across different industries.
Product Definition:
Weather forecasting equipment is any device or system used to predict the weather. This can include anything from simple thermometers and barometers to more sophisticated radar systems and computer models. Weather forecasting is important because it allows people to prepare for the weather conditions that are likely to occur, which can help them avoid dangerous situations and save money on unnecessary costs.
Barometer:
A barometer is an instrument used to measure the pressure of the atmosphere. The most common types of barometers are mercury and air. A typical mercury barometer has a column of liquid mercury that is connected to a vacuum pump, which causes it to lose or gain pressure as required by adjusting the valve controlling the flow between it and the source of pressure.
Anemometer:
Anemometer is a device used to measure the wind speed. It's basically an instrument that measures the rate of air movement, which is caused by the effect of gravity on air particles. Anemometers are widely used in weather forecasting devices as they provide accurate and reliable data for forecasting purposes.
Application Insights:
The meteorology segment dominated the global weather forecasting equipment market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to factors such as an increase in number of weather stations and satellites monitoring temperature, rainfall and snowfall around the world. Moreover, a rise in disaster management activities due to increasing number of natural disasters has increased demand for advanced meteorological tools across all these application areas.
The agriculture segment is expected to witness significant growth over the forecast period owing to rising adoption of these devices among farmers worldwide for better crop yield and improved farming techniques such as precision irrigation systems based on real-time data from remote sensors or Global Positioning Systems (GPS). Furthermore, government support towards agricultural research with regard to climate change is also expected fuel industry expansion at a considerable rate during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rapid technological advancements and increasing government initiatives for weather-based disaster management. Europe accounted for a significant share of revenue in 2017 owing to early adoption of advanced technologies and instruments used for forecasting various meteorological conditions such as wind speed, direction, cloudiness, etc.
Growth Factors:
- Increasing demand for weather forecasting equipment from the aviation sector to improve flight safety
- Growing demand for weather forecasting equipment from the agriculture sector to improve crop yield
- Rising awareness about the benefits of using weather forecasting equipment among small businesses and individual consumers
- Proliferation of cloud-based services that offer weather forecasting capabilities through subscription models
- Technological advancements that result in more accurate and reliable weather forecasting equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Weather Forecasting Equipment Market Research Report
By Type
Barometer, Anemometer, Hygrometer, Rain Gauge, Thermometer, Radiometer, Scatterometer, Spectrometer, Others
By Application
Agriculture, Aviation, Transportation & Logistics, Energy & Power, Marine, Meteorology, Hydrology, Others
By Companies
Vaisala (Finland), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), Liquid Robotics (US), All Weather, Inc. (US), Morcom International, Inc. (US), Columbia Weather Systems (US), G. Lufft Mess-und Regeltechnik (Germany), Skye Instruments (UK), Vaisala (Finland)
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Weather Forecasting Equipment Market Report Segments:
The global Weather Forecasting Equipment market is segmented on the basis of:
Types
Barometer, Anemometer, Hygrometer, Rain Gauge, Thermometer, Radiometer, Scatterometer, Spectrometer, Others
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
Agriculture, Aviation, Transportation & Logistics, Energy & Power, Marine, Meteorology, Hydrology, Others
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:
- Vaisala (Finland)
- Sutron Corporation (US)
- Campbell Scientific (US)
- Airmar Technology Corporation (US)
- Liquid Robotics (US)
- All Weather, Inc. (US)
- Morcom International, Inc. (US)
- Columbia Weather Systems (US)
- G. Lufft Mess-und Regeltechnik (Germany)
- Skye Instruments (UK)
- Vaisala (Finland)
Highlights of The Weather Forecasting Equipment 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:
- Barometer
- Anemometer
- Hygrometer
- Rain Gauge
- Thermometer
- Radiometer
- Scatterometer
- Spectrometer
- Others
- By Application:
- Agriculture
- Aviation
- Transportation & Logistics
- Energy & Power
- Marine
- Meteorology
- Hydrology
- Others
- 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 Weather Forecasting Equipment 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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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?
Weather forecasting equipment is a collection of devices and techniques used to predict the weather. This includes predicting the path and intensity of storms, as well as forecasting conditions for specific times or locations.
