A weather monitoring system is a small meteorological device used to measure and display atmospheric conditions through several weather sensors. Weather monitoring systems gather information about temperature, humidity, wind speed and direction, rainfall, UV index, and solar radiation from different locations for weather forecasting purposes. A weather station is associated with several benefits, such as providing real-time weather data and offering real-time alerts on weather forecast conditions.
Vaisala, Campbell Scientific, Columbia Weather System, Pulsonic, and Airmar Technology- Prominent Market Participants in Weather Monitoring Market.
Moreover, the increasing deployment of solar and wind plants globally due to the wide adoption of renewable energy is further driving the market growth. The energy & power sector significantly depends on weather and climate variability. The energy & power sector has diverse requirements for meteorological services to support decision-making for both day-to-day operations and longer-term strategic planning. The weather monitoring system measures real-time data such as air pressure, humidity, and temperature, wind speed in the energy & power sector. The weather monitoring system is one of the most crucial instruments installed in energy plants and solar PV power plants.
The global weather monitoring system market is also benefiting from leading manufacturers. Weather monitoring and disaster management go hand in hand. The rising demand for continuous monitoring of hazardous parameters to avoid the losses occurred by weather is driving the market growth. National Meteorological and Hydrological Services (NMHSs) play an essential role in disaster reduction worldwide by delivering public weather services, such as weather forecasts, early warnings about hazardous weather, and collaboration with disaster relief organizations for minimizing the loss of life and property. To minimize the loss of weather hazards, many governments partner with market players and invest in weather monitoring systems by starting programs related to the weather forecast. For instance, in 2020, to manage weather hazard risk Chinese government expanded its weather modification program to 2025 to cover an area. These factors are driving the market growth.
The top five key players operating in the global weather monitoring system market are Vaisala, Campbell Scientific, Columbia Weather System, Pulsonic, Airmar Technology Corporation in 2020. The market is mildly fragmented with several prominent players catering to domestic and international demand. These companies operating have major end-markets such as meteorology, energy and power, and aviation among others. The listing of five key players based on a common criterion such as revenue is not feasible. Hence, we have derived this listing of “Key Five Players” in the global weather monitoring system by giving weightage to the following key parameters: overall revenue, segmental revenue, brand image & industry experience, current product portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market-related activities. The market potential industry is accelerated by the adoption of automated weather stations. The agriculture farms considered in the other segments will show the highest growth during the forecast period owing to the installation of weather stations in developing nations.
Year | Development | Region |
2022 | Vaisala acquired US-based Whether or Knot, LLC (dba AerisWeather), it is a subscription-based software company that provides weather and environmental information. | Europe |
2021 | Vaisala announced an agreement with TomTom, to bring actionable road weather data and accurate insights to the TomTom Hazard Warnings service. | Europe |