The weather monitoring system market is expected to grow from US$ 1,746.47 million in 2021 to US$ 2,932.92 million by 2028. It is estimated to grow at a CAGR of 7.7% during 2021–2028.
The increasing deployment of solar and wind plants globally due to the wide adoption of renewable energy is further driving the weather monitoring system market. The energy & power sector significantly depends on weather and climate variability. The energy & power sector has diverse requirements for meteorological services to support decision-making for both day-to-day operations and longer-term strategic planning. The weather monitoring system measures real-time data, such as air pressure, humidity, temperature, and wind speed, in the energy & power sector. The weather monitoring system is one of the most crucial instruments installed in energy plants and solar PV power plants.
Furthermore, the increasing development and modernization of airports worldwide are expected to create a lucrative opportunity for monitoring system manufacturers in the years to come. For instance, in 2020, the Bengaluru-based CSIR-National Aerospace Laboratories (NAL) developed the aviation weather monitoring system. In 2021, China built 30 airports in Tibet and Xinjiang provinces. The Department of Infrastructure and Regional Development constructed an airport in New South Wales, Australia, the same year. Thus, these factors are driving the weather monitoring system market.
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Weather Monitoring System Market: Strategic Insights
Market Size Value in US$ 1,746.47 million in 2021 Market Size Value by US$ 2,932.92 million by 2028 Growth rate CAGR of 7.7% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Weather Monitoring System Market: Strategic Insights
Market Size Value in US$ 1,746.47 million in 2021 Market Size Value by US$ 2,932.92 million by 2028 Growth rate CAGR of 7.7% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Weather Monitoring System Market: Strategic Insights
| Market Size Value in | US$ 1,746.47 million in 2021 |
| Market Size Value by | US$ 2,932.92 million by 2028 |
| Growth rate | CAGR of 7.7% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on the Weather Monitoring System
Market
As per the World Meteorological Organization (WMO), the COVID-19 pandemic is hindering the quality and quantity of weather observations, forecasts, as well as atmospheric and climate monitoring. Meteorological measurements taken from aircraft have indeed dropped by an average 75–80 % compared to normal. The COVID-19 pandemic has posed unprecedented challenges globally and has had a significant impact on the international air transport sector. However, from mid-2021, the government of various regions have resumed air transportation that lead to increasing e-commerce business and transportation & logistics business, which would propel the demand for weather monitoring systems during the forecast period.
Lucrative Regions for Wind Turbine Condition Monitoring Market
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Wind Turbine Condition Monitoring Market Insights
Deployment of Wind Turbines and Solar Panels to Generate Renewable Energy
Governments worldwide have initiated various renewable energy generation projects to satiate the demand for energy without hindering the environment. Wind turbines and solar panels are the primary sources of generating renewable energies. Weather monitoring systems are used for high accuracy measurement of radiation, wind speed, wind direction, air temperature, humidity, module temperature, soiling, and other parameters for generating wind energy. In addition, the weather monitoring system is also used in solar plants as photovoltaic (PV). System performance depends on the quality of the system and weather. As weather is variable, the photovoltaic system's output changes, and the solar radiation data affects the PV system's performance. Rising solar panels and wind turbines have propelled the weather monitoring system market. For example, The European Union has set ambitious CO2 reduction targets, stimulating renewable energy production and accelerating offshore wind energy deployment in the North Sea.
Additionally, China installed the world's largest solar capacity in 2019, totaling 205 GW. The US had the world's second-largest installed solar capacity in 2019, totaling 76 GW and producing 93.1 TWh of electricity. Thus, the increasing deployment of wind turbines and solar panels is creating a lucrative opportunity in the weather monitoring system market as the energy generation by solar and wind power plants depend on atmospheric conditions.
