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Market Size – USD 1.74 Billion in 2021, Market Growth – at a CAGR of 7.5%, Market Trends – Growing demand from weather service providers
— Emerging research
VANCOUVER, BC, CANADA, June 2, 2022 /EINPresswire.com/ — The global Weather Alert/Warning System market size reached USD 1.74 billion in 2021 and is expected to register a CAGR of 7.5% during of the forecast period, according to latest analysis by Emergen Research. Initiatives undertaken by international bodies such as the United Nations to promote the use of weather warning systems in developing countries are a key factor in the growth of market revenue.
On March 3, 2022, the Secretary-General of the United Nations announced a project to ensure the availability of weather warning systems in all developing countries. Collaboration with the World Meteorological Organization aims to reduce the risks associated with unexpected climate change. In addition, early warning systems provide real-time monitoring of atmospheric conditions at sea and on land, and thus play an important role in predicting future weather events. Additionally, expanding use in developing countries enables people to prepare for potentially adverse weather conditions and disasters such as tropical storms, heavy rains and floods, heat waves and forest fires, among others, caused by global warming and climate change.
Extreme exposure and vulnerability to weather events is a major factor driving the demand for weather alert/warning systems and supporting the market revenue growth
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Large investments from major companies such as Midland Radio, Eton Corporation, Sangean, and others are playing a major role in the market revenue growth. These companies are increasingly deploying technologies such as heat-based sensors, diode detector-based radio frequency sensors, and others to innovate products that precisely meet end-user requirements. For example, Midland’s WR400 allows users to connect an external alert device. Moreover, the device allows users to customize it according to their preferences.
Some highlights of the report
The National Oceanic and Atmospheric Administration (NOAA) Weather Radio segment accounted for a significantly robust revenue share in 2021. Increased consumer awareness of the benefits of NOAA All-Hazards Weather Radio is a major driver of revenue growth. revenue from this segment. NOAA’s All-Hazards Weather Radio is essential as it provides alerts related to severe weather conditions and also provides information related to train derailments, terrorist attacks, etc. The increase in demand can also be attributed to the availability of portable NOAA emergency weather radios. This type of radio is ideal when on the go. Plus, the included batteries are by far the most convenient for powering the emergency radio and listening while travelling.
The weather service provider segment accounted for a significantly large revenue share in 2021. Growing demand for wireless emergency alerts is a key driver for revenue growth in this segment. Wireless emergency alerts are a type of emergency signal that is sent through a FEMA gateway to participating wireless carriers who, in turn, transmit to subscribers’ mobile handsets. This is especially useful during the sudden formation of a tornado and for flash flood warnings. In addition, wireless emergency alerts greatly improve government awareness in the event of an emergency.
The Asia-Pacific market accounted for the largest revenue share in 2021. Signs of escalating climate change and the impacts of extreme weather events are some of the key factors driving the market’s revenue growth. Additionally, rapid advancements in meteorological instruments and large investments by governments of various countries have contributed to the market revenue growth and the trend is expected to continue.
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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 SA
On May 3, 2022, Palo Alto Innovation, LLC, which is a leading provider of innovative product designs across various end-use industries and headquartered in California, USA, released the update Sandman Doppler Smart Clock 1.4. It includes OS upgrades, Wi-Fi connectivity, bug fixes, and more. The company is also launching a redesigned Doppler display that will provide customers with real-time weather updates. Weather forecasts are updated every hour, allowing users to keep up to date with incoming weather or view today’s forecast. Additionally, the display can be changed to show humidity levels, air quality data, and temperature information. Additionally, for ease of interpretation, all values are color coded.
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Emergen Research has segmented the global weather alert/warning system market based on type, end-use, and region:
Type Outlook (Revenue, USD billion; 2019-2030)
Exterior warning sirens
Local TV and radio stations
Cable TV systems
Mobile phone apps
NOAA Weather Radio
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Agriculture
Logistic transport
Aviation
Marine
Weather Service Providers
Others
Regional Outlook (Revenue, USD Billion; 2019-2030)
North America
WE
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
The rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East and Africa
Saudi Arabia
United Arab Emirates
South Africa
Turkey
Rest of MEA
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Contents:
1 Scope of the report
1.1 Market Overview
1.2 Research objectives
1.3 Years considered
1.4 Market research methodology
1.5 Economic indicators
1.6 Currency considered
2 Executive summary
3 global weather alert and warning systems per players
4 Weather Alert and Warning Systems by Regions
4.1 Weather Alert and Warning Systems Market Size by Regions
4.2 Americas Weather Alert and Warning Systems Market Size Growth
4.3 APAC Weather Alert and Warning Systems Market Size Growth
4.4 Europe Weather Alert and Warning Systems Market Size Growth
4.5 Middle East & Africa Weather Alert and Warning Systems Market Size Growth
5 Americas
6 APACs
7Europe
8 Middle East and Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market trends
10 Global Weather Alert and Warning Systems Market Forecast
Analysis of the 11 key players
12 Research findings and conclusion
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