Product Code: ETC4557505 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India weather forecasting services market import shipments witnessed a significant growth momentum from 2020 to 2024, with a notable CAGR of 10.0%. The market's expansion accelerated notably in the period between 2023 and 2024, showing a robust growth rate of 46.3%. Overall, the market exhibited a strong upward trend, indicating a rapid expansion during the specified period.
The India Weather Forecasting Services market is evolving rapidly as climate-related challenges become more prominent and industries, agriculture, and disaster management increasingly rely on accurate weather forecasts. India diverse climatic conditions and extreme weather events necessitate sophisticated forecasting systems. The market encompasses both public and private sector players, each contributing to the development and dissemination of weather information. With increasing urbanization and industrialization, there is a growing need for timely and precise weather forecasts, providing opportunities for innovation in data collection, modeling, and distribution.
The India weather forecasting services market is growing due to several significant drivers. Firstly, the country`s vast and diverse geography, with varying climatic conditions, creates a high demand for accurate and timely weather forecasts. Agriculture, aviation, transportation, and disaster management are just a few sectors heavily reliant on reliable weather information. Secondly, the impact of climate change and the increasing occurrence of extreme weather events are driving the need for advanced weather forecasting services. These services provide critical information for disaster preparedness and response. Furthermore, the growth of the renewable energy sector, including wind and solar power generation, depends on accurate weather predictions to optimize energy production. The government`s focus on enhancing weather forecasting infrastructure and services to mitigate the impact of natural disasters and support various industries is another driving factor in this market.
The India Weather Forecasting Services market faces challenges related to data accuracy, technological infrastructure, and disaster preparedness. Ensuring the accuracy and reliability of weather forecasts is crucial for various sectors, including agriculture, aviation, and disaster management. Developing and maintaining a robust technological infrastructure, including weather monitoring equipment and data processing systems, requires significant investment. Improving the forecasting of extreme weather events, such as cyclones and monsoons, is essential for disaster preparedness and mitigation. Coordination and data sharing among various meteorological agencies and organizations are also critical for providing timely and accurate weather information to the public and relevant sectors.
The pandemic underscored the significance of accurate weather forecasting for various sectors, including agriculture, aviation, and disaster management. The market saw an increased demand for reliable weather forecasting services and technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Weather Forecasting Services Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Weather Forecasting Services Market Revenues & Volume, 2021 & 2031F |
3.3 India Weather Forecasting Services Market - Industry Life Cycle |
3.4 India Weather Forecasting Services Market - Porter's Five Forces |
3.5 India Weather Forecasting Services Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.6 India Weather Forecasting Services Market Revenues & Volume Share, By Purpose, 2021 & 2031F |
3.7 India Weather Forecasting Services Market Revenues & Volume Share, By Forecast Type, 2021 & 2031F |
3.8 India Weather Forecasting Services Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Weather Forecasting Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for accurate and timely weather forecasts to support various industries such as agriculture, aviation, and tourism. |
4.2.2 Technological advancements in weather forecasting technologies leading to more accurate predictions. |
4.2.3 Government initiatives to improve weather forecasting infrastructure and capabilities. |
4.3 Market Restraints |
4.3.1 Inadequate funding for weather forecasting services leading to limitations in technology upgrades and data collection. |
4.3.2 Limited availability of skilled meteorologists and data scientists to analyze weather data effectively. |
4.3.3 Challenges in accurately predicting extreme weather events such as cyclones and monsoons. |
5 India Weather Forecasting Services Market Trends |
6 India Weather Forecasting Services Market, By Types |
6.1 India Weather Forecasting Services Market, By Industry |
6.1.1 Overview and Analysis |
6.1.2 India Weather Forecasting Services Market Revenues & Volume, By Industry, 2021-2031F |
6.1.3 India Weather Forecasting Services Market Revenues & Volume, By Aviation, 2021-2031F |
6.1.4 India Weather Forecasting Services Market Revenues & Volume, By Agriculture, 2021-2031F |
6.1.5 India Weather Forecasting Services Market Revenues & Volume, By Marine, 2021-2031F |
6.1.6 India Weather Forecasting Services Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.1.7 India Weather Forecasting Services Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.1.8 India Weather Forecasting Services Market Revenues & Volume, By Insurance, 2021-2031F |
6.1.9 India Weather Forecasting Services Market Revenues & Volume, By Media, 2021-2031F |
6.1.10 India Weather Forecasting Services Market Revenues & Volume, By Media, 2021-2031F |
6.2 India Weather Forecasting Services Market, By Purpose |
6.2.1 Overview and Analysis |
6.2.2 India Weather Forecasting Services Market Revenues & Volume, By Operational Efficiency, 2021-2031F |
6.2.3 India Weather Forecasting Services Market Revenues & Volume, By Safety, 2021-2031F |
6.2.4 India Weather Forecasting Services Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Weather Forecasting Services Market, By Forecast Type |
6.3.1 Overview and Analysis |
6.3.2 India Weather Forecasting Services Market Revenues & Volume, By Nowcast, 2021-2031F |
6.3.3 India Weather Forecasting Services Market Revenues & Volume, By Short-Range, 2021-2031F |
6.3.4 India Weather Forecasting Services Market Revenues & Volume, By Medium-Range, 2021-2031F |
6.3.5 India Weather Forecasting Services Market Revenues & Volume, By Extended-Range, 2021-2031F |
6.3.6 India Weather Forecasting Services Market Revenues & Volume, By Long-Range, 2021-2031F |
6.4 India Weather Forecasting Services Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 India Weather Forecasting Services Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 India Weather Forecasting Services Market Revenues & Volume, By Small & Medium-Sized Enterprises, 2021-2031F |
7 India Weather Forecasting Services Market Import-Export Trade Statistics |
7.1 India Weather Forecasting Services Market Export to Major Countries |
7.2 India Weather Forecasting Services Market Imports from Major Countries |
8 India Weather Forecasting Services Market Key Performance Indicators |
8.1 Accuracy rate of weather forecasts compared to actual weather conditions. |
8.2 Adoption rate of advanced weather forecasting technologies by service providers. |
8.3 Frequency of updates and alerts provided by weather forecasting services to users. |
8.4 Customer satisfaction and feedback on the reliability and usefulness of forecasts. |
8.5 Number of partnerships and collaborations between weather forecasting services and industries like agriculture, transportation, and disaster management for tailored services. |
9 India Weather Forecasting Services Market - Opportunity Assessment |
9.1 India Weather Forecasting Services Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.2 India Weather Forecasting Services Market Opportunity Assessment, By Purpose, 2021 & 2031F |
9.3 India Weather Forecasting Services Market Opportunity Assessment, By Forecast Type, 2021 & 2031F |
9.4 India Weather Forecasting Services Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Weather Forecasting Services Market - Competitive Landscape |
10.1 India Weather Forecasting Services Market Revenue Share, By Companies, 2024 |
10.2 India Weather Forecasting Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |