Global Wind and Solar Power Forecasting Services Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Wind and Solar Power Forecasting Services market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

Wind and solar power forecasting services are specialized solutions that provide accurate predictions of the electricity production or output from wind turbines and solar photovoltaic (PV) systems. These services use a combination of meteorological data, historical performance data, and advanced modeling techniques to forecast the expected generation of renewable energy from wind and solar sources. The primary purpose of these forecasting services is to assist grid operators, utilities, and energy producers in effectively managing the integration of variable renewable energy sources into the power grid.

Key aspects of wind and solar power forecasting services include:

Data Integration: These services integrate various sources of data, including real-time weather data, historical power generation data, and data from the renewable energy assets themselves. This data is used to make accurate forecasts.

Meteorological Data: Wind and solar power forecasting services rely heavily on meteorological data, including wind speed, wind direction, solar radiation, cloud cover, temperature, and other weather-related parameters.

Machine Learning and Models: Advanced forecasting models, such as numerical weather prediction models and machine learning algorithms, are employed to analyze historical data and make predictions about future renewable energy generation.

Spatial and Temporal Resolution: The services provide forecasts at various spatial and temporal resolutions, from short-term forecasts (a few hours ahead) to longer-term forecasts (several days ahead). High-resolution forecasts are essential for grid integration.

Wind and solar power forecasting services play a critical role in facilitating the integration of renewable energy into the electricity grid. They help grid operators balance supply and demand, reduce the need for backup power generation, and improve the overall reliability of the grid. Accurate forecasts also support the efficient use of renewable energy resources and contribute to the economic viability of wind and solar energy projects.



This report is a detailed and comprehensive analysis for global Wind and Solar Power Forecasting Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Wind and Solar Power Forecasting Services market size and forecasts, in consumption value ($ Million), 2020-2031

Global Wind and Solar Power Forecasting Services market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Wind and Solar Power Forecasting Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Wind and Solar Power Forecasting Services market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Wind and Solar Power Forecasting Services

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Wind and Solar Power Forecasting Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Vaisala, DTU Wind Energy, NREL, NRG Systems, Reuniwatt, Deutscher Wetterdienst, AccuWeather, Weathernews, Aphelion, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Wind and Solar Power Forecasting Services market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Short-term Forecasts (A Few Hours Ahead)
Longer-term Forecasts (Several Days Ahead)

Market segment by Application
Energy Providers
Power Traders
Grid Operators

Market segment by players, this report covers
IBM
Vaisala
DTU Wind Energy
NREL
NRG Systems
Reuniwatt
Deutscher Wetterdienst
AccuWeather
Weathernews
Aphelion
Energy Meteo Systems

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Wind and Solar Power Forecasting Services product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Wind and Solar Power Forecasting Services, with revenue, gross margin, and global market share of Wind and Solar Power Forecasting Services from 2020 to 2025.

Chapter 3, the Wind and Solar Power Forecasting Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Wind and Solar Power Forecasting Services market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Wind and Solar Power Forecasting Services.

Chapter 13, to describe Wind and Solar Power Forecasting Services research findings and conclusion.