Weather Monitoring System Market Research Report and Outlook by 2028

The weather monitoring system industry is projected to grow from US$ 2,932.92 million in 2021 to US$ 2,932.92 million by 2028, with an anticipated compound annual growth rate (CAGR) of 7.7% during this period.

This market is segmented into five primary regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SCAM). In 2020, APAC dominated the market share, followed closely by North America and Europe. Furthermore, APAC is expected to exhibit the highest CAGR throughout the forecast period.

The weather monitoring system sector is witnessing growth driven by the rising adoption of these systems across various industries, including aviation, energy, and power, alongside advancements in technology such as artificial intelligence (AI) and Internet of Things (IoT) based weather monitoring solutions. The modernization efforts in airports across North America are creating lucrative opportunities for businesses in this market, as airport authorities are making substantial investments in these systems. Additionally, regional governments are prioritizing the reduction of carbon emissions, which is leading to an increase in the establishment of solar and wind energy facilities. For example, both the United States and Canada have set ambitious goals to achieve carbon neutrality by 2050, spurring a rise in renewable energy initiatives. This trend is anticipated to significantly enhance growth prospects for the weather monitoring system market. The proliferation of smart cities in North America is also a contributing factor to market expansion.

In Europe, the weather monitoring system market is experiencing notable growth, primarily due to increased investments by German airport authorities in upgrading airports with cutting-edge technologies, including weather monitoring systems. The rise of wind and solar energy projects is also notable in Europe. For instance, in November 2021, TotalEnergies announced the launch of the largest solar initiative in Gien, France, which is expected to produce approximately 64 GW of solar energy annually. In the MEA region, while fossil fuel reserves have historically been a major source of national revenue, the Saudi Arabian government is now focusing on diversifying its economy and fostering the growth of non-oil sectors such as manufacturing and aviation. This shift has led to heightened trading activities and the establishment of new ports, including a multi-purpose port announced in May 2021 by Hutchison Ports in collaboration with Jazan City for Primary and Downstream Industries in Jazan City, Saudi Arabia. The COVID-19 pandemic caused significant supply chain disruptions for market participants in 2020 due to various governmental regulations, impacting their production capabilities. However, by the fourth quarter of 2020, the supply chains for weather monitoring systems began to stabilize, allowing market players to expand in 2021, driven by the aforementioned factors.

The size of the weather monitoring system market has been assessed using both primary and secondary research methodologies. The research process commenced with extensive secondary research, utilizing both internal and external sources to collect qualitative and quantitative data regarding the weather monitoring system market. This approach aimed to provide a comprehensive overview and forecast for the market, focusing on all segments. The global overview and forecast of the weather monitoring system market were also derived based on the segmentation across the five major regions: North America, Europe, Asia Pacific, Middle East and Africa, and South America. Additionally, primary interviews were conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights into the market. Typically, this process involved engaging with industry professionals such as vice presidents, business development managers, market intelligence managers, national sales managers, and external consultants, including valuation experts, research analysts, and key opinion leaders specializing in the weather monitoring system sector.

Key players in the global weather monitoring system market include Baron Services, Inc.; Aeron Systems Private Limited; NVIS Technologies PVT. Ltd.; Logics POWERAMR; Boltek; Free Spirits Green Labs Private Limited; Telegrafia A.S.; Trinity Touch; Vaisala; and Trafitek.