Atmospheric Sounding System Market Report Overview
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global atmospheric sounding system market size expanded rapidly in 2022 and the market is projected to grow substantially by 2031, exhibiting a prodigious CAGR during the forecast period.
Atmospheric Sounding systems and solutions are technologically advanced systems that collect and integrate hydrological, meteorological and radar data to analyze weather conditions. It enables very accurate weather analysis for a reliable weather forecast from relevant agencies. Weather forecasting systems and solutions are mainly used in agriculture, aviation, transport and logistics, marine and renewable energy. The market is projected to be driven by increasing climate change across the globe, leading to uncertainty in rainfall. Additionally, growing need for continuous weather monitoring to enable disaster management is expected to boost the market. The spread of big data analytics in weather forecasting is a future opportunity for markets. However, the lack of effective automation and incorrect weather reports will significantly affect the market growth
COVID-19 Impact: supply chain interruption hindered market growth during the lockdown
According to the Organization for Economic Co-operation and Development, the COVID-19 pandemic has negatively affected major economies such as India, Japan and Australia due to inadequate health services, government restrictions and a limited workforce in factories. At the same time, strong government support to fight the pandemic has boosted air traffic in the region, delivering essential health products and vaccines around the world. In addition, the air cargo sector actively transports necessary medical equipment and supplies in Asian countries, reports the organization of Asia Pacific Airlines. Consequently, the growing demand for air cargo for delivery of medical equipment has boosted the market for weather control systems.
Latest Trends
"Increasing the computing power of supercomputers for weather forecasting "
Weather forecasting centers use complex and energy-intensive infrastructure. Environmental observation data is part of big data and has grown exponentially in recent years. As a result, integrated solutions are expected from weather forecasting centers that not only meet the calculation requirements of weather forecasters, but also enable data transmission and the management and ownership of the total costs associated with these processes.
Improvements in the computing power of supercomputers should support the execution of high-resolution weather forecasts and Earth climate models resulting in highly accurate weather forecasts. In addition, simulation-based approaches and advanced software models allow forecasters to better understand weather trends. As weather forecast has been augmented with data-driven models for predictive modeling and data unlocking, simulation-based approaches combined with the computing capabilities of supercomputers provide highly accurate weather forecasts. Therefore, increasing the computing power of the supercomputer should be a growth opportunity for the weather forecasting system market.
Atmospheric Sounding System Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into generic class and special class.
- By Application Analysis
Based on application, the market can be divided into meteorological, army, and agriculture.
Driving Factors
"fast changes in the weather and climate to surge market growth"
Heat waves and droughts are a result of the frequent shifts in weather patterns brought on by climate change. These changes in the weather have led to an increase in natural disasters. Many different industries are concerned about the impact of changing weather patterns. A reliable system for early warning is necessary to implement preventative steps that can spare these businesses from significant losses and damages. As a result, the market for weather monitoring products and services is anticipated to grow.
"Enhanced technology launch to prosper market growth"
Components of weather monitoring solutions are always changing. Data collecting has become more precise as a result of the advent of enhanced sensors. These sensors can resist challenging conditions and deliver more precise data in any weather. Moreover, data delivery has increased with the introduction of IoT for weather monitoring technologies. By greater system connectivity, the advent of IoT has led to better, more effective, and timely data sharing between systems. These factors have enhanced weather forecasting services, and over the projected period, this is anticipated to increase demand for weather monitoring products and services.
Restraining Factors
"Complexity of weather forecasting models may hinder market expansion"
weather conditions often change, forcing forecast models to use current atmospheric and ocean conditions to predict future weather. The weather forecast takes into account humidity, temperature, air pressure, wind speed, direction and cloud cover. Weather forecasting models also take into account geographic location, proximity to water sources, urban structure, and latitude and elevation. Although accurate forecasts can be made based on a thorough understanding of the initial conditions of a numerical weather forecast model, weather conditions can be dynamic and sensitive to many variables. The weather forecasting process becomes complicated due to the inherent non-linearity of weather forecasting models. Also, properly integrating and analyzing large amounts of data makes the process more difficult. Long-term weather patterns can be derived with higher accuracy, but there is no proper way to do accurate weather analysis in a short period of time. This is expected to curb the market growth as the entire process of weather forecast involves various functions that need to be considered for accurate analysis.
Atmospheric Sounding System Market Regional Insights
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"North America to dominate the market due to the rising demand for temperature control"
In terms of revenue share, North America dominated the world market for atmospheric sounding systems in 2019. During the course of the prediction, the region is anticipated to maintain its supremacy. In addition to expanding demand for temperature, humidity, rainfall, and wind speed & direction sensors from other industries including energy & utilities and transportation, this can be attributable to rising investment in aircraft and maritime applications.
Affluent growth is projected in the Asia Pacific region over the forecast period as a result of the region's growing urbanization and increased infrastructure development efforts in a number of nations, notably China and India. Over the projection period, demand for regional products is anticipated to be driven by countries like Japan, Malaysia, Indonesia, Thailand, and Vietnam.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Innovative Sensor Technology (IST)
- InterMet Systems
- GRAW Radiosondes
- Meteolabor
- Yankee Environmental Systems
- Earth Networks
- Jinyang Industrial
- PAWAN
- Scintec
- Meteomodem
- EN-SCI
- Radiometrics Corporation
- Wittich&Visser
- Coastal Environmental Systems
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Frequently Asked Questions
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what are the Atmospheric Sounding System market segments?
According to type, the market can be segmented into generic class and special class. Based on application, the market can be divided into meteorological, army, and agriculture.
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Which are the driving factors of the Atmospheric Sounding System market?
fast changes in the weather and climate to surge market growth and Enhanced technology launch to prosper market growth are the factors responsible for driving the Atmospheric Sounding System market.
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Which are the top companies operating in the Atmospheric Sounding System
market?
Innovative Sensor Technology (IST) InterMet Systems, GRAW Radiosondes, Meteolabor Yankee Environmental Systems and others.are the top companies operating in the Atmospheric Sounding System market