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Meteorological Devices Market Size, Industry Analysis Report By Equipment Type (Anemometer, Hygrometer, Thermometer, Barometer, Pyrometer, Ceilometer, Rain Gauge), By End use Type (Research Institutes, Power Industry, Chemical Industry, Biotechnical Industry, Weather Stations, Environmental Study) & Region Forecasts

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  • : Aug, 2020

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Market Overview

The global Meteorological Devices market was valued at USD 2.45 billion in 2022 and expected to grow at a CAGR of 5.8% during the forecast period. Meteorological devices are instruments used for measuring various weather parameters such as temperature, humidity, wind speed and direction, atmospheric pressure, precipitation, and solar radiation. They are used in meteorology, climatology, agriculture, aviation, and many other fields.

Here is an overview of some commonly used meteorological devices:

Thermometer - Measures temperature using various methods such as mercury, alcohol, or digital sensors.

Hygrometer - Measures humidity in the air, using methods like a hair hygrometer or a dew-point hygrometer.

Barometer - Measures atmospheric pressure using either mercury or aneroid methods.

Anemometer - Measures wind speed and direction.

Wind vane - Indicates the direction from which the wind is blowing.

Rain gauge - Measures the amount of precipitation such as rain or snowfall.

Pyranometer - Measures the amount of solar radiation received on a flat surface.

Ceilometer - Measures the height of the base of clouds.

Radiosonde - A small weather sensor package lifted into the atmosphere by a balloon to measure upper atmospheric conditions.

Weather radar - Uses radio waves to detect precipitation and estimate its motion, location and intensity.

The meteorological devices market is driven by a variety of factors such as growing awareness about weather forecasting and monitoring, increased government investment in weather monitoring systems, and advancements in sensor technology. Here are some of the key market dynamics influencing the meteorological devices market:

Growing Demand for Accurate Weather Forecasts: With increasing climate change, natural disasters such as floods, hurricanes, and wildfires are becoming more common. Accurate weather forecasts are crucial for disaster management and mitigation efforts, which has led to an increased demand for meteorological devices.

Government Initiatives: Governments around the world are investing in meteorological infrastructure to improve weather forecasting and monitoring. For example, the World Meteorological Organization (WMO) has launched the Global Framework for Climate Services (GFCS), which aims to improve the availability and use of climate services worldwide.

Advancements in Sensor Technology: The development of new and improved sensors for measuring weather parameters has led to more accurate and reliable meteorological devices. For example, the use of Doppler radar has improved the accuracy of wind speed and direction measurements.

High Cost: Meteorological devices can be expensive, which can limit their adoption in some markets. However, advancements in technology have led to more affordable options, making meteorological devices more accessible.

Increasing Demand for Renewable Energy: The growing demand for renewable energy sources such as wind and solar power has increased the need for accurate weather forecasting and monitoring. Meteorological devices are used to optimize energy production and minimize downtime due to weather events.

Report Scope

Report Attributes

Description

Market Size in 2022

USD 2.45 Billion

Market Forecast in 2031

USD 4.12 Billion

CAGR % 2023-2031

5.8%

Base Year

2022

Historic Data

2019-2021

Forecast Period

2023-2031

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Equipment Type (Anemometer, Hygrometer, Thermometer, Barometer, Pyrometer, Ceilometer, Rain Gauge), By End use Type (Research Institutes, Power Industry, Chemical Industry, Biotechnical Industry, Weather Stations, Environmental Study)

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Airmar Technology Corp., All Weather, Inc., Campbell Scientific, Inc., Columbia Weather Systems, Inc., Felix Technology Inc., G. Lufft Mess- und Regeltechnik GmbH, Microteknik

Impact of COVID

The COVID-19 pandemic has had a mixed impact on the meteorological devices market. Here are some of the ways in which the pandemic has affected the market:

Disruption in Supply Chain: The pandemic has disrupted supply chains worldwide, leading to delays in the production and delivery of meteorological devices. Many manufacturers have faced shortages of raw materials and components, which has affected their ability to meet demand.

Increased Demand for Weather Monitoring: The pandemic has led to an increased demand for weather monitoring, especially in areas where the spread of the virus is higher. Accurate weather forecasts are important for managing public health risks and ensuring the safety of individuals in affected areas.

Reduced Government Spending: The pandemic has forced many governments to reduce their spending on non-essential projects, including meteorological infrastructure. As a result, some projects related to weather forecasting and monitoring have been postponed or canceled.

Shift Towards Remote Monitoring: The pandemic has accelerated the shift towards remote monitoring and data collection. This has led to an increased demand for sensors and other devices that can be operated remotely, such as unmanned weather stations.

Growing Demand for Renewable Energy: The pandemic has led to an increased demand for renewable energy sources such as wind and solar power. This has created opportunities for meteorological device manufacturers as accurate weather data is essential for optimizing energy production.

Overall, while the pandemic has had a negative impact on the meteorological devices market in some ways, it has also created opportunities for manufacturers to innovate and adapt to changing market conditions.

