Global Road Weather Information Systems Market Analysis & Trends - Industry Forecast to 2028
Road Weather Information Systems: Market Size
The global Road Weather Information Systems market is expected to grow at a CAGR of 7.2% from 2020 - 2028 timeframe. Some of the prominent trends that the market is witnessing include origination of advanced information technologies, escalating advancements in weather sensing technology, and growing expenditure on sea, road, and railway transport.
Global Road Weather Information Systems Market: Market Dynamics
Reduced environmental pollution and reduced winter road maintenance costs are the key factors propelling the adoption of road weather information systems across the globe. In addition, these road weather information systems consist of advanced weather monitoring technology that record and communicate road weather information for road alerts and maintenance scheduling. This characteristic is highly contributing to the growth of road weather information systems market. The longstanding and deployment issues with ice and snow are the main factors which will hamper the expansion of the road weather information systems market.
Sensor technologies in road weather information systems to watch road weather are integrated in road weather information systems, which is that the latest trend within the road weather information systems market.
On the other hand, the high complexity in the deployment of road weather information systems is likely to obstruct the profit boundaries. In addition, adoption of emerging technologies like sensor technologies in road weather information systems, such as visibility sensors temperature sensors, and weather sensors will further boost for the Road Weather Information Systems market.
Impact of COVID-19 on Road Weather Information Systems
According to the World Meteorological Organization (WMO), the COVID-19 pandemic is negatively affecting the quantity and quality of road weather information and forecasts, as well as atmospheric and climate monitoring. The impact of COVID-19 pandemic on road weather information system may exacerbate multi-hazard risks at a single country level.
By End User
Railways Segment Dominate the Market in 2020
The railways segment made huge revenue in 2020 and growing its prominence during the forecast period. For the operation of the railway service weather information is needed that is related to a line section, specific warning levels have to be considered and automation is required to ensure that the person in charge receives the warning at the right time. And a selectively much higher resolution is needed than currently available. To fulfill these requirements for weather forecast, the railways need weather information system that provides four levels of weather forecast. The automated system ensures that the right person in charge receives the warning at the right time.
By Geography
North America Region is Leading in the Global Market Place
North America region is likely to have a huge demand in the forecast period owing to the introduction of advanced winter road weather information technologies by vendors, which is enhancing the raise of the road weather information systems market in the U.S. Severe cold weather experienced in North America boosts the adoption of road weather information systems. Government in the North America region is introducing advanced winter road weather information system technologies, which in turn is estimated to boost the road weather information system market in this region.
List of the Key Players Profiled in the Market Include:
• Airmar Technology Corp
• Amec Foster Wheeler
• Boschung America LLC
• Campbell Scientific
• CGS Labs
• Coral Sales Company
• CROSS Zlin, a.s
• Fathym, Inc
• High Sierra Electronics, Inc
• MeteoGroup
• Morcom International
• OneRain Incorporated
• Quixote Transportation Technologies, Inc
• Renaissance Technologies Inc
• Sutron Corporation
• Ubilabs
• Vaisala
List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others
- 1 Market Outline
- 1.1 Definition
- 1.2 Market Segmentation & Scope
- 1.3 Market Trends
- 1.4 Regulatory Factors
- 1.5 Product Analysis
- 1.6 Application Analysis
- 1.7 End User Analysis
- 1.8 Strategic Benchmarking
- 1.9 Opportunity Analysis
- 2 Executive Summary
- 3 Research Methodology and Data Source
- 3.1 Methodology/Research Approach
- 3.1.1 Research Programs/Design
- 3.1.2 Market Size Estimation
- 3.2 Data Source and Assumptions