Component-Based Market Insights
Based on component, the weather monitoring system market is segmented as hardware and software. The hardware segment led the weather monitoring system market with a market share of 83.1% in 2020. The common hardware components used in weather monitoring systems are the anemometer, wind vane, pressure sensor, thermometer, hygrometer, rain gauge, and others. Meteorologists and hydrologists use the rain gauge to measure the amount of liquid precipitation over an area in a predefined area over a while. The advancement and development of the hardware component used in the weather monitoring system will allow the market player to enhance their weather monitoring system by using these advanced products, driving the weather monitoring system market. For instance, in 2021, Rohm has launched waterproof barometric pressure sensors based on a piezoresistive MEMS technology that is resistant to external disturbances.
Players operating in the weather monitoring system market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2020, Vaisala launched its Automatic Weather Station AWS810 to empower communities worldwide to keep citizens safe and secure.
- In 2021, Baron has been contracted by Zimbabwe’s Meteorological Services Department to provide five new weather radars to help improve public safety.
The global weather monitoring system market is analyzed on the basis of component and application. Based on component, the weather monitoring system market is segmented into hardware and software. Based on application, the weather monitoring system market is segmented as metrology, energy & power, transportation, aviation, and others.
Baron Services, inc.; Aeron Systems Private Limited; NVIS Technologies PVT. Ltd.; Logics POWERAMR; Boltek; Free Spirits Green Labs Private Limited; Telegrafia A.S.; Trinity Touch; Vaisala; and Trafitek are the key market players considered for the research study. In addition, several other significant weather monitoring system market players have been studied and analyzed in this research report to get a holistic view of the global weather monitoring system market and its ecosystem.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The key stakeholders in the weather monitoring system market include component providers, weather monitoring system providers, and end users. In recent years, the demand for weather monitoring systems especially in the aviation and energy and power industry has been growing at an impressive pace owing to the rising of various airports and the increasing deployment of solar and wind plants.
The study of atmospheric phenomena in weather forecasting processes is highly dependent on the initial weather conditions of specific areas. The prediction is totally based on the weather conditions, which vary according to changes in several atmospheric variables. This leads to inaccurate predictions and causes aviation accidents, disasters, and others, hindering the market growth. For instance, in 2018, in Kerala, the inadequacy of a weather monitoring system was exposed during a devastating flood. Later the Kerala government approached the Ministry of Home Affairs and the National Disaster Management Authority to replace the weather monitoring system. Thus, the inaccuracy occurred by the weather monitoring system due to the variable nature of weather is acting as restrain for the market.
Airport authorities are investing significantly in the modernization of airports across North America, which is creating lucrative business opportunities for the weather monitoring system market players. Moreover, with the increasing focus on reducing carbon emissions, the governments in the region are emphasizing clean energy, owing to which deployment of solar and power plants will increase. Thus, this will drive the demand for weather monitoring systems in the solar and power plant. For instance, in March 2021, the US government announced to become carbon neutral by 2050. Also, Canada plans to be carbon neutral by 2050. The deployment of solar and wind power projects is gaining significant traction across the region due to various initiatives taken by the North American governments.
Based on end-user industries for the weather monitoring system market include agriculture, transportation and logistics, aviation, energy and power, and others. Weather monitoring systems are being actively used in the aviation and energy and power sectors. The growing demand for weather monitoring systems for reducing weather hazard activities and increasing usage in the aviation industry is anticipated to boost the growth of the global weather monitoring system market during the forecast period of 2021 to 2028.
The weather monitoring system (WMS) is one of the most crucial instruments installed in solar PV power plants. A weather monitoring station can be immensely helpful in monitoring the efficiency and performance of any solar power plant. The demand for weather monitoring systems is increasing due to the rising deployment of solar panels and wind turbines. For example, The European Union has set ambitious CO2 reduction targets, stimulating renewable energy production and accelerating offshore wind energy deployment in the North Sea. This increasing demand for carbon-neutral energy production has fostered the rapid deployment of offshore wind farms (OWFs). Thus, the increasing deployment of wind turbines and solar panels is creating a lucrative opportunity in the weather monitoring system market as solar and wind power plants' energy generation depends on atmospheric conditions.
