CIOTechOutlook Team | Friday, 03 January 2025, 02:32 IST
The weather RADAR market is experiencing a significant change as evolving climate trends and fast-paced technological advancements require more accurate and forecast-oriented atmospheric information. The worldwide weather RADAR market was assessed at US$ 158.43 million in 2024 and is expected to grow to US$ 880.86 million by 2033, with a CAGR of 18% throughout the forecast period from 2025 to 2033.
As of 2023, 87% of top meteorological organizations globally indicate that real-time RADAR capabilities for monitoring severe storms and flood threats are a priority. In the meantime, 62% of private forecasting companies have increased their investments in high-resolution weather RADAR systems, highlighting a widespread focus on safety, agriculture, and infrastructure durability.
In a time when early warning systems can avert billions in losses, 76% of government initiatives focus on integrated RADAR networks to improve community readiness. At the same time, 58% of climate scientists recognize the increasing significance of cloud-centric data analysis tools for integrating and analyzing RADAR results.
These growing demands have led 69% of aerospace manufacturers in the weather RADAR sector to increase R&D spending for enhanced RADAR sensor creation, showcasing a unified effort towards improving precision and resilience in extreme weather monitoring. Technological advancements, such as dual-polarization innovations, are present in 53% of newly constructed RADAR systems, highlighting the sector's commitment to detecting subtle details like the form and kind of precipitation.
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