- 3.2.1 Purchased Database
- 3.2.2 Company Repository
- 3.2.3 Secondary Sources
- 3.2.4 Primary Research
- 3.2.5 List of Assumptions
- 4 Market Overview
- 4.1 Current Trends
- 4.1.1 Origination of Advanced Information Technologies
- 4.1.2 Escalating Advancements in Weather Sensing Technology
- 4.1.3 Growing Expenditure on Sea, Road, and Railway Transport
- 4.1.4 Growth Opportunities/Investment Opportunities
- 4.2 Drivers
- 4.3 Constraints
- 4.4 Impact of COVID-19
- 5 Market Factor Analysis
- 5.1 Porters Five Forces
- 5.1.1 Bargaining power of suppliers
- 5.1.2 Bargaining power of buyers
- 5.1.3 Threat of substitutes
- 5.1.4 Threat of new entrants
- 5.1.5 Competitive rivalry
- 5.2 Value Chain Analysis/Supply Chain Analysis
- 6 Consumer behaviour analysis/Consumer Research
- 6.1 Consumer trends and preferences
- 6.2 Factors affecting buying decision
- 6.3 Consumer product adoption
- 6.4 Observation & Recommendations
- 7 Road Weather Information Systems Market, By Product
- 7.1 Communication Devices
- DATA TABLE Communication Devices Market Forecast to 2028 (US$ MN)
- 7.2 Monitoring Devices
- DATA TABLE Monitoring Devices Market Forecast to 2028 (US$ MN)
- 7.3 Mounting Hardware
- DATA TABLE Mounting Hardware Market Forecast to 2028 (US$ MN)
- 7.4 Weather System
- DATA TABLE Weather System Market Forecast to 2028 (US$ MN)
- 8 Road Weather Information Systems Market, By Component
- 8.1 Hardware
- DATA TABLE Hardware Market Forecast to 2028 (US$ MN)
- 8.1.1 Datalogger & Controllers
- DATA TABLE Datalogger & Controllers Market Forecast to 2028 (US$ MN)
- 8.1.2 Freezing-Rain and Ice Detectors
- DATA TABLE Freezing-Rain and Ice Detectors Market Forecast to 2028 (US$ MN)
- 8.1.3 Road Weather and Surface Condition Sensors
- DATA TABLE Road Weather and Surface Condition Sensors Market Forecast to 2028 (US$ MN)
- 8.1.4 Visibility Sensors
- DATA TABLE Visibility Sensors Market Forecast to 2028 (US$ MN)
- 8.1.5 Weather Sensors
- DATA TABLE Weather Sensors Market Forecast to 2028 (US$ MN)
- 8.2 Services
- DATA TABLE Services Market Forecast to 2028 (US$ MN)
- 8.3 Software
- DATA TABLE Software Market Forecast to 2028 (US$ MN)
- 8.3.1 Real Time Monitor & Control (RTMC) Software
- DATA TABLE Real Time Monitor & Control (RTMC) Software Market Forecast to 2028 (US$ MN)
- 8.3.2 Real Time Monitor & Control (RTMC) Web Servers
- DATA TABLE Real Time Monitor & Control (RTMC) Web Servers Market Forecast to 2028 (US$ MN)
- 8.3.3 Road Decision Support System (DSS) Weather Manager
- DATA TABLE Road Decision Support System (DSS) Weather Manager Market Forecast to 2028 (US$ MN)
- 8.3.4 Road Weather Information Systems (RWIS)
- DATA TABLE Road Weather Information Systems (RWIS) Market Forecast to 2028 (US$ MN)
- 9 Road Weather Information Systems Market, By Application
- 9.1 Climate Change Tracking
- DATA TABLE Climate Change Tracking Market Forecast to 2028 (US$ MN)
- 9.2 Emergency Management
- DATA TABLE Emergency Management Market Forecast to 2028 (US$ MN)
- 9.3 Low-Visibility Warning Systems
- DATA TABLE Low-Visibility Warning Systems Market Forecast to 2028 (US$ MN)
- 9.4 Route-based Forecasting
- DATA TABLE Route-based Forecasting Market Forecast to 2028 (US$ MN)
- 10 Road Weather Information Systems Market, By End User
- 10.1 Aerospace and Defense
- DATA TABLE Aerospace and Defense Market Forecast to 2028 (US$ MN)
- 10.2 Agriculture
- DATA TABLE Agriculture Market Forecast to 2028 (US$ MN)
- 10.3 Construction
- DATA TABLE Construction Market Forecast to 2028 (US$ MN)
- 10.4 Oil and Gas
- DATA TABLE Oil and Gas Market Forecast to 2028 (US$ MN)
- 10.5 Railways
- DATA TABLE Railways Market Forecast to 2028 (US$ MN)
- 11 Road Weather Information Systems Market, By Geography
- 11.1 North America
- DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN)
- 11.1.1 US
- 11.1.2 Canada
- 11.1.3 Mexico
- 11.2 Europe
- DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN)
- 11.2.1 Germany
- 11.2.2 U.K
- 11.2.3 Italy
- 11.2.4 France
- 11.2.5 Spain
- 11.2.6 Rest of Europe
- 11.3 Asia Pacific
- DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN)
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 Australia
- 11.3.5 New Zealand
- 11.3.6 Rest of Asia Pacific
- 11.4 Middle East
- DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN)
- 11.4.1 Saudi Arabia
- 11.4.2 UAE
- 11.4.3 Rest of Middle East
- 11.5 Latin America
- DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN)
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Rest of Latin America