The increasing deployment of solar and wind plants globally due to the wide adoption of renewable energy is further driving the market growth. The energy & power sector significantly depends on weather and climate variability. The energy & power sector has diverse requirements for meteorological services to support decision-making for both day-to-day operations and longer-term strategic planning. The weather monitoring system measures real-time data such as air pressure, humidity, and temperature, wind speed in the energy & power sector. The weather monitoring system is one of the most crucial instruments installed in energy plants and solar PV power plants. Furthermore, the increasing development and modernization of airports worldwide will create an opportunity to deploy weather monitoring systems. For instance, in 2020, in India, Bengaluru-based CSIR-National Aerospace Laboratories (NAL) developed the aviation weather monitoring system. For instance, in 2021, China built 30 airports in Tibet and Xinjiang provinces. In 2021, the Department of Infrastructure and Regional Development, through Western Sydney Airport Ltd, constructed an airport in New South Wales, Australia.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Weather Monitoring System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
5. Weather Monitoring System Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Facial Recognition Solutions in Aviation Industry
5.1.2 Using Weather Forecasting to Enable Disaster Management
5.2 Market Restraints
5.2.1 Complexity of Weather Forecasting Systems
5.3 Market Opportunities
5.3.1 Deployment of Wind Turbines & Solar Panels to Generate Renewable Energy
5.4 Future Trends
5.4.1 Increasing Penetration of IoT-based WMS
5.5 Impact Analysis of Drivers and Restraints
6. Weather Monitoring System Market – Global Market Analysis
6.1 Weather Monitoring System Market Overview
6.2 Weather Monitoring System Market Revenue Forecast and Analysis
6.3 Weather Monitoring System Market Volume Forecast and Analysis
6.4 Market Positioning – Global Key Players
7. Weather Monitoring System Market Analysis – By Component
7.1 Overview
7.2 Weather Monitoring System Market, By Component (2020 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
8. Weather Monitoring System Market Analysis – By Application
8.1 Overview
8.2 Weather Monitoring System Market, By Application (2020 and 2028)
8.3 Meteorology
8.3.1 Overview
8.3.2 Meteorology: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Energy and Power
8.4.1 Overview
8.4.2 Energy and Power: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Transportation
8.5.1 Overview
8.5.2 Transportation: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Aviation
8.6.1 Overview
8.6.2 Aviation: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9. Weather Monitoring System Market – Geographic Analysis
9.1 Overview
9.2 North America: Weather Monitoring System Market
9.2.1 North America: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Weather Monitoring System Market, by Component
9.2.3 North America: Weather Monitoring System Market, by Application
9.2.4 North America: Weather Monitoring System Market, by Key Country
9.2.4.1 US: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Weather Monitoring System Market, by Component
9.2.4.1.2 US: Weather Monitoring System Market, by Application
9.2.4.2 Canada: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Weather Monitoring System Market, by Component
9.2.4.2.2 Canada: Weather Monitoring System Market, by Application
9.2.4.3 Mexico: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Weather Monitoring System Market, by Component
9.2.4.3.2 Mexico: Weather Monitoring System Market, by Application
9.3 Europe: Weather Monitoring System Market
9.3.1 Europe: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Weather Monitoring System Market, by Component
9.3.3 Europe: Weather Monitoring System Market, by Application
9.3.4 Europe: Weather Monitoring System Market, by Key Country
9.3.4.1 Germany: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Weather Monitoring System Market, by Component
9.3.4.1.2 Germany: Weather Monitoring System Market, by Application
9.3.4.2 France: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Weather Monitoring System Market, by Component
9.3.4.2.2 France: Weather Monitoring System Market, by Application
9.3.4.3 Italy: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Weather Monitoring System Market, by Component
9.3.4.3.2 Italy: Weather Monitoring System Market, by Application
9.3.4.4 UK: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Weather Monitoring System Market, by Component
9.3.4.4.2 UK: Weather Monitoring System Market, by Application
9.3.4.5 Russia: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Weather Monitoring System Market, by Component
9.3.4.5.2 Russia: Weather Monitoring System Market, by Application
9.3.4.6 Rest of Europe: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Weather Monitoring System Market, by Component
9.3.4.6.2 Rest of Europe: Weather Monitoring System Market, by Application
9.4 Asia Pacific: Weather Monitoring System Market
9.4.1 Asia Pacific: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Weather Monitoring System Market, by Component
9.4.3 Asia Pacific: Weather Monitoring System Market, by Application
9.4.4 Asia Pacific: Weather Monitoring System Market, by Key Country
9.4.4.1 China: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 China: Weather Monitoring System Market, by Component
9.4.4.1.2 China: Weather Monitoring System Market, by Application
9.4.4.2 India: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 India: Weather Monitoring System Market, by Component
9.4.4.2.2 India: Weather Monitoring System Market, by Application
