Asia Pacific Weather Forecasting Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Industry (Agriculture, Aviation, Marine, Transport and Logistics, Energy and Utilities, Oil and Gas, Media, Insurance, Retail, Construction and Mining, and Others), Purpose (Operational Efficiency, Safety, and Others), Forecasting Type (Nowcast, Short Range, Medium Range, and Long Range), and Organization Size (Large Enterprises and Small and Medium-sized Enterprises)

Code: TIPRE00026623 | Pages: 154 | Industry: Technology, Media and Telecommunications | Date: Jan 2022 | Type: Regional

 

The Asia Pacific weather forecasting services market is expected to grow from US$ 298.87 million in 2021 to US$ 592.96 million by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.

Weather forecasting is a consulting service that delivers real-time forecasts and aids in efficient day-to-day planning and informed decision-making in various industrial settings. Advanced weather notifications enable enterprises to plan weather-sensitive operations ahead of time, ensuring safety, efficiency, better sustainability, and significant cost savings. Weather forecasting services are used extensively in various industries, including oil and gas, renewable energy, shipping, media, agriculture, aviation, utilities, and construction. Over the projection period, the renewable energy sector is expected to dominate the market, owing to increased electricity consumption and energy requirements in various end-use industries. Various industrial enterprises are being encouraged to cut their greenhouse gas emissions to produce clean energy due to further strong government measures aimed at substituting non-renewable resources with renewable energy. During the forecast period, these factors are anticipated to increase demand for weather forecasting services.

 

The government's containment measure in this region has negatively affected several industrial operations in the region. China is the leading manufacturing country in this region and is among the worst-hit countries along with India. This has ultimately impacted the production across various sectors. However, the increasing environmental concerns are still supporting the need for weather forecasting services in Asia Pacific. Further, due the interruption in supply chain and logistics, the procurement rate of various electronics equipment used for building weather forecasting equipment/systems, has been impacted severely. India, South Korea, Japan, Vietnam, and other Asian countries have witnessed a sharp decline in the production operation across various manufacturing units. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries in the region. For instance, China is the Asia Pacific hub of manufacturing and largest raw material supplier for various industries, and it is one of the worst affected COVID-19 countries. Hence, the ongoing disruptions in supply of raw materials and components are expected to impact the growth of the weather forecasting services market in coming quarters in Asia Pacific.

 

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific weather forecasting services market. With a constant increase in the temperature and the air becoming warmer, water evaporation has intensified, leading to frequent downpours and heavy snowfall. This heavy precipitation is not spread evenly across the region with some places not getting required amount of precipitation. Since climate change causes a shift in air and ocean currents, it changes weather patterns. The rising incidence of natural disasters due to undesired climatic changes and subsequent security concerns has surfaced as the key factor behind the growth in the Asia Pacific weather forecasting services market. Advanced and reliable weather forecasting achieved within the stipulated time can lead to significant cost savings and also help with protection against catastrophes and natural disasters. The technological advancements in computing systems, such as advanced data analytics, model development, and machine learning tools and techniques, are likely to boost he demand for weather forecasting services market.

 

   Asia Pacific Weather Forecasting Services Market Revenue and Forecast to 2028 (US$ Million)

  Asia Pacific Weather Forecasting Services Market Revenue and Forecast to 2028 (US$ Million)   

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  • Asia Pacific Weather Forecasting Services Market Segmentation

  • Asia Pacific Weather Forecasting Services Market – By Industry

    • Agriculture
    • Aviation
    • Marine
    • Transport and Logistics
    • Energy and Utilities
    • Oil and Gas
    • Media
    • Insurance
    • Retail
    • Construction and Mining
    • Others
  • Asia Pacific Weather Forecasting Services Market – By Purpose

    • Operational Efficiency
    • Safety
    • Others
  • Asia Pacific Weather Forecasting Services Market– By Forecasting Type

    • Nowcast
    • Short Range
    • Medium Range
    • Long Range
  • Asia Pacific Weather Forecasting Services Market – By Organization Size

    • Large Enterprises
    • Small and Medium-Sized Enterprises
  • Asia Pacific Weather Forecasting Services Market – By Country

    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific

 1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Asia Pacific Weather Forecasting Services Market – By Industry

1.3.2        Asia Pacific Weather Forecasting Services Market – By Purpose

1.3.3        Asia Pacific Weather Forecasting Services Market – By Forecasting Type

1.3.4        Asia Pacific Weather Forecasting Services Market – By Organization Size

1.3.5        Asia Pacific Weather Forecasting Services Market – By Country

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Asia Pacific Weather Forecasting Services Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

