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The global weather information technologies market grew at a CAGR of around 7% during 2015-2020. Weather information technologies predict atmospheric conditions effectively using complex scientific equipment and transports. They collect data using ships, airplanes, satellites, dropsondes, Doppler radars, and weather stations and buoys, which is channeled to supercomputers for generating and broadcasting severe weather advisories and providing alerts through the media or emergency systems. At present, the introduction of advanced forecast systems and rapid communication networks has enabled meteorologists to collect additional data, make faster predictions and improve public weather services.
A significant rise in air traffic represents one of the key factors escalating the demand for weather information technologies to provide accurate weather forecasts and avoid plane crashes. Additionally, they deliver preflight weather briefs and resource protection services in real-time for military aircraft. Apart from this, the increasing use of waterways for commercial and recreational purposes is increasing the demand for weather information technologies as they efficiently transmit detailed weather forecasts to vessel pilots, influencing marine transit safety. The growing focus on disaster management by governing agencies of numerous countries is further impacting the market growth. Moreover, the introduction of advanced radar remote-sensing systems is promoting the application of weather information technologies in the day-to-day planning of farm activities. They can also be utilized to predict and trade stocks in the agriculture commodity market. Furthermore, several utility companies are increasingly relying on weather forecasts to produce additional supplies during high demand and restrict them throughout blackouts, which is anticipated to strengthen the market growth. Looking forward, IMARC Group expects the global weather information technologies market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global weather information technologies market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, forecast range, application and end use.
Breakup by Component:
Breakup by Forecast Range:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being All Weather Inc., Campbell Scientific Inc., Columbia Weather Systems Inc., General Acoustics e.K., Gill Instruments Limited, International Business Machines Corporation, Lockheed Martin Corporation, Met One Instruments Inc., Morcom International Inc., Skye Instruments Limited, Sutron Corporation (Danaher Corporation) and Vaisala Oyj.
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