The business research company covers the Weather Forecasting System market drivers and restraints, major players, and the impact of COVID-19 on the market.
LONDON, GREATER LONDON, United Kingdom, May 5, 2022 /EINPresswire.com/ — According to the “Weather Forecasting Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the Weather forecasting systems market size is expected to grow from USD 2.29 billion in 2021 to USD 2.38 billion in 2022 at a compound annual growth rate (CAGR) of 4.25%. The growth of the market is mainly due to the reorganization of business operations and the recovery from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and closure of businesses. business activities that resulted in operational challenges. . According to the global weather forecasting systems market research by TBRC, the market size is expected to reach $2.97 billion in 2026 with a CAGR of 5.61%. The increasing adoption of renewable energy sources is significantly driving the growth of the global weather forecasting systems market.
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The weather forecasting systems market includes sales of weather forecasting technologies by entities (organizations, partnerships, and sole proprietors) that combine technology and science to anticipate the state of the atmosphere for a specific time and place in the future . Weather forecasts are developed by gathering as much information as possible about current atmospheric conditions (such as humidity, temperature and wind) and applying knowledge of atmospheric processes (through meteorology) to predict future weather patterns. the atmosphere.
Global Weather Forecasting Systems Market Trends
The adoption of sophisticated weather monitoring systems is a key trend that is gaining popularity in the market. Major companies operating in the weather forecasting systems industry are focusing on developing sophisticated weather monitoring systems to strengthen their position.
Segments of the Global Weather Forecasting Systems Market
The global weather forecasting systems market is segmented:
By type: short range, medium range, long range
By component: data loggers, software, sensors and hardware
By equipment: barometer, anemometer, hygrometer, rain gauge, thermometer, slingshot psychrometer, weather balloons
By end user: aviation, military, energy, agriculture, navy, transportation
By Geography: The global weather forecasting systems market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Of these regions, North America accounts for the largest share.
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The Global Weather Forecasting Systems Market Report 2022 is part of a series of new reports by The Business Research Company that provides Weather Forecasting Systems market outlook, market size analysis and forecasts and weather forecasting systems market growth, weather forecasting systems market share, weather forecasting systems market segments and geographies, weather forecasting systems trends, weather forecasting systems players analysis, weather forecasting systems main competitor revenue trends, profiles and market shares. The Global Weather Forecasting Systems Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
The 2022 Global TBRC Weather Forecasting Systems Market Report includes insights into the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: The Weather Company, Sutron Corporation, Campbell Scientific, Airmar Technology Corporation, All Weather, Morcom International, Columbia Weather Systems, G. Lufft Mess-und Regeltechnik, Vaisala, Skye Instruments Ltd., AccuWeather, Inc., StormGeo , Lockheed Martin Corporation, Liquid Robotics Inc., Spire Global, Earth Networks, Skymet Weather Services, DTN, Honeywell International, IBM Corporation, MeteoGroup and Raytheon Company
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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