Weather Monitoring System Market is expected to reach US$ 2,932.92 million by 2028

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.

Increasing Demand for Weather Monitoring System in Aviation Industry to Provide Growth Opportunities Players

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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. Moreover, the increasing demand for helicopters in various applications such as emergency medical service, transportation, search and rescues, and others is creating growth opportunities for weather monitoring market systems in the aviation sector.

Leading Weather Monitoring System market Players: 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

The increasing deployment of solar and wind plants globally due to the wide adoption of renewable energy is further driving the weather monitoring system market. 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, temperature, and 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.

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Wind Turbine Condition Monitoring Market Insights
Deployment of Wind Turbines and Solar Panels to Generate Renewable Energy
Governments worldwide have initiated various renewable energy generation projects to satiate the demand for energy without hindering the environment. Wind turbines and solar panels are the primary sources of generating renewable energies. Weather monitoring systems are used for high accuracy measurement of radiation, wind speed, wind direction, air temperature, humidity, module temperature, soiling, and other parameters for generating wind energy. In addition, the weather monitoring system is also used in solar plants as photovoltaic (PV). System performance depends on the quality of the system and weather. As weather is variable, the photovoltaic system's output changes, and the solar radiation data affects the PV system's performance. Rising solar panels and wind turbines have propelled the weather monitoring system market. For example, The European Union has set ambitious CO2 reduction targets, stimulating renewable energy production and accelerating offshore wind energy deployment in the North Sea.

Impact of COVID-19 Pandemic on the Weather Monitoring System Market
As per the World Meteorological Organization (WMO), the COVID-19 pandemic is hindering the quality and quantity of weather observations, forecasts, as well as atmospheric and climate monitoring. Meteorological measurements taken from aircraft have indeed dropped by an average 75-80 % compared to normal. The COVID-19 pandemic has posed unprecedented challenges globally and has had a significant impact on the international air transport sector. However, from mid-2021, the government of various regions have resumed air transportation that lead to increasing e-commerce business and transportation & logistics business, which would propel the demand for weather monitoring systems during the forecast period.

The report segments the market as follows:
Global Weather Monitoring System Market - By Component
Hardware
Software

Global Weather Monitoring System Market - By Application
Metrology
Energy & Power
Transportation
Aviation
Others

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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