openPR Logo
Press release

Weather Forecasting Systems Market Projected to reach $3.3 billion by 2025 | Key players include Sutron Corporation, Campbell Scientific, All Weather, Inc. and Morcom International

10-03-2019 12:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

MarketsandMarkets

MarketsandMarkets

According to the new market research report "Weather Forecasting Systems Market by Vertical (Aviation, Agriculture, Renewable), Solution (Hardware: Data Loggers, Anemometers, Software: Big Data, Super Computing), Application, Forecast Type, Region - Global Forecast to 2025", published by MarketsandMarkets, the weather forecasting systems market is estimated to be USD 2.3 billion in 2019 and is projected to reach USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025.
Growth of the weather forecasting systems market can be attributed to the increasing demand for highly accurate weather forecasting systems from various end-use industries and investments by governments of various countries and a number of companies for the development of advanced weather forecasting systems.

Browse 101 market data Tables and 35 Figures spread through 192 Pages and in-depth TOC on "Weather Forecasting Systems Market - Global Forecast to 2025"
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/meteorological-weather-forecasting-systems-market-29645152.html

Based on vertical, the renewable energy segment is projected to grow at the highest CAGR from 2019 to 2025

Based on vertical, the renewable energy segment is projected to grow at the highest CAGR during the forecast period. Weather forecasting systems play a crucial role in designing optimal offshore wind turbine capacities, depending on climatic conditions. Therefore, there is a need for accurate weather forecasts for the integration of large amounts of power generated from renewable sources of energy into power supply grids. This is expected to help meet the increased demand for power from consumers across the globe.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29645152&utm_source=OpenPR

Based on solution, the software segment of the weather forecasting systems market is projected to grow at the highest CAGR during the forecast period
Based on solution, the software segment of the weather forecasting systems market is projected to grow at the higher CAGR between 2019 and 2025 due to the increasing demand for weather analytics, monitoring & display software, and data collection & processing software for weather predictions with the use of present and historical weather data. Increasing capabilities of supercomputers used for weather forecasts and improvements in the efficiency of long-range forecasting systems offer new growth opportunities for players operating in the market.

The Asia Pacific weather forecasting systems market is projected to grow at the highest CAGR from 2019 to 2025

Based on region, the Asia Pacific weather forecasting systems market is projected to grow at the highest CAGR during the forecast period. Market growth is primarily due to the increased demand for continuous weather monitoring for disaster management, and improvement in the economy of the Asia Pacific region. In addition, rapid industrialization and growth of the transportation sector in countries, such as Japan, China, and India, among others have led to a significant rise in the level of greenhouse gases in these countries. The harmful emissions of greenhouse gases can be monitored and consequently, measured with the help of advanced weather forecasting systems.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=29645152&utm_source=OpenPR

Some of the major players in the weather forecasting systems market in North America include The Weather Company (US), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), All Weather, Inc. (US), Morcom International (US), Columbia Weather Systems (US). G. Lufft Mess-und Regeltechnik (Germany), Vaisala (Finland), and Skye Instruments (UK) are some of the leading companies in Europe operating in the market in Europe.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Weather Forecasting Systems Market Projected to reach $3.3 billion by 2025 | Key players include Sutron Corporation, Campbell Scientific, All Weather, Inc. and Morcom International here

News-ID: 1842503 • Views: 434

More Releases from MarketsandMarkets™

Bone Growth Stimulator Market - Industry Share Analysis, Key Players and Future …
The Research Report on "Bone Growth Stimulator Market by Product (Device (Implant, External), Bone Morphogenetic Protein, PRP), Application (Spinal Fusion, Delayed Union, Non-union Bone Fracture, Maxillofacial Surgery), Care Setting (Hospital, Homecare) (2022 - 2026)", is projected to reach USD 1.5 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 5.8% during the forecast period. Growing patient preference for non-invasive and minimally invasive surgical treatments; The demand for minimally
Growing Demand of Multi-Factor Authentication Market | Size , Share 2022-2026
According to study published by MarketsandMarkets™, "Multi-Factor Authentication Market size projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=231220047 Browse in-depth TOC on "Multi-Factor Authentication Market by Component (Hardware, Solutions, and Services), Model Type (Two, Three, Four, and Five-Factor), Organization Size, End User (BFSI, Healthcare, Media and Entertainment,
Federated Learning Solutions Market Size, Share 2022-2028 | Rising Demand
According to a new market research report "Federated Learning Market by Application (Drug Discovery, Industrial IoT, Risk Management), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Automotive and Transportation, Energy and Utilities) and Region - Global Forecast to 2028" published by MarketsandMarkets™, As per AS-IS scenario, the global federated learning market size to grow from USD 127 million in 2023 to USD 210 million by 2028, at a Compound Annual Growth
Biomarkers Market - Industry Share Analysis, Key Players and Future Prospect
The Research Report on "Biomarkers Market by Product (Consumable, Service), Type (Safety, Efficacy, Validation), Disease (Cancer (Solid & Liquid Biopsy), Neurological), Application (Diagnostics, Drug Discovery & Development, Personalized Medicine) (2022 - 2026)", the global market size was valued at USD 43.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2026. Growth Opportunity: Personalized medicine; Biomarkers play a key role in

All 5 Releases


More Releases for MarketsandMarkets

IoT Professional Services Market worth $149.9 billion by 2026 | MarketsandMarket …
According to a new market research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026" published by MarketsandMarkets™, the market size projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2%
Electric Powertrain Market Insights by 2027| MarketsandMarkets
The Global Electric Powertrain Market size is projected to reach $191.4 billion by 2027, from an estimated $62.9 billion in 2019, at a CAGR of 14.9 %. The electric powertrain market is expected to witness rapid growth due to stringency in emission norms which is pushing automakers to come up with electrified powertrain technologies. Between 2025 and 2030, emission standards would require automakers to reduce CO2 emissions by 15% and
Automotive Interior Market - Global Forecast to 2025 | MarketsandMarkets
According to the new market research report "Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region - Global Forecast to 2025 " Published by MarketsandMarkets™, The global Automotive Interior Market is projected to reach USD 153.8 billion by 2025 from USD 123.2 billion in 2020, at a CAGR of 8.8% during the forecast
Automotive Fuse Market Insights by 2025| MarketsandMarkets
The Automotive Fuse Market is projected to grow at a CAGR of 6.84% during the forecast period, to reach $24.33 Billion by 2025 from $14.33 Billion in 2017. The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of
Global Connected Car Market by 2025| MarketsandMarkets
According to recent research "Connected Car Market by Service (Connected Services, Safety & Security, and Autonomous Driving), Form (Embedded, Tethered, and Integrated), Network (DSRC, and Cellular), End Market, Transponder, Hardware, and Region - Global Forecast to 2025", The global connected car market is estimated to be USD 72.89 billion in 2017 and is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8% from 2017 to 2025.
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand