PUBLISHER: The Business Research Company | PRODUCT CODE: 1657091
PUBLISHER: The Business Research Company | PRODUCT CODE: 1657091
Weather forecasting systems integrate technology and science to predict the atmospheric conditions for a specific time and location in the future. The development of weather forecasts involves collecting extensive information about current atmospheric conditions, including humidity, temperature, and wind. This information is then analyzed using meteorological knowledge to predict how the atmosphere will evolve.
Weather forecasting systems come in various types, including short-range, medium-range, and long-range. Short-range systems are employed for forecasting over a brief period, typically ranging from 1 day to seven days. Components of these systems encompass data loggers, software, sensors, and hardware. Various equipment is utilized in weather forecasting, such as barometers, anemometers, hygrometers, rain gauges, thermometers, sling psychrometers, and weather balloons. These forecasting systems cater to diverse end-users, including aviation, military, energy, agriculture, marine, and transportation.
The weather forecasting systems market research report is one of a series of new reports from The Business Research Company that provides weather forecasting systems market statistics, including global market size, regional shares, competitors with a weather forecasting systems market share, detailed weather forecasting systems market segments, market trends and opportunities, and any further data you may need to thrive in the weather forecasting systems industry. This weather forecasting systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The weather forecasting systems market size has grown steadily in recent years. It will grow from $2.6 billion in 2024 to $2.7 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to growth in climate research and monitoring, natural disaster preparedness, agriculture and crop management, air and sea transportation, climate change impact
The weather forecasting systems market size is expected to see steady growth in the next few years. It will grow to $3.2 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to renewable energy integration, increasing smart agriculture, extreme weather events, environmental conservation, space exploration and astronomy. Major trends in the forecast period include high-resolution weather modeling, ai and machine learning integration, weather data visualization, weather app integration, space-based weather monitoring.
The growing adoption of renewable energy sources is significantly fueling the expansion of the weather forecasting systems market. Renewable energy generation, especially from wind and solar power, is subject to volatility due to its dependence on weather conditions, which makes effective forecasting systems essential to minimize downtime and enhance efficiency. For example, in April 2024, Climate Central, a U.S.-based nonprofit news organization, reported that in 2023, the U.S. generated 238,121 gigawatt-hours (GWh) of electricity from solar energy, with California and Texas leading in production. A substantial majority of Americans have shown a desire for increased solar and wind energy while advocating for reduced carbon emissions. By the end of 2023, the total solar capacity in the country reached around 139 gigawatts (GW) from both utility-scale and small-scale installations, representing an increase of over 26 GW or 23% compared to 2022. Consequently, the rising utilization of renewable energy sources is anticipated to propel the growth of the weather forecasting systems market in the years ahead.
The weather forecasting systems market is projected to grow due to the increasing frequency of natural disasters. Catastrophic events caused by natural processes, such as earthquakes, hurricanes, floods, and wildfires, highlight the need for advanced forecasting to enable early warnings, preparedness, and effective disaster management. The effects of climate change and the necessity to protect infrastructure further drive the demand for precise weather forecasts. For instance, in September 2024, USAFacts, a US-based non-profit organization, reported that the total cost of natural disasters surpassed $1 billion, which included 201 severe storms, 63 tropical cyclones (hurricanes), 44 floods, 31 droughts, 24 winter storms, 23 wildfires, and nine freezes. Overall, these disasters resulted in a cumulative cost of $2.77 trillion (adjusted for inflation) and led to nearly 16,500 fatalities.
The increasing adoption of advanced weather monitoring systems is a significant trend gaining traction in the market. Key players in the weather forecasting systems sector are concentrating on developing sophisticated monitoring systems to enhance their competitive edge. For example, in February 2024, India successfully launched the INSAT-3DS meteorological satellite using the GSLV-F14 rocket from the Satish Dhawan Space Centre in Sriharikota. INSAT-3DS, the sixth satellite in the INSAT series, has a liftoff mass of 2,274 kilograms and is equipped with four payloads: a six-channel multispectral imager, a 19-channel sounder, a Data Relay Transponder (DRT), and a Satellite Aided Search & Rescue transponder (SAS&R). These capabilities aim to enhance the understanding of environmental dynamics, improve weather forecasting, optimize data usage, and support emergency response through cutting-edge satellite technology.
Major companies in the weather forecasting systems market are focusing on developing innovative products to enhance weather predictions. These product innovations involve creating and implementing new technologies, models, or methods aimed at improving the accuracy and timeliness of weather forecasts, thereby providing users with more reliable and detailed information. For example, in January 2024, Vaisala, a Finland-based company that specializes in environmental and industrial measurement solutions, launched Xweather Insight, an advanced weather confidence platform that increases short-term forecast accuracy by up to 50%. This platform caters to weather-sensitive industries such as aviation, renewable energy, utilities, mining, and maritime by offering essential measurements, forecasts, analyses, and alerts to optimize daily operations and enhance preparedness for severe weather events. The service, known as Xcast, utilizes machine learning-based weather prediction technology (MLWP) to improve accuracy and provide actionable insights based on local data and observations. Xcast forecasts are up to 50% more accurate than those generated by traditional numerical weather prediction (NWP) models and reduce significant errors (greater than 2.5 °C) in 24-hour temperature forecasts by up to 59%.
In January 2022, Vaisala Corporation acquired Whether or Knot, LLC (AerisWeather) for $26 million. This strategic move aligns with Vaisala's goal to generate growth in recurring income businesses, including data as a service and software as a service, in its weather and environment business area. Whether or Knot, LLC (AerisWeather) is a U.S.-based software company providing weather and environmental information.
Major companies operating in the weather forecasting systems market include The Weather Company, Sutron Corporation, Campbell Scientific Inc., Airmar Technology Corporation, All Weather Co., Morcom International, Columbia Weather Systems, G. Lufft Mess-und Regeltechnik, Vaisala Oyj, Skye Instruments Ltd., AccuWeather Inc., StormGeo AS, Lockheed Martin Corporation, Liquid Robotics Inc., Spire Global Inc., Earth Networks Inc., Skymet Weather Services, DTN Inc., Honeywell International Inc., International Business Machines Corporation, MeteoGroup, Raytheon Company, Tomorrow.io, OTT HydroMet Ltd., Athenium Analytics, WeatherOps, Fugro Inc., The Weather Network, Met Office, WeatherBug Org., Weatherzone Org., WeatherBell Analytics Org., Meteoblue AG, Meteo-France SA
North America was the largest region in the weather forecasting systems market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in global weather forecasting systems market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the weather forecasting systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The weather forecasting systems market consists of sales of doppler radar, satellite data capturing device, radiosondes, automated surface-observing. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Weather Forecasting Systems Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on weather forecasting systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for weather forecasting systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The weather forecasting systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.