Weather Radar Market Share

North America Market Statistics

On the basis of geographical analysis, the global weather radar market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is predicted to account for largest revenue share by 2037, propelled by high government expenditure on advanced technology in the region. Moreover, higher adoption of technology in the military and defense sector, along with huge budget for security forces in the region, are estimated to boost the market growth.

APAC Market Analysis

The market in the Asia Pacific is estimated to witness highest CAGR during the forecast period, as the region is prone to weather disturbances, owing to its geographical position, especially countries, such as, Indonesia, Singapore, Japan, and India. This is expected to raise the demand for weather radar amongst various end-users. The economic and technological development in the region also plays significant role in the market growth.