Weather Information Technology Market is Expected to Reach a Strong Valuation of US$ 7,216.3 Million by 2029 | FMI

The market for weather information technology is anticipated to reach US$ 4,772.7 million in 2022 and grow at a CAGR of 6.1% to US$ 7,216.3 million by 2029. Nearly 5% of the global market for environmental technology is made up of weather information technology. Public weather services can be improved thanks to the emergence of new communication networks and prediction technologies such wireless communication, nowcasting systems, and digital database forecasting (PWS).

Meteorologists are visualizing data from weather radar and forecasting models using technologies like augmented reality to help viewers get ready for impending storms. The weather information technology market refers to the growing demand for advanced technologies and services that provide accurate and up-to-date weather information. It includes various solutions such as weather forecasting systems, climate monitoring systems, disaster warning systems, and others.

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The market is expected to grow significantly in the coming years due to increasing demand for accurate weather information for various industries, such as agriculture, aviation, energy, and transportation, as well as increasing concern over the impact of extreme weather events and the need for disaster risk reduction and management. Additionally, advancements in data collection, processing, and analysis technologies are also driving growth in the market.

To ensure a steady supply of renewable energy, use weather information technology.
Extreme weather poses a serious threat to nuclear power facilities by interfering with the operation of equipment and processes that are essential for safe operation. To ensure that their consumers have access to energy, energy companies need accurate weather data. The direction and force of the wind have an impact on how much power is produced by wind turbines.

Weather monitoring is necessary to produce renewable energy in the form of solar and wind energy. This pattern predicts that weather forecasting will become more widely used, leading to a large expansion of the market for weather information technology.

Competitive Landscape

Weather information technology providers are continuously focused on cost reduction of the product and improved services by implementing different strategies such as product innovation, partnership, acquisition and geographical expansion. With these strategies, key players expect to strengthen their presence in the global market and develop advanced weather forecasting technologies.

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Weather Information Technology Outlook By Category

By Solution :

  • Weather Information Technology Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others (Lightening, Air Quality)
  • Weather Information Technology Services
    • Maintenance Services
    • Consulting Services

By Application :

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others

 By Industry :

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others (Mining, Chemicals)

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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