Weather Information Technologies Market Analysis, Segments, Growth and Value Chain 2015-2025

Weather information technologies provide us with the present atmospheric conditions as well as prediction of atmospheric conditions. With the help of these weather information technologies, accurate predictions of weather conditions can be prepared. These technologies find a major application in the aviation industry, wherein they are used for air traffic control as weather prediction through these technologies are crucial for safe take-off and landing. Also, automated weather stations are used at airports for examining atmospheric information. Weather information technologies also find applications in military operations, wherein factors such as strong winds, thick fog, rains and lightning severely impact the ability to conduct vital operations in an effective manner. To execute these operations successfully, a good understanding of the weather information becomes a necessity.

Weather Information Technologies Market: Drivers & Restraints

Due to increasing safety and security concerns, rising sea and air transport and improving economic conditions in developing regions such as Latin America, Asia Pacific and Middle East & Africa is expected to drive the growth of global weather information technologies market. Furthermore, increasing military demands for consistent weather updates and air traffic control are expected to drive the market for weather information technologies in the near future. Apart from increasing demand from the application segment, many companies are entering into partnerships, joint ventures and developing strategic alliances for the development of weather information technologies, globally. The major restraints for global weather information technologies market are uncertainty in weather forecasting and complexity involved in the procedure of forecasting. Also, the high operational cost of weather systems coupled with fluctuations in equipment prices are expected to be restraining factors for weather information technologies market. Upsurge...