Equipment Type Insights

Anemometers: Anemometers are used to measure wind speed and direction. They are widely used in meteorology, aviation, and agriculture. According to a recent report, anemometers accounted for the largest market share in 2022, due to the growing demand for renewable energy sources and the need for accurate wind data for wind energy production.

Hygrometers: Hygrometers are used to measure humidity in the air. They are commonly used in agriculture, pharmaceuticals, and building construction. According to the same report, hygrometers accounted for the second-largest market share in 2022, due to the increasing demand for accurate humidity data for various applications.

Thermometers: Thermometers are used to measure temperature using various methods such as mercury, alcohol, or digital sensors. They are widely used in weather forecasting and monitoring, as well as in healthcare and food processing industries. Thermometers accounted for a significant market share in 2022, due to their widespread use in various industries.

Barometers: Barometers are used to measure atmospheric pressure using either mercury or aneroid methods. They are commonly used in weather forecasting and aviation. Barometers accounted for a relatively smaller market share in 2022, due to their limited use in specific applications.

Pyrometers: Pyrometers are used to measure high temperatures, typically in industrial applications such as metalworking and glass manufacturing. Pyrometers accounted for a relatively smaller market share in 2022, due to their limited use in specific industries.

Ceilometers: Ceilometers are used to measure the height of the base of clouds. They are commonly used in aviation and weather forecasting. Ceilometers accounted for a relatively smaller market share in 2022, due to their limited use in specific applications.

Rain Gauges: Rain gauges are used to measure the amount of precipitation such as rain or snowfall. They are commonly used in agriculture and hydrology. Rain gauges accounted for a significant market share in 2022, due to their widespread use in various industries.

End-use Type Insights

Anemometers: Anemometers are used to measure wind speed and direction. They are widely used in meteorology, aviation, and agriculture. According to a recent report, anemometers accounted for the largest market share in 2022, due to the growing demand for renewable energy sources and the need for accurate wind data for wind energy production.

Hygrometers: Hygrometers are used to measure humidity in the air. They are commonly used in agriculture, pharmaceuticals, and building construction. According to the same report, hygrometers accounted for the second-largest market share in 2022, due to the increasing demand for accurate humidity data for various applications.

Thermometers: Thermometers are used to measure temperature using various methods such as mercury, alcohol, or digital sensors. They are widely used in weather forecasting and monitoring, as well as in healthcare and food processing industries. Thermometers accounted for a significant market share in 2022, due to their widespread use in various industries.

Barometers: Barometers are used to measure atmospheric pressure using either mercury or aneroid methods. They are commonly used in weather forecasting and aviation. Barometers accounted for a relatively smaller market share in 2022, due to their limited use in specific applications.

Pyrometers: Pyrometers are used to measure high temperatures, typically in industrial applications such as metalworking and glass manufacturing. Pyrometers accounted for a relatively smaller market share in 2022, due to their limited use in specific industries.

Ceilometers: Ceilometers are used to measure the height of the base of clouds. They are commonly used in aviation and weather forecasting. Ceilometers accounted for a relatively smaller market share in 2022, due to their limited use in specific applications.

Rain Gauges: Rain gauges are used to measure the amount of precipitation such as rain or snowfall. They are commonly used in agriculture and hydrology. Rain gauges accounted for a significant market share in 2022, due to their widespread use in various industries.

Regional Insights

North America: North America is the largest market for meteorological devices, accounting for a significant market share in 2022. The growth in this region is attributed to the increasing demand for weather forecasting and monitoring services, as well as the presence of several key players in the market.

Europe: Europe is the second-largest market for meteorological devices, accounting for a significant market share in 2022. The growth in this region is attributed to the increasing investments in renewable energy sources, environmental monitoring, and climate research.

Asia-Pacific: Asia-Pacific is the fastest-growing market for meteorological devices, with significant growth opportunities in countries such as China, Japan, and India. The growth in this region is attributed to the increasing demand for renewable energy sources, as well as the rising awareness about climate change and environmental monitoring.

Rest of the World (RoW): The RoW region includes Latin America, the Middle East, and Africa. This region is expected to witness significant growth opportunities in the coming years, due to the increasing investments in renewable energy sources and environmental monitoring activities.

Competitive Analysis

Some of the major companies operating within the market are Airmar Technology Corp., All Weather, Inc., Campbell Scientific, Inc., Columbia Weather Systems, Inc., Felix Technology Inc., G. Lufft Mess- und Regeltechnik GmbH, Microteknik. These players are focusing on product innovation, expansion, and partnerships to strengthen their market position and meet the growing demand for Meteorological Devices globally.

Recent News

In May 2022, Agri-startup firm Fasal has signed a pact with India Meteorological Department (IMD) for research collaboration on weather forecast models to make farming climate-smart.

Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

Business Model

Production Capacity, Revenue, Sales, Gross Margin

Key Business Strategy

SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

Company Share Analysis from 2018-2022

Company Analysis by Revenue and Sales

Company Production Capacity, Gross Margin

Company Share Analysis by Application/End Use

Company Share Analysis by Product/Specification

Frequently Asked Questions

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What is the COVID-19 impact on the market and how long will it take to recover?

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What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?


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