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Global Weather Monitoring System Market Size By Product(Temperature, Humidity, Rainfall, and Wind Speed and Direction), By Application(Transport, Agriculture, Aerospace, Marine), By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Weather Monitoring System Market Size By Product(Temperature, Humidity, Rainfall, and Wind Speed and Direction), By Application(Transport, Agriculture, Aerospace, Marine), By Geographic Scope And Forecast

Weather Monitoring System Market Size And Forecast

Weather Monitoring System Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

Demand for weather forecasting services in modern-day agriculture is driving the growth of the Weather Monitoring System Market. The increasing adoption of renewable energy sources rising the demand for weather monitoring systems. The increased need for continuous weather monitoring to enable disaster management is fueling the growth of the Weather Monitoring System Market. The Global Weather Monitoring System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Weather Monitoring System Market Definition

Weather monitoring plays an important role in human life, hence the collection of information about the temporal dynamics of weather changes is very essential. A weather monitoring system deals with detecting and gathering various weather parameters at different locations so that can be analyzed or used for weather forecasting. Remotely monitoring of environmental parameters is important in a variety of applications and industrial processes. In earlier periods weather monitoring systems are primarily based on mechanical, electromechanical instruments which suffer from the drawbacks like poor rigidity, the requirement of human intervention, associated parallax errors, and durability The Internet of Things (IoT) and cloud technologies are used to fulfill the system’s aim.

The concept behind the internet of things is to connect a device to the internet as well as other connected devices. The information from the IoT device may be easily transferred to the cloud, and then from the cloud to the end-user, using the Internet. Weather monitoring is an important practical use of the Internet of Things concept. It involves sensing and recording various weather parameters and utilizing them for alarms, sending notifications, adjusting appliances accordingly, and long-term analysis. According to the monitoring systems can provide self-protection to our environment such as protecting public health from pollution or at least lowering the effects of pollution on the public. It will send us a notification whenever the temperature falls below or rises over usual. It will also notify you if it is raining.

Global Weather Monitoring System Market Overview

Demand for weather forecasting services in modern-day agriculture is driving the growth of the Weather Monitoring System Market. Agriculture is mainly dependent on seasons and the weather. When it comes to the farming of various fruits, vegetables, and pulses, taking into consideration atmospheric conditions, including temperature, is essential. In agriculture, weather plays a vital role, and reliable weather-based information is essential for crop production. Weather and climate risk management has become even more important in agriculture in recent years as a result of climate change. It is clear that to feed the increasing population, the demand for agricultural products has increased significantly.

Simultaneously, the need for agriculture management has increased which requires proper planning based upon the climatic situations. Increasing adoption of renewable energy sources driving the demand for weather monitoring systems. Governments all over the globe have recently introduced programs to increase the capacity and output of renewable energy as an alternative to fossil fuels in order to meet the world’s fast-expanding energy demand without hampering the environment or causing catastrophic climate change. To encourage the use of renewable energy, the administration has begun offering grants and tax incentives, as well as formulating a variety of additional benefits.

However, the dynamic nature of atmospheric variables enhancing the complexity of weather forecasting models are restraining the market expansion. The majority of atmospheric phenomena studied in weather forecasting procedures are non-linear and highly reliant on weather conditions. Although various phenomena may be anticipated based on a thorough understanding of a numerical weather forecasting model’s beginning circumstances, weather conditions are dynamic in nature and fluctuate owing to changes in several atmospheric variables. In addition to the intrinsic non-linearity of weather data acquired by various weather forecasting technologies, such as weather stations, weather monitoring systems, and weather radars, this makes the process of weather forecasting extremely complex.

Furthermore, the incorporation of sophisticated radars and small satellites for weather monitoring provides lucrative growth opportunities for the Weather Monitoring System Market. Researchers and engineers are constantly engaged in cutting-edge R&D to develop sophisticated weather forecasting equipment, including state-of-the-art radars, satellites, and supercomputers, to improve the accuracy of weather forecasting systems and increase their climate change sensing capabilities. For example, the National Weather Service (US) has modified the Doppler radar using dual-polarization technology to improve the accuracy of weather forecasts for a particular location. Forecasters have indeed been aware of the different types and amounts of precipitation as a result of this.

Global Weather Monitoring System Market Segmentation Analysis

The Global Weather Monitoring System Market is segmented on the basis of Product, Application, and Geography.

Weather Monitoring System Market, By Product

  • Temperature
  • Humidity
  • Rainfall
  • Wind Speed and Direction

Based on Product, the market is segmented into Temperature, Humidity, Rainfall, and Wind Speed and Direction. The design and implementation of a weather monitoring & controlling system is the model with the ability to perform data collection on temperature, humidity, rainfall, and Wind Speed and Direction accelerometer sensors attached.

Weather Monitoring System Market, By Application

  • Transport
  • Agriculture
  • Aerospace
  • Marine
  • Other

Based on Application, the market is segmented into Transport, Agriculture, Aerospace, Marine, and Other. Agriculture is mainly dependent on seasons and the weather. When it comes to the farming of various crops, taking into consideration atmospheric conditions, including temperature, is essential. Owing to increased demand in aerospace applications such as continuous weather updates and air traffic control, the market for weather forecasting systems has gained traction.

Weather Monitoring System Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Regional Analysis, the Global Weather Monitoring System Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific market is estimated to lead the Weather Monitoring System Market in the forecast period. The increase in focus on expanding investments in weather forecasting systems technologies by nations in this area is driving the growth of the Asia Pacific Weather Monitoring System Market. Furthermore, regional economies have undertaken a number of projects linked to the generation of sustainable and renewable energy in order to safeguard the environment and avoid future energy crises.

Key Players

The “Global Weather Monitoring System Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Aeroqual, 3M, Honeywell, Thermo Fisher, Horiba, Environnement SA, TSI Inc., Ecotech, FPI, SDL, UNIVERSTAR, and SAIL HERO.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In July 2021, A non-profit organization dedicated to enhancing the environmental sustainability of scientific research, My Green Lab, and Thermo Fisher Scientific Inc., the world leader in providing services to science, announced a collaboration.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

KEY COMPANIES PROFILED

Aeroqual, 3M, Honeywell, Thermo Fisher, Horiba, Environnement SA, TSI Inc., Ecotech, FPI, SDL, UNIVERSTAR.

SEGMENTS COVERED
  • By Product
  • By Application
  • By Geography
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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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