Weather Monitoring Systems Market by Size, Share, Forecasts, & Trends Analysis

‘Weather Monitoring Systems Market by Component (Solutions, Services), Monitoring Type (Temperature Monitoring, Humidity Monitoring, Air Quality), End-use Industry (Agriculture, Transportation), and Geography – Global Forecast to 2030,’ the weather monitoring systems market is expected to reach $4.49 billion by 2030, at a CAGR of 6.1% from 2023 to 2030.
Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5417?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=16-04-2024
The growth of this market is driven by the rising demand for weather forecasting services in the agriculture industry and the increased need for continuous weather monitoring to enable disaster management. In addition, the emergence of advanced technologies is expected to offer significant opportunities for the growth of this market. However, the high cost associated with weather monitoring solutions is expected to restrain the growth of this market.
The weather monitoring systems market is segmented based on component (solutions and services), range type (short-range and long-range), monitoring type (temperature monitoring, humidity monitoring, air quality, pressure monitoring, and other monitoring types), end-use industry (agriculture, transportation, media & telecommunication, government, renewable energy, and other end-use industry), and geography. The study also evaluates industry competitors and analyses the market at the country level.
Based on component, the weather monitoring systems market is segmented into solutions and services. In 2023, the solutions segment is estimated to account for the largest share of the weather monitoring systems market. Also, the segment is slated to register the highest CAGR during the forecast period. The growth of the segment is attributed to the increasing demand for sensors for monitoring weather conditions.