- 11.6 Rest of the World (RoW)
- DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN)
- 11.6.1 South Africa
- 11.6.2 Others
- 12 Key Player Activities
- 12.1 Acquisitions & Mergers
- 12.2 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.3 Product Launch & Expansions
- 12.4 Other Activities
- 13 Leading Companies
- 13.1 Airmar Technology Corp
- 13.2 Amec Foster Wheeler
- 13.3 Boschung America LLC
- 13.4 Campbell Scientific
- 13.5 CGS Labs
- 13.6 Coral Sales Company
- 13.7 CROSS Zlin, a.s
- 13.8 Fathym, Inc
- 13.9 High Sierra Electronics, Inc
- 13.10 MeteoGroup
- 13.11 Morcom International
- 13.12 OneRain Incorporated
- 13.13 Quixote Transportation Technologies, Inc
- 13.14 Renaissance Technologies Inc
- 13.15 Sutron Corporation
- 13.16 Ubilabs
- 13.17 Vaisala
- List of Tables
- Table 1 Global Road Weather Information Systems Market By Region, Market Forecast (2018-2028) (US $MN)
- Table 2 Global Road Weather Information Systems Market By Product, Market Forecast (2018-2028) (US $MN)
- Table 3 Global Road Weather Information Systems Market By Communication Devices, Market Forecast (2018-2028) (US $MN)
- Table 4 Global Road Weather Information Systems Market By Monitoring Devices, Market Forecast (2018-2028) (US $MN)
- Table 5 Global Road Weather Information Systems Market By Mounting Hardware, Market Forecast (2018-2028) (US $MN)
- Table 6 Global Road Weather Information Systems Market By Weather System, Market Forecast (2018-2028) (US $MN)
- Table 7 Global Road Weather Information Systems Market By Component, Market Forecast (2018-2028) (US $MN)
- Table 8 Global Road Weather Information Systems Market By Hardware, Market Forecast (2018-2028) (US $MN)
- Table 9 Global Road Weather Information Systems Market By Datalogger & Controllers, Market Forecast (2018-2028) (US $MN)
- Table 10 Global Road Weather Information Systems Market By Freezing-Rain and Ice Detectors, Market Forecast (2018-2028) (US $MN)
- Table 11 Global Road Weather Information Systems Market By Road Weather and Surface Condition Sensors, Market Forecast (2018-2028) (US $MN)
- Table 12 Global Road Weather Information Systems Market By Visibility Sensors, Market Forecast (2018-2028) (US $MN)
- Table 13 Global Road Weather Information Systems Market By Weather Sensors, Market Forecast (2018-2028) (US $MN)
- Table 14 Global Road Weather Information Systems Market By Services, Market Forecast (2018-2028) (US $MN)
- Table 15 Global Road Weather Information Systems Market By Software, Market Forecast (2018-2028) (US $MN)
- Table 16 Global Road Weather Information Systems Market By Real Time Monitor & Control (RTMC) Software, Market Forecast (2018-2028) (US $MN)
- Table 17 Global Road Weather Information Systems Market By Real Time Monitor & Control (RTMC) Web Servers, Market Forecast (2018-2028) (US $MN)
- Table 18 Global Road Weather Information Systems Market By Road Decision Support System (DSS) Weather Manager, Market Forecast (2018-2028) (US $MN)
- Table 19 Global Road Weather Information Systems Market By Road Weather Information Systems (RWIS), Market Forecast (2018-2028) (US $MN)
- Table 20 Global Road Weather Information Systems Market By Application, Market Forecast (2018-2028) (US $MN)
- Table 21 Global Road Weather Information Systems Market By Climate Change Tracking, Market Forecast (2018-2028) (US $MN)
- Table 22 Global Road Weather Information Systems Market By Emergency Management, Market Forecast (2018-2028) (US $MN)
- Table 23 Global Road Weather Information Systems Market By Low-Visibility Warning Systems, Market Forecast (2018-2028) (US $MN)
- Table 24 Global Road Weather Information Systems Market By Route-based Forecasting, Market Forecast (2018-2028) (US $MN)
- Table 25 Global Road Weather Information Systems Market By End User, Market Forecast (2018-2028) (US $MN)
- Table 26 Global Road Weather Information Systems Market By Aerospace and Defense, Market Forecast (2018-2028) (US $MN)
- Table 27 Global Road Weather Information Systems Market By Agriculture, Market Forecast (2018-2028) (US $MN)
- Table 28 Global Road Weather Information Systems Market By Construction, Market Forecast (2018-2028) (US $MN)
- Table 29 Global Road Weather Information Systems Market By Oil and Gas, Market Forecast (2018-2028) (US $MN)
- Table 30 Global Road Weather Information Systems Market By Railways, Market Forecast (2018-2028) (US $MN)
- NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.