This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Market Overview
Predicting weather is not just another science-based process. It can prove vital in saving lives, in preventing the loss of resources, and will help harvest natural bounty better. There are so many industries like mining, agriculture, aviation, construction, and fisheries that depend on the weather for their growth and development. Weather forecasting services include the use of technology and science to predict the atmosphere of a particular area. With better technology, more precise and exact predictions can be made.
Trained geologists and meteorologists take up the weather forecasting services job and are constantly monitoring different changes in the atmosphere that can make a difference in the weather. The increasing instances of natural disasters also create a need to better the forecasting industry and governments all over the world are allocating budget to invest in tools and techniques that can forecast the weather better. These are all reasons why the global weather forecasting services industry is looking at positive growth.
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This report talks about the current state of this industry and forecasts its growth up to the year 2025. The global, the regional, and the individual company level analysis are provided by the report. Vital information that is needed for stakeholders to make an informed decision is available in the study report. This report talks about factors like CAGR, revenue, product pricing, and risks of entering the market. The detailed SWOT analysis of the key players is also provided.
This report focuses on the top players in global market, like
Accuweather Inc.
BMT Group
Skymet Weather services Pvt., Ltd.
The Weather Company
Enav S.p.A
Met Office
Skyview Systems Ltd.
StormGeo
Meteo
Vaisala OYJ
Sutron
Campbell Scientific
The National Oceanic and Atmospheric Administration
Environdata Weather Stations
National Aeronautics and Space Administration
Weather Underground
Forecast.io
Weatherspark
Precision Weather Forecasting
Fugro
WeatherBELL Analytic
Hometown Forecast Services
AWIS
Sailing Weather Service
Right Weather
Global Weather Corporation
Market Segmentation
There are three types of weather forecasting services that are discussed in this report. The short range can forecast events happening in a period of a few hours to a few days. Medium range forecasting involves predictions that can happen for a span of 7 to 10 days. Long range forecast usually covers predictions that are carried out for up to 30 days. There are about 7 industries that make use of these forecasting services. The lists discussed in detail in this report are aviation, transportation, marine, agriculture, military, construction, and media.
Regional Analysis
All top regions in the world are included in the regional analysis of this report. Europe, United States, China, Japan, India, and Southeast Asia are the top regions covered. The development of a large number of industries in countries like China and India will make them good platforms for the growth of this industry. The improved technological expertise in areas like United States and Europe make them regions that will hold a major market share in the weather forecasting services industry. The sub-markets generated in these areas are also analyzed by the report.
Industry News
In January 2019, IBM has unveiled a highly advanced weather forecasting system that will use its supercomputers to predict very accurate weather details. This system is called the Global High-Resolution Atmospheric Forecasting System (GRAF) and the company mentions that this will improve the efficiency of forecasting globally by up to 200%.
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Source: MarketersMedia
Release ID: 88926494
