Meteorological Devices Market Size Worth $2,062.00 Million By 2032 | CAGR: 3.6%

Meteorological Devices Market Size Worth $2,062.00 Million By 2032 | CAGR: 3.6%

The global meteorological devices market size is expected to reach USD 2,062.00 million by 2032, according to a new study by Polaris Market Research. The report “Meteorological Devices Market Share, Size, Trends, Industry Analysis Report, By Type (Anemometer, Hygrometer, Thermometer, Barometer, Pyrometer, Snow Gauge, and Others); By Application; By End-Use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising adoption of advanced technology for its benefits drives the demand for meteorological devices. The accuracy of meteorological instruments will improve with a rise in the usage of cutting-edge technology like artificial intelligence, the Internet of Things (IoT), big data analytics, and others. AI can reduce meteorologists' workload while improving weather forecasts' accuracy. Under challenging weather conditions, AI technology can swiftly and effectively assess data. Because agricultural growth and production depend on weather patterns, artificial intelligence (AI) technologies are useful. In this business, moisture, soil temperature, rainfall quantity, and timing are all crucial factors. Due to AI-driven data, farmers can plan their usage of pesticides, solar and wind energy, and irrigation schedules.

Furthermore, the major players focus on various strategies for developing market growth. For instance, in March 2022, the National Meteorological Authority (UNMA) of Uganda and Atmo collaborated to turn on the first AI-based forecasting computer to forecast the weather for an entire population. With customized software for Uganda's needs, Atmo supplies a version of their weather-predicting supercomputer and continuing support and training. Precipitation cycles are now predicted for the nation by the technology, which is being installed in stages.

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Additionally, in November 2022, L3Harris Technologies confirmed that its Cross-Track Infrared Sounder (CrIS), intended to improve severe weather detection performance, successfully deployed onboard NOAA's Joint Polar Satellite System-2 weather satellite. In the next three to five years, AI, machine learning, artificial neural network, deep learning, and high-performance computers will significantly improve weather forecasting, driving the demand for meteorological devices.

Meteorological Devices Market Report Highlights

  • Pyrometer segment registered a robust growth rate over the study period. It is due to rise in the rising acceptance rate of portable or handheld infrared pyrometers in commercial applications.
  • The government and defense segment accounted for largest revenue share in 2022. The projection term is expected to see the market development as a result of high device demand, various commercial commodity manufacturing, and R&D.
  • Asia-Pacific is expected to grow at a significant CAGR over the projected period because there are more small- and medium-sized businesses in the Asia Pacific that are largely dependent on weather conditions.
  • The global players include Airmar Technology, All Weather, Campbell Scientific, Columbia Weather, Felix Technology, G. Lufft Mess- Und Regeltechnik, Microteknik Corp., Morcom International, Skye Instruments, Sutron Corporation, Weather Company, & Vaisala Corporation

Polaris Market Research has segmented the Meteorological Devices market report based on type, application, end use, and region:

Meteorological Devices, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Anemometer
  • Hygrometer
  • Thermometer
  • Barometer
  • Pyrometer
  • Snow Gauge
  • Others

Meteorological Devices, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Research Institute
  • Weather Forecasting
  • Chemical Industry
  • Biotechnical Industry
  • Environmental Study
  • Pharmaceutical Industry
  • Others

Meteorological Devices, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Commercial
  • Government
  • Defense
  • Others

Meteorological Devices, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa