South & Central America Aviation Weather Forecasting System Market

The aviation weather forecasting system market in South & Central America is expected to grow from US$ 19.94 million in 2022 to US$ 23.98 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2022 to 2028.

 With the rising aircraft movement worldwide, airlines are focusing on aircraft safety. To ensure aircraft safety, all aircraft operations are now being monitored at every stage, from flight component checks to flight operations. The airlines focus on avoiding the risk of turbulence to retain the proper working of aircraft parts for which the aviation weather forecasting data is utilized to achieve a safer flight operation. Based on data collected from aviation weather forecasting systems, several factors such as high cloud and fog, atmospheric temperature, space weather conditions, and levels of volcanic ash in the atmosphere are monitored and analyzed before any flight operation. These systems help generate different weather reports and forecast analyses to make decisions for any flight operations as well as ensure the safety of passengers and flight operations. The demand for safer flight operations among airline operators is also supported by rising awareness about reducing the overall operational costs of an aircraft operation. For instance, according to several aviation sources, airlines can lose ~US$ 13,000 whenever a flight is canceled due to uncertain events, such as unsuitable weather, which is a considerable loss for any airline operating across any airport. Such factors are generating awareness among airline companies to check all the weather details and forecasting data to conduct a cost-effective and safer flight operation.

 South & Central America Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million) 

South & Central America Aviation Weather Forecasting System Market Segmentation

The South & Central America aviation weather forecasting system market is segmented on the basis of component, application, forecast type, and country. Based on component, the market is segmented into hardware, software, and services. In 2022, the software segment held the largest share of the market and is expected to register the highest CAGR during the forecast period. By application, the South & Central America aviation weather forecasting system market is segmented into weather stations, weather drones, weather balloons, and others. The weather stations segment held the largest market share in 2022, and the weather drones segment is expected to register the highest CAGR in the market during the forecast period. In terms of forecast type, the South & Central America aviation weather forecasting system market is segmented into short-range, medium-range, extended-range, and long-range. The short-range segment held the largest market share in 2022 and is expected to register the highest CAGR in the market during the forecast period. From country point of reference, the South & Central America aviation weather forecasting system market is categorized into Brazil and Rest of SAM. In 2022, Brazil held the largest market share and is expected to register the highest CAGR during the forecast period.

Campbell Scientific, Inc.; Collins Aerospace; IBM Corporation; Universal Weather and Aviation, Inc.; Sutron; Vaisala; DTN; UBIMET; and Spire Global are among the leading companies operating in  the South & Central America aviation weather forecasting system market.

South & Central America Aviation Weather Forecasting System Market Strategic Insights

South & Central America Aviation Weather Forecasting System Market Segmentation Analysis

South & Central America Aviation Weather Forecasting System Market Report Highlights

South & Central America Aviation Weather Forecasting System Report Scope

South & Central America Aviation Weather Forecasting System Market Country and Regional Insights