"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

Meteorological Devices Market Size, Share & Industry Analysis, By Type (Anemometer, Hygrometer, Thermometer, Barometer, Pyrometer, Snow Gauge, and Others), By Application (Research Institute, Weather Forecasting, Chemical Industry, Biotechnical Industry, Environmental Study, Pharmaceutical Industry, and Others), By End-use (Commercial and Government & Defense), and Regional Forecast, 2024-2032

Last Updated: May 16, 2024 | Format: PDF | Report ID: FBI104079

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global meteorological devices market size was valued at USD 1.51 billion in 2023 and is projected to grow from USD 1.58 billion in 2024 to USD 2.08 billion by 2032, exhibiting a CAGR of 3.54% during the forecast period.

WE ARE IN THE PROCESS OF REVAMPING Meteorological Devices Market WITH RESPECT TO RUSSIA-UKRAINE CONFLICT

Request Sample

Meteorological devices are used for measurement and analysis applications to understand the pattern of weather conditions, associated risks and warnings, and early warning and broadcasting for various industrial, commercial, governmental, and defense applications. These devices are used for other industrial applications, such as cleanroom environments and controlled environment manufacturing.


An increase in the use of advanced technologies, such as artificial intelligence, the Internet of Things (IoT), Big Data analytics, and others, will enhance meteorological information and the accuracy of meteorological devices. For instance, in 2020, Microsoft Research and the University of Washington entered into a collaboration and showed how artificial intelligence (AI) could analyze previous years' weather patterns to forecast future events. The newly developed global weather model based its predictions on the last 40 years of weather data rather than detailed physics calculations.


The COVID-19 pandemic, identified in December 2019, affected more than a million people globally. Strict lockdowns and international travel bans were announced around the world. The global COVID-19 pandemic affected the growth of the meteorological equipment market in 2020 and 2021. The positive impact of COVID-19 observed in the U.S. market. State spending on meteorology and improving the capacity of related infrastructure reached record levels in 2020-2021.


Meteorological Devices Market Trends


Public Weather Service (PWS) Dissemination with Rising Footprint of Automated Nowcasting Systems to Drive Market Growth


The introduction of advanced technologies, such as wireless communication, next-generation work stations, digital database forecasting, forecast systems, and communication networks, drives the market growth of meteorological devices. Advance workstations, digital database forecasting, and the latest information technology systems and applications offer lucrative opportunities to further improve and integrate Public Weather Services (PWS) dissemination and service delivery functions.


Next-generation weather stations require high bandwidth, processing power, and storage capacity to cope with rapid data growth, and the temporal and spatial resolution of the numerical weather prediction (NWP) model output has improved. In addition, the development of automated modern dispatch systems makes the general work of weather stations more efficient. The Nowcast system can quickly produce and distribute hydrometeorological forecasts in various formats. Thus, it significantly impacts efficient PWS service and timely delivery.


Request a Free sample to learn more about this report.


Meteorological Devices Market Growth Factors


Increase in Demand for Temperature Sensing Devices to Drive the Meteorological Devices Market Growth


Meteorology is the study of weather forecasting. The Earth's atmosphere is described and determined by atmospheric pressure, temperature, mass flow, water vapor, and interactions and variations. Meteorological devices, such as hygrometers, barometers, and anemometers, collect real-time weather data. This information is used in several end-use industries, including weather forecasting stations, research institutes, aerospace and defense, and the chemical industry.


Growing demand for temperature measurement devices, such as pyrometers, resistance thermometers, and thermocouples, for industrial applications drives the market growth. In March 2022, researchers from Sweden developed a novel type of thermometer that can quickly measure temperature with high accuracy in quantum calculations. Furthermore, in April 2020, Aranet, an IoT sensor manufacturer, launched a new human body temperature sensor for healthcare professionals during COVID-19. It enables medical professionals to monitor COVID-19 patients without direct contact with them.


