Weather Monitoring System Market Size to worth $2,932.92 million by 2028 - Global Industry Research by The Insight Partners

According to the new research report published by The Insight Partners, titled "Weather Monitoring System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component (Hardware and Software) and Application (Metrology, Energy & Power, Transportation, Aviation, and Others)", The global weather monitoring system market is expected to grow from US$ 1,746.47 million in 2021 to US$ 2,932.92 million by 2028. It is estimated to grow at a CAGR of 7.7% during 2021-2028.

Due to its massive maritime trade, North America has a highly advanced port infrastructure and maritime sector. North America's import has risen steadily from US$ 571.22 in 2016 to US$ 741.87 in 2021 in terms of goods volumes. Moreover, the US government invests significantly in developing and improving transport infrastructure. For instance, in November 2021, the US government signed US$ 1 trillion bipartisan infrastructure, under which, US$ 17 billion would be allocated to upgrade the inland ports and waterways, coastal ports, and freight networks across the country. Further, the region also accounts for the highest number of airports, with the US alone having approx. 18,000 airports.

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Weather Monitoring System is used to supply electricity and power to the subsea machinery and equipment used A weather monitoring system is a small meteorological device used to measure and display atmospheric conditions through several weather sensors. Weather monitoring systems gather information about temperature, humidity, wind speed and direction, rainfall, UV index, and solar radiation from different locations for weather forecasting purposes. A weather station is associated with several benefits, such as providing real-time weather data and offering real-time alerts on weather forecast conditions.

Moreover, the increasing deployment of solar and wind plants globally due to the wide adoption of renewable energy is further driving the market growth. The energy & power sector significantly depends on weather and climate variability. The energy & power sector has diverse requirements for meteorological services to support decision-making for both day-to-day operations and longer-term strategic planning. The weather monitoring system measures real-time data such as air pressure, humidity, and temperature, wind speed in the energy & power sector. The weather monitoring system is one of the most crucial instruments installed in energy plants and solar PV power plants.

The global weather monitoring system market is also benefiting from leading manufacturers. Weather monitoring and disaster management go hand in hand. The rising demand for continuous monitoring of hazardous parameters to avoid the losses occurred by weather is driving the market growth. National Meteorological and Hydrological Services (NMHSs) play an essential role in disaster reduction worldwide by delivering public weather services, such as weather forecasts, early warnings about hazardous weather, and collaboration with disaster relief organizations for minimizing the loss of life and property. To minimize the loss of weather hazards, many governments partner with market players and invest in weather monitoring systems by starting programs related to the weather forecast. For instance, in 2020, to manage weather hazard risk Chinese government expanded its weather modification program to 2025 to cover an area. These factors are driving the market growth.

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The weather monitoring systems market is increasing due to the rising emphasis on forecasting weather conditions in various regions to manage weather disasters, military and defense applications, and others. In addition, the presence of various market players in this application that offers meteorological weather monitoring systems is further driving the uptake of these systems in the meteorology department. For example, Swan Environmental Pvt.Ltd., a product used by the meteorology department WEATHERPAK®, is used on ships requiring accurate wind calculations, port, starboard wind data, larger military vessels, and research vessels. ACOEM ECOTECH, Trelleborg, and many other companies also offer meteorological weather monitoring systems. The meteorology department uses weather monitoring systems to avoid various weather disasters, driving the weather monitoring system market.

Weather Monitoring System Market: Competitive Landscape and Key Developments

Baron Services, inc.; Aeron Systems Private Limited; NVIS Technologies PVT. Ltd.; Logics POWERAMR; Boltek; Free Spirits Green Labs Private Limited; Telegrafia A.S.; Trinity Touch; Vaisala; and Trafitek are the key players profiled during this market study. In addition, several other market players were studied and analyzed to get a holistic view of the global weather monitoring system market and its ecosystem.

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2022: Vaisala acquired US-based Whether or Knot, LLC (dba AerisWeather), it is a subscription-based software company that provides weather and environmental information.

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

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