The Latin America, Middle East and Africa Weather Forecasting Services Market would witness market growth of 12.7% CAGR during the forecast period (2021-2027).
Weather forecasting organizations benefit from technologies like real-time data collection, artificial intelligence, analytic tools, and improved satellite pictures, which players in making more precise and relatively close weather predictions. Such foresight is proven to be an integral part of generating profits, maximizing resource utilization, and even saving lives in life-threatening situations. Continuous weather prediction refinement and increased reliance of numerous end-use sectors on forecasts are expected to drive the growth of the weather forecasting services market. Weather forecasting for the aviation industry is now leading the market, as weather forecasting can be a critical component in passenger safety. Weather forecasting allows air traffic control and airports to keep a close eye on even the smallest changes in weather.
In general, operational NWP systems provide an accurate forecast of developing weather patterns from hours to days in advance. As a result, they are an important part of regular and severe weather forecasting and warnings at the National Meteorological and Hydrological Services. Additionally, the capacity of NMHSs to forecast the weather varies greatly. The more sophisticated NMHSs are taking advantage of advances in NWP, but because of restricted finances and capacities, those in emerging and least developed nations have experienced little development.
Weather reports can have a significant impact on the international trade of foods such as corn, wheat, beans, sugar, chocolate, and coffee. In 1975, a severe freeze in Brazil caused coffee prices to surge in a matter of weeks, while Georgia peach growers blamed a combination of mild winter temperatures as well as a spring freeze for the loss of about 80% of the state's peach crop in 2017. Extreme drought and heat can also have an impact on output. Weather reports can have a significant impact on the international trade of foods such as corn, wheat, beans, sugar, chocolate, and coffee.
NCM (National Center for Meteorology) utilizes numerical weather prediction modeling software, like the Weather Research and Forecasting Model and COSMO, or consortium for small-scale modeling, to support the ongoing weather forecasting requirements for the UAE. These models use physics as well as dynamics-based designs of the atmosphere along with oceans to simulate and forecast weather conditions.
The Brazil market dominated the LAMEA Weather Forecasting Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $45.9 million by 2027. The Argentina market is anticipated to grow at a CAGR of 13.3% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 12.4% during (2021 - 2027).
Based on Forecast Type, the market is segmented into Short Range, Medium Range, and Long Range. Based on Industry, the market is segmented into Energy & Utilities, BFSI, Agriculture & Forestry, Aviation, Media, Transportation, Oil & Gas and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Purpose, the market is segmented into Safety, Operational Efficiency, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Weather Forecasting Services Market is Predict to reach $2.8 Billion by 2027, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Global Weather Corporation (UCAR), Accuweather, Inc., BMT Group, StormGeo (Alfa Laval AB), Precision Weather, The Weather Company (IBM), Fugro N.V., Enav S.p.A, Met Office, and Skyview Systems Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Forecast Type
- Short Range
- Medium Range
- Long Range
By Industry
- Energy & Utilities
- BFSI
- Agriculture & Forestry
- Aviation
- Media
- Transportation
- Oil & Gas
- Others
By Organization Size
- Large Enterprises
- Small & Medium-Sized Enterprises
By Purpose
- Safety
- Operational Efficiency
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Global Weather Corporation (UCAR)
- Accuweather, Inc.
- BMT Group
- StormGeo (Alfa Laval AB)
- Precision Weather
- The Weather Company (IBM)
- Fugro N.V.