9.4.4.3 Japan: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 Japan: Weather Monitoring System Market, by Component
9.4.4.3.2 Japan: Weather Monitoring System Market, by Application
9.4.4.4 South Korea: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 South Korea: Weather Monitoring System Market, by Component
9.4.4.4.2 South Korea: Weather Monitoring System Market, by Application
9.4.4.5 Rest of Asia Pacific: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 Rest of Asia Pacific: Weather Monitoring System Market, by Component
9.4.4.5.2 Rest of Asia Pacific: Weather Monitoring System Market, by Application
9.5 Middle East & Africa (MEA): Weather Monitoring System Market
9.5.1 MEA: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.2 MEA: Weather Monitoring System Market, by Component
9.5.3 MEA: Weather Monitoring System Market, by Application
9.5.4 MEA: Weather Monitoring System Market, by Key Country
9.5.4.1 South Africa: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 South Africa: Weather Monitoring System Market, by Component
9.5.4.1.2 South Africa: Weather Monitoring System Market, by Application
9.5.4.2 UAE: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 UAE: Weather Monitoring System Market, by Component
9.5.4.2.2 UAE: Weather Monitoring System Market, by Application
9.5.4.3 Rest of MEA: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 Rest of MEA: Weather Monitoring System Market, by Component
9.5.4.3.2 Rest of MEA: Weather Monitoring System Market, by Application
9.6 South America: Weather Monitoring System Market
9.6.1 South America: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.2 South America: Weather Monitoring System Market, by Component
9.6.3 South America: Weather Monitoring System Market, by Application
9.6.4 South America: Weather Monitoring System Market, by Key Country
9.6.4.1 Brazil: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Weather Monitoring System Market, by Component
9.6.4.1.2 Brazil: Weather Monitoring System Market, by Application
9.6.4.2 Argentina: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina: Weather Monitoring System Market, by Component
9.6.4.2.2 Argentina: Weather Monitoring System Market, by Application
9.6.4.3 Rest of SAM: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.3.1 Rest of SAM: Weather Monitoring System Market, by Component
9.6.4.3.2 Rest of SAM: Weather Monitoring System Market, by Application
10. Impact of COVID-19 Pandemic on Global Weather Monitoring System Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 APAC: Impact Assessment of COVID-19 Pandemic
10.5 MEA: Impact Assessment of COVID-19 Pandemic
10.6 SAM Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Vaisala
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Trinity Touch
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Trafitek Solutions Private Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Telegrafia a.s.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Boltek Lightning Detection Systems
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Free Spirits green Labs Pvt Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nvis Technologies Pvt. Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Aeron Systems Private Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Logics PowerAMR Pvt. Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Baron Services, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Weather Monitoring System Market Revenue and Forecast to 2028 – By Geography (US$ Million)
Table 3. Weather Monitoring System Market Volume and Forecast to 2028 – By Geography (Million Unit)
Table 4. North America: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Weather Monitoring System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Weather Monitoring System Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (Mexico$ Million)
Table 13. Europe: Weather Monitoring System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe Weather Monitoring System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 16. Germany: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. France: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 19. France: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 21. Italy: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. UK: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 23. UK: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 25. Russia: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. Asia Pacific: Weather Monitoring System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 29. Asia Pacific: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. Asia Pacific Weather Monitoring System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 31. China: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 32. China: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 33. India: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 34. India: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Japan: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 36. Japan: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 37. South Korea: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 38. South Korea: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. Rest of Asia Pacific: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 40. Rest of Asia Pacific: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. MEA: Weather Monitoring System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 42. MEA: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 43. MEA Weather Monitoring System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 44. South Africa: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 