Key Takeaways

Key players operating in the Weather Radar Market are Menzel Elektromotoren GmbH, General Electric Company, ATB Austria Antriebstechnik AG, ABB Ltd., Fuji Electric Co. Ltd., Allen-Bradly Co. LLC (Rockwell Automation Inc.), Franklin Electric Co. Inc., Siemens AG, Maxon Motor AG, Amtek Inc., Nidec Corporation, Arc Systems Inc., Toshiba International Corporation, Johnson Electric Holdings Limited, and Emerson Electric Co. These players are focusing on new product launches and mergers & acquisitions to strengthen their market position. For instance, in 2021, NEC Corporation announced the launch of its next-generation weather radar system NeXtrace 8000 to support improved weather forecasting services.

The key opportunities in the market include growing demand for dual polarization Weather Radars Market Demand Development of compact and portable weather radars as well as increasing focus on advanced weather monitoring networks. The growing technological advancements are leading to the development of compact and portable weather radars with excellent accuracy which can find wide applications in tourism and other sectors.

The Global expansion of major players through partnerships and collaborations. To tap the potential growth opportunities, market players are focusing on geographic and capacity expansions through partnerships with regional weather service providers. They are also engaging in mergers and acquisitions to strengthen their global footprints. For instance, in 2019, Selex ES, a Finmeccanica Company, partnered with Dubai Municipality to supply advanced weather radars and develop an early warning weather monitoring infrastructure across Dubai.