The weather monitoring systems market is set to reach a valuation of $4.49 billion by 2030, growing at a 6.1% CAGR from 2023 to 2030. This growth is largely fueled by increasing weather volatility and the rising need for reliable weather forecasts, particularly in industries like agriculture. Meanwhile, the growing use of sensors for monitoring weather conditions presents new opportunities, though technical challenges related to sensor functionality remain a key barrier.
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Component Segmentation: The market is divided into solutions and services, with the solutions segment accounting for the largest share in 2022. This dominance is driven by the increasing demand for weather monitoring systems capable of providing accurate, real-time weather data across various conditions, ensuring better decision-making.
Range Type Segmentation: In terms of range type, the short-range segment held the largest market share in 2022. Short-range systems are critical for providing real-time, accurate data on factors such as air quality, wind speed, and temperature during adverse weather conditions, helping to reduce potential damage.
Monitoring Type Segmentation: Among the monitoring types—temperature, humidity, air quality, and pressure—temperature monitoring led the market in 2022. This segment’s growth is supported by the widespread adoption of temperature sensors, which are crucial for monitoring weather conditions and predicting environmental changes accurately.
End-use Industry Segmentation: Weather monitoring systems are used across multiple industries, including agriculture, transportation, government, and renewable energy. The transportation sector accounted for the largest share in 2022, driven by the increasing need for precise weather forecasts to support safe and efficient transport operations, particularly during extreme weather events.