Weather Radar Industry - Regional Scope
North America Market Forecast
The North America weather radar market is slated to account for a leading revenue share of 35.4% throughout the forecast timeline. The regional market’s growth is supported by the robust demand across multiple sectors such as aviation, defense, and meteorological stations. The regional market benefits from high-tech defense budgets, led by the U.S., and the demand for advanced weather forecasting systems. Additionally, North America has experienced a greater percentage of cyclones and hurricanes in the current decade, which has impacted the demand curve for advanced radar system favorably.
The U.S. market is predicted to maintain its leading revenue share in North America. The U.S. market’s growth is supported by the surging demand of advanced radar components in defense applications along with heightened usage in airports and commercial aircrafts. Moreover, the U.S. boasts a robust meteorological infrastructure, that utilizes phased array radar tech, contributing to the sustained growth potential of the market.
Asia Pacific Market Forecast
The APAC weather radar market is projected to maintain the largest CAGR at 9.6% throughout the forecast period. The regional market’s lucrative expansion and opportunities can be attributed to the technological advancements in radar systems. The demand for weather radar tech has exhibited a sharp spike, particularly in the aviation and meteorological sectors. Opportunities are rife in economies that face regular weather-related upheavals such as Japan and China. Additionally, notable economies in APAC have invested in formulating disaster response strategies, which bodes well for the application potential of the weather radar systems. The table below highlights major investments in disaster preparedness within APAC.
|
Country |
Investment Area |
Investment Amount |
Year |
|
Japan |
Disaster Preparedness & Response Infrastructure |
¥100.3 billion ($760.2M USD) |
2024 |
|
India |
Disaster Relief & Response Technology Development |
₹2,000 crores ($240M USD) |
2023 |
|
South Korea |
Flood Control & Disaster Management Systems |
₩150 billion ($115M USD) |
2024 |
|
Australia |
Cyclone Forecasting and Early Warning System |
AUD 75 million ($47M USD) |
2023 |
|
Philippines |
Disaster Management Systems & Technology |
₱5 billion ($90M USD) |
2023 |
The China market is projected to register a leading share in APAC. The market’s growth is driven by the rapid modernization of radar technology, benefiting application potential in meteorological, defense, and aviation sectors. Due to a technologically mature ecosystem and an urgent requirement to combat extreme weather events, the demand for weather radar system with improved monitoring capabilities has risen. Additionally, with China easing market entry, foreign players have a greater opportunity to supply advanced radar tech. For instance, as of 2024, foreign firms such as Thales and Lockheed Martin have found it feasible to expand their market presence.
