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Weather Forecasting Services Market by Industry (Renewable Energy, Oil & Gas, Shipping, Media, Agriculture, Insurance, Retail, Aviation), Purpose (Safety, Operational Efficiency), Forecasting Type (Short, Medium, Long) and Region - Global Forecast to 2021

Weather Forecasting Services Market by Industry (Renewable Energy, Oil & Gas, Shipping, Media, Agriculture, Insurance, Retail, Aviation), Purpose (Safety, Operational Efficiency), Forecasting Type (Short, Medium, Long) and Region - Global Forecast to 2021

“Increasing demand for more reliable and accurate weather forecast is a major factor driving the weather forecasting services market globally’’
The weather forecasting services market is projected to grow from USD 1.10 billion in 2016 to USD 1.56 billion by 2021, at a CAGR of 7.15% during the forecast period. Factors such as rapid industrialization, growth in transportation (aviation and shipping), and constant measures to reduce greenhouse gas emissions, and increase in production of clean energy (renewable energy) are influencing the growth of the weather forecasting services market. Main functions of weather forecasting services include issuing disaster warnings, giving information to optimize operations, and increasing the efficiency of industries, which extensively rely on weather for operations. However, aspects such as complex process of forecasting and uncertainty of forecasts may limit its market growth.

”Based on industry, the renewable energy segment is expected to grow at the highest CAGR during the forecast period”
Based on industry, the renewable energy segment is projected to grow at the highest CAGR during the forecast period. Governments are deploying renewable energy power plants efficiently to supplement energy requirements of countries, thereby reducing emission of greenhouse gases and contributing to clean energy. These factors have fueled the growth of renewable energy industries.

“Based on forecast type, the medium range segment is expected to grow at the highest rate during the forecast period”
Based on forecast type, the medium range segment is projected to lead the weather forecasting services market during the forecast period. New developments such as advance data analytics and machine learning techniques of computers have increased accuracy and reliability of forecasts over medium range. These technological advancements have fueled the growth of the weather forecasting services market for medium range.

The weather forecasting services market in APAC is projected to grow at the highest rate during the forecast period
The weather forecasting services market in Asia-Pacific is estimated to account for the largest market share in 2016. The weather forecasting services market in Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period. Factors such as growth of air & sea transport, dependency on rainfall for water, improving economic conditions in the Asia-Pacific region, and increasing concerns for safety & security are expected to drive the Asia-Pacific weather forecasting services market.

Break-up of primary interviews conducted for research study:
By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
By Designation – C level – 35%, Director level – 25%, and Others – 40%
By Region – North America - 45%, Europe – 30%, APAC – 20%, RoW – 5%
Key players in the weather forecasting services market are StormGeo (Norway), The Weather Company (U.S.), Fugro (Netherlands), and ENAV S.p.A (Europe), among others.

Research Coverage:
The weather forecasting services market has been segmented on the basis of industry, forecasting type, and purpose. Based on industry, the weather forecasting services market has been divided into renewable energy, shipping, oil & gas, media, aviation, utilities, retail, agriculture, insurance, and others. Based on purpose, the weather forecasting services market has been divided into operational efficiency, safety, and others. On the basis of forecast type, the market has been classified into short range, medium range, and long range.

Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis —industry analysis (industry trends, market share analysis of top players, value chain analysis, and company profiles), which together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the weather forecasting services market, high-growth regions and countries, with market drivers, restraints, and opportunities.

The report provides insights into the following pointers:
Market Penetration: Comprehensive information on weather forecast offered by top 10 players in the weather forecasting services market

Product Development/Innovation: Detailed insights on research & development activities and new product launches in the weather forecasting services market

Market Development: Comprehensive information about emerging markets - the report analyzes the weather forecasting services market across regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the weather forecasting services market

