Weather Forecasting Systems Industry offers players look for international markets for expansion
Global Weather Forecasting Systems Market is accounted for $1.47 billion in 2015 and is expected to reach $2.15 billion by 2022 growing at a CAGR of 5.6% during the forecast period. Increasing air & sea transportation, rising concerns for safety & security, and uncertainty in rainfall, are the key factors driving the weather forecasting systems market growth. Some of the factors that are anticipated to restrain its market growth include complex process of forecasting and uncertainty in weather forecasting.
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North America is anticipated to hold the biggest share of the weather forecasting systems market. The Asia-Pacific region is anticipated to observe a significant growth in the progressing at the highest CAGR during the forecast period.
Some of the key players in the market include Sutron Corporation, Skye Instruments Ltd, Vaisala OYJ, All Weather Inc., Morcominternational Inc., Liquid Robotics Inc., Columbia Weather Systems, Lockheed Martin Corporation, Airmar Technology, Campbell Scientific Inc, Gill Instruments Pvt Ltd, Irdam Meteorological Instruments and Thales S.A.
System Type Covered:
Weather radar
Sounding systems
Radiosondes.
Weather satellite systems
Weather station
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Table of Contents:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
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