Weather Alert and Warning Systems Market Size Reach USD 3.35 Billion in 2030 | Comapnies Eton, Sangean, Midland Radio
Market Size – USD 1.74 Billion in 2021, Market Growth – at a CAGR of 7.5%, Market Trends – Increasing demand from weather service providers
VANCOUVER, BC, CANADA, June 2, 2022 /EINPresswire.com/ -- 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. Moreover, expanding use into developing countries allows populations to prepare for potentially adverse weather conditions and disasters such as tropical storms, heavy rains and flooding, heatwaves, and forest fires, among others, caused by global warming and climate change.
Extreme exposure and vulnerability to weather events is a major factor driving demand for weather alert/warning systems and supporting market revenue growth
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Significant investments by major companies such as Midland Radio, Eton Corporation, Sangean, and others play a major role in driving 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-users requirements. For instance, Midland’s WR400 enables users to connect an external alerting device. In addition, the device enables users to customize it according to their preferences.
Some 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. Wireless emergency alerts are a type of emergency signal that is sent via 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 significantly improve government outreach during emergencies.
Market in Asia Pacific accounted for largest revenue share in 2021. The signs of escalating climate change and impacts from extreme weather events are some key factors driving market revenue growth. In addition, rapid advancements in meteorological instruments and significant investments by governments in various countries have contributed to market revenue growth and the trend is expected to continue going ahead.
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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 S.A.
On 3 May 2022, Palo Alto Innovation, LLC, which is a leading provider of innovative product designs across various end-use industries and is headquartered in California, U.S., released the Sandman Doppler Smart Clock 1.4 update. It includes operating system upgrades, Wi-Fi connectivity, bug fixes, and more. The company is also releasing a redesigned Doppler screen that will provide customers with real-time weather updates. The weather forecast is updated every hour, allowing users to stay up to date on incoming weather or see the day\'s forecast. In addition, the display can be changed to show humidity levels, air quality data, and temperature information. Moreover, to facilitate interpretation, all values are color-coded.
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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
Regional Outlook (Revenue, USD Billion; 2019-2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Table of Content:
1 Scope of the Report
1.1 Market Introduction
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 by 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 APAC
7 Europe
8 Middle East & 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
11 Key Players Analysis
12 Research Findings and Conclusion
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