- Enav S.p.A
- Met Office
- Skyview Systems Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Weather Forecasting Services Market, by Forecast Type
1.4.2 LAMEA Weather Forecasting Services Market, by Industry
1.4.3 LAMEA Weather Forecasting Services Market, by Organization Size
1.4.4 LAMEA Weather Forecasting Services Market, by Purpose
1.4.5 LAMEA Weather Forecasting Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jun – 2021, Nov) Leading Players
Chapter 4. LAMEA Weather Forecasting Services Market by Forecast Type
4.1 LAMEA Short Range Market by Country
4.2 LAMEA Medium Range Market by Country
4.3 LAMEA Long Range Market by Country
Chapter 5. LAMEA Weather Forecasting Services Market by Industry
5.1 LAMEA Energy & Utilities Market by Country
5.2 LAMEA BFSI Market by Country
5.3 LAMEA Agriculture & Forestry Market by Country
5.4 LAMEA Aviation Market by Country
5.5 LAMEA Media Market by Country
5.6 LAMEA Transportation Market by Country
5.7 LAMEA Oil & Gas Market by Country
5.8 LAMEA Other Industry Market by Country
Chapter 6. LAMEA Weather Forecasting Services Market by Organization Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA Small & Medium-Sized Enterprises Market by Country
Chapter 7. LAMEA Weather Forecasting Services Market by Purpose
7.1 LAMEA Safety Market by Country
7.2 LAMEA Operational Efficiency Market by Country
7.3 LAMEA Others Market by Country
Chapter 8. LAMEA Weather Forecasting Services Market by Country
8.1 Brazil Weather Forecasting Services Market
8.1.1 Brazil Weather Forecasting Services Market by Forecast Type
8.1.2 Brazil Weather Forecasting Services Market by Industry
8.1.3 Brazil Weather Forecasting Services Market by Organization Size
8.1.4 Brazil Weather Forecasting Services Market by Purpose
8.2 Argentina Weather Forecasting Services Market
8.2.1 Argentina Weather Forecasting Services Market by Forecast Type
8.2.2 Argentina Weather Forecasting Services Market by Industry
8.2.3 Argentina Weather Forecasting Services Market by Organization Size
8.2.4 Argentina Weather Forecasting Services Market by Purpose
8.3 UAE Weather Forecasting Services Market
8.3.1 UAE Weather Forecasting Services Market by Forecast Type
8.3.2 UAE Weather Forecasting Services Market by Industry
8.3.3 UAE Weather Forecasting Services Market by Organization Size
8.3.4 UAE Weather Forecasting Services Market by Purpose
8.4 Saudi Arabia Weather Forecasting Services Market
8.4.1 Saudi Arabia Weather Forecasting Services Market by Forecast Type
8.4.2 Saudi Arabia Weather Forecasting Services Market by Industry
8.4.3 Saudi Arabia Weather Forecasting Services Market by Organization Size
8.4.4 Saudi Arabia Weather Forecasting Services Market by Purpose
8.5 South Africa Weather Forecasting Services Market
8.5.1 South Africa Weather Forecasting Services Market by Forecast Type
8.5.2 South Africa Weather Forecasting Services Market by Industry
8.5.3 South Africa Weather Forecasting Services Market by Organization Size
8.5.4 South Africa Weather Forecasting Services Market by Purpose
8.6 Nigeria Weather Forecasting Services Market
8.6.1 Nigeria Weather Forecasting Services Market by Forecast Type
8.6.2 Nigeria Weather Forecasting Services Market by Industry
8.6.3 Nigeria Weather Forecasting Services Market by Organization Size
8.6.4 Nigeria Weather Forecasting Services Market by Purpose
8.7 Rest of LAMEA Weather Forecasting Services Market
8.7.1 Rest of LAMEA Weather Forecasting Services Market by Forecast Type
8.7.2 Rest of LAMEA Weather Forecasting Services Market by Industry
8.7.3 Rest of LAMEA Weather Forecasting Services Market by Organization Size
8.7.4 Rest of LAMEA Weather Forecasting Services Market by Purpose
Chapter 9. Company Profiles
9.1 Global Weather Corporation (University Corporation for Atmospheric Research)
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 AccuWeather, Inc.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Acquisition and Mergers:
