“Increasing demand for more reliable and accurate weather forecast is a major factor driving the weather forecasting services market globally’’
The weather forecasting services market is projected to grow from USD 1.10 billion in 2016 to USD 1.56 billion by 2021, at a CAGR of 7.15% during the forecast period. Factors such as rapid industrialization, growth in transportation (aviation and shipping), and constant measures to reduce greenhouse gas emissions, and increase in production of clean energy (renewable energy) are influencing the growth of the weather forecasting services market. Main functions of weather forecasting services include issuing disaster warnings, giving information to optimize operations, and increasing the efficiency of industries, which extensively rely on weather for operations. However, aspects such as complex process of forecasting and uncertainty of forecasts may limit its market growth.
Research Coverage:
The weather forecasting services market has been segmented on the basis of industry, forecasting type, and purpose. Based on industry, the weather forecasting services market has been divided into renewable energy, shipping, oil & gas, media, aviation, utilities, retail, agriculture, insurance, and others. Based on purpose, the weather forecasting services market has been divided into operational efficiency, safety, and others. On the basis of forecast type, the market has been classified into short range, medium range, and long range.
The weather forecasting services market has been segmented on the basis of industry, forecasting type, and purpose. Based on industry, the weather forecasting services market has been divided into renewable energy, shipping, oil & gas, media, aviation, utilities, retail, agriculture, insurance, and others. Based on purpose, the weather forecasting services market has been divided into operational efficiency, safety, and others. On the basis of forecast type, the market has been classified into short range, medium range, and long range.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis — industry analysis (industry trends, market share analysis of top players, value chain analysis, and company profiles), which together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the weather forecasting services market, high-growth regions and countries, with market drivers, restraints, and opportunities.
From an insight perspective, this research report has focused on various levels of analysis — industry analysis (industry trends, market share analysis of top players, value chain analysis, and company profiles), which together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the weather forecasting services market, high-growth regions and countries, with market drivers, restraints, and opportunities.
Table of Contents
1 INTRODUCTION 14
2 RESEARCH METHODOLOGY 18
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 35
5 MARKET OVERVIEW 39
6 INDUSTRY TRENDS 50
7 WEATHER FORECASTING SERVICES MARKET, BY INDUSTRY 56
8 WEATHER FORECASTING SERVICES MARKET, BY PURPOSE 63
9 WEATHER FORECASTING SERVICES MARKET, BY FORECASTING TYPE 66
10 REGIONAL ANALYSIS 69
11 COMPETITIVE LANDSCAPE 113
12 COMPANY PROFILES 122
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