Australia Weather Forecasting Devices and Solutions Market Research Report, Trends Analysis, Opportunity Assessment And Forecast 2016-2024

Australia Weather Forecasting Devices and Solutions Market

Market Overview

Australia’s extremely variable weather and climatic conditions affect every facet of life and property. From saving agricultural crops to planning for urban development, weather forecasting plays an important role in protecting lives and minimizing losses. Australian weather forecasting system is termed as ACCESS, which has been under development for about ten years, delivers weather forecasts over a few days and forecasts of climate to the end of this decade and beyond. In 2011, floods at the eastern cost of Australia costs approximately USD 6-7 billion, which augmented the need for incorporation of such climate issues in engineering designs of infrastructures and efficient system for weather forecasting. Latest and real-time information and forecasts for weather and climate allows business and industries to plan more effectively and make conclusions that can reduce the economic impact of shifting or extreme weather. Volatility in climatic conditions has alarmed the regional government and industries, which is likely to be the major driving force for the weather forecasting devices and solutions market growth.

Goldstein Research analyst forecast the Australia weather forecasting devices and solutions market to expand at a CAGR of 6.5% during the forecast period 2016-2024. Further, the Australian weather forecasting market is expected to reach USD 0.300 billion by the end of the forecast period.

Covered in this Australia weather forecasting devices and solutions market report

The report covers the present ground scenario and the future growth prospects of the weather forecasting devices and solutions market for 2016-2024 along with the total revenue of weather forecasting industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, regional level. The revenue forecast is given on the basis of number of weather forecasting companies and device manufacturers, and current growth rate of the market.

Australia Weather Forecasting Devices and Solutions Market Segmentation

By Component Type

• Hardware
• Software
• Communication

By Technology Type

• Weather Satellite Technology
• Radar Technology
• Broadcasting
• Radiosondes
• Sounding Systems
• Weather Station
• Other (Construction etc.)

By Forecasting Type

• Short-Range Forecasting
• Medium-Range Forecasting
• Long-Range Forecasting

By End Users

• Commercial 
• Defense
• weather service providers

Based on technology type, weather satellite technology accounted for the lion share in Australia weather forecasting devices and solutions market in 2016 owing to significant expenditures of government on satellite technology for weather forecast. Moreover, weather satellite technology segment is expected to dominate the market during forecast period followed by radar technology attributed to the efficiency in delivering regular weather updates.

Australia Weather Forecasting Devices and Solutions Market Outlook 2016-2024, have been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Australia weather forecasting devices and solutions market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Australia weather forecasting devices and solutions market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our Australia weather forecasting devices and solutions market report comprises of the following companies as the key players in the Australia weather forecasting devices and solutions market: UBIMET, Weatherzone, Vaisala, Sutron Corporation, Campbell Scientific, Airmar Technology Corporation, Liquid Robotics, All Weather, Inc., Columbia Weather Systems, Morcom International, Inc., Thales S.A. and Skye Instruments.

According to our Australia Weather Forecasting Devices and Solutions market study on the basis of extensive primary and secondary research, one major trend in the market is improvement in technology to increase the accuracy of the weather forecasts. Australia weather forecasting bureau has successfully installed super computer in 2016 which is 20 times greater in capacity than the previous systems. Additionally, Australian scientists are already preparing for the IPCC’s (Intergovernmental Panel on Climate Change) next global CMIP (Common Management Information Protocol). CMIP is a massive international exercise, designed to provide the best climate forecasts under a variety of assumptions about the continuous emission of greenhouse gases, which is likely to impel the growth of Australia weather forecasting devices and solutions market in coming years.

According to the report, major driver in Australia weather forecasting devices and solutions market is growing concern for safety and security due to changing climatic conditions. Moreover, government agencies, businesses, academia, and the general public have established innovative ways to use forecast products to escalate economic efficiency and productivity, advance scientific research, and reduce weather risks.

Further, the report states that one challenge in Australia Weather Forecasting Devices and Solutions market is the complexity of weather forecasting systems and lack of trained professionals.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Australia weather forecasting devices and solutions market report

• What is the total market size by 2024 and what would be the expected growth rate of market?
• What is the total revenue per segment in 2015-16 and what would be the expected revenue per segment over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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