4.5         Premium Insights

4.5.1        Overview

4.5.1.1          Weatherbit.io

4.5.1.2          AccuWeather

4.5.1.3          Weather Underground

4.5.1.4          World Climate Service

4.5.1.5          Weather Source

4.5.1.6          Meteomatics

5.           Weather Forecasting Services Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Fluctuation in Climate Leading to Uncertainties in Rainfall

5.1.2        Significant Investments along with Government Support

5.2         Market Restraints

5.2.1        Incrementing Complications Related to Weather Forecasting Models

5.3         Market Opportunities

5.3.1        Heightening Use of Technologically Advanced Systems Among Airports

5.4         Future Trends

5.4.1        Development of Advanced Technologies in Weather Forecasting Services

5.5         Impact Analysis of Drivers and Restraints

6.           Weather Forecasting Services Market – Asia Pacific Market Analysis

6.1         Asia Pacific Weather Forecasting Services Market Overview

6.2         Asia Pacific Weather Forecasting Services Market Forecast and Analysis

7.           Asia Pacific Weather Forecasting Services Market Analysis – By Industry

7.1         Overview

7.2         Weather Forecasting Services, by Industry (2020 and 2028)

7.3         Agriculture

7.3.1        Overview

7.3.2        Agriculture: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Aviation

7.4.1        Overview

7.4.2        Aviation: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Marine

7.5.1        Overview

7.5.2        Marine: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Transport and Logistics

7.6.1        Overview

7.6.2        Transport and Logistics: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Energy and Utilities

7.7.1        Overview

7.7.2        Energy and Utilities: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.8         Oil and Gas

7.8.1        Overview

7.8.2        Oil and Gas: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.9         Media

7.9.1        Overview

7.9.2        Media: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.10      Insurance

7.10.1     Overview

7.10.2     Insurance: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.11      Retail

7.11.1     Overview

7.11.2     Retail: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.12      Construction and Mining

7.12.1     Overview

7.12.2     Construction and Mining: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

7.13      Others

7.13.1     Overview

7.13.2     Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

8.           Asia Pacific Weather Forecasting Services Market Analysis – By Purpose

8.1         Overview

8.2         Weather Forecasting Services, by Purpose (2020 and 2028)

8.3         Operational Efficiency

8.3.1        Overview

8.3.2        Operational Efficiency: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Safety

8.4.1        Overview

8.4.2        Safety: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

9.           Asia Pacific Weather Forecasting Services Market Analysis – By Forecasting Type

9.1         Overview

9.2         Weather Forecasting Services, by Forecasting Type (2020 and 2028)

9.3         Nowcast

9.3.1        Overview

9.3.2        Nowcast: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Short-Range

9.4.1        Overview

9.4.2        Short-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Medium-Range

9.5.1        Overview

9.5.2        Medium-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Long-Range

9.6.1        Overview

9.6.2        Long-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

10.        Asia Pacific Weather Forecasting Services Market Analysis – By Organization Size

10.1      Overview

10.2      Weather Forecasting Services, by Organization Size (2020 and 2028)

10.3      Small and Medium-Sized Enterprises

10.3.1     Overview

10.3.2     Small and Medium-Sized Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Large Enterprises

10.4.1     Overview

10.4.2     Large Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.        Asia Pacific Weather Forecasting Services Market – Country Analysis

11.1      APAC: Weather Forecasting Services Market

11.1.1     APAC: Weather Forecasting Services Market- by Key Country

11.1.1.1       China: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       China: Weather Forecasting Services Market- by Industry

11.1.1.1.2       China: Weather Forecasting Services Market- By Purpose

11.1.1.1.3       China: Weather Forecasting Services Market- By Forecasting Type

11.1.1.1.4       China: Weather Forecasting Services Market- By Organization Size

11.1.1.2       India: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       India: Weather Forecasting Services Market- by Industry

11.1.1.2.2       India: Weather Forecasting Services Market- By Purpose

11.1.1.2.3       India: Weather Forecasting Services Market- By Forecasting Type

11.1.1.2.4       India: Weather Forecasting Services Market- By Organization Size

11.1.1.3       Japan: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Japan: Weather Forecasting Services Market- by Industry

11.1.1.3.2       Japan: Weather Forecasting Services Market- By Purpose

11.1.1.3.3       Japan: Weather Forecasting Services Market- By Forecasting Type

11.1.1.3.4       Japan: Weather Forecasting Services Market- By Organization Size

11.1.1.4       Australia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       Australia: Weather Forecasting Services Market- by Industry

11.1.1.4.2       Australia: Weather Forecasting Services Market- By Purpose

11.1.1.4.3       Australia: Weather Forecasting Services Market- By Forecasting Type

11.1.1.4.4       Australia: Weather Forecasting Services Market- By Organization Size

11.1.1.4.5       South Korea: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.6       South Korea: Weather Forecasting Services Market- by Industry

11.1.1.4.7       South Korea: Weather Forecasting Services Market- By Purpose

11.1.1.4.8       South Korea: Weather Forecasting Services Market- By Forecasting Type

11.1.1.4.9       South Korea: Weather Forecasting Services Market- By Organization Size

11.1.1.5       Rest of APAC: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1       Rest of APAC: Weather Forecasting Services Market- by Industry

11.1.1.5.2       Rest of APAC: Weather Forecasting Services Market- By Purpose

11.1.1.5.3       Rest of APAC: Weather Forecasting Services Market- By Forecasting Type

11.1.1.5.4       Rest of APAC: Weather Forecasting Services Market- By Organization Size

12.        Asia Pacific Weather Forecasting Services Market - COVID-19 Impact Analysis

12.1      Asia Pacific

13.        Industry Landscape

13.1      Overview

13.2      Market Initiative

13.3      Merger and Acquisition

14.        Company Profiles

14.1      AccuWeather, Inc.

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      IBM Corporation

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      DTN

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      StormGeo

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Fugro

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      ENAV S.p.A.

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      The Tomorrow Companies Inc.

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      BMT Group Ltd.

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Glossary

 


LIST OF TABLES

Table 1.             Asia Pacific Weather Forecasting Services Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2.             China: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 3.             China: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 4.             China: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 5.             China: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 6.             India: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 7.             India: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 8.             India: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             India: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Japan: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 11.          Japan: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Japan: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Japan: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 14.          Australia: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 15.          Australia: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 16.          Australia: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 17.          Australia: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 18.          South Korea: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 19.          South Korea: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 20.          South Korea: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 21.          South Korea: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 22.          Rest of APAC: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of APAC: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of APAC: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of APAC: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 26.          Glossary of Terms, Weather Forecasting Services Market

 


LIST OF FIGURES

Figure 1.           Weather Forecasting Services Market Segmentation

Figure 2.           Weather Forecasting Services Market Segmentation - Country

Figure 3.           Weather Forecasting Services Market Overview

Figure 4.           Weather Forecasting Services Market, By Industry

Figure 5.           Weather Forecasting Services Market, By Purpose

Figure 6.           Weather Forecasting Services Market, By Forecasting Type

Figure 7.           Weather Forecasting Services Market, By Organization Size

Figure 8.           Weather Forecasting Services Market, By Country

Figure 9.           Asia Pacific PEST Analysis

Figure 10.        Weather Forecasting Services Market Ecosystem Analysis

Figure 11.        Expert Opinion

Figure 12.        Weather Forecasting Services Market Impact Analysis of Drivers and Restraints

Figure 13.        Asia Pacific Weather Forecasting Services Market, Forecast and Analysis (US$ Mn)

Figure 14.        Weather Forecasting Services Market Revenue Share, by Industry (2020 and 2028)

Figure 15.        Agriculture: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Aviation: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Marine: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Transport and Logistics: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Energy and Utilities: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Oil and Gas: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Media: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Insurance: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Retail: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Construction and Mining: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Weather Forecasting Services Market Revenue Share, by Purpose (2020 and 2028)

Figure 27.        Operational Efficiency: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Safety: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Others: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Weather Forecasting Services Market Revenue Share, by Forecasting Type (2020 and 2028)

Figure 31.        Nowcast: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Short-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Medium-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Long-Range: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Weather Forecasting Services Market Revenue Share, by Organization Size (2020 and 2028)

Figure 36.        Small and Medium-Sized Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Large Enterprises: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Asia Pacific: Weather Forecasting Services Market, by Key Country – Revenue (2020) (USD Million)

Figure 39.        APAC: Weather Forecasting Services Market Revenue Share, by Key Country (2020 and 2028)

Figure 40.        China: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        India: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42.        Japan: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        Australia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44.        South Korea: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        Rest of APAC: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46.        Impact of COVID-19 Pandemic in APAC Country Markets

  1. AccuWeather, Inc.
  2. IBM Corporation
  3. DTN
  4. StormGeo
  5. Fugro
  6. ENAV S.p.A.
  7. The Tomorrow Companies Inc.
  8. BMT Group Ltd.
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