DUBLIN, December 1, 2017 /PRNewswire/ --
The "Weather Forecasting Systems & Solutions Market by Type (Solutions, Systems), End User (Commercial, Military, Meteorology, Weather Service Providers), Component, System (Satellite, Ground, Air), Range, Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The weather forecasting systems and solutions market is projected to grow from USD 2.68 Billion in 2017 to USD 3.80 Billion by 2022, at a CAGR of 7.21% during the forecast period from 2017 to 2022.
Growing need for accurate weather predictions to carry out onshore operations, increasing demand for effective air traffic control at airports, and rising need for innovative numerical weather prediction models are the major factors expected to drive the growth of the weather forecasting systems and solutions market between 2017 and 2022.
Governments of various countries and private agencies have been investing increasingly in the development of advanced and efficient weather forecasting systems to provide alerts for storms or cyclones beforehand to ensure public safety. This further drives the growth of weather forecasting systems and solutions market.
The weather forecasting systems and solutions market has been studied for North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW). The Asia Pacific weather forecasting systems and solutions market is projected to grow at the highest CAGR between 2017 and 2022, owing to rapid industrialization, expansion of airports, and increasing applicability of weather forecasting systems in the agriculture sector of the region.
Growth in air and sea transport, dependency on rainfall for water supply, improvement in the economy of the Asia Pacific region, and increased demand for continuous weather monitoring for disaster management are also driving the growth of the Asia Pacific weather forecasting systems and solutions market.
Factors such as complexity of the weather forecasting processes and weather forecasting models and uncertainty in weather predictions are expected to limit the growth of the weather forecasting systems and solutions market during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Weather Forecasting Systems And Solutions Market, By Type
8 Weather Forecasting Systems Market, By Component
9 Weather Forecasting Systems Market, By System Type
10 Weather Forecasting Systems Market, By End User
11 Weather Forecasting Systems Market, By Forecasting Type
12 Regional Analysis
13 Competitive Landscape
14 Company Profiles
- Airmar Technology
- All Weather
- Columbia Weather Systems
- G. Lufft Mess-Und Regeltechnik
- Gill Instruments
- Hoskin Scientific
- Liquid Robotics
- Met One Instruments
- Morcom International
- Skye Instruments
For more information about this report visit https://www.researchandmarkets.com/research/r9zkv2/weather
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets