Report : Middle East and Africa Weather Monitoring System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software) and Application (Metrology, Energy & Power, Transportation, Aviation, and Others)Â
Metrology Segment to Dominate MEA Weather Monitoring System Market during 2021–2028
According to a new market research study on “MEA Weather Monitoring System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component and Application” is expected to reach US$ 59.92 million by 2028 from US$ 41.21 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2021 to 2028. The report provides trends prevailing in the MEA weather monitoring system market along with the drivers and restraints pertaining to the market growth. Increasing penetration of IoT-based weather monitoring system is the major factor driving the growth of the MEA weather monitoring system market. However, issues associated with the complexity of weather forecasting systems hinder the growth of MEA weather monitoring system market.
The MEA weather monitoring system market is segmented based on component, application, and country. Based on component, the MEA weather monitoring system market is segmented into hardware and software. The hardware segment dominated the market in 2020 and software segment is expected to be the fastest growing during the forecast period. Based on application, the MEA weather monitoring system market is segmented into metrology, energy & power, transportation, aviation, and others. The metrology segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period. Based on country, MEA weather monitoring system market is classified into South Africa, UAE. And Rest of MEA.
Aeron Systems Private Limited; Baron Services, Inc; Boltek Lightning Detection Systems; Telegrafia a.s.; Vaisala are among the leading companies in the MEA weather monitoring system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Vaisala cooperated with Unikie to enable better utilization of hyperlocal accurate weather data in ports.
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