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 Global Weather Alert and Warning Systems Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
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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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
NOAA Weather Radio
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Transportation & Logistics
Weather Service Providers
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.
The report aims to provide a complete analysis of the global Weather Alert and Warning Systems Market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Weather Alert and Warning Systems Market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
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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