Press release
Flood Warning Systems Market Projection By Technology, Top Key Players, Demand, Segment, Regional Analysis Revenue Forecast Till - 2031
Flood Warning Systems Market 2022
The flood warning systems market is projected to enhance at a CAGR of 7.6% during the forecast period 2021-2031. As per the analysis, the global flood warning systems market is expected to experience an increase over the forecast period due to various factors such as real-time flood monitoring and warning system and an increasing number of natural disasters with time.
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There is increased government focus towards preventive steps for flood and other natural disasters, is one of the major factor driving the demand for flood warning systems.
What is Driving Demand for Flood Warning Systems?
Nowadays, incidents of natural disasters have increased over the years. Owing to the rising global warming and imbalance environmental cycle has increased the several numbers of water-related natural disasters.
The floods are a serious and major disaster, which results in vast economic losses and loss of life. Hence, to prevent such losses has led to an increase in the demand and need for real-time flood warning systems and flood monitoring systems that can detect the threat of upcoming floods, that helps reduced direct as well as indirect losses.
The adoption of sensor technologies in flood warning systems such as visibility sensors, temperature sensors, and flood warning sensors, etc. to monitor and warning the flood conditions are integrated into the flood warning systems which is the major trend in the flood warning systems market.
It also offers various features such as communication or dissemination of alerts and warnings, analysis, monitoring, and forecasting of the hazards, and others. The reliability of such features drives the growth of the flood warning systems market.
Growing demand for advanced mobile mapping system and technological advancements, emergence of the mobile light detection and ranging (LiDAR) systems with a sensor technology, such major factors fueling demand for Flood Warning Systems across regions.
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Who are the Key Providers of Flood Warning Systems?
Some of the leading manufacturer and providers of flood warning systems include
Biz4intellia Inc., IMCON Lighting Inc., Campbell Scientific Inc., Hanwell Inc., HWM-Water Ltd., Pessl Instruments GmbH, Sutron Corporation, ALS Limited, Fondriest Environmental Inc., Xylem, Taiwan Water & Soil Instrumentation Inc., Others.
The key providers of flood warning systems is continuously focusing on investing in new and emerging technologies/ service lines in order to leverage the experience and maturity of a very broad product line to offer customers a range of options.
For instance, in August 2020, National Disaster Management Authority (NDMA) and Energy and Resources Institute (TERI) have released a flood early warning system for Guwahati to aware local authorities about floods and heavy rainfall.
Key Segments
By Component - Hardware (Sensors, Dataloggers, Others), Flood Warning Software, Services (Implementation & Integration, Consulting, Support & Maintenance)
By Application - Government, Agriculture, Media, Inland Fisheries, Tourism and Outdoor Entertainment, Transport & Logistics, Other
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Key geographies evaluated in this report are:
North America - U.S, Canada
Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC - China, India, Japan, Australia, Others
Latin America - Argentina, Brazil, Others
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