Global Cloud Seeding Equipment Market, Analysis, S...
RD Code : 53515Categories: Agriculture
Format :
Market Outlook:
The anticipated global cloud seeding equipment market size is poised to reach USD 375.6 Million by 2024, with a projected escalation to USD 684.2 Million by 2032, reflecting a compound annual growth rate (CAGR) of 6.7% during the forecast period.
Cloud seeding equipment is used to improve rainfall during the climate change process. This process involves adding various chemicals to the cloud to stimulate the formation and release of moisture and thus increase precipitation. These substances, usually silver iodide or potassium iodide, are dispersed into the air from the ground or airplanes, where they condense and grow by acting as nuclei around water droplets. Airborne weapons typically include aircraft equipped with incendiary or explosive devices, ground-based generators, and specialized rockets or cannons designed to provide good transmission. Airplanes used for aerial seeding are equipped with infectious materials such as insecticide-containing flame retardants. Underground generators vaporize pesticides and use powerful fans to push them into the atmosphere. Rockets and cannons initiate cloud seeding by dropping plant material into the cloud at a certain height. Weather devices such as radar and weather balloons are also incorporated into the equipment to determine suitable weather conditions for cultivation. Air power plant technology plays an important role in managing water resources, increasing agricultural production, and reducing conditions in some regions, making them useful against global climate change.
The increase in global population and the demand for clean drives the growth of the cloud-seeding equipment market. The need for fresh water will rise as the world's population is predicted to grow by 40% over the next forty-five years. It is anticipated that the development of sophisticated rainwater collection technologies will satisfy the growing need. Countries with low water availability and large populations, such as the United Arab Emirates and China, have developed various rainwater harvesting plans to be implemented before 2025 to meet their freshwater needs. Advances in rain forecasting equipment and technological advances in weather monitoring and weather equipment have improved the performance of the weather industry. The specific air temperature and temperature can only guarantee the specified results, otherwise the operation will be considered a malfunction. Advances in weather forecasting allow growers to predict weather for specific aspects, increasing the success of any operation. However, in some regions, if the humidity is too low to prevent precipitation, difficulties such as cloud formation may occur. These problems are expected to be resolved in the next few years.
Restraint:
The rise in the cost of the cloud-seeding equipment hinders the growth of the market. The cost of both cloud seeding equipment and mission execution might be high. The total cost depends on a variety of factors, including the target area's size, the kind of seeding material used, and the necessary number of flights. Some locations or companies investigating this technique for water management may find it prohibitive due to the high expense of cloud-seeding equipment and mission execution. Specialized airplanes with material dispersal systems are typically used for cloud seeding operations. The total cost can be affected by the high cost of these aircraft to buy, operate, and repair. Ground-based cloud seeding generators are another option, albeit they are less popular. These systems need a one-time payment as well as continuing maintenance expenses.
The increasing demand for water resources creates a lucrative opportunity for the growth of the cloud seeding equipment market. Globally, there is a growing issue regarding water scarcity. One possible technique to boost precipitation in regions afflicted by drought is cloud seeding. One possible tactic to boost precipitation in regions afflicted by dry is cloud seeding. Existing water resources are under tremendous stress as the world's population expands and living standards increase. Cloud seeding is one of the creative ways to supplement the water supply that is required due to this. In many parts of the world, droughts get worse increasingly frequent and severe. Cloud seeding is a useful technique for reducing drought conditions by increasing precipitation. In these areas, this opens up a market for cloud-seeding equipment. Shortages of water can be extremely detrimental to economies.
Challenge:
Concerns from the public have been raised about the possible unforeseen effects of cloud seeding, including harm to the ecosystem and irregularities in normal weather patterns. It is essential to address these issues through transparency and education. Some individuals are concerned that substances used in cloud-seeding, such as silver iodide, can harm ecosystems or water quality. The materials utilized and any possible threats to the environment must be disclosed by the market. There are worries that cloud seeding may interfere with normal weather patterns and cause unforeseen events like floods in places that aren't predicted. The market may place more emphasis on studies to learn more about cloud seeding's long-term impacts. Some worry that regions may compete with one another for water resources at the expense of others if cloud seeding is applied unethically.
Key Players:
Report Coverage | Details |
Market Size in 2023: | USD 375.6 Million |
2032 Value Projection: | USD 684.2 Million |
Growth Rate (CAGR) | 6.7% |
Forecast Period: | 2024 - 2032 |
Historical Period: | 2018 - 2022 |
Segments Covered | By Technique (Hygroscopic, Glaciogenic) By Seeding Type (Ground Based, Arial Based) By Flares (End Burning Flares, Ejection Flares, Automatic and Remote Based Generator, Manual Generator, Flare Trees) By Equipment Aircrafts, Drones, Balloons, Generators) By Application (Hail Suppression, Rainfall & Snowfall Augmentation, Fog Dissipation, Other Weather Modification) |
Competitive Landscape | Weather Modification, Inc. (US), North American Weather Consultants, Inc. (US), Seeding Operations & Atmospheric Research (SOAR) (US), Kyathi Climate Modification Consultants LLP (India), Ice Crystal Engineering (US), Snowy Hydro Ltd (Australia), Cloud Seeding Technologies (Germany), National Center for Meteorology (NCM) (UAE), Mettech SpA, SELERYS, Others. |
Geographies Covered | North America (U.S., Canada, Mexico) Europe (Germany, UK, France, Italy, Spain, Russia, and the Rest of Europe) Asia Pacific (China, Japan India, South Korea, and the Rest of Asia Pacific) Middle East & Africa (GCC, South Africa, and the Rest of MEA) South America (Brazil, Argentina, and Rest of South America) |
Growth Drivers Which are booming the market |
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Challenges facing the industry |
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Market Analysis | PESTLE Analysis, PORTERS Analysis, NOISE analysis, Value/Supply Chain Analysis |
Competitive Analysis | Comprehensive mapping of the Competitive Landscape Comprising Merges & Acquisitions, Partnerships/Agreement /Joint Venture, Expansion, New Product Launches, and other developments. Company Share Analysis |
Customization Scope | Available on your market scope and requirements |
Recent Development
In July 2020, the UAE National Center for Meteorology (NCM) announced that it was operating 219 rain gauges across the country. In the first half of 2020, the country used a total of 4,841 fires produced by NCM's climate development center in the UAE. In October 2019, India's government of Karnataka launched a rainwater harvesting project with the help of HAL Bangalore.
