Global
Weather Radar Market Is Estimated To Witness High Growth Owing To Increasing
Demand For Accurate Weather Forecasting



The global Weather Radar Market is estimated to be valued at US$ 233.1 million
in 2019 and is expected to exhibit a CAGR of 4.92% over the forecast period
2020-2027, as highlighted in a new report published by Coherent Market Insights.



A) Market Overview:

Weather radar systems are used to detect and track precipitation, such as rain
and snow, as well as monitor severe weather conditions like tornadoes and
thunderstorms. These systems play a crucial role in providing accurate weather
forecasts, which are essential for various industries such as aviation,
agriculture, and transportation. Weather radar technology enables
meteorologists and weather experts to track weather patterns in real-time and
make informed decisions related to weather conditions.



B) Market Dynamics:

The two key drivers for the growth of the weather radar market are the
increasing demand for accurate weather forecasting and the rise in natural
disasters. With the increase in extreme weather events such as hurricanes,
floods, and wildfires, the need for accurate and timely weather information has
become imperative. Weather radar systems provide real-time data on
precipitation and severe weather conditions, assisting meteorologists in
issuing timely warnings and alerts. For example, Doppler weather radar systems
can detect the movement of storms and provide detailed information about their
intensity, speed, and direction.



Another driver for market growth is the growing adoption of weather radar
systems in various industries. In the aviation industry, weather radar systems
are used to detect and avoid hazardous weather conditions, ensuring safe and
efficient flight operations. In agriculture, these systems help farmers plan
their activities by providing information on rainfall patterns and weather
conditions. The transportation industry relies on weather radar systems to
monitor road and traffic conditions, enabling efficient management of road
networks.



C) Segment Analysis:

The market can be segmented based on product type, application, and region.
Based on the product type, the market is divided into ground-based weather
radar systems and airborne weather radar systems. The ground-based weather
radar systems segment dominates the market due to their widespread use and
large-scale installations. In terms of application, the market is segmented
into meteorology, aviation, agriculture, and others. The meteorology segment
holds the largest market share as weather radar systems are extensively used in
weather monitoring and forecasting activities.



D) PEST Analysis:

Political: Weather radar systems are subject to government regulations and
policies related to weather monitoring and aviation safety. Government
initiatives to improve weather forecasting capabilities and mitigate the impact
of natural disasters drive the market growth.

Economic: The economic conditions of a region impact the adoption of weather
radar systems. Developed countries with advanced infrastructure and higher
investment capabilities show greater adoption rates. However, the market is
also witnessing growth in emerging economies due to increasing government
investments in meteorological infrastructure.

Social: The increasing awareness about the importance of accurate weather
forecasting among the general population contributes to the growth of the
market. The demand for real-time weather updates and alerts is rising, driving
the adoption of weather radar systems.

Technological: Advances in radar technology, such as the use of
dual-polarization and phased array radar systems, have significantly improved
weather forecasting capabilities. Technological advancements also include the
integration of artificial intelligence and machine learning algorithms for more
accurate predictions.



E) Key Takeaways:

1. The global Weather
Radar Market Size is expected to witness high growth, exhibiting a CAGR
of 4.92% over the forecast period, due to increasing demand for accurate
weather forecasting and the rise in natural disasters.

2. In terms of regional analysis, North America is the fastest-growing and
dominating region in the market. The region has a well-established
meteorological infrastructure and advanced weather radar systems, contributing
to market growth.

3. Key players operating in the global Weather Radar Market include Furuno
Electric Co., Ltd, EWR Weather Radar, Honeywell International Inc, Selex ES
Gmbh, Beijing Metstar Radar Corporation Ltd., Vaisala, Garmin International
Ltd, Glarun Technology Co., Ltd., AERODATA, Inc, and Anhui Sun Create
Electronics Co. Ltd. These players focus on product innovation and strategic
partnerships to maintain their market positions.



In conclusion, the global Weather Radar Market is poised for significant growth
due to the increasing demand for accurate weather forecasting and the rise in
natural disasters. Weather radar systems play a critical role in providing
real-time weather data and assisting various industries in making informed
decisions. The market is expected to expand with advancements in radar
technology and increasing investments in meteorological infrastructure.