The North America Weather Forecasting Services Market would witness market growth of 9.5% CAGR during the forecast period (2021-2027).
Many applications offer 24-hour weather forecasting with up to 97 percent accuracy. An accurate 7-day weather forecast is worth 80% of the time. Many meteorologists believe that the weather can be forecasted accurately up to ten days ahead of time. Many websites aim to provide long-term weather forecasts in advance, leveraging the immense benefits of weather forecasting. The weather forecasting services market is growing due to an increase in natural disasters as a result of unfavorable climate changes and the resulting security concerns. Advanced and accurate weather forecasting completed in a timely manner can result in significant cost savings as well as aid in the prevention of calamities and natural disasters. Because weather forecasting services are completely based on complicated models, professional meteorologists and geologists are required to run the weather forecasting systems.
Food and agriculture weather forecasting is more than scientific interest. Knowing the weather conditions for a certain location ahead of time can save crops and safeguard property. As a result, farmers and operators are becoming increasingly interested in weather forecasting services that are tailored to their specific needs. Profit maximization, loss minimization, and increased net farm income are among these requirements. Weather information is an imperative must for any farmer to evaluate while making important decisions.
Systematic weather records were kept after tools for assessing atmospheric conditions were available in the 17th century. Those involved in agriculture were the primary users of these early records. Planting and harvesting can obviously be better planned and executed if long-term weather conditions can be predicted.
This region's businesses were among the first to adopt modern technologies. Technological breakthroughs, like enhancements in computer forecast and data analytics models, as well as a surge in the utilization of supercomputers that give greater computational power, are benefiting the North American market. The market for weather forecasting services in the region is growing due to a focus on using the newest WFS technologies to produce accurate weather predictions.
The US market dominated the North America Weather Forecasting Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $725.4 million by 2027. The Canada market is exhibiting a CAGR of 12% during (2021 - 2027). Additionally, The Mexico market would experience aa CAGR of 11.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Weather Forecasting Services Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Weather Forecasting Services Market, by Forecast Type
1.4.2 North America Weather Forecasting Services Market, by Industry
1.4.3 North America Weather Forecasting Services Market, by Organization Size
1.4.4 North America Weather Forecasting Services Market, by Purpose
1.4.5 North America 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. North America Weather Forecasting Services Market by Forecast Type
4.1 North America Short Range Market by Country
4.2 North America Medium Range Market by Country
4.3 North America Long Range Market by Country
Chapter 5. North America Weather Forecasting Services Market by Industry
5.1 North America Energy & Utilities Market by Country
5.2 North America BFSI Market by Country
5.3 North America Agriculture & Forestry Market by Country
5.4 North America Aviation Market by Country
5.5 North America Media Market by Country
5.6 North America Transportation Market by Country
5.7 North America Oil & Gas Market by Country
5.8 North America Other Industry Market by Country
Chapter 6. North America Weather Forecasting Services Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-Sized Enterprises Market by Country
Chapter 7. North America Weather Forecasting Services Market by Purpose
7.1 North America Safety Market by Country
7.2 North America Operational Efficiency Market by Country
7.3 North America Others Market by Country
Chapter 8. North America Weather Forecasting Services Market by Country
8.1 US Weather Forecasting Services Market
8.1.1 US Weather Forecasting Services Market by Forecast Type
8.1.2 US Weather Forecasting Services Market by Industry
8.1.3 US Weather Forecasting Services Market by Organization Size
8.1.4 US Weather Forecasting Services Market by Purpose
8.2 Canada Weather Forecasting Services Market
8.2.1 Canada Weather Forecasting Services Market by Forecast Type
8.2.2 Canada Weather Forecasting Services Market by Industry
8.2.3 Canada Weather Forecasting Services Market by Organization Size
8.2.4 Canada Weather Forecasting Services Market by Purpose
8.3 Mexico Weather Forecasting Services Market
8.3.1 Mexico Weather Forecasting Services Market by Forecast Type
8.3.2 Mexico Weather Forecasting Services Market by Industry
8.3.3 Mexico Weather Forecasting Services Market by Organization Size
8.3.4 Mexico Weather Forecasting Services Market by Purpose
8.4 Rest of North America Weather Forecasting Services Market
8.4.1 Rest of North America Weather Forecasting Services Market by Forecast Type
8.4.2 Rest of North America Weather Forecasting Services Market by Industry
8.4.3 Rest of North America Weather Forecasting Services Market by Organization Size
8.4.4 Rest of North America 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 North America Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 7 North America Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 8 North America Short Range Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Short Range Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Medium Range Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Medium Range Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Long Range Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Long Range Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 15 North America Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 16 North America Energy & Utilities Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Energy & Utilities Market by Country, 2021 - 2027, USD Million
TABLE 18 North America BFSI Market by Country, 2017 - 2020, USD Million
TABLE 19 North America BFSI Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Agriculture & Forestry Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Agriculture & Forestry Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Aviation Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Aviation Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Media Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Media Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Transportation Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Transportation Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Other Industry Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Other Industry Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 33 North America Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 34 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Small & Medium-Sized Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Small & Medium-Sized Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 39 North America Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 40 North America Safety Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Safety Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Operational Efficiency Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Operational Efficiency Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Weather Forecasting Services Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Weather Forecasting Services Market by Country, 2021 - 2027, USD Million
TABLE 48 US Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 49 US Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 50 US Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 51 US Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 52 US Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 53 US Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 54 US Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 55 US Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 56 Canada Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 57 Canada Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 58 Canada Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 59 Canada Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 60 Canada Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 61 Canada Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 62 Canada Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 63 Canada Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 64 Canada Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 65 Canada Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 66 Mexico Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 67 Mexico Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 68 Mexico Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 69 Mexico Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 70 Mexico Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 71 Mexico Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 72 Mexico Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 73 Mexico Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 74 Mexico Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 75 Mexico Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 76 Rest of North America Weather Forecasting Services Market, 2017 - 2020, USD Million
TABLE 77 Rest of North America Weather Forecasting Services Market, 2021 - 2027, USD Million
TABLE 78 Rest of North America Weather Forecasting Services Market by Forecast Type, 2017 - 2020, USD Million
TABLE 79 Rest of North America Weather Forecasting Services Market by Forecast Type, 2021 - 2027, USD Million
TABLE 80 Rest of North America Weather Forecasting Services Market by Industry, 2017 - 2020, USD Million
TABLE 81 Rest of North America Weather Forecasting Services Market by Industry, 2021 - 2027, USD Million
TABLE 82 Rest of North America Weather Forecasting Services Market by Organization Size, 2017 - 2020, USD Million
TABLE 83 Rest of North America Weather Forecasting Services Market by Organization Size, 2021 - 2027, USD Million
TABLE 84 Rest of North America Weather Forecasting Services Market by Purpose, 2017 - 2020, USD Million
TABLE 85 Rest of North America Weather Forecasting Services Market by Purpose, 2021 - 2027, USD Million
TABLE 86 Key Information – Global Weather Corporation
TABLE 87 Key Information – AccuWeather, Inc.
TABLE 88 Key Information – BMT Group Ltd.
TABLE 89 Key Information – Precision Weather Services
TABLE 90 Key Information – ENAV S.p.A.
TABLE 91 Key Information – Skyview Systems Ltd
TABLE 92 Key Information – Met Office
TABLE 93 Key Information – StormGeo
TABLE 94 Key Information – Fugro N.V.
TABLE 95 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