Weather Radar Market Size

  • Report ID: 3413
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Weather Radar Market Size

Weather Radar Market size was valued at USD 164.89 million in 2024 and is set to exceed USD 1.72 billion by 2037, registering over 19.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of weather radar is evaluated at USD 192.64 million.
 

The growth of the market can be attributed to the growing government concerns to minimize damage caused by harsh weather conditions, which increases the demand for weather radars in the weather stations. There have been several natural calamities in the recent past which created havoc for the human and other organisms. Incidences, such as, wild forest fires of Australia and Amazon, hurricane Laura in the U.S., Cyclone Amphan in South Asia, and flash floods in regions of India and Indonesia occurred in 2020 alone. Governments of various nations are focusing on efficient prediction of climatic conditions, to reduce the damage caused by such weather conditions, which is estimated to be the primary growth driver for the market. Moreover, increasing air travels and use of aircrafts for transport of goods, has raised the need for weather radars, which, in turn, is projected to boost the market growth.


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Author Credits:  Abhishek Verma


  • Report ID: 3413
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of weather radar is evaluated at USD 192.64 million.

Weather Radar Market size was valued at USD 164.89 million in 2024 and is set to exceed USD 1.72 billion by 2037, registering over 19.8% CAGR during the forecast period i.e., between 2025-2037.

North America industry is predicted to account for largest revenue share by 2037, propelled by high government expenditure on advanced technology in the region.

The major players in the market are Enterprise Electronics Corporation, Furuno Electric Co., Ltd., Collins Aerospace, Beijing Metstar Radar Co., Ltd., LEONARDO Germany GmbH, Gamic mbH, and others.
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