Weather Forecasting Services Market

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Weather Forecasting Services Market by Industry,
Purpose, Growth, Trends and Region - Global
Forecast to 2021
The report "Weather Forecasting Services Market
by Industry (Renewable Energy, Oil Gas,
Shipping, Media, Agriculture, Insurance, Retail,
Aviation), Purpose (Safety, Operational
Efficiency), Forecasting Type (Short,
Medium, Long) and Region - Global Forecast to
2021", The weather forecasting services market
is projected to grow from USD 1.10 Billion
in 2016 to USD 1.56 Billion by 2021, at a CAGR
of 7.15 during the forecast period. Browse 75
market data tables and 52 figures spread
through 159
in-depth TOC on Forecasting Services
pages and Weather Market
https//www.marketsandmarkets.com/Market-Reports/w
eather-forecasting-services- market-218398014.htm
l Early buyers will receive 10 customization on
this report. Factors such rapid
industrialization, growth in transportation
(aviation and shipping), constant measures to
reduce emission of greenhouse gases, increase in
the production of clean energy (renewable
energy), and increase in demand for more reliable
and accurate weather forecast are some of the
key factors that are expected to drive the
weather forecasting services market during the
forecast period. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id218398014 Based on industry, the
renewable energy segment is expected to lead the
weather forecasting services market during the
forecast period On the basis of industry, the
weather forecasting services market has been
segmented into renewable energy, oil gas,
shipping, media, agriculture, insurance, retail,
aviation, utility, and others. The renewable
energy segment is expected to lead the weather
forecasting services market during the forecast
period. Increase in electricity consumptions and
energy requirements for domestic use, and all
countries around the globe are facing several
challenges in meeting the increased energy
demand. Governments are deploying renewable
energy efficiently to supplement energy
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requirements of countries, thereby reducing the
emission of greenhouse gases and producing clean
energy. All these factors have fueled the growth
of the renewable energy industry globally. Based
on purpose, the operational efficiency segment is
expected to grow at the highest CAGR during the
forecast period The weather forecasting services
market has been segmented on the basis of purpose
into operational efficiency, safety, and others.
The operational efficiency segment is
anticipated to grow at the highest CAGR during
the forecast period. It is expected to lead the
weather forecasting services market on account of
its purpose of efficiency and economic
viability. Increasing demand for renewable energy
power plants, growth in international trade
between countries, and transportation (shipping
and aviation) have resulted in increase in
demand for operational efficiency. The Asia
Pacific weather forecasting services market is
expected to grow at the highest CAGR during the
forecast period The weather forecasting services
market in Asia-Pacific is estimated to account
for the largest share in 2016. The weather
forecasting services market in Asia-Pacific is
anticipated to grow at the highest CAGR during
the forecast period. Factors such as growth in
air sea transport, dependency on rainfall for
water, constant measures to increase the
production of clean energy, improving economic
conditions in the Asia- Pacific region, and
increasing concerns for safety security are
driving the Asia-Pacific weather forecasting
services market. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id218398014 Key Market Players Major
players operating in the weather forecasting
services market are StormGeo (Norway), BMT Group
(U.K.), Fugro (Netherlands), ENAV spa (Europe),
The Weather Company (U.S.), Global Weather
Company (U.S.), Mateoblue (U.S.), Precision
Weather (U.S.), METEO Group (U.K.), and Met
Office (U.K.). Dont miss out on business
opportunities in Weather Forecasting Services
Market. Speak to our analyst and gain crucial
industry insights that will help your business
grow. About MarketsandMarkets MarketsandMarkets
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