For instance, in September 2021, AMETEK land launched a new temperature measurement for its aluminum processing applications, SPOT AL. It will add liquid aluminum temperature and low-temperature measurements to the SPOT AL series that improve the capabilities of the machines for operators in the aluminum sector. Thus, the rising demand for advanced solutions drives the market growth.


Implementation of Autonomous Technology and Real-time Data Tracking Software in the Aerospace Sector Boosts Market Growth


The demand for accurate real-time data through next-generation sensors and safety measures has propelled the growth of meteorological devices and software providers. The rising accidents and safety norms described by the Federal Aviation Administration (FAA) are the major reasons for implementing real-time data management software. The real-time data tracking assists helicopter and aircraft pilots to take required decisions during flight. Moreover, the helicopter’s hardware system and software information is provided by the flight management software installed in the helicopter.


The rise in dependency on avionics, sensors, and related software has minimized the accidents rate and improved the overall maneuverability of the helicopter. Increased utility of Artificial Intelligence (AI) and the IoT in aircraft and helicopters has simplified the overall operational activities of the pilot. Airbus SAS and Honeywell Corporation Inc. are actively involved in designing and developing lightweight and highly autonomous helicopters. Thus, the increasing adoption of IoT-based devices and advanced meteorological software solutions in the aerospace sector drives the market growth. For instance, in June 2020, Bangalore-based CSIR-National Aerospace Laboratories (NAL) developed an aviation weather monitoring system installed on Bengaluru’s Kempegowda International Airport for enhanced airport operations.


RESTRAINING FACTORS


Issues Related to Development and Accuracy of the Devices Hamper the Market Growth


The devices monitor various environmental factors such as pressure, wind speed, humidity, temperature, and others. They are used by various research institutes, the pharmaceutical sector, environmental studies, and others, requiring real-time data with higher accuracy. Issues in these devices' design, development, and accuracy hamper the market growth. To illustrate, the anemometer estimates wind velocity, wind speed, wind direction, and wind pressure. The major disadvantage is the distortion of the device due to strong winds.


In addition, the high sensitivity due to rapid changes in humidity limits the use of hygrometers in extreme environments. Infrared thermometers are affected by dust, frost, humidity, smoke, and rapid temperature changes that lead to inaccurate results, which hinders market growth. In addition, ongoing climate change and global warming are the biggest challenges that require regular monitoring of environmental changes. Meteorological studies play a key role in this and require greater accuracy. Inconsistency and inaccuracies in weather forecasts hinder market growth.


Meteorological Devices Market Segmentation Analysis


By Type Analysis


To know how our report can help streamline your business, Speak to Analyst


Software Segment Dominated the Market in 2023 Due to Rising Demand for Aviation MRO Software for Various Applications


Based on type, the market is divided into anemometer, hygrometer, thermometer, barometer, pyrometer, snow gauge, and others. The hygrometer segment was estimated to be the largest segment in 2023 and is projected to grow at a significant CAGR during the forecast period. High demand for hygrometers and increase in technological advancements in relative humidity measurement are anticipated to propel the market growth during the forecast period. Industrial applications of relative humidity measurement in pharmaceutical and biotechnology are projected to drive the segmental market growth during the forecast period.


The barometer segment was estimated to be the second-largest segment in 2023 and is projected to grow at a moderate CAGR during the forecast period. The advent of compact Internet of Things (IoT) devices and the high adoption rate for industrial portable measurement equipment are anticipated to drive the market growth during the forecast period.


The pyrometer segment is estimated to be the fastest-growing segment with the highest CAGR during 2024-2032. The high adoption rate of portable or handheld infrared pyrometers in industrial applications is anticipated to drive market growth during the forecast period.


