Weather Monitoring System Market Analysis to 2028: Industry Size, Growth, Share, Development, Revenue, Business Prospects and Forecast with Prominent Regions

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.

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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.
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. In Moscow, Russia, the East Line Group had undertaken the expansion of Domodedovo International Airport. Since 2021, The Department of Infrastructure and Regional Development and Western Sydney Airport Ltd. has been constructing an airport in New South Wales, Australia. Thus, the factors mentioned above are driving the weather monitoring system market.

The List of key Companies:
• Vaisala
• Trinity Touch
• Trafitek Solutions Private Ltd.
• Telegrafia a.s.
• Boltek Lightning Detection Systems
• Free Spirits Green Labs Pvt Ltd
• Nvis Technologies Pvt. Ltd.
• Aeron Systems Private Limited
• Logics PowerAMR Pvt. Ltd.
• Baron Services, Inc

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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
• services
Based on application, the market is segmented into:
• Metrology
• energy & power
• transportation
• aviation
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)
• South America (Brazil, Argentina and the Rest of SAM).

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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 Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.

This release was published on openPR.