9.3 BMT Group Ltd.
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Product Launches and Product Expansions:
9.4 Precision Weather Services
9.4.1 Company Overview
9.5 ENAV S.p.A.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.6 Skyview Systems Ltd.
9.6.1 Company Overview
9.7 Met Office
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.8 StormGeo (Alfa Laval AB)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.9 Fugro N.V.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent Strategies and Developments:
9.10. IBM Corporation (The Weather Company)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional & Segmental Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 LAMEA Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Weather Forecasting Services Market
TABLE 4 Product Launches And Product Expansions– Weather Forecasting Services Market
TABLE 5 Acquisition and Mergers– Weather Forecasting Services Market
TABLE 6 LAMEA Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Short Range Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Short Range Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Medium Range Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Medium Range Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Long Range Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Long Range Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 15 LAMEA Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 16 LAMEA Energy & Utilities Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Energy & Utilities Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA BFSI Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA BFSI Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Agriculture & Forestry Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Agriculture & Forestry Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Aviation Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Aviation Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Media Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Media Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Transportation Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Transportation Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Other Industry Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Other Industry Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 33 LAMEA Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 34 LAMEA Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Small & Medium-Sized Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Small & Medium-Sized Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 39 LAMEA Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 40 LAMEA Safety Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Safety Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Operational Efficiency Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Operational Efficiency Market by Country, 2021 - 2027, USD Million
TABLE 44 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 46 LAMEA Weather Forecasting Services Market by Country, 2017 - 2020, USD Million
TABLE 47 LAMEA Weather Forecasting Services Market by Country, 2021 - 2027, USD Million
TABLE 48 Brazil Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 49 Brazil Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 50 Brazil Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 51 Brazil Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 52 Brazil Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 53 Brazil Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 54 Brazil Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 55 Brazil Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 56 Brazil Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 57 Brazil Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 58 Argentina Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 59 Argentina Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 60 Argentina Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 61 Argentina Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 62 Argentina Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 63 Argentina Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 64 Argentina Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 65 Argentina Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 66 Argentina Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 67 Argentina Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 68 UAE Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 69 UAE Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 70 UAE Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 71 UAE Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 72 UAE Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 73 UAE Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 74 UAE Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 75 UAE Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 76 UAE Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 77 UAE Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 80 Saudi Arabia Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 81 Saudi Arabia Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 82 Saudi Arabia Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 83 Saudi Arabia Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 84 Saudi Arabia Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 85 Saudi Arabia Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 86 Saudi Arabia Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 87 Saudi Arabia Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 88 South Africa Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 89 South Africa Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 90 South Africa Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 91 South Africa Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 92 South Africa Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 93 South Africa Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 94 South Africa Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 95 South Africa Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 96 South Africa Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 97 South Africa Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 98 Nigeria Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 99 Nigeria Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 100 Nigeria Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 101 Nigeria Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 102 Nigeria Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 103 Nigeria Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 104 Nigeria Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 105 Nigeria Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 106 Nigeria Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 107 Nigeria Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 108 Rest of LAMEA Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 109 Rest of LAMEA Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 110 Rest of LAMEA Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 111 Rest of LAMEA Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 112 Rest of LAMEA Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 113 Rest of LAMEA Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 114 Rest of LAMEA Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 115 Rest of LAMEA Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 116 Rest of LAMEA Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 117 Rest of LAMEA Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 118 Key Information – Global Weather Corporation
TABLE 119 Key Information – AccuWeather, Inc.
TABLE 120 Key Information – BMT Group Ltd.
TABLE 121 Key Information – Precision Weather Services
TABLE 122 Key Information – ENAV S.p.A.
TABLE 123 Key Information – Skyview Systems Ltd
TABLE 124 Key Information – Met Office
TABLE 125 Key Information – StormGeo
TABLE 126 Key Information – Fugro N.V.
TABLE 127 Key information – IBM Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jun – 2021, Nov) Leading Players
FIG 5 Recent strategies and developments: AccuWeather, Inc.
FIG 6 Recent strategies and developments: StormGeo
FIG 7 Recent strategies and developments: The Weather Company
FIG 8 Swot analysis: IBM Corporation