The Weather Radar Market is estimated to be valued at US$ 117.29 million in 2023 and is expected to exhibit a CAGR of 19.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Weather radar, also known as weather surveillance radar (WSR), is a type of radar used by meteorologists to locate precipitation, calculate its motion, and estimate its type (rain, snow, hail etc.). Modern weather radars are mostly pulse-Doppler radars that can detect the motion of raindrops in addition to the intensity of the precipitation. They are used for both research and operational applications, including monitoring current weather conditions, tracking the progress and behavior of storms, and modeling their development.
Market Dynamics:
The growth of the weather radar market is majorly driven by increasing meteorological applications of weather radar systems. Weather radars help in getting critical weather data about approaching storms, which aids in issuing timely weather warnings and forecasts. They play a vital role in monitoring natural disasters like hurricanes, cyclones, floods etc. Technological advancements are also fueling the market growth. Manufacturers are developing sophisticated dual polarization and phased array weather radars with improved accuracy, coverage, and ability to detect different types of hydrometeors. These advanced systems provide higher resolution scans to detect hazardous weather phenomena like tornadoes and hail more precisely.
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