Some of the major companies in the weather forecasting equipment market are Vaisala (Finland), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), Liquid Robotics (US), All Weather, Inc. (US), Morcom International, Inc. (US), Columbia Weather Systems (US), G. Lufft Mess-und Regeltechnik (Germany), Skye Instruments (UK), Vaisala (Finland).
The weather forecasting equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Weather Forecasting Equipment 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 Weather Forecasting Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Weather Forecasting Equipment 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 Weather Forecasting Equipment 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 Weather Forecasting Equipment Market Size & Forecast, 2020-2028 4.5.1 Weather Forecasting Equipment Market Size and Y-o-Y Growth 4.5.2 Weather Forecasting Equipment 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 Barometer
5.2.2 Anemometer
5.2.3 Hygrometer
5.2.4 Rain Gauge
5.2.5 Thermometer
5.2.6 Radiometer
5.2.7 Scatterometer
5.2.8 Spectrometer
5.2.9 Others
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 Agriculture
6.2.2 Aviation
6.2.3 Transportation & Logistics
6.2.4 Energy & Power
6.2.5 Marine
6.2.6 Meteorology
6.2.7 Hydrology
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Weather Forecasting Equipment 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 Weather Forecasting Equipment 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 Barometer
9.6.2 Anemometer
9.6.3 Hygrometer
9.6.4 Rain Gauge
9.6.5 Thermometer
9.6.6 Radiometer
9.6.7 Scatterometer
9.6.8 Spectrometer
9.6.9 Others
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 Agriculture
9.10.2 Aviation
9.10.3 Transportation & Logistics
9.10.4 Energy & Power
9.10.5 Marine
9.10.6 Meteorology
9.10.7 Hydrology
9.10.8 Others
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 Barometer
10.6.2 Anemometer
10.6.3 Hygrometer
10.6.4 Rain Gauge
10.6.5 Thermometer
10.6.6 Radiometer
10.6.7 Scatterometer
10.6.8 Spectrometer
10.6.9 Others
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 Agriculture
10.10.2 Aviation
10.10.3 Transportation & Logistics
10.10.4 Energy & Power
10.10.5 Marine
10.10.6 Meteorology
10.10.7 Hydrology
10.10.8 Others
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 Barometer
11.6.2 Anemometer
11.6.3 Hygrometer
11.6.4 Rain Gauge
11.6.5 Thermometer
11.6.6 Radiometer
11.6.7 Scatterometer
11.6.8 Spectrometer
11.6.9 Others
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 Agriculture
11.10.2 Aviation
11.10.3 Transportation & Logistics
11.10.4 Energy & Power
11.10.5 Marine
11.10.6 Meteorology
11.10.7 Hydrology
11.10.8 Others
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 Barometer
12.6.2 Anemometer
12.6.3 Hygrometer
12.6.4 Rain Gauge
12.6.5 Thermometer
12.6.6 Radiometer
12.6.7 Scatterometer
12.6.8 Spectrometer
12.6.9 Others
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 Agriculture
12.10.2 Aviation
12.10.3 Transportation & Logistics
12.10.4 Energy & Power
12.10.5 Marine
12.10.6 Meteorology
12.10.7 Hydrology
12.10.8 Others
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 Barometer
13.6.2 Anemometer
13.6.3 Hygrometer
13.6.4 Rain Gauge
13.6.5 Thermometer
13.6.6 Radiometer
13.6.7 Scatterometer
13.6.8 Spectrometer
13.6.9 Others
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 Agriculture
13.10.2 Aviation
13.10.3 Transportation & Logistics
13.10.4 Energy & Power
13.10.5 Marine
13.10.6 Meteorology
13.10.7 Hydrology
13.10.8 Others
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 Weather Forecasting Equipment Market: Competitive Dashboard
14.2 Global Weather Forecasting Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vaisala (Finland)
14.3.2 Sutron Corporation (US)
14.3.3 Campbell Scientific (US)
14.3.4 Airmar Technology Corporation (US)
14.3.5 Liquid Robotics (US)
14.3.6 All Weather, Inc. (US)
14.3.7 Morcom International, Inc. (US)
14.3.8 Columbia Weather Systems (US)
14.3.9 G. Lufft Mess-und Regeltechnik (Germany)
14.3.10 Skye Instruments (UK)
14.3.11 Vaisala (Finland)