The weather monitoring systems market is expected to reach $4.49 billion by 2030, expanding at a CAGR of 6.1% from 2023 to 2030. This growth is driven by the increasing need for weather forecasting services in agriculture and the growing demand for continuous weather monitoring to support disaster management efforts. The advent of advanced technologies is likely to create significant opportunities for the market, although the high costs associated with weather monitoring solutions may limit growth.
Component Segmentation:
The market is divided into solutions and services. The solutions segment was the largest in 2022 and is projected to grow at the highest CAGR, driven by the increasing demand for weather monitoring sensors.
Range Type Segmentation:
Weather monitoring systems are categorized into short-range and long-range segments. The short-range segment led the market in 2022 and is expected to grow at the fastest rate. This growth is due to the rising demand for accurate weather data, such as air quality and wind speed, particularly during adverse weather conditions.