By Application Analysis


Weather Forecasting Segment to Remain Dominant in the Market Due to High Demand for Advanced Meteorological Technologies


In terms of application, the market is classified into research institutes, weather forecasting, chemical industry, biotechnical Industry, environmental study, pharmaceutical industry, and others. The weather forecasting segment was estimated to be the largest segment in 2023 and is projected to grow at a significant CAGR during the forecast period. Furthermore, the high adoption rate of automated nowcasting systems is anticipated to drive market growth during the forecast period. This factor is anticipated to drive the segmental market growth during the forecast period.


The environmental study segment was estimated to be the second-largest segment in 2021 and is projected to grow at a moderate CAGR during the forecast period. Amid the rise in the climate change challenges, the global meteorological agencies are focusing on investing in the environmental study for the next decade. These environmental studies are being utilized for policymaking for any country or region, climate-resilient housing, and industrial & commercial climate-friendly manufacturing and utility. These factors are anticipated to drive the market growth during 2024-2032.


The pharmaceutical industry segment is estimated to grow at the highest CAGR during 2024-2032. The high demand and high adoption rate of various pharmaceutical product lifecycle phases are anticipated to propel the market growth during the forecast period.


By End-use Analysis


High Demand for Commercial Applications to Propel the Commercial Segment Market Growth During the Forecast Period


With respect to end-use, the market is segmented into commercial and government & defense. The government & defense segment was the largest segment in 2023 and could grow notably during the forecast period. Governments have invested in next-generation weather forecasting and environmental study through their federal budget allocation for their respective governmental meteorological services or agencies. High demand for the devices, various commercial commodity manufacturing and R&D are projected to drive the market growth during the forecast period.


The commercial segment is anticipated to be the fastest-growing segment with the highest CAGR during the forecast period. The high adoption rate of various commercial applications, such as pharmaceutical, chemical, electronics, aerospace and defense, automotive, biotechnical, and others, will drive the industry growth. Rising investment in meteorological research and forecasting for various environmental risk predictions is anticipated to drive the market growth during the assessment period.


REGIONAL INSIGHTS


North America Meteorological Devices Market Size, 2023 (USD Million)

To get more information on the regional analysis of this market, Request a Free sample


The market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the market in 2023. The North America meteorological Devices Market share stood at USD 481.22 million in 2023 and is projected to grow at a significant CAGR during the forecast period. High federal budget allocation for National Oceanic and Atmospheric Administration (NOAA) for weather forecasting through satellite remote-sensing and the high adoption rate of automated nowcasting systems are driving the market growth during the 2024-2032 period.


Europe's market size was the second-largest region in 2023 and is estimated to grow at a moderate CAGR during the forecast period. The European Union member states have increased their investment in next-generation weather forecasting and environmental studies. This development is expected to positively impact the market growth over the next few years.


The market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Increased investment in meteorology and burgeoning demand for weather forecasting in the region are expected to propel the market -during the forecast period. For instance, in October 2021, the ZOGLAB fully automatic wind tunnel equipment was chosen to build the China Meteorological Administration's provincial metrology laboratory. This is due to the growing agriculture sector's use of the metrological device for climate change.


The rest of the world shows market growth with a moderate CAGR during the forecast period. The demand has gained traction due to implementation of bold decisions on climate change. South African Weather Service (SAWS) aspires to be a Weather and Climate Center of Excellence, offering innovative solutions to ensure a weather-smart region, long-term development, and economic success. For instance, in November 2021, the Inter-American Development Bank (IDB) stated that it would join the World Meteorological Organization's Alliance for Hydromet Development (WMO). The Alliance for Hydromet Development collaborates with major international development, humanitarian, and climate finance organizations committed to bridging the hydromet capacity gap by 2030.


List of Key Companies in Meteorological Devices Market


Technological Advancements to Propel Market Growth During the Forecast Period


The design of technologically advanced meteorological systems using cloud deployment and developing new meteorological device enhancements is a compelling trend in the market. Key market players in the industry, such as Raytheon Technologies Corporation, the Weather Company, Kongsberg Gruppen, and Vaisala, adopt strategies such as mergers & acquisition, agreements, and partnerships for growth.