45. South Africa: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. UAE: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 47. UAE: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. Rest of MEA: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 49. Rest of MEA: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. South America: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 51. South America: Weather Monitoring System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 52. South America Weather Monitoring System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Brazil: Weather Monitoring System Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 54. Brazil: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 55. Argentina: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 56. Argentina: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of SAM: Weather Monitoring System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of SAM: Weather Monitoring System Market, by Application –Revenue and Forecast to 2028 (Rest of SAM$ Million)
Table 59. List of Abbreviation
LIST OF FIGURES
Figure 1. Weather Monitoring System Market Segmentation
Figure 2. Weather Monitoring System Market Segmentation – By Geography
Figure 3. Global Weather Monitoring System Market Overview
Figure 4. Hardware Segment held the Largest Share of Weather Monitoring System Market
Figure 5. Meteorology Segment held the Largest Share of Weather Monitoring System Market
Figure 6. APAC to Show Great Traction During Forecast Period
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia-Pacific- PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. South America- PEST Analysis
Figure 12. Weather Monitoring System Market– Ecosystem Analysis
Figure 13. Weather Monitoring System Market: Impact Analysis of Drivers and Restraints
Figure 14. Weather Monitoring System Market – Geographic Analysis
Figure 15. Weather Monitoring System Market Revenue Forecast and Analysis (US$ Million)
Figure 16. Weather Monitoring System Market Volume Forecast and Analysis (Million Unit)
Figure 17. Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 18. Hardware: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Software: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 21. Meteorology: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Energy and Power: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Transportation and Logistics: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Aviation: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Global Weather Monitoring System Market Revenue Share, by Region (2020 and 2028)
Figure 27. North America: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 29. North America: Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 30. North America: Weather Monitoring System Market Revenue Share, by Key Country (2020 and 2028)
Figure 31. US: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 36. Europe: Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 37. Europe: Weather Monitoring System Market Revenue Share, by Key Country (2020 and 2028)
Figure 38. Germany: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. France: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Italy: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. UK: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Russia: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Europe: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Asia Pacific: Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 46. Asia Pacific: Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 47. Asia Pacific: Weather Monitoring System Market Revenue Share, by Key Country (2020 and 2028)
Figure 48. China: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. India: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Japan: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. South Korea: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Rest of Asia Pacific: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. MEA: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. MEA: Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 55. MEA: Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 56. MEA: Weather Monitoring System Market Revenue Share, by Key Country (2020 and 2028)
Figure 57. South Africa: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. UAE Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Rest of MEA: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. South America: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. South America: Weather Monitoring System Market Revenue Share, by Component (2020 and 2028)
Figure 62. South America: Weather Monitoring System Market Revenue Share, by Application (2020 and 2028)
Figure 63. South America: Weather Monitoring System Market Revenue Share, by Key Country (2020 and 2028)
Figure 64. Brazil: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Argentina: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Rest of SAM: Weather Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Impact of COVID-19 Pandemic in North American Country Markets
Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 69. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 70. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 71. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Weather Monitoring System Market
- Vaisala
- Trinity Touch
- Trafitek Solutions Private Ltd.
- Telegrafia a.s.
- Boltek Lightning Detection Systems
- Free Spirits Green Labs Pvt Ltd
- Nvis Technologies Pvt. Ltd.
- Aeron Systems Private Limited
- Logics PowerAMR Pvt. Ltd.
- Baron Services, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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