Weather Monitoring System Market Worth US$ 2,932.92 Million, Globally, by 2028 at 7.7% CAGR - Exclusive Report by The Insight Partners

According to our latest market study on "Weather Monitoring System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Application, and Geography," the market is expected to grow from US$ 1,746.47 million in 2021 to reach US$ 2,932.92 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

The aviation industry is susceptible to the weather, and no decision is taken without considering the weather. Pilots require real-time weather information to operate airplanes and helicopters in harsh environments to avoid accidents. The growing aviation industry with an increasing emphasis on new airports and up-gradation of the existing ones with advanced solutions, rising fleet size, surging focus on improving safety and operational efficiency, and advancement in avionics technology is likely to create a sustainable demand for weather monitoring services and drive the weather monitoring system market.

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In addition, the increasing development and modernization of airports worldwide are expected to create lucrative opportunities for market players, further driving the market over the forecast period. For instance, in 2020, in India, Bengaluru-based CSIR-National Aerospace Laboratories (NAL) developed the Aviation Weather Monitoring System. Moreover, since 2021, China has been building 30 airports in Tibet and Xinjiang provinces.

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 leading companies operating in the weather monitoring system market.

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North America is one of the most prominent markets for weather monitoring systems providers. The demand for weather monitoring systems is relatively high in countries, such as the US, Canada, and Mexico, due to a strong focus on the aviation sector. However, the COVID-19 pandemic negatively impacted the North America weather monitoring system market in 2020. The region has the highest adoption of new technologies owing to favorable government policies to boost innovation and strengthen infrastructure capabilities.

The global weather monitoring system market is assessed on the basis of component, application, and geography. The market, based on component, is segmented into hardware, software, and services. Based on application, the market is segmented into metrology, energy & power, transportation, aviation, and others. Based on geography, the weather monitoring system market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (China, India, South Korea, Japan, Australia, and the Rest of APAC), the Middle East & Africa (South Africa, Saudi Arabia, UAE, Iran, and Rest of the MEA), and South America (Brazil, Argentina and the Rest of SAM).

In Market Segmentation by Geographical Regions, the report has analyzed the following regions-
• North America (USA, Canada and Mexico)
• Europe(Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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