Press release
Weather Forecasting Systems & Solutions Market to Reach USD 4 Billion by 2025 Including Top Players Vaisala, Skye Instruments Limited, Munro Instruments Limited, MORCOM International, Lockheed Martin Corporation, Gills Instrument Limited
Global Weather Forecasting Systems & Solutions Market valued approximately USD2.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7.50% over the forecast period 2017-2025. 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 2025.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 industry is seeming to be fairly competitive. Some of the leading market players include Vaisala, Skye Instruments Limited, Munro Instruments Limited, MORCOM International, Lockheed Martin Corporation, Gills Instrument Limited, Columbia Weather Systems, Inc, Campbell Scientific, Inc, All Weather, Inc, Airmar Technology Corp. and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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The Regional Analysis has been done for North America, Europe, Asia Pacific, the Middle East, and Rest of the World. The Asia Pacific weather forecasting systems and solutions market is projected to grow at the highest CAGR between 2017 and 2025, owing to rapid industrialization, expansion of airports, and increasing applicability of weather forecasting systems in the agriculture sector of the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
By Forecast Range:
 Short Range Forecast
 Medium Range Forecast
 Long Range Forecast
By Component:
 Solutions
 Systems
By End Use:
 Enterprise
 Defence & Military
 Meteorology & Weather Service Provider
By Global Regions
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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Target Audience of the Global Weather Forecasting Systems & Solutions Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
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