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Asia Pacific Aviation Weather Forecasting System Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Component (Hardware, Software, and Services), Application (Weather Stations, Weather Drones, Weather Balloons, and Others), and Forecast Type (Short Range, Medium Range, Extended Range, and Long Range)
- Report Code : BMIRE00027115
- Pages : 140
The aviation weather forecasting system market in Asia Pacific is expected to grow from US$ 196.08 million in 2022 to US$ 341.11 million by 2028; it is estimated to grow at a CAGR of 9.7% from 2022 to 2028.
The growing air passenger traffic is catalyzing the procurement of commercial aircraft fleets. To cater to the increasing passenger traffic and rising aircraft fleet, several countries—such as China, India, and Japan—that have large air traffic volume have already made their plans for building new airports across their respective regions. For instance, the Melbourne International Airports started its renovation activities in 2021. Similarly, the construction of Western Sydney Airport started in November 2021. According to several aviation sources, seven of the top 10 expensive airport projects that entered the execution phase in 2021 are in Asia. Such factors are expected to generate future opportunities for aviation weather forecasting systems and services during the forecast period across Asia Pacific. For instance, according to the plans released by the Civil Aviation Administration of China (CAAC) in 2021, China has already planned to build 215 airports by the end of 2035, which is one of the major factors expected to catalyze the demand for aviation weather forecasting systems during the forecast period. According to the plans released by the Civil Aviation Ministry of India in 2022, the country plans to initiate 220 new airport projects by 2025. Hence, construction of new airports and expansion of existing ones are likely to generate demand for aviation weather forecasting systems and services during the forecast period.
Asia Pacific Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Aviation Weather Forecasting System Market Segmentation
The Asia Pacific aviation weather forecasting system market is segmented on the basis of component, application, forecast type, and country. Based on component, the market is categorized into hardware, software, and services. In 2022, the hardware segment held the largest share of the market and is expected to register the highest CAGR during the forecast period. By application, the Asia Pacific aviation weather forecasting system market is divided 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 Asia Pacific 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 Asia Pacific aviation weather forecasting system market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. In 2022, China held the largest market share, and India is expected to register the highest CAGR during the forecast period.
Campbell Scientific, Inc.; Collins Aerospace; IBM Corporation; Universal Weather and Aviation, Inc.; Sutron; UBIMET; Vaisala; DTN; and Spire Global are among the leading companies operating in the Asia Pacific aviation weather forecasting system market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Aviation Weather Forecasting System Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific Aviation Weather Forecasting System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Widening Awareness About Safer Aviation Operations
5.1.2 Introduction of Electronic Weather Forecasting Systems
5.2 Market Restraints
5.2.1 Less Reliable Long-Term Weather Forecasts
5.3 Market Opportunities
5.3.1 Deployment of Weather Monitoring Drones
5.4 Future Trends
5.4.1 Construction of New Airports and Expansion of Existing Airports Generating Demand for New Installations
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific Aviation Weather Forecasting System Market Analysis
6.1 Asia Pacific Aviation Weather Forecasting System Market Overview
6.2 Asia Pacific Aviation Weather Forecasting System Market Forecast and Analysis
7. Asia Pacific Aviation Weather Forecasting System Market – by Component
7.1 Overview
7.2 Asia Pacific Aviation Weather Forecasting System Market, by Component
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Aviation Weather Forecasting System Market – by Application
8.1 Overview
8.2 Asia Pacific Aviation Weather Forecasting System Market, by Application
8.3 Weather Stations
8.3.1 Overview
8.3.2 Weather Stations: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.4 Weather Drones
8.4.1 Overview
8.4.2 Weather Drones: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.5 Weather Balloons
8.5.1 Overview
8.5.2 Weather Balloons: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Aviation Weather Forecasting System Market – by Forecast Type
9.1 Overview
9.2 Asia Pacific Aviation Weather Forecasting System Market, by Application
9.3 Short-Range
9.3.1 Overview
9.3.2 Short-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.4 Medium-Range
9.4.1 Overview
9.4.2 Medium-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.5 Extended-Range
9.5.1 Overview
9.5.2 Extended-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.6 Long-Range
9.6.1 Overview
9.6.2 Long-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Aviation Weather Forecasting System Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Aviation Weather Forecasting System Market, by Key Country
10.1.1.1 Australia: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Aviation Weather Forecasting System Market, by Component
10.1.1.1.2 Australia: Aviation Weather Forecasting System Market, by Application
10.1.1.1.3 Australia: Aviation Weather Forecasting System Market, by Forecast Type
10.1.1.2 China: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Aviation Weather Forecasting System Market, by Component
