Zion Market Research, the market research group announced the analysis report titled ‘Weather Forecasting Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024‘
Global Weather Forecasting Systems Market: Overview
To foresee the atmospheric conditions and the environmental changes a combination of science and technology is used which are known as weather forecasting. With the help of weather forecasting, quantitative data about the atmosphere for a particular location is collected. This data is then processed using various scientific techniques to predict the changes in the climate and the environment. Different types of weather forecasting techniques are available in the market which consists of various components such as sensors, computing systems, communication devices, and software. These systems are used for the purpose of collecting the atmospheric data, processing it and interpreting information to the various channels across the globe. The weather warnings were given help in protecting the life and property.
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Global Weather Forecasting Systems Market: Segmentation
The global weather forecasting systems market is segmented into end user, component, equipment, system type, forecast type, and geography. Based on the end user, the market is segregated into aviation, energy, military, agriculture, marine, and transportation. On the basis of the component, the market is categorized into data loggers, software, sensors and hardware. Based on the equipment the weather forecasting market is divided into the barometer, hygrometer, thermometer, weather balloons, anemometer, rain gauge, and psychrometer. On the basis of the system type, the market is bifurcated into weather satellite systems, weather station, radiosondes, weather radar and sounding systems. Based on the forecast type the market is categorized into the normal range, medium range, short range and long range. Region wise the weather forecasting market is diversified into regions such as North America, Asia-Pacific, Europe and Rest of the World.
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Global Weather Forecasting Systems Market: Growth Factors
Any undesired climatic change cause huge damages to the life and property and thus the safety and security concerns are rising thus fueling the market growth. The prediction is done by these weather forecasting systems if reliable can help to take preventive measures against pollution, ecological catastrophes, and natural disasters. The weather forecasting systems have gained a momentum in the military applications as they need constant updates on the weather and the air traffic control. The continuous technological advancements that are made in the weather forecasting systems to predict the accurate changes in the atmosphere are fueling the growth of the market. The challenge that the market is facing is the system complexity. The working of the systems are very complex and requires well-trained professionals to operate them.
Global Weather Forecasting Systems Market: Regional Analysis
The region that is dominating the weather forecasting systems market is the North American region. This growth is attributed to the continuous improvements that are made in the weather stations and the weather satellites. In the US there are 12 commercial weather stations and 18 weather satellites. The Asia Pacific region is also contributing to the market growth. The factors that contribute to this growth include the rapid increase in the transportation sector in the countries such as India and China and the rapid industrialization. The regions such as Latin America and the Middle East and Africa also offer huge opportunities for the market players to make investments in the market.
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Global Weather Forecasting Systems Market: Competitive Players
The key market players in the weather forecasting systems market include Vaisala Oyj, Campbell Scientific, Inc., Sutron Corporation, Liquid Robotics, Inc., All Weather, Inc., Columbia Weather Systems, Inc., Airmar Technology Corporation, Lockheed Martin, Morcom International, Inc. and Skye Instruments Ltd.
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