Europe 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)
The Europe weather forecasting services market is expected to grow from US$ 382.76 million in 2021 to US$ 715.92 million by 2028; it is estimated to grow at a CAGR of 9.4% from 2021 to 2028.
Rising demand for weather forecasting based on big data analytics is one of the critical reasons to propel the Europe weather forecasting services market forward. Furthermore, the changing climate pattern has resulted in rainfall uncertainties. Weather forecasting is a consulting service that provides real-time forecasts and assists in daily planning and informed decision-making in a range of industrial contexts. Companies can plan weather-sensitive activities ahead of time using advanced weather notifications, resulting in significant cost savings, greater sustainability, efficiency, and safety. Construction, utilities, oil and gas, media, renewable energy, agriculture, shipping, and aviation are just a few businesses that employ weather forecasting services. Shortly, the renewable energy sector is projected to emerge as one of the primary end-users of Europe weather forecasting services. Growing power consumption and energy demand in several end-use industries has resulted in this dominance. As a result of stringent government regulations, many manufacturing companies are being urged to reduce their greenhouse gas emissions to generate sustainable energy. These strategies are intended to supplement non-renewable energy supplies with renewable energy sources. These factors are projected to increase demand in Europe weather forecasting services market shortly.
Due to the outbreak of COVID-19, electronics equipment and associated services have been significantly affected. The pandemic has distrusted the supply chain in various countries in this region. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of COVID-19 among their citizens. European countries represent a leading share in the market as this region has the highest environmental safety standards. However, due to the disrupted supply chain of hardware components used to control the after-effects of natural disasters, the market has been significantly affected and weather forecasting services have been reporting delays. Similarly, the production of various electronic devices and associated weather forecasting services have also seen a sharp decline in European countries due to the pandemic, which is expected to remain under stress in the next couple of years. Furthermore, the recent imposition of containment measures, owing to the spread of newly mutated strain, might further hamper the market in this region in the near future.
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 Europe weather forecasting services market. Weather forecasting services are highly efficient and helpful when dealing with the turbulence and wind shear issues. These services help monitor and measure wind at and near the airport environment. They are also used in the aerospace sector to improve long-range wind awareness. The aviation industry depends heavily on the weather for decision-making is taken without considering the weather. One of the major threats for air travel is safety issues, which has increased with an unbalanced rise in airport capacities and facilities, coupled with frequent extreme weather conditions being experienced in Europe. There has been an increase in air accidents due to bad weather conditions, taking the lives of about many passengers in the region. Furthermore, the augmenting focus on operational efficiency and the surge in public-private partnership toward producing more accurate and reliable weather forecasts are creating lucrative market opportunities.
- Europe Weather Forecasting Services Market Segmentation
Europe 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
Europe Weather Forecasting Services Market – By Purpose
- Operational Efficiency
- Safety
- Others
Europe Weather Forecasting Services Market – By Forecasting Type
- Nowcast
- Short Range
- Medium Range
- Long Range
Europe Weather Forecasting Services Market – By Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises
Europe Weather Forecasting Services Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Weather Forecasting Services Market – By Industry
1.3.2 Europe Weather Forecasting Services Market – By Purpose
1.3.3 Europe Weather Forecasting Services Market – By Forecasting Type
1.3.4 Europe Weather Forecasting Services Market – By Organization Size
1.3.5 Europe Weather Forecasting Services Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. 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 Change in Climate Patterns Resulting in Rainfall Uncertainties
5.1.2 Significant Investments into Clean Energies Together with Government Support
5.2 Market Restraints
5.2.1 Various Complexities Associated with the Models of Weather Forecasting
5.3 Market Opportunities
5.3.1 Surge in the Usage of Technologically Advanced Systems Among Airports
5.4 Future Trends
5.4.1 Incorporation of Advanced Technologies in Weather Forecasting Services
5.5 Impact Analysis of Drivers and Restraints
6. Weather Forecasting Services Market – Europe Market Analysis
6.1 Europe Weather Forecasting Services Market Overview.
6.2 Europe Weather Forecasting Services Market Forecast and Analysis
7. Europe 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. Europe 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. Europe 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. Europe 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. Europe Weather Forecasting Services Market – Country Analysis
11.1 Europe: Weather Forecasting Services Market
11.1.1 Europe: Weather Forecasting Services Market- by Key Country
11.1.1.1 Germany: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Weather Forecasting Services Market- by Industry
11.1.1.1.2 Germany: Weather Forecasting Services Market- By Purpose
11.1.1.1.3 Germany: Weather Forecasting Services Market- By Forecasting Type
11.1.1.1.4 Germany: Weather Forecasting Services Market- By Organization Size
11.1.1.2 France: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 France: Weather Forecasting Services Market- by Industry
11.1.1.2.2 France: Weather Forecasting Services Market- By Purpose
11.1.1.2.3 France: Weather Forecasting Services Market- By Forecasting Type
11.1.1.2.4 France: Weather Forecasting Services Market- By Organization Size
11.1.1.3 Italy: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Italy: Weather Forecasting Services Market- by Industry
11.1.1.3.2 Italy: Weather Forecasting Services Market- By Purpose
11.1.1.3.3 Italy: Weather Forecasting Services Market- By Forecasting Type
11.1.1.3.4 Italy: Weather Forecasting Services Market- By Organization Size
11.1.1.4 UK: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 UK: Weather Forecasting Services Market- by Industry
11.1.1.4.2 UK: Weather Forecasting Services Market- By Purpose
11.1.1.4.3 UK: Weather Forecasting Services Market- By Forecasting Type
11.1.1.4.4 UK: Weather Forecasting Services Market- By Organization Size
11.1.1.5 Russia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Weather Forecasting Services Market- by Industry
11.1.1.5.2 Russia: Weather Forecasting Services Market- By Purpose
11.1.1.5.3 Russia: Weather Forecasting Services Market- By Forecasting Type
11.1.1.5.4 Russia: Weather Forecasting Services Market- By Organization Size
11.1.1.6 Rest of Europe: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Weather Forecasting Services Market- by Industry
11.1.1.6.2 Rest of Europe: Weather Forecasting Services Market- By Purpose
11.1.1.6.3 Rest of Europe: Weather Forecasting Services Market- By Forecasting Type
11.1.1.6.4 Rest of Europe: Weather Forecasting Services Market- By Organization Size
12. Europe Weather Forecasting Services Market - COVID-19 Impact Analysis
12.1 Europe
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 Skyview Systems
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 IBM Corporation
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 DTN
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 StormGeo
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 Fugro
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 ENAV S.p.A.
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 The Tomorrow Companies Inc.
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
14.9 BMT Group Ltd.
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Global Weather Corporation
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Europe Weather Forecasting Services Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Germany: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 17. UK: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Weather Forecasting Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Weather Forecasting Services Market- by Industry –Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Weather Forecasting Services Market- By Purpose –Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: Weather Forecasting Services Market- By Forecasting Type –Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: 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. Europe – 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. Europe 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. Europe: Weather Forecasting Services Market, by Key Country – Revenue (2020) (USD Million)
Figure 39. Europe: Weather Forecasting Services Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. Germany: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. France: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Italy: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. UK: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Russia: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Rest of Europe: Weather Forecasting Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Impact of COVID-19 Pandemic in Europe Country Markets
- AccuWeather, Inc.
- Skyview Systems
- IBM Corporation
- DTN
- StormGeo
- Fugro
- ENAV S.p.A.
- The Tomorrow Companies Inc.
- BMT Group Ltd.
- Global Weather Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe weather forecasting services market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe weather forecasting services market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe weather forecasting services market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution