Global Weather Forecasting Services Market 2024-2028

Description

List of Tables

The weather forecasting services market is forecasted to grow by USD 1308.4 mn during 2023-2028, accelerating at a CAGR of 10.78% during the forecast period. The report on the weather forecasting services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by farmers need weather forecasting services, advancements in computer technology, and growing demand for airplane data integration real-time weather prediction solutions.

Technavio's weather forecasting services market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.03%
CAGR	10.78%
Incremental Value	$1308.4 mn

By Type

Medium-range
Long-range
Short-range
Nowcasting

By Application

Energy and utilities
Aviation
Media and consumer
Logistics and transportation
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the upsurge in production of renewable energy as one of the prime reasons driving the weather forecasting services market growth during the next few years. Also, rising penetration of advanced technologies in weather forecasting service and use of big data in weather forecasting will lead to sizable demand in the market.

The report on the weather forecasting services market covers the following areas:

Weather forecasting services market sizing
Weather forecasting services market forecast
Weather forecasting services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading weather forecasting services market vendors that include AccuWeather Inc., Advanced Environmental Monitoring LLC, Alfa Laval AB, BMT Group Ltd., Campbell Scientific Inc., CSIR National Aerospace Laboratories, Danaher Corp., DTN LLC, ENAV Spa, Environdata Weather Stations Pty Ltd., Fugro NV, International Business Machines Corp., Met Office, National Oceanic and Atmospheric Administration, Precision Weather Forecasting Inc., Skymet Weather Services Pvt. Ltd., Skyview Systems, Spire Global Inc., The Tomorrow Companies Inc., and Vaisala Oyj. Also, the weather forecasting services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70975

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Weather Forecasting Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Weather Forecasting Services Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Medium-range - Market size and forecast 2023-2028
- Chart on Medium-range - Market size and forecast 2023-2028 ($ million)
- Data Table on Medium-range - Market size and forecast 2023-2028 ($ million)
- Chart on Medium-range - Year-over-year growth 2023-2028 (%)
- Data Table on Medium-range - Year-over-year growth 2023-2028 (%)
6.4 Long-range - Market size and forecast 2023-2028
- Chart on Long-range - Market size and forecast 2023-2028 ($ million)
- Data Table on Long-range - Market size and forecast 2023-2028 ($ million)
- Chart on Long-range - Year-over-year growth 2023-2028 (%)
- Data Table on Long-range - Year-over-year growth 2023-2028 (%)
6.5 Short-range - Market size and forecast 2023-2028
- Chart on Short-range - Market size and forecast 2023-2028 ($ million)
- Data Table on Short-range - Market size and forecast 2023-2028 ($ million)
- Chart on Short-range - Year-over-year growth 2023-2028 (%)
- Data Table on Short-range - Year-over-year growth 2023-2028 (%)
6.6 Nowcasting - Market size and forecast 2023-2028
- Chart on Nowcasting - Market size and forecast 2023-2028 ($ million)
- Data Table on Nowcasting - Market size and forecast 2023-2028 ($ million)
- Chart on Nowcasting - Year-over-year growth 2023-2028 (%)
- Data Table on Nowcasting - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Energy and utilities - Market size and forecast 2023-2028
- Chart on Energy and utilities - Market size and forecast 2023-2028 ($ million)
- Data Table on Energy and utilities - Market size and forecast 2023-2028 ($ million)
- Chart on Energy and utilities - Year-over-year growth 2023-2028 (%)
- Data Table on Energy and utilities - Year-over-year growth 2023-2028 (%)
7.4 Aviation - Market size and forecast 2023-2028
- Chart on Aviation - Market size and forecast 2023-2028 ($ million)
- Data Table on Aviation - Market size and forecast 2023-2028 ($ million)
- Chart on Aviation - Year-over-year growth 2023-2028 (%)
- Data Table on Aviation - Year-over-year growth 2023-2028 (%)
7.5 Media and consumer - Market size and forecast 2023-2028
- Chart on Media and consumer - Market size and forecast 2023-2028 ($ million)
- Data Table on Media and consumer - Market size and forecast 2023-2028 ($ million)
- Chart on Media and consumer - Year-over-year growth 2023-2028 (%)
- Data Table on Media and consumer - Year-over-year growth 2023-2028 (%)
7.6 Logistics and transportation - Market size and forecast 2023-2028
- Chart on Logistics and transportation - Market size and forecast 2023-2028 ($ million)
- Data Table on Logistics and transportation - Market size and forecast 2023-2028 ($ million)
- Chart on Logistics and transportation - Year-over-year growth 2023-2028 (%)
- Data Table on Logistics and transportation - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 AccuWeather Inc.
- AccuWeather Inc. - Overview
- AccuWeather Inc. - Product / Service
- AccuWeather Inc. - Key offerings
12.4 Advanced Environmental Monitoring LLC
- Advanced Environmental Monitoring LLC - Overview
- Advanced Environmental Monitoring LLC - Product / Service
- Advanced Environmental Monitoring LLC - Key offerings
12.5 Alfa Laval AB
- Alfa Laval AB - Overview
- Alfa Laval AB - Business segments
- Alfa Laval AB - Key news
- Alfa Laval AB - Key offerings
- Alfa Laval AB - Segment focus
12.6 BMT Group Ltd.
- BMT Group Ltd. - Overview
- BMT Group Ltd. - Product / Service
- BMT Group Ltd. - Key offerings
12.7 DTN LLC
- DTN LLC - Overview
- DTN LLC - Product / Service
- DTN LLC - Key news
- DTN LLC - Key offerings
12.8 ENAV Spa
- ENAV Spa - Overview
- ENAV Spa - Product / Service
- ENAV Spa - Key offerings
12.9 Fugro NV
- Fugro NV - Overview
- Fugro NV - Business segments
- Fugro NV - Key offerings
- Fugro NV - Segment focus
12.10 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
12.11 Met Office
- Met Office - Overview
- Met Office - Product / Service
- Met Office - Key offerings
12.12 Precision Weather Forecasting Inc.
- Precision Weather Forecasting Inc. - Overview
- Precision Weather Forecasting Inc. - Product / Service
- Precision Weather Forecasting Inc. - Key offerings
12.13 Skymet Weather Services Pvt. Ltd.
- Skymet Weather Services Pvt. Ltd. - Overview
- Skymet Weather Services Pvt. Ltd. - Product / Service
- Skymet Weather Services Pvt. Ltd. - Key offerings
12.14 Skyview Systems
- Skyview Systems - Overview
- Skyview Systems - Product / Service
- Skyview Systems - Key offerings
12.15 Spire Global Inc.
- Spire Global Inc. - Overview
- Spire Global Inc. - Product / Service
- Spire Global Inc. - Key offerings
12.16 The Tomorrow Companies Inc.
- The Tomorrow Companies Inc. - Overview
- The Tomorrow Companies Inc. - Product / Service
- The Tomorrow Companies Inc. - Key offerings
12.17 Vaisala Oyj
- Vaisala Oyj - Overview
- Vaisala Oyj - Business segments
- Vaisala Oyj - Key news
- Vaisala Oyj - Key offerings
- Vaisala Oyj - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations