The global cloud seeding market size is expected to reach USD 188.59 million by 2030, according to a new study by Polaris Market Research. The report “Cloud seeding Market Share, Size, Trends, Industry Analysis Report, By Type (Aerial, Ground-Based); By Seeding Technique; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is expected to increase due to rising acceptance of cloud-seeding technology and higher demand in drought-driven areas. In the coming years, it is projected that government activities like expanding the usage of cloud seeding technology to raise the water level in various nations like India will drive the adoption.
In addition, the increasing demand from several agrarian-based economies and the use of such technologies in weather modification for events and pollution management fuel the market growth. Moreover, rising aerospace and aviation industry usage along with rising demand from both developed and emerging nations.
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The global market for cloud seeding equipment is anticipated to be significantly impacted by the growing number of cloud seeding providers that are investing in the construction of internal research facilities to gather efficient seeding methods to expand end-user bases.
Additionally, it is projected that the market will expand due to the quick technological improvements and the rise in using these systems to reduce hail damage and disperse fog. Additionally, the high dependence of agriculture on the monsoon and the rising need for water is projected to have a beneficial effect on the market expansion.
Additionally, a surge in cloud-seeding technologies to create artificial rain and stabilize water levels in drought-stricken areas is anticipated to fuel market expansion. Furtherly, the demand for pure water supplies due to the rising worldwide population in the upcoming years will grow the industry.
The market is anticipated to expand due to rising water demand from various industrial and agricultural sectors. Additionally, during the forecast period, increasing government investments in enhancing water resources are anticipated to open up new potential for market participants.
Cloud seeding Market Report Highlights
Polaris Market Research has segmented the cloud seeding market report based on type, seeding technique, region:
Cloud Seeding, Type Outlook (Revenue - USD Million, 2018 - 2030)
Cloud Seeding, Seeding Technique Outlook (Revenue - USD Million, 2018 - 2030)
Cloud Seeding, Regional Outlook (Revenue - USD Million, 2018 - 2030)