Dublin, 04 July 2022 (GLOBE NEWSWIRE) — The “Global Weather Forecasting Services Market Size, Share and Trend Analysis Report by Forecast Type, By Industry, By Organization Size, By Purpose, By Outlook and Regional Forecast, 2021-2027″ report has been added to from ResearchAndMarkets.com offer.
The global weather forecasting services market size is expected to reach USD 2.8 billion by 2027, with the market growing at 9.7% CAGR during the forecast period.
Strong demand from the agricultural sector
Agriculture is mainly influenced by seasons and weather conditions. In addition, the cultivation of various vegetables, fruits and legumes is essential and highly dependent on atmospheric conditions, especially temperature. In agriculture, weather plays a vital role and reliable weather information is essential for agricultural production. The weather and climate risk management sector has become even more critical in the agricultural sector in recent years due to climate change. It is undeniable that to feed an ever-growing population, the need for agricultural products has exploded. Simultaneously, demands on farm management have increased, requiring careful planning based on climatic conditions. As a result, weather forecasting systems are increasingly used by the agricultural sector to plan seasonal crops.
Growing penetration of advanced technologies in weather forecasting services
Weather forecasting facilities make extensive use of complex and power-intensive devices and infrastructure. Big data includes environmental observation data, which has grown at an exponential rate in recent years. Accordingly, weather forecasting centers are expected to provide integrated solutions that cover not only the computational needs of meteorologists, but also the movement and administration of data, as well as ownership of the full cost of these activities. In addition, the improved processing capabilities of supercomputers are expected to facilitate the implementation of various high-resolution weather forecasts and climate models, leading to highly accurate and precise weather forecasts.
Marketing Restriction Factor:
Increased complexity and lack of professional weather forecasting methodsWeather forecasting models must use real-time ocean and atmospheric conditions to estimate future weather conditions because weather conditions often change. Humidity, atmospheric pressure, temperature, wind speed and direction, and cloud cover are all factors in the weather forecast. Weather forecasting models cover various factors, such as proximity to water sources, geographic location, urban structures, as well as latitude and altitude. Weather conditions can be dynamic or sensitive due to the existence of multiple variables; therefore, reliable forecasts are made based on a thorough understanding of the initial circumstances of a numerical weather prediction model. Due to the inherent highly non-linear weather forecasting models, the practice of weather forecasting becomes complicated.
Market Segments Covered in the Report:
By forecast type
- short range
- medium range
- Long range
- Energy and Utilities
- petroleum gas
By organization size
- Large companies
- Small and medium enterprises
- Operational efficiency
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- Comprehensive coverage
- The largest number of tables and figures on the market
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Main topics covered:
Chapter 1. Market Scope and Methodology
Chapter 2. Market Overview
Chapter 3. Competitive Analysis – Global
Chapter 4. Global Weather Forecasting Services Market by Forecast Type
Chapter 5. Global Weather Forecasting Services Market by Industry
Chapter 6. Global Weather Forecasting Services Market by Organization Size
Chapter 7. Global Weather Forecasting Services Market by Purpose
Chapter 8. Global Weather Forecasting Services Market by Region
Chapter 9. Business Profiles
- World Meteorological Society (UCAR)
- Accuweather, Inc.
- BMT Group
- StormGeo (Alfa Laval AB)
- Precision Weather
- The Meteorological Society (IBM)
- Fugro S.A.
- Enav SpA
- office met
- Skyview Systems Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/jm25ud
Global Weather Forecasting Services Market