Cloud Seeding Equipment Market Size

Cloud Seeding Equipment Market size was over USD 364.51 Million in 2023 and is poised to exceed USD 867.8 Million by 2036, growing at over 6.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cloud seeding equipment is estimated at USD 389.66 Million. The growth of the market is primarily attributed to the worldwide increasing risk of water scarcity. For instance, for at least a month, nearly two-thirds of the world's population confronts severe scarcity of water. Furthermore, by 2030, nearly 710 million people are estimated to be relocated caused by severe water scarcity.

Cloud seeding is a weather modification process which involves dropping of chemical agents into clouds to cause rain. Cloud seeding equipment is utilized to distribute a substance into the atmosphere in order to boost the chances of precipitation. Silver iodide, dry ice and even common table salt are key chemical agents that are seeded into upper part of clouds.  This process stimulates the precipitation process and form rain. Governments’ increasing initiatives for promoting cloud seeding in those area which have been facing water scarcity is a major factor to drive the growth of the global cloud seeding equipment market. For instance, Saudi Arabia has initiated a cloud seeding program, with the first batch of flights over Riyadh, Qassim, and Hail. This cloud-seeding program targets to increase rainfall in the country, which is currently average nearly less than 100 millimeters per year.