The global weather alert/warning systems market size reached USD 1.74 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to latest analysis by Emergen Research. Initiatives being undertaken by international bodies such as the United Nations to promote the usage of weather alert systems in developing countries is a key factor driving market revenue growth.
On 3 March 2022, the Secretary-General of the United Nations announced a project to ensure the availability of weather alert systems in all developing countries. The collaboration with the World Meteorological Organization aims to reduce the risks associated with unexpected climate changes. In addition, early warning systems enable monitoring of real-time atmospheric conditions at sea and on land, and thus play an important role in predicting upcoming weather events. Moreover, expanding use into developing countries allows populations to prepare for potentially adverse weather conditions and disasters such as tropical storms, heavy rains and flooding, heatwaves, and forest fires, among others, caused by global warming and climate change.
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The latest report on the global Weather Alert and Warning Systems Management Market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Weather Alert and Warning Systems Management Market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Weather Alert and Warning Systems Management Market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2022-2030.
Some major companies in the global market report include Eton Corporation, Sangean, Midland Radio, Kaito Electronics, Inc., Earth Network, Inc., Vaisala, SS Trading Corporation, Pulsonic, Boltek, Dol-Sensors A/S, Visiplex, Inc., and Aplicaciones Tecnologicas S.A.
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Emergen Research has segmented the global weather alert/warning systems market on the basis of type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Outdoor Warning Sirens
Local Television and Radio Stations
Cable Television Systems
Cellphone Applications
NOAA Weather Radio
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Agriculture
Transportation Logistics
Aviation
Marine
Weather Service Providers
Others
Key Highlights from the Report
National Oceanic and Atmospheric Administration (NOAA) Weather Radio segment accounted for a significantly robust revenue share in 2021. Increasing consumer awareness regarding the benefits of having NOAA all hazards weather radio is a major factor driving revenue growth of this segment.
NOAA all hazards weather radio is critical as it provides alerts related to severe weather conditions and also provides information related to train derailments, terrorist attacks, and more. Increasing demand can also be attributed to the availability of portable emergency NOAA weather radios. This type of radio is ideal during travel. Moreover, the batteries included are by far the most convenient to power the emergency radio and listen while traveling.
Weather service providers segment accounted for significantly large revenue share in 2021. Increasing demand for wireless emergency alerts is a key factor driving revenue growth in this segment.
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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
Objectives of the Report:
Study of the global Weather Alert and Warning Systems market size by key regions, types, and applications with reference to historical data (2019-2020) and forecast (2022-2030)
Industrial structure analysis of the Weather Alert and Warning Systems market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Weather Alert and Warning Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Weather Alert and Warning Systems market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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