About Weather Radar
Weather radar is a multipurpose tool for atmospheric estimation analyses cloud deduction, speed, and direction of cell motion. Weather radar also helps in gathering information concerning the weather and its components. Development of advanced technologies for weather monitoring and forecasting solutions and system and Increasing demand from government, military, and civil sectors driving the weather radar market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Weather Radar is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Weather Radar market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell (United States), Enterprise Electronics Corporation (United States), Selex ES GmbH Designs (Germany), EWR Weather Radar (United States), Vaisala Oyj (Finland), Beijing Metstar Radar Co. Ltd. (China) and China Electronics Corporation (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Toshiba Corporation (Japan) and GAMIC (Belgium).
Segmentation Overview
AMA Research has segmented the market of Global Weather Radar market by Type (Airborne Weather Radar, Land-based Weather Radar and Others), Application (Weather Monitoring, Data Collection and Others) and Region.
On the basis of geography, the market of Weather Radar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Hardware will boost the Weather Radar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Meteorology and Hydrology will boost the Weather Radar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Helps in Flood Forecasting and Increasing Demand for Precise Weather Forecasting Instruments
Market Growth Drivers:
Provides Reliable weather forecasts and Evaluate Structure of Storms and Rainfall
Challenges:
Estimates Can Be Wrong and Developing Cost-Effective Weather Radar System
Restraints:
Technological Complexity Involved in Weather Radar system and Inability to Detect Fog
Opportunities:
Technological Advancement in Weather Radar for More Accurate Forecasting, Increasing Demand for Accurate Weather Forecasting and Emphasizing on Development of Long-Range Weather Forecasting Equipment
Market Leaders and their expansionary development strategies
In August 2019, Vaisala, a global leader in weather, environmental and industrial measurement, acquired a specialized B2B weather service from Foreca Oy, a Finnish weather forecasting services company. The former business serves weather-critical professional customers in the transportation, energy, and industrial sectors. Foreca Oy continues to provide weather services and accurate weather forecasts for consumers, media houses, and digital media channels.
In June 2022, Vaisala, a global leader in meteorological, environmental, and industrial measurement, launched the C-band weather radar WRS300. Long live.
Key Target Audience
Defense and Military, Aviation, Professional Service Providers, Government organizations, Research Organizations and Consulting Companies, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.