Weather forecasting system (device/equipment) market size, demand & global opportunity analysis outlook 2021

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Global Weather Forecasting System Market
Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021

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Global Weather Forecasting System Market
Overview
Natural calamities such as storms, cloud bursts, etc., have
always been a major concern in-front of the world.
Weather forecasting is a tool which helps to foresee the
environmental and atmospheric conditions of a particular
region.
The global weather forecasting system market is
envisioned to escalate from USD 1.5 Billion in 2015 to
reach USD 2.2 Billion in 2021, registering a compound
annual growth rate (CAGR) of 7.0%. Geographically, the
global gigabit Wi-Fi market is segmented into North
America, Latin America, Western and Eastern Europe,
Asia-Pacific, Middle East and North Africa (MENA) and
Rest of World.
Market Segmentation
 By End Users
The global weather forecasting system market is
segmented based on end users into agriculture, aviation,
marine, energy, military and transportation.
 By Component
On the basis of components, the global weather forecasting
system market is divided into data software, hardware,
data loggers and sensors.

 By Equipment
Based on equipment, the global weather forecasting
systems market is segmented into anemometer,
hygrometer, barometer, sling psychrometer, thermometer,
rain gauge and weather balloons.
 By System Type
Based on system type, the global weather forecasting
system market is segmented into weather radar, weather
satellite systems, sounding systems, weather station and
radiosondes.
 By Forecast Type
Global weather forecasting system market is segmented on
the basis of forecast type into normal range, short range,
medium range and long range.
Growth Drivers and Challenges
Expansion of the global weather forecasting system market
is expected to get sparked from some of the major factors
including increase in travel via air and sea, growing safety
concerns, and unpredictability in rainfall.
In addition to that, strengthening economy of some of the
developing economies is also anticipated to augment the
growth of global weather forecasting system market in
future.

However, higher equipment cost along with complexity of
weather forecasting procedures is likely to dampen the
growth of global weather forecasting system market over
the forecast period i.e. 2015-2021.
Market Size and Forecast
At present, North America holds the top rank in global
weather forecasting systems market followed by Europe.
Asia-Pacific weather forecasting system market is
anticipated to witness the highest compound annual
growth rate (CAGR) of 7.5% over the forecast period i.e.
2015-2021. The market in the region is likely to thrive
from rapid growth in transportation in some of the major
countries such as India and China. In addition to that,
dependency on rainfall for an agrarian economy i.e. India
is also believed to soar the demand of an efficient weather
forecasting system in Asia-Pacific region in coming 4-5
years.
Key Players
Global weather forecasting system market is very
competitive and includes some of the top players such as
Campbell Scientific, Inc., Vaisala Oyj, Airmar Technology
Corporation, Columbia Weather Systems, Morcom
International, Inc., All Weather, Inc., Inc., Thales S.A., etc.

Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
 North America (U.S., Canada)
 Latin America (Mexico, Brazil, Rest of Latin America)
 Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
 Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
 Rest of World
Segmentation
 By End Users
 By Component
 By Equipment
 By System Type
 By Forecast Type
 By Geography
Market Dynamics
Supply & Demand Risk
Competitive Landscape

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Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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http://www.researchnester.com/reports/global-weather-
forecasting-system-market-analysis-opportunity-outlook-
2021/113

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Weather forecasting system (device/equipment) market size, demand & global opportunity analysis outlook 2021

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Weather forecasting system (device/equipment) market size, demand & global opportunity analysis outlook 2021