Industry Background:
Weather information technology is the systems and application used for understanding the weather and making weather forecast, it is mainly used by metrologists in meteorological departments who rely on weather data collection via satellites, airplanes, weather stations, buoys, and other devices. Technology such as doppler radar, radiosondes, supercomputers, etc is used for forecasting the weather. The weather information technology helps in predicting the future weather condition for the given time and location.This growth is primarily driven by Demand for Automation and Technology in Accurate Weather Prediction and Forecast and Changing Climatic Conditions and Need for Determining Weather Situation Beforehand in Case of Any Bigger Situation.
Globally, a noticeable market trend is evident Increasing Consumption of Weather Satellites for Weather Forecasting
. Major Players, such as Lockheed Martin Corporation (United States), IBM (The Weather Company) (United States), Campbell Scientific (United States), Vaisala Oyj (Finland), Sutron Corporation (United States), Airmar Technology Corporation (United States), MORCOM International (United States) and Columbia Weather Systems (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 1st March 2018, A satellite launched will augment the GOES-16 weather satellite and provide broad coverage with powerful new weather monitoring technology for meteorologists to provide life and property-saving forecasts. NOAA's GOES-S weather satellite, built by Lockheed Martin, was launched aboard a United Launch Alliance Atlas V 541 rocket and has successfully established communications.
Regulatory Insights:
"Weather Satellites monitor Earth from space, collecting observational data our scientists analyze. NOAA operates three types of weather satellites. Polar-orbiting satellites orbit the Earth close to the surface, taking six or seven detailed images a day. Geostationary satellites stay over the same location on Earth high above the surface taking images of the entire Earth as frequently as every 30 seconds. Deep space satellites face the sun to monitor powerful solar storms and space weather. NOAA also uses data from satellites operated by other agencies and countries."
Market Drivers
- Demand for Automation and Technology in Accurate Weather Prediction and Forecast
- Changing Climatic Conditions and Need for Determining Weather Situation Beforehand in Case of Any Bigger Situation
Market Trend
- Increasing Consumption of Weather Satellites for Weather Forecasting
- Integration of Artificial Intelligence in the Weather Information Technology
Restraints
- High-Cost Investment required in Monitoring Different Variables from Various Sources
Opportunities
Growing Meteorology Research and Development will Boost the Weather Information Technology Market
Challenges
Regulatory Compliances Associated with Weather Information Technology
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Weather Information Technology Study Sheds Light on
— The Weather Information Technology Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Weather Information Technology industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Weather Information Technology industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.