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Weather Monitoring Network Market 2022 Emerging Trends, CAGR Status, Growth, Analysis and Forecast to 2027
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Renewable Energy Sector to Create Strong Tailwinds for Global Weather Monitoring Network Market
The renewable energy industry has been thriving in the past few years. Growing environmental concerns and a focus on curtailing carbon emissions has pushed market players to adopt clean energy sources. Solar and wind energy is one of the top priorities for industry stakeholders. While these sources are abundant and virtually unlimited, their availability is unpredictable. Both wind activity and sunlight depend on weather conditions to an extent. To this end, the global weather monitoring network market is projected to flourish across the study period. Sophisticated weather monitoring systems can accurately tell users about the forecast and enable them to plan out their activities accordingly.
Real-Time Weather Updates Prolong Growth Trajectory
Advancements in weather monitoring network technologies have significantly boosted its adoption and user base. Users are now able to learn about the weather through their smartphone devices and plan out their days accordingly. These systems also alert users in case there is an upcoming thunderstorm, hailstorm, heavy rain, or hurricane. Against this backdrop, the daily temperature segment is projected to be one of the leading sources of growth in the overall weather monitoring network market. Modern solutions use infrared sensors to accurately detect the temperature in degrees Celsius. This process is repeated every 5 minutes to provide almost real-time weather and temperature information. This boosts the adoption and trust of such solutions and stimulates market growth.
Asia Pacific to Reign Supreme Owing to Thriving Renewables Market
Asia Pacific is expected to lead the weather monitoring network market amidst ascended investments in advanced weather forecasting systems. The region is one of the leading contributors to global sustainable and renewable energy generation. Renewables are one of the major contributors to the demand for weather monitoring networks. As the weather is a key determinant of sunlight and wind activity, such systems provide energy generators with accurate data to plan production and maintain optimal output. Major economies such as China and India are leading the charge in maintaining the region's dominance in the weather monitoring network market.
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Major Market Players
Some of the key players in the global weather monitoring network market include All Weather, Inc. (US), AccuWeather Inc. (US), Vaisala OYJ (Finland), The Weather Company (US), Earth Networks (US), Ambient Weather Network (US), Airmar Technology Corporation (US), Sutron Corporation (US), Campbell Scientific (US), StormGeo (Norway)G. Lufft Mess-und Regeltechnik (Germany), and Skye Instruments (UK).
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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