The weather monitoring systems market size is worth $2.93 billion,


New York, March 24, 2022 (GLOBE NEWSWIRE) — The Insight Partners has released the latest research study on “Weather Monitoring System Market Forecast to 2028 – Impact of COVID-19 and Global Analysis – By Component (Hardware & Software) and Application (Metrology, Energy & Power, Transportation, Aviation & Others), the global weather monitoring systems market growth is driven by the increasing deployment of solar and wind power plants around the world due to the wide adoption of renewable energy, the increasing development and modernization of airports around the world, the growing demand for weather monitoring systems in the aviation industry .

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Report cover Details
Market size Value in US$1.74 billion in 2021
Market Size Value by $2.93 billion by 2028
Rate of growth CAGR of 7.7% from 2021 to 2028.
Forecast period 2021- 2028
base year 2021
Number of pages 144
Number of tables 59
Number of graphs and figures 71
Historical data available Yes
Segments Covered Component and application
Regional scope North America; Europe; Asia Pacific; Latin America; AEM
Country scope United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

Weather Monitoring Systems Market: Competitive Landscape and Key Developments
Baron Services, Inc. ; Aeron Systems Private Limited; NVIS Technologies PVT. ltd. ; POWERAMR logics; Bolteck; Free Spirits Green Labs Private Limited; Telegrafia AS; Trinity key; Vaisala; and Trafitek are the key players profiled during this market research. In addition, several other market players have been researched and analyzed to gain a comprehensive view of the global Weather Monitoring Systems market and its ecosystem.

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In 2022, Logics PowerAMR has expanded its global presence to 10 countries after covering all Indian states and installations in over 450 cities in India.

In 2021, Vaisala announced an agreement with TomTom, to bring actionable road weather data and accurate information to the TomTom Hazard Warnings service.

Due to its massive maritime trade, North America has a very advanced port infrastructure and maritime sector. Imports from North America have steadily increased from US$571.22 in 2016 to US$741.87 in 2021 in terms of cargo volumes. In addition, the US government is investing heavily in developing and improving transportation infrastructure. For example, in November 2021, the US government signed a bipartisan US$1 trillion infrastructure, under which US$17 billion would be allocated to modernize inland ports and waterways, coastal ports and transport networks. freight across the country. In addition, the region also has the largest number of airports, with the United States alone approx. 18,000 airports.

Additionally, the Airports Council International reported an investment of US$3.6 billion in 11 airport projects in the United States and Canada. Investments by airport authorities in modernizing airports in North America are creating strong business opportunities for market players. Thus, the increasing development and modernization of airports and ports are likely to create a lot of growth opportunities for the weather monitoring systems market players in the coming years. Additionally, with the increasing focus on reducing carbon emissions, governments in the region are emphasizing clean energy. For example, in March 2021, the US government announced that it would be carbon neutral by 2050 and that Canada plans to be carbon neutral by 2050. Solar and wind energy are gaining ground, fueling weather monitoring. system market growth.

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Additionally, the market for weather monitoring systems is growing in the meteorology vertical due to the increased need for automation in weather services in countries such as the United States, Canada, and Mexico. Climatic conditions vary in different regions of the United States. Different weather services across North America have recorded an increase in winter precipitation as rain instead of snow, resulting in severe snowstorms and extreme cold spells capable of crippling cities, causing blackouts of power and huge economic losses. Thus, these factors are driving the growth of the weather monitoring systems market.

Weather Monitoring Systems Market: Application Overview
Based on application, the weather monitoring system market is segmented into agriculture, energy & power, transportation & logistics, aviation, and others. The meteorology segment dominated the weather monitoring system market in 2020. The meteorology department is responsible for weather observations, weather forecasting and seismology.

The market for weather monitoring systems is increasing due to the increasing importance given to forecasting weather conditions in various regions to deal with weather disasters, military and defense applications, etc. Moreover, the presence of various market players in this application that offers weather monitoring systems is further boosting the adoption of these systems in the weather service. For example, Swan Environmental Pvt.Ltd., a product used by the WEATHERPAK® Meteorology Department, is used on vessels requiring precise wind calculations, port and starboard wind data, larger military vessels and marine vessels. research. ACOEM ECOTECH, Trelleborg and many other companies also offer weather monitoring systems. The meteorology department uses weather monitoring systems to avert various weather disasters, boosting the weather monitoring system market.

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Impact of COVID-19 Pandemic on APAC Weather Monitoring Systems Market Growth:
According to the Organization for Economic Co-operation and Development, the COVID-19 pandemic has negatively affected key economies, such as India, Japan and Australia, due to inadequate health facilities, government restrictions and a limited workforce at production sites. At the same time, the strong government support has increased air transport movement in the region to fight the pandemic by delivering essential health products and vaccines across the world. In addition, the air cargo industry is actively transporting much-needed medical equipment and supplies to Asian countries, according to the Association of Asia Pacific Airlines. Hence, growing demand for air cargo to supply medical equipment has boosted the weather monitoring system market.

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