Competitive Assessment: In-depth assessment of market shares, strategies, and products of leading players in the weather forecasting services market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • STUDY LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • RESEARCH METHODOLOGY - 1
      • RESEARCH METHODOLOGY - 2
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN WEATHER FORECASTING SERVICES MARKET
    • WEATHER FORECASTING SERVICES MARKET, BY INDUSTRY
    • WEATHER FORECASTING SERVICES MARKET, BY PURPOSE
    • ASIA-PACIFIC WEATHER FORECASTING SERVICES MARKET
    • WEATHER FORECASTING SERVICES MARKET, BY FORECASTING TYPE
    • WEATHER FORECASTING SERVICES MARKET, BY REGION
    • LIFE CYCLE ANALYSIS
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • WEATHER FORECASTING SERVICES MARKET, BY INDUSTRY
      • WEATHER FORECASTING SERVICES MARKET, BY PURPOSE
      • WEATHER FORECASTING SERVICES MARKET, BY FORECASTING TYPE
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
        • Table ONGOING AIRPORT EXPANSION PROJECTS IN THE MIDDLE EAST
        • Table ONGOING AIRPORT EXPANSION PROJECTS IN ASIA-PACIFIC
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • KEY INFLUENCERS
    • INDUSTRY TRENDS
      • USE OF WEATHER BALLOONS TO FORECAST WEATHER
      • WEATHER DRONES
      • SUPERCOMPUTERS FOR WEATHER FORECAST
      • DEVELOPMENT OF COMPUTER MODELS WITH FASTER PROCESSORS
      • EMERGENCE OF NEXT GENERATION RADAR TECHNOLOGY
  • WEATHER FORECASTING SERVICES MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • RENEWABLE ENERGY
      • SHIPPING
      • AVIATION
      • MEDIA
      • OIL & GAS
      • AGRICULTURE
      • UTILITIES
      • INSURANCE
      • RETAIL
  • WEATHER FORECASTING SERVICES MARKET, BY PURPOSE
    • INTRODUCTION
    • INDUSTRIES USING WEATHER FORECASTING SERVICES (WFS) FOR SAFETY:
    • INDUSTRIES USING WEATHER FORECASTING SERVICES (WFS) TO ENHANCE THEIR OPERATIONAL EFFICIENCY:
    • INDUSTRIES USING WEATHER FORECASTING SERVICES (WFS) FOR OTHER PURPOSES:
      • Table WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
  • WEATHER FORECASTING SERVICES MARKET, BY FORECASTING TYPE
    • INTRODUCTION
      • Table WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
    • SHORT RANGE FORECASTING
    • MEDIUM RANGE FORECASTING
    • LONG RANGE FORECASTING
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table WEATHER FORECASTING SERVICES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • BY INDUSTRY
        • Table NORTH AMERICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • BY PURPOSE
        • Table NORTH AMERICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
      • BY FORECASTING TYPE
        • Table NORTH AMERICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.S.: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table U.S.: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table U.S.: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table CANADA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table CANADA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table CANADA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
    • EUROPE
      • BY INDUSTRY
        • Table EUROPE: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • BY PURPOSE
        • Table EUROPE: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
      • BY FORECASTING TYPE
        • Table EUROPE: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: WEATHER FORECASTING SERVICES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.K.: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table U.K.: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table U.K.: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table GERMANY: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table GERMANY: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table GERMANY: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table FRANCE: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table FRANCE: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table FRANCE: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • BY INDUSTRY
        • Table ASIA-PACIFIC: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • BY PURPOSE
        • Table ASIA-PACIFIC: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
      • BY FORECASTING TYPE
        • Table ASIA-PACIFIC: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: WEATHER FORECASTING SERVICES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table CHINA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table CHINA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table CHINA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table INDIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table INDIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table INDIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table JAPAN: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table JAPAN: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table JAPAN: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & NORTH AFRICA
      • BY INDUSTRY
        • Table MIDDLE EAST & NORTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • BY PURPOSE
        • Table MIDDLE EAST & NORTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
      • BY FORECASTING TYPE
        • Table MIDDLE EAST & NORTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & NORTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table UAE: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table UAE: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table UAE: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table TURKEY: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table TURKEY: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table TURKEY: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table EGYPT: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table EGYPT: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table EGYPT: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
    • REST OF THE WORLD
      • BY INDUSTRY
        • Table REST OF THE WORLD: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
      • BY PURPOSE
        • Table REST OF THE WORLD: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
      • BY FORECASTING TYPE
        • Table REST OF THE WORLD: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table REST OF THE WORLD: WEATHER FORECASTING SERVICES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table BRAZIL: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY INDUSTRY, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY PURPOSE, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: WEATHER FORECASTING SERVICES MARKET SIZE, BY FORECASTING TYPE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANK ANALYSIS
    • REVENUE MODELS IN THE WEATHER FORECASTING SERVICES MARKET
      • STORMGEO REVENUE MODEL
      • FUGRO REVENUE MODEL
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2016
      • MERGERS & ACQUISITIONS, PARTNERSHIPS, &AGREEMENTS
        • Table MERGERS & ACQUISITIONS, PARTNERSHIPS, &AGREEMENTS, 2015 - 2016
      • EXPANSIONS
        • Table EXPANSIONS, 2014
      • SUPPLY CONTRACTS
        • Table SUPPLY CONTRACTS, 2015 - 2016
  • COMPANY PROFILES
    • INTRODUCTION
    • STORMGEO
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BMT GROUP LTD.
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FUGRO
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • ENAV S.P.A.
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • METEOSIM SL
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • METEO-LOGIC
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • SKYMET WEATHER SERVICES PVT. LTD.
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • SKYVIEW SYSTEMS LTD.
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • GLOBAL WEATHER CORPORATION
      • OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • MET OFFICE
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • METEOGROUP
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • PRECISION WEATHER
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
    • THE WEATHER COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • METEOBLUE
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
    • ACCUWEATHER, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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