South America Weather Monitoring System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software) and Application (Metrology, Energy & Power, Transportation, Aviation, and Others)
The weather monitoring system market in SAM is expected to grow from US$ 83.13 million in 2021 to US$ 114.97 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028.
The aviation industry is susceptible to the weather and no decision is taken without considering the weather. Pilots require real-time weather information to operate airplanes and helicopters in harsh environments to avoid accidents. The growing aviation industry with increased emphasis on new airports and upgrading the existing airports with advanced solutions, rising fleet size, increasing focus on improving safety and operational efficiency, and advancement in avionics technology is likely to create a sustainable demand for weather monitoring services and drive the market. Moreover, the increasing demand for helicopters in various applications such as emergency medical service, transportation, search and rescues, and others is creating a demand for weather monitoring systems in the aviation sector. In addition, increasing development and modernization of airports across the region will create an opportunity to deploy weather monitoring systems, further driving the market growth. Thus, the factors mentioned above are driving the SAM market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets, which will drive the weather monitoring system market growth in South America.
SAM Weather Monitoring System Market Revenue and Forecast to 2028 (US$ Million)
SAM Weather Monitoring System Market Segmentation
SAM Weather Monitoring System Market - By Component
Hardware Software SAM Weather Monitoring System Market - By Application
Metrology Energy & Power Transportation Aviation Others SAM Weather Monitoring System Market- By Country
Brazil Argentina The Rest of SAMSAM Weather Monitoring System Market-Companies Mentioned
Baron Services, Inc Boltek Lightning Detection Systems Telegrafia a.s. Vaisala
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