Segment Insights:
By Seeding Type
The Asia-Pacific region's need for sustainable water management, water shortages, and erratic rainfall patterns are the main factors driving demand for weather equipment. Cloud farming is being used more and more by governments and agribusinesses to boost precipitation as many Asia-Pacific nations struggle with drought and water constraints. Aerial equipment, including private aircraft, has the advantage of covering large and often inaccessible areas, providing a clear view of the air that is difficult to reach from an underground passage. Growing demands brought on by regional economic expansion and rapid urbanization necessitate the development of new technologies to guarantee a sustainable water supply in both urban and rural areas. Furthermore, agriculture is a major contributor to the economies of many Asia-Pacific nations, and the production of food depends on steady and consistent rainfall. Even though climate change makes these problems worse, there is a growing need for climate control equipment as it offers a large-scale and efficient way to increase precipitation, provide a large-scale and efficient way to deal with larger agricultural areas and guarantee food security and water supply in the area.
By Application
The demand for weather equipment to deliver rain and snow is driven mainly by the urgent need to solve water scarcity and reduce the impact of climate change. Changing weather conditions, long droughts, and decreasing snowfall around the world, especially in regions with limited water, require urgent solutions to increase precipitation. Cloud computing equipment is equipped with high-tech technology to distribute the right agents to the cloud in large, hard-to-reach areas and give better insight. This method is especially important in areas where traditional tillage is impossible or inadequate. Agriculture is an industry that relies on reliable rainfall, relying on rainwater to replenish water supplies, secure food supplies, and support livelihoods. In addition, the effect of reducing snow from mountain water has increased the need for technology to increase the amount of snow. As climate change further exacerbates these challenges, demand for climate change technology continues to grow, it helps to secure water resources for agriculture, communities, and ecosystems. The urgent need for this is also increasing.
Regional Insights:
In the Asia-Pacific area, the pressing need to address water scarcity and guarantee food security in the face of climate change is the main factor driving demand for weather equipment. Poor monsoons, protracted droughts, and water shortages are common in Asia-Pacific nations, which include China, India, Australia, and many Southeast Asian nations. These issues have a significant influence on both agriculture and water resources. These issues are being made worse by climate change, which is forcing governments and farming communities to look for innovative ways to boost rainfall. Rainfall can be increased via artificial rains, particularly in significant agricultural areas. A sustainable and adequate water supply is essential for food production as agriculture is the foundation of many Asia-Pacific economies. Furthermore, the government is investing in rainwater projects to augment local water supplies because urbanization and regional economic expansion have raised the need for freshwater resources. Furthermore, growing knowledge of artificial rainwater's capacity to mitigate the adverse effects of drought and water scarcity has become a crucial component of regional water management plans, boosting demand for rainwater-using technologies.
Segmentation:
By Seeding Type
By Equipment
By Flares
By Technique
By Application
By Region
North America
USA
Canada
Mexico
Europe
France
UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
South America
Brazil
Argentina
Rest of South America
What to Expect from Industry Profile?
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Cloud Seeding Equipment market in the world.
Use PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Cloud Seeding Equipment market.
Leading company profiles reveal details of key Cloud Seeding Equipment market players’ global operations, strategies, financial performance & recent developments.
Add weight to presentations and pitches by understanding the future growth prospects of the Global Cloud Seeding Equipment market with forecast for the decade by both market share (%) & revenue (USD Million).
FAQ’s
1) What are the major factors driving the growth of the Global Cloud Seeding Equipment Market?
The increase in global population and the demand for clean drives the growth of the cloud-seeding equipment market.
2) What would be the CAGR of the Global Cloud Seeding Equipment Market over the forecast period?
The Global Cloud Seeding Equipment Market is poised to grow at a CAGR of 6.7% from 2024 to 2032.
3) Which region will provide more business opportunities for the growth of the Global Cloud Seeding Equipment Market in the future?
The Asia Pacific region is expected to create more opportunities in the market.
4) Who are the major players dominating the Global Cloud Seeding Equipment Market?
Weather Modification, Inc. (US), North American Weather Consultants, Inc. (US), Seeding Operations & Atmospheric Research (SOAR) (US), Kyathi Climate Modification Consultants LLP (India), Ice Crystal Engineering (US), Snowy Hydro Ltd (Australia), Cloud Seeding Technologies (Germany), National Center for Meteorology (NCM) (UAE), Others.
5) What are the segments in the Global Cloud Seeding Equipment Market?
By Technique, By Seeding Type, By Equipment, By Flares, By Application are the industry key segments considered for research study.
6) What is the estimated market revenue for the Global Cloud Seeding Equipment Market in 2032?
The estimated revenue for the Global Cloud Seeding Equipment Market in 2032 is USD 684.2 billion.
Base Year:2024
Forecast Year:2025-2032
Historical Data:2018-2023
No of Pages:150
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