10.1.1.2.2 China: Aviation Weather Forecasting System Market, by Application
10.1.1.2.3 China: Aviation Weather Forecasting System Market, by Forecast Type
10.1.1.3 India: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Aviation Weather Forecasting System Market, by Component
10.1.1.3.2 India: Aviation Weather Forecasting System Market, by Application
10.1.1.3.3 India: Aviation Weather Forecasting System Market, by Forecast Type
10.1.1.4 Japan: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Aviation Weather Forecasting System Market, by Component
10.1.1.4.2 Japan: Aviation Weather Forecasting System Market, by Application
10.1.1.4.3 Japan: Aviation Weather Forecasting System Market, by Forecast Type
10.1.1.5 South Korea: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Aviation Weather Forecasting System Market, by Component
10.1.1.5.2 South Korea: Aviation Weather Forecasting System Market, by Application
10.1.1.5.3 South Korea: Aviation Weather Forecasting System Market, by Forecast Type
10.1.1.6 Rest of APAC: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Aviation Weather Forecasting System Market, by Component
10.1.1.6.2 Rest of APAC: Aviation Weather Forecasting System Market, by Application
10.1.1.6.3 Rest of APAC: Aviation Weather Forecasting System Market, by Forecast Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Campbell Scientific, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Collins Aerospace
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IBM Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ENAV S.p.A.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Universal Weather and Aviation, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Service
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sutron
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 UBIMET
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Vaisala
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 DTN
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Spire Global
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Aviation Weather Forecasting System Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. Australia: Aviation Weather Forecasting System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Aviation Weather Forecasting System Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Aviation Weather Forecasting System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Aviation Weather Forecasting System Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Aviation Weather Forecasting System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Aviation Weather Forecasting System Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Aviation Weather Forecasting System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Aviation Weather Forecasting System Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Aviation Weather Forecasting System Market, by Component– Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Aviation Weather Forecasting System Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Aviation Weather Forecasting System Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Aviation Weather Forecasting System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Aviation Weather Forecasting System Market, by Forecast Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Aviation Weather Forecasting System Market Segmentation
Figure 2. Asia Pacific Aviation Weather Forecasting System Market Segmentation – Country
Figure 3. Asia Pacific Aviation Weather Forecasting System Market Overview
Figure 4. Asia Pacific Aviation Weather Forecasting System Market, By Component
Figure 5. Asia Pacific Aviation Weather Forecasting System Market, By Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Asia Pacific Aviation Weather Forecasting System Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Aviation Weather Forecasting System Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Aviation Weather Forecasting System Market, Forecast and Analysis (US$ Million)
Figure 11. Asia Pacific Aviation Weather Forecasting System Market Revenue Share, by Component (2021 and 2028)
Figure 12. Hardware: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Software: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Services: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Aviation Weather Forecasting System Market Revenue Share, by Application (2021 and 2028)
Figure 16. Weather Stations: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Weather Drones: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Weather Balloons: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Asia Pacific Aviation Weather Forecasting System Market Revenue Share, by Application (2021 and 2028)
Figure 21. Short-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Medium-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Extended-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Long-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Geographic Overview of Asia Pacific Aviation Weather Forecasting System Market
Figure 26. Asia Pacific Aviation Weather Forecasting System Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Australia: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of APAC: Aviation Weather Forecasting System Market – Revenue and Forecast to 2028 (US$ Million)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific aviation weather forecasting system 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 Asia Pacific aviation weather forecasting system 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 Asia Pacific market trends and outlook coupled with the factors driving the aviation weather forecasting system 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
The List of Companies – Asia Pacific Aviation Weather Forecasting System Market
● Campbell Scientific, Inc.
● Collins Aerospace
● IBM Corporation
● Universal Weather and Aviation, Inc.
● Sutron
● UBIMET
● Vaisala
● DTN
● Spire Global
At 7.6% CAGR, the Asia Pacific Aviation Weather Forecasting System Market is speculated to be worth US$ 377.04 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Asia Pacific aviation weather forecasting system market was valued at US$ 196.08 million in 2022 and is expected to reach US$ 341.11 million by 2028, registering an annual growth rate of 9.7% from 2022 to 2028. Deployment of weather monitoring drones and construction of new airports and expansion of existing airports generating demand for new installations.
Weather drones are specifically designed to fly in the lowest layer of Earth’s atmosphere (the boundary layer), and they are equipped with sensors for collecting information on temperature, wind, humidity, thunderstorms, and air pressure in the atmosphere. The deployment of drones to collect weather data is one of the major factors expected to generate huge opportunities for market vendors during the forecast period. These drones are installed with thermodynamic sensors that collect the weather data such as humidity, pressure, and temperature and report it to weather stations. Real-time forecasting systems can utilize this data at airports. The real-time forecasting system then uses the data to provide weather forecasts and updates for air traffic environments. Several organizations are currently working on more efficient drone data collection systems to achieve more reliable drone weather monitoring systems that can be utilized to deliver more accurate and real-time data for weather forecasting systems across the aviation industry. Further, the constantly rising deployment of high-cost military drones across different military forces is also driving the demand for weather monitoring systems for weather UAV applications. The UAVs are expensive and require a skilled pilot for a flight. Some autonomous UAVs do not require pilots to be flown; however, in bad weather conditions, they cannot be operated safely. Hence, weather forecasting analysis becomes more important for weather drone operators to achieve better operational efficiency. Several military forces are investing heavily in the procurement of UAVs and other unmanned systems, the demand for weather forecasting systems and services are also likely to be higher in the future compared to the current scenario. Such factors are expected to generate huge opportunities for aviation weather forecasting system market vendors during the forecast period.
On the contrary, less reliable long term weather forecasts.
Based on component, the Asia Pacific aviation weather forecasting system market is segmented into hardware, software, and services. The hardware segment held 43.4% market share in 2022, amassing US$ 84.13 million. It is projected to garner US$ 137.04 million by 2028 to expand at 8.5% CAGR during 2022–2028.
Based on application, the Asia Pacific aviation weather forecasting system market is segmented into weather stations, weather drones, weather balloons, and others. The weather stations segment held 54.4% market share in 2022, amassing US$ 106.75 million. It is projected to garner US$ 187.28 million by 2028 to expand at 9.8% CAGR during 2022–2028.
Based on end user, the Asia Pacific aviation weather forecasting system market is segmented into short-range, medium-range, extended-range, and long-range. The short-range segment held 60.7% market share in 2022, amassing US$ 119.61 million. It is projected to garner US$ 213.96 million by 2028 to expand at 10.2% CAGR during 2022–2028
Based on country, the Asia Pacific aviation weather forecasting system market has been segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. Our regional analysis states that China captured 34.2% market share in 2022. It was assessed at US$ 67.56 million in 2022 and is likely to hit US$ 123.62 million by 2028, exhibiting a CAGR of 10.6% during the forecast period.
Key players dominating the Asia Pacific aviation weather forecasting system market are Campbell Scientific, Inc.; Collins Aerospace; IBM Corporation; Universal Weather and Aviation, Inc.; Sutron; UBIMET; Vaisala; DTN; and Spire Global among others.
In 2022, Bechtel Engineering and Construction India Private Limited has inked an agreement to assist Tata Projects with the construction of the new Noida International Airport in the Indian state of Uttar Pradesh. In 2022, NASA’s super pressure balloon (SPB) launch window opened in New Zealand for a mission that will carry the 2.5-ton, football-stadium-sized balloon on a long-duration test flight.
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