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Market Report on Meteorological and Weather Forecasting Systems Market worth $1.82 Billion by 2020

The key players profiled in this report are Lockheed Martin (U.S.), Vaisala (U.S.), Sutron Corporation (U.S.), SkyeInstruments (U.K.), Liquid Robotics Inc.(U.S.), Irdam Meteorological Instruments (Switzerland), Gill Instruments(U.K.) , Campbell Scientific (U.S.), All Weather Inc.(U.S.), Airmar Technology Corporation (U.S.), and Columbia Weather Systems (U.S.).

The meteorological and weather forecasting systems market is estimated at $1.43 billion in 2014 and is expected to register a CAGR of 4.10% to reach $1.82 billion by 2020.

The report "Meteorological & Weather Forecasting Systems Market by Application(Aviation, Marine, Military) by Weather System Types(Broadcasting, Satellite, Radars, Radiosonde ) by Equipment (Barometer, Hygrometer, Anemometer), by Geography - Forecast & Analysis to 2014 - 2020", The meteorological and weather forecasting systems market is estimated at $1.43 billion in 2014 and is projected to register a CAGR of 4.10% to reach $1.82 billion by 2020.

Weather forecasting involves prediction of atmospheric conditions at a specific time for the given location and time. Such forecasting systems require a combination of computer models, observations, and knowledge of historic weather trends and patterns. With the help of these methods, reasonable, and accurate forecasts of weather conditions can be predicted. Weather forecasting systems is used in air traffic control as these forecasts are important for safe landing and take-off. Automated weather stations are used at airports for collecting atmospheric data. Weather buoys are used for collecting weather and ocean data. They are used for providing aid during emergency response to chemical spills legal proceedings, and engineering design.

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This report describes the analysis and forecast of the rising market. The market has been segmented on the basis of application, system type, equipment, and region. The report highlights the aspects that will drive and restrain the market. It also discusses the major industry and technology trends in the market.

The geographical analysis involves the weather and meteorological forecasting systems market forecast of major regions which are North America, Europe, APAC, the Middle East, and Latin America. While North America is currently dominating the market; the APAC, Europe, and the Middle East are expected to show fair growth by 2020.

Meteorological and weather forecasting systems are used in various sectors including air traffic control, marine, and military. This report provides a market analysis of the meteorological and weather forecasting systems market over the next six years (2014-2020). It discusses the industry, market, and technology trends currently prevalent in the market. It analyzes the factors that drive the market, challenges faced by the industry, and the factors that restrain the growth of this market. Weathagriculture, and therefore to traders within the commodity markets. Temperature forecasts are used by utility companies to estimate demand over coming days. Weather elements such as sea state, surface winds, tide levels, and sea surface temperature are important forecast for oceans. Weather forecast is also important for military services as they need to collect and integrate a vast amount of information about area of operation in a timely and secure manner to support decision making at all levels.

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Meteorological and weather forecasting system can be classified by type as broadcasting system, information system, satellite receiving system, weather radars, and weather stations. Weather stations consist of weather measuring instruments that collect weather data. In airports, automated weather stations are used and in oceans weather buoys are used for collecting atmospheric data.

This report provides a market analysis of the weather forecasting systemsmarket for the next six years. It contains an overview of the drivers, restraints, challenges, and opportunities that impact the industry. It also provides the industry and technology trends currently prevalent in the meteorological and weather forecasting systems market. It identifies, analyses, and outlines the market size of the major spenders in each region. It also provides information of the leading competitors in the meteorological and weather forecasting systems market.

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