The global weather alert/warning systems market size reached USD 1.74 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to latest analysis by Emergen Research. Initiatives being undertaken by international bodies such as the United Nations to promote the usage of weather alert systems in developing countries is a key factor driving market revenue growth.
On 3 March 2022, the Secretary-General of the United Nations announced a project to ensure the availability of weather alert systems in all developing countries. The collaboration with the World Meteorological Organization aims to reduce the risks associated with unexpected climate changes. In addition, early warning systems enable monitoring of real-time atmospheric conditions at sea and on land, and thus play an important role in predicting upcoming weather events.
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The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
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 S.A.
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The global Weather Alert and Warning Systems market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Weather Alert and Warning Systems sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Emergen Research has segmented the global weather alert/warning systems market on the basis of type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Outdoor Warning Sirens
Local Television and Radio Stations
Cable Television Systems
Cellphone Applications
NOAA Weather Radio
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Agriculture
Transportation & Logistics
Aviation
Marine
Weather Service Providers
Others
Key Highlights from the Report
National Oceanic and Atmospheric Administration (NOAA) Weather Radio segment accounted for a significantly robust revenue share in 2021. Increasing consumer awareness regarding the benefits of having NOAA all hazards weather radio is a major factor driving revenue growth of this segment.
NOAA all hazards weather radio is critical as it provides alerts related to severe weather conditions and also provides information related to train derailments, terrorist attacks, and more. Increasing demand can also be attributed to the availability of portable emergency NOAA weather radios. This type of radio is ideal during travel. Moreover, the batteries included are by far the most convenient to power the emergency radio and listen while traveling.
Weather service providers segment accounted for significantly large revenue share in 2021. Increasing demand for wireless emergency alerts is a key factor driving revenue growth in this segment.
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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
Key questions addressed in the report:
Who are the leading players dominating the global Weather Alert and Warning Systems Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Weather Alert and Warning Systems in this industry vertical?
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