Uploaded on Mar 20, 2025
The Weather Forecasting Systems Market Size is projected to grow from USD 2.2 billion in 2024 to reach USD 3.1 billion by 2029, at a CAGR of 7.0%. By volume, the market is projected to grow from 189,554 (units) in 2024 to 285,961 (units) by 2029. This growth can be attributed to the rising need for weather monitoring and forecasting systems to support local, regional, and global disaster management. There has been a rise in the development of weather satellites in the past 4-5 years for enhanced and accurate global weather forecasting. The launch of these satellites is further driven by technological advancements, increasing investments, and government support. Besides, the growing need for precise weather predictions due to the rising demand for advanced weather systems in the agricultural, aviation, renewable energy, and public safety sectors has also helped this development. Continuous innovation in sensor technology, data analytics, and computational power significantly enhances the accuracy and efficiency of weather forecasting systems. All these factors are expected to drive the growth of the Weather Forecasting Systems Industry.
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