Global Weather Forecasting Systems Market Size, by Solution (Hardware, Software), by Application, by Vertical, by Forecast Type (Nowcast, Short-range, Medium-range, Extended-range, Long-range), and Regional Forecasts 2022-2032

Global Weather Forecasting Systems Market Size, by Solution (Hardware, Software), by Application, by Vertical, by Forecast Type (Nowcast, Short-range, Medium-range, Extended-range, Long-range), and Regional Forecasts 2022-2032


The Global Weather Forecasting Systems Market was valued at approximately USD 2.06 billion in 2023 and is projected to grow with a robust compound annual growth rate (CAGR) of 7.0% over the forecast period 2024–2032. The need for precise and reliable weather predictions has become increasingly critical across numerous industries, including aviation, agriculture, renewable energy, and military applications. The escalating demand for advanced forecasting technologies is propelled by rising environmental concerns, growing reliance on renewable energy, and the increasing frequency of extreme weather events.

Governments worldwide have been actively promoting renewable energy initiatives, with substantial investments driving the demand for accurate weather forecasting systems. For instance, as part of India’s renewable energy initiatives, investments exceeding USD 42 billion have been allocated since 2014 to strengthen energy infrastructure. Weather forecasting systems play a pivotal role in optimizing energy production by providing essential data for scheduling operations, thus enhancing efficiency and reducing risks associated with climate volatility.

Furthermore, the integration of big data analytics, machine learning, and high-performance computing into weather forecasting systems is revolutionizing the field, enabling more accurate and timely predictions. However, challenges such as the complexity of climate models and the occasional inaccuracies of predictions hinder market growth. Nevertheless, ongoing advancements in sensor technologies and predictive analytics are anticipated to alleviate these constraints over the forecast period.

Regionally, North America holds the largest market share due to the presence of major market players and advanced technological infrastructure. Meanwhile, Asia Pacific is expected to experience the highest growth, driven by stringent regulatory standards, increased investments in renewable energy, and the growing adoption of weather forecasting solutions in emerging economies like China and India.

Major market players included in this report are:
• Vaisala
• AccuWeather, Inc.
• IBM Corporation
• Lockheed Martin Corporation
• Honeywell International, Inc.
• Raytheon Company
• Campbell Scientific, Inc.
• Gill Instruments Limited
• Met One Instruments Inc.
• Airmar Technology Corp.
• Columbia Weather Systems Inc.
• Munro Instruments Limited
• Skye Instruments Limited
• All Weather, Inc. (AWI)
• Sutron

The detailed segments and sub-segment of the market are explained below:

By Solution
• Hardware
Barometers
Anemometers
Hygrometers
Rain Gauges
Thermometers
Communication & Data Loggers
Sounding Systems & Radiosondes
Others
• Software
Data Collection & Processing Software
Weather Monitoring & Display Software
Supercomputing
Big Data Analytics
Others

By Application
• Weather Satellites
• Weather Observing Systems
• Weather Stations
• Weather Drones
• Weather Balloons
• Weather LiDAR
• Weather Radar
• Others

By Forecast Type
• Nowcast
• Short-range
• Medium-range
• Extended-range
• Long-range

By Vertical
• Agriculture
• Aviation
• Renewable Energy
• Marine
• Oil & Gas
• Transport & Logistics
• Military
• Meteorology
• Weather Service Providers
• Others

By Region
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

________________________________________

Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand-side and supply-side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Global Weather Forecasting Systems Market Executive Summary
1.1. Global Weather Forecasting Systems Market Size & Forecast (2022–2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Solution
1.3.2. By Application
1.3.3. By Vertical
1.3.4. By Forecast Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Weather Forecasting Systems Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Weather Forecasting Systems Market Dynamics
3.1. Market Drivers
3.1.1. Rising adoption of renewable energy solutions
3.1.2. Growing demand for disaster preparedness systems
3.1.3. Advancements in sensor technologies and big data analytics
3.2. Market Challenges
3.2.1. Complexity in climate modeling
3.2.2. Risk of inaccurate forecasts
3.3. Market Opportunities
3.3.1. Increased investments in renewable energy infrastructure
3.3.2. Technological advancements in supercomputing and weather analytics
Chapter 4. Global Weather Forecasting Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Weather Forecasting Systems Market Size & Forecasts by Solution (2022–2032)
5.1. Hardware
5.1.1. Barometers
5.1.2. Anemometers
5.1.3. Hygrometers
5.1.4. Rain Gauges
5.1.5. Thermometers
5.1.6. Communication & Data Loggers
5.1.7. Sounding Systems & Radiosondes
5.1.8. Others
5.2. Software
5.2.1. Data Collection & Processing Software
5.2.2. Weather Monitoring & Display Software
5.2.3. Supercomputing
5.2.4. Big Data Analytics
5.2.5. Others
Chapter 6. Global Weather Forecasting Systems Market Size & Forecasts by Application (2022–2032)
6.1. Weather Satellites
6.2. Weather Observing Systems
6.3. Weather Stations
6.4. Weather Drones
6.5. Weather Balloons
6.6. Weather LiDAR
6.7. Weather Radar
6.8. Others
Chapter 7. Global Weather Forecasting Systems Market Size & Forecasts by Vertical (2022–2032)
7.1. Agriculture
7.2. Aviation
7.3. Renewable Energy
7.4. Marine
7.5. Oil & Gas
7.6. Transport & Logistics
7.7. Military
7.8. Meteorology
7.9. Weather Service Providers
7.10. Others
Chapter 8. Global Weather Forecasting Systems Market Size & Forecasts by Forecast Type (2022–2032)
8.1. Nowcast
8.2. Short-range
8.3. Medium-range
8.4. Extended-range
8.5. Long-range
Chapter 9. Global Weather Forecasting Systems Market Size & Forecasts by Region (2022–2032)
9.1. North America
9.1.1. U.S.
9.1.1.1. Solution breakdown size & forecasts, 2022–2032
9.1.1.2. Application breakdown size & forecasts, 2022–2032
9.1.1.3. Vertical breakdown size & forecasts, 2022–2032
9.1.2. Canada
9.2. Europe
9.2.1. U.K.
9.2.2. Germany
9.2.3. France
9.2.4. Spain
9.2.5. Italy
9.2.6. Rest of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. India
9.3.3. Japan
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia Pacific
9.4. Latin America
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Argentina
9.4.4. Rest of Latin America
9.5. Middle East & Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. South Africa
9.5.5. Rest of Middle East & Africa
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Vaisala
10.1.2. AccuWeather, Inc.
10.1.3. IBM Corporation
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Vaisala
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financials (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. AccuWeather, Inc.
10.3.3. IBM Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
List of Tables
TABLE 1. Global Weather Forecasting Systems Market, Report Scope
TABLE 2. Global Weather Forecasting Systems Market Estimates & Forecasts by Region, 2022–2032 (USD Billion)
TABLE 3. Global Weather Forecasting Systems Market Estimates & Forecasts by Solution, 2022–2032 (USD Billion)
TABLE 4. Global Weather Forecasting Systems Market Estimates & Forecasts by Application, 2022–2032 (USD Billion)
TABLE 5. Global Weather Forecasting Systems Market Estimates & Forecasts by Vertical, 2022–2032 (USD Billion)
TABLE 6. Global Weather Forecasting Systems Market Estimates & Forecasts by Forecast Type, 2022–2032 (USD Billion)
TABLE 7. U.S. Weather Forecasting Systems Market Size by Solution, 2022–2032 (USD Billion)
TABLE 8. Europe Weather Forecasting Systems Market Size by Vertical, 2022–2032 (USD Billion)
TABLE 9. Asia Pacific Weather Forecasting Systems Market Size by Application, 2022–2032 (USD Billion)
TABLE 10. Top Investments in Weather Forecasting Systems by Region, 2022–2032
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Research Methodology Overview
FIGURE 2. Global Weather Forecasting Systems Market, Market Dynamics
FIGURE 3. Global Weather Forecasting Systems Market, Porter’s Five Forces Analysis
FIGURE 4. Global Weather Forecasting Systems Market, PESTEL Analysis
FIGURE 5. Global Weather Forecasting Systems Market by Solution, 2022 & 2032 (USD Billion)
FIGURE 6. Global Weather Forecasting Systems Market by Application, 2022 & 2032 (USD Billion)
FIGURE 7. Regional Analysis Snapshot, 2022 & 2032 (USD Billion)
FIGURE 8. North America Weather Forecasting Systems Market Growth, 2022–2032
FIGURE 9. Asia Pacific Weather Forecasting Systems Market Growth, 2022–2032
FIGURE 10. Global Market Share Analysis by Top Companies, 2023
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings