Weather Forecasting Systems Market (Aviation, Marine and Military) to reach $1.82 Billion by 2020 – New Report by MarketsandMarkets
(PRWEB) December 05, 2014 -- Weather forecasting systems market is segmented on the basis of applications in the marine, military, and aviation sectors. It also covers the market by equipment used in weather forecasting systems. The equipment considered includes barometer, anemometer, rain gauge, thermometer, and hygrometer. On the basis of system types it covers weather broadcasting consisting of weather display and alert systems, weather satellite systems consisting of satellite receiving systems and weather fax, weather radars, sounding systems and radiosonde, and weather stations. Further, deep market analyses of regions including North America, Latin America, Europe, APAC, and the Middle East have also been covered in meteorological forecasting systemsreport.
Browse 60 market tables and 33 figures spread through 180 pages and in-depth TOC on “Meteorological Forecasting Systems Market - Forecast & Analysis to 2014 - 2020"
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The military operations are affected by factors such as lightning, strong winds, flooding, extreme temperatures, or thick fog. These factors can severely impact the ability to conduct peacetime operations in a safe and effective manner for military personnel. A good understanding of weather is very important to successfully execute military missions. Advanced weather forecasting systems such as automated weather station, weather radars, and weather satellite systems are more efficient in delivering regular weather updates to the military. The weather forecasting systems market is estimated at $1.43 billion in 2014 and is expected to register a CAGR of 4.10% to reach $1.82 billion by 2020.
Given the technological advancements, it is now possible to monitor weather prediction on portable devices such as smart phones. Many companies are entering into joint ventures, forming strategic alliances, and pursuing partnership to align their unique capability for the development of meteorological and weather forecasting instruments. For instance, Sutron Corporation (U.S.) acquired Sabio Instruments (U.S.) to provide meteorologists with unique end-to-end solutions to develop new market segments and opportunities in retrieving signals and information from satellites and broadcasting it through information systems.
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This new generation satellite will improve the meteorological and climate observations relayed by the current satellites. Russia recently sent the Russian Weather Satellite on8, 2014, via the Soyuz Rocket, with satellites from Britain, the U.S, and Norway piggybacking on it. The satellite would track cloud cover, storm systems, temperature and humidity, and polar ice for weather forecasters.
These weather radars relay a lot of information about precipitation distribution with the combination of precipitation gauges and it has recently developed its space weather forecasting system that will explain conditions on the sun. This Space Weather System is directly proportional to technological advancements; better technology advancement, will ensure more accurate information. This information on space weather conditions will help to reduce or avoid the impact of space weather on lives of people out there.
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