Aviation weather forecasting plays a very vital role in the operations of aircraft to and from various airports. Adverse weather conditions can affect both commercial and military flight operations, putting everyone on the flight in danger. Thus, the rapid change in climate, temperature, pressure and humidity difference between ground and the height at which airplanes fly is increasing the demand for aviation weather forecasting. Airport and airline operators are increasingly adopting new and technologically advanced weather detection, monitoring, and forecasting systems and solutions to ensure safety and proper flight operations. This, in turn, is increasing the demand for aviation weather forecasting systems and services across the globe.
Collins Aerospace, ENAV S.p.A., IBM Corporation, Vaisala, and Campbell Scientific, Inc. –Prominent Market Participants in Aviation Weather Forecasting System Market
The buyers of the aviation weather forecasting system market include commercial and military airport authorities and airline providers who are increasingly investing in the procurement of advanced weather forecasting systems. Owing to the limited supplier in the global market the bargaining power of buyers presently is moderate. However, with more and more players entering the market, the aviation weather forecasting system market will experience an increase in the number of suppliers which will increase the bargaining power of buyers over the forecast period.
The growing air passenger traffic worldwide is catalyzing the procurement of commercial aircraft fleets. To cater to the increasing passenger traffic and rising aircraft fleet, several countries that have large air traffic in terms of volume, such as China, India, Japan, the US, the UK, and Germany, have already made their plans for building new airports across their respective regions. For instance, in 2021, Melbourne International Airports started its renovation activities. Similarly, in November 2021, the construction of Western Sydney Airport also started. Also, according to several aviation sources, in 2021, seven of the top 10 expensive airport projects that entered the execution phase 2021 are in Asia. Such factors are expected to generate future opportunities for aviation weather forecasting systems and services during the forecast period across the Asia Pacific region.
The top five companies in the aviation weather forecasting system market are Collins Aerospace, ENAV S.p.A., IBM Corporation, Vaisala, and Campbell Scientific, Inc. The above listing of key players is derived by considering multiple factors such as overall market insights, dynamic trends, revenue, current general aviation portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. A few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| 2022 | The Argentine Air Navigation Company (Empresa Argentina de Navegación Aérea) completed the installation of three Automatic Weather Observation Systems (AWOS) at the airports of San Salvador de Jujuy, San Miguel de Tucumán and Salta, in northwestern Argentina. | South America |
| 2022 | Tinker Air Force Base announced that their Tinker Weather Flight was installed with a tactical meteorological observation system, TMQ-53 which helped to monitor conditions at the base. TMQ-53 is a portable, automated weather station which takes observations enabling flying missions around the world. | North America |
| 2022 | The Federal Aviation Administration has chosen seven companies for a potential US$ 271.9 million small business set-aside contract to provide augmentation or backup services to the agency’s automated aviation weather observing systems at U.S. airports. | North America |
