MarketsandMarkets Presents Publishing Date: August 2015 Weather Forecasting Services Market by Services (Climatology Services, Historic Weather Data, Lighting Tracker, Weather Warnings, 10 Day Forecast, Day to Day Forecast & Others) Industry (Aviation, Military, Government, Retailing, Insurance, Oil and Gas, Media, Marine & Others)
About our Report • The Weather forecasting services market is projected to register a CAGR of XX% (between 2016 and 2021) and is expected to reach a market size of $XX Billion by 2020. The North American region is the largest market for the weather forecasting services and is projected to retain this position over the next five years. This is because the region accounts for the highest demand of weather forecasting services across the globe. Climatology services has the highest demand in North America and driving the demand for weather forecasting services. • The key factors driving the weather forecasting services market include growth in Air & Sea Transport, Uncertainty of Rainfall, and Improving Economic Conditions in Asia-Pacific, Middle East, & Africa, Increasing Concerns for Safety & Security. On the other hand, Human Element Required in Forecasting, Occurrence of False Alarms are challenging the growth of weather forecasting services market.
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Company Coverage • MeteoGroup (U.S.) • Fugro (Netherlands) • ArabiaWeather Inc (Middle East) • Indian Meteorological Department (India) • National Centers for Environmental Information (U.S.)
Summary The weather forecasting services market has been analyzed in terms of value (USD Million) for six regions, namely, North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America. It has also been estimated based on its services, and industry. For this report, various secondary sources, such as directories, technical handbooks, company annual reports, industry association publications, chemical magazine articles, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study of the weather forecasting services market. The primary sources that include experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects and market estimations.
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