Meteorological and Weather Forecasting Systems Market worth $1.82 Billion by 2020, According to a New Study on ASDReports

Wednesday 8 October 2014, Amsterdam

The report, now available on ASDReports, "Meteorological & Weather Forecasting Systems Market by Application(Aviation, Marine, Military) by Weather System Types(Broadcasting, Satellite, Radars, Radiosonde ) by Equipment (Barometer, Hygrometer, Anemometer), by Geography - Forecast & Analysis to 2014 - 2020", The meteorological and weather forecasting systems market is estimated at $1.43 billion in 2014 and is projected to register a CAGR of 4.10% to reach $1.82 billion by 2020.

Weather forecasting involves prediction of atmospheric conditions at a specific time for the given location. Such forecasting systems require a combination of computer models, observations, and knowledge of historic weather trends and patterns. With the help of these methods, reasonable and accurate forecasts of weather conditions can be predicted.

Weather forecasting using a variety of instruments including thermometers for measuring temperature, barometers for measuring air pressure, rain gauge for measuring precipitation, and anemometer for measuring wind speed. Apart from these, weather satellites orbiting around the earth take snapshots of clouds to judge their movement. Weather radars are used for shooting radio signals into the clouds to determine rate of precipitation. These also ascertain its motion, and type; whether they are rain, snow, or hail clouds. Modern weather radars are mostly pulse-doppler radars that are capable of detecting the motion of rain droplets, in addition to the intensity of precipitation.

Meteorological and weather forecasting system can be classified by type as broadcasting system, information system, satellite receiving system, weather radars, and weather stations. Weather stations consist of weather measuring instruments that collect weather data. In airports, automated weather stations are used and in oceans weather buoys are used for collecting atmospheric data.

This report provides a market analysis of the weather forecasting systemsmarket for the next six years. It contains an overview of the drivers, restraints, challenges, and opportunities that impact the industry. It also provides the industry and technology trends currently prevalent in the meteorological and weather forecasting systems market. It identifies, analyses, and outlines the market size of the major spenders in each region. It also provides information of the leading competitors in the meteorological and weather forecasting systems market.

The major players that dominate the global weather forecasting systems market include Lockheed Martin (U.S.), Vaisala (U.S.), Sutron Corporation (U.S.), SkyeInstruments (U.K.), Liquid Robotics Inc.(U.S.), Irdam Meteorological Instruments (Switzerland), Gill Instruments(U.K.) , Campbell Scientific (U.S.), All Weather Inc.(U.S.), Airmar Technology Corporation (U.S.), and Columbia Weather Systems (U.S.).