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The weather modification market is expected to expand rapidly in the future years, owing to its use in a variety of end-user sectors, including agricultural, defence, aviation, as well as entertainment, water management bodies, and others. In addition, the market is being driven by rising use in the aerospace and aviation industries. Rising numbers of weather modification companies are investing in in-house research facilities to acquire efficient seeding methods and increase their end-user base, which is likely to have a significant impact on the global industry.

Government measures, such as expanding the usage of weather manipulation technologies to improve water levels in nations like India, are expected to drive demand for weather modification technology. Furthermore, governments in nations like India, the United Arab Emirates, and China invest a lot of money on weather modification. The worldwide weather modification business is also boosted by government programmes supporting cloud seeding in areas experiencing dry periods. According to the United Nations, water shortage will affect 14% of the world’s population by 2026.

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The COVID-19 viral pandemic, which started in December 2019, has spread to nearly 100 countries, forcing the World Health Organization to designate it a public health emergency. COVID-19 impacts the global economy in three ways: it directly impacts production and supply, affects supply chains and marketplaces, and also has an economic impact on businesses and financial markets.

Weather Modification Market Report Highlights

  • Based on seeding segment, the aerial cloud seeding equipment segment account for significant market share with a major market share and is expected to dominate the overall cloud seeding equipment market during the forecast period i.e., 2021-2027.
  • The Asia Pacific is holding the largest market share for the weather modification market due to higher dependency of agriculture on monsoon, strong economic growth, and rising demand for water owing to the rapidly expanding population. Due to high technological advancements in North America will hold a maximum market share for weather modification shortly. Sturdy economic progress, driving the growth of the weather modification market in the MEA region. The Demand for the weather modification market has risen dramatically over the past 18 months globally.
  • The Snowy Hydro 2.0 project has been approved by the New South Wales government, less than a month after it topped a list of 24 infrastructure projects that the government wants fast-tracked as part of its Covid-19 economic response In 4th May 2020.


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WEATHER MODIFICATION MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Weather Modification