Press release
Weather Forecasting Systems Market Size 2022 | Industry Share | Growth Factors | Key Drivers | Recent Developments | Challenges | Forecast Till 2031
'Weather Forecasting Systems Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The weather forecasting systems market research report helps gain a truly global perspective of the weather forecasting systems industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the weather forecasting systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest weather forecasting systems market share.
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The weather forecasting systems market consists of the 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 location in the future. Weather forecasts are developed by gathering as much information as possible regarding the current atmospheric conditions (like humidity, temperature, and wind) and applying knowledge of atmospheric processes (through meteorology) to predict how the atmosphere will evolve in the future.
Key competitors in the weather forecasting systems market are The Weather Company, Sutron Corporation, Campbell Scientific, Airmar Technology Corporation, All Weather, Morcom International, Columbia Weather Systems.
The global weather forecasting systems market size is expected to grow from $2.29 billion in 2021 to $2.38 billion in 2022 at a compound annual growth rate (CAGR) of 4.25%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global weather forecasting system market size is expected to reach $2.97 billion in 2026 at a CAGR of 5.61%.
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TBRC's report segments the global weather forecasting systems market:
1) By Type: Short-Range, Medium-Range, Long-Range
2) By Component: Data Loggers, Software, Sensors and Hardware
3) By Equipment: Barometer, Anemometer, Hygrometer, Rain Gauge, Thermometer, Sling Psychrometer, Weather Balloons
4) By End-User: Aviation, Military, Energy, Agriculture, Marine, Transportation
Read Further On The Weather Forecasting Systems Market Here:
https://www.thebusinessresearchcompany.com/report/weather-forecasting-systems-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Weather Forecasting Systems Market Characteristics
3. Weather Forecasting Systems Market Trends And Strategies
4. Impact Of COVID-19 On Weather Forecasting Systems
5. Weather Forecasting Systems Market Size And Growth
……
28. Key Mergers And Acquisitions In The Weather Forecasting Systems Market
29. Weather Forecasting Systems Market Future Outlook and Potential Analysis
30. Appendix
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