Europe Aviation Weather Forecasting System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - Component, Application, and Forecast Type

Description

List of Tables

The aviation weather forecasting system market in Europe is expected to grow from US$ 214.72 million in 2022 to US$ 332.47 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2022 to 2028.

With the rising aircraft movement worldwide, airlines are focusing on aircraft safety. To ensure aircraft safety, all aircraft operations are now being monitored at every stage, from flight component checks to flight operations. The airlines focus on avoiding the risk of turbulence to retain the proper working of aircraft parts for which the aviation weather forecasting data is utilized to achieve a safer flight operation. Based on data collected from aviation weather forecasting systems, several factors such as high cloud and fog, atmospheric temperature, space weather conditions, and levels of volcanic ash in the atmosphere are monitored and analyzed before any flight operation. These systems help generate different weather reports and forecast analyses to make decisions for any flight operations as well as ensure the safety of passengers and flight operations. The demand for safer flight operations among airline operators is also supported by rising awareness about reducing the overall operational costs of an aircraft operation. For instance, according to several aviation sources, airlines can lose ~US$ 13,000 whenever a flight is canceled due to uncertain events, such as unsuitable weather, which is a considerable loss for any airline operating across any airport. Such factors are generating awareness among airline companies to check all the weather details and forecasting data to conduct a cost-effective and safer flight operation.

Europe Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)

Europe Aviation Weather Forecasting System Market Segmentation

The Europe aviation weather forecasting system market is segmented on the basis of component, application, forecast type, and country. Based on component, the market is segmented into hardware, software, and services. In 2022, the hardware segment held the largest share of the market and is expected to register the highest CAGR during the forecast period. By application, the Europe aviation weather forecasting system market is categorized into weather stations, weather drones, weather balloons, and others. The weather stations segment held the largest market share in 2022, and the weather drones segment is expected to register the highest CAGR in the market during the forecast period. In terms of forecast type, the Europe aviation weather forecasting system market is divided into short-range, medium-range, extended-range, and long-range. The short-range segment held the largest market share in 2022 and is expected to register the highest CAGR in the market during the forecast period. From country point of reference, the Europe aviation weather forecasting system market is segmented into France, Germany, Italy, the UK, Russia, and Rest of Europe. In 2022, Russia held the largest market share, and the UK is expected to register the highest CAGR during the forecast period.

Campbell Scientific, Inc.; Collins Aerospace; IBM Corporation; Universal Weather and Aviation, Inc.; Sutron; UBIMET; Vaisala; DTN; and Spire Global are among the leading companies operating in the Europe aviation weather forecasting system market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe aviation weather forecasting system market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe aviation weather forecasting system market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the aviation weather forecasting system market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027127

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Aviation Weather Forecasting System Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Threat to New Entrants
- 4.2.4 Threat to Substitutes
- 4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe Aviation Weather Forecasting System Market Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Raising Awareness About Safer Aviation Operations
- 5.1.2 Introduction of Electronic Weather Forecasting Systems
5.2 Market Restraints
- 5.2.1 Less Reliable Long-Term Weather Forecasts
5.3 Market Opportunities
- 5.3.1 Growing Deployment of Weather Monitoring Drones
5.4 Impact Analysis of Drivers and Restraints

6. Europe Aviation Weather Forecasting System Market Analysis

6.1 Europe Aviation Weather Forecasting System Market Overview
6.2 Forecast and Analysis

7. Europe Aviation Weather Forecasting System Market by Component

7.1 Overview
7.2 Europe Aviation Weather Forecasting System Market, by Component
7.3 Hardware
- 7.3.1 Overview
- 7.3.2 Hardware: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
- 7.4.1 Overview
- 7.4.2 Software: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
- 7.5.1 Overview
- 7.5.2 Services: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Aviation Weather Forecasting System Market by Application

8.1 Overview
8.2 Europe Aviation Weather Forecasting System Market, by Application
8.3 Weather Stations
- 8.3.1 Overview
- 8.3.2 Weather Stations: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.4 Weather Drones
- 8.4.1 Overview
- 8.4.2 Weather Drones: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.5 Weather Balloons
- 8.5.1 Overview
- 8.5.2 Weather Balloons: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Aviation Weather Forecasting System Market by Forecast Type

9.1 Overview
9.2 Europe Aviation Weather Forecasting System Market, by Forecast Type
9.3 Short-Range
- 9.3.1 Overview
- 9.3.2 Short-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.4 Medium-Range
- 9.4.1 Overview
- 9.4.2 Medium-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.5 Extended-Range
- 9.5.1 Overview
- 9.5.2 Extended-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)
9.6 Long-Range
- 9.6.1 Overview
- 9.6.2 Long-Range: Aviation Weather Forecasting System Market Revenue and Forecast to 2028 (US$ Million)

10. Europe Aviation Weather Forecasting System Market Country Analysis

10.1 Overview
- 10.1.1 Europe: Aviation Weather Forecasting System Market, by Key Country
  - 10.1.1.1 Germany: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 Germany: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.1.2 Germany: Aviation Weather Forecasting System Market, by Application
    - 10.1.1.1.3 Germany: Aviation Weather Forecasting System Market, by Forecast Type
  - 10.1.1.2 France: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 France: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.2.2 France: Aviation Weather Forecasting System Market, by Application
    - 10.1.1.2.3 France: Aviation Weather Forecasting System Market, by Forecast Type
  - 10.1.1.3 Italy: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 Italy: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.3.2 Italy: Airborne SATCOM (MCX) Market, by Application
    - 10.1.1.3.3 Italy: Aviation Weather Forecasting System Market, by Forecast Type
  - 10.1.1.4 UK: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.4.1 UK: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.4.2 UK: Aviation Weather Forecasting System Market, by Application
    - 10.1.1.4.3 UK: Aviation Weather Forecasting System Market, by Forecast Type
  - 10.1.1.5 Russia: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.5.1 Russia: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.5.2 Russia: Aviation Weather Forecasting System Market, by Application
    - 10.1.1.5.3 Russia: Aviation Weather Forecasting System Market, by Forecast Type
  - 10.1.1.6 Rest of Europe: Aviation Weather Forecasting System Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.6.1 The Rest of Europe Rest of Europe: Aviation Weather Forecasting System Market, by Component
    - 10.1.1.6.2 Rest of Europe: Aviation Weather Forecasting System Market, by Application
    - 10.1.1.6.3 Rest of Europe: Aviation Weather Forecasting System Market, by Forecast Type

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles

12.1 Campbell Scientific, Inc.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Collins Aerospace
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 IBM Corporation
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 ENAV S.p.A.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Universal Weather and Aviation, Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Service
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Sutron
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 UBIMET
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Vaisala
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 DTN
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Spire Global
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index