Moreover, investment in the research & development of new meteorological technologies is adopted by several key players to sustain their position in the market. A diversified product portfolio and innovative concepts accepted by key players are the major factors boosting the market.


LIST OF KEY COMPANIES PROFILED



  • AccuWeather Inc. (U.S.)

  • Airmar Technology Corporation (U.S.)

  • All Weather Inc. (U.S.)

  • Campbell Scientific Inc. (U.S.)

  • Kongsberg Gruppen (Norway)

  • MeteoGroup (a subsidiary of DTN) (Netherlands)

  • Observator Group (Netherlands)

  • Raytheon Technologies Corporation (U.S.)

  • Sutron Corporation (U.S.)

  • The Weather Company (U.S.)

  • Vaisala Oyj. (Finland)


KEY INDUSTRY DEVELOPMENTS



  • July 2021 – Kongsberg delivered technology to the two next-generation European operational meteorological satellite systems Meteorological Operational Satellite - Second Generation (MetOp-SG) and Meteosat Third Generation (MTG).

  • May 2021 – Senop Oy agreed to supply integrated Fire Distribution Centers to an international NASAMS programme under a contract with Kongsberg Defense & Aerospace As. The contract includes Fire Distribution Centers integrated inside Shelters and spare components. The Fire Distribution Center (FDC) is a Battle Management Command, Control, Communications, Computers, and Intelligence (BMC4I) module that delivers advanced BMC4I for current and future air defense tasks. The FDC is a system that combines systems, sensors, and effectors into a single unit.


REPORT COVERAGE


An Infographic Representation of Meteorological Devices Market

To get information on various segments, share your queries with us



The research report provides an in-depth technical analysis of the market. It focuses on key aspects such as leading market players, the COVID-19 effect on the market, in-depth meteorological applications, and the research ideology of the weather forecasting devices. Besides, the report offers insights into the market trends and highlights key industry developments & trends. In addition to the factors mentioned earlier, it provides multiple factors that will contribute to the market growth during the forecast period.


To gain extensive insights into the market, Request for Customization


Report Scope & Segmentation



















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of 3.54% from 2024 to 2032



Unit



Value (USD Billion)



Segmentation



By Type



  • Anemometer

  • Hygrometer

  • Thermometer

  • Barometer

  • Pyrometer

  • Snow Gauge

  • Others



By Application



  • Research Institute

  • Weather Forecasting

  • Chemical Industry

  • Biotechnical Industry

  • Environmental Study

  • Pharmaceutical Industry

  • Others



By End-use



  • Commercial

  • Government and Defense



By Geography



  • North America (By Type, By Application, By End-use, By Country)

    • U.S. (By Application)

    • Canada (By Application)



  • Europe (By Type, By Application, By End-use, By Country)

    • U.K. (By Application)

    • Germany (By Application)

    • France (By Application)

    • Russia (By Application)

    • Rest of Europe (By Application)



  • Asia Pacific (By Type, By Application, By End-use, By Country)

    • China (By Application)

    • Japan (By Application)

    • India (By Application)

    • South Korea (By Application)

    • Rest of Asia Pacific (By Application)



  • Rest of the World (By Type, By Application, By End-use, By Country)

    • Latin America (By Application)

    • Middle East & Africa (By Application)








Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 1.51 billion in 2023 and is projected to reach USD 2.08 billion by 2032.

In 2023, the North America market value stood at USD 481.22 million.

Registering a CAGR of 3.54%, the market will exhibit steady growth over the forecast period.

Commercial segment is expected to lead this market during the forecast period.

Demand for temperature sensing devices, autonomous technology, and real-time data tracking software in the aerospace sector is driving the market growth.

Raytheon Technologies Corporation, the Weather Company, Kongsberg Gruppen, and Vaisala Oyj are the major players in the global market.

North America dominated the market in terms of share in 2023.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2032
  • 2023
  • 2019-2022
  • 327

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X