Weather forecasting plays an important role in our daily lives. Using forecast equipment and technology, meteorologists can predict upcoming weather patterns.
What exactly is weather forecasting? In the most basic sense, it's the application of science, equipment and technology to predict atmospheric changes at one or more locations. Weather forecasting isn't a new application. Rather, it's been around for centuries, dating back to the dawn of mankind. Up in recently, though, it's been largely inaccurate.
In the early-to-mid 1800s, the electric telegraph was invented, which marked a new era for weather forecasting. Previously, weather reports could only travel at a speed of 100 miles per day, although the more common speed for such travel was between 40 and 75 miles per day. This greatly restricted the ability of cities and governments to notify other areas of weather patterns. With the telegraph, however, such transmission of weather news would be done without these restraints.
According to the Global Weather Forecasting System Market Analysis & Opportunity Outlook 2021 report by Research Nester, the global weather forecasting system market is expected to grow at a compound annual growth rate (CAGR) of 7.5% through the forecast period. So, what's fueling this growth? The report provides a detailed and comprehensive list of market drivers, although one of the strongest factors attributed to this growth is the use of global weather forecasting systems in the transportation sector in India and China.
As explained in this report, storms and cloud bursts are a major concern for developed countries. With weather forecasting tools, however, countries can predict when this phenomenon will occur.
The Weather Forecasting Systems Market by End User (Agriculture, Energy, & Others), by Equipment (Barometer, Hygrometer, & Others), by Component (Data Loggers, Sensors, & Others), by System Type, by Forecast Type, and by Geography - Global Forecast to 2020 report by Markets and Markets is a second comprehensive report on the weather forecasting systems market. According to this report, the energy segment will experience the highest growth during the respective forecast period. The report segments the weather forecasting market by components, communications, software, and hardware, each of which is scrutinised in detail. Geographically, the report divides the market into North America, Europe, Asia-Pacific, and the rest of the world. The North American region is expected to capture the largest share of the market -- a trend that will likely continue in the years to come. For complete details on the weather forecasting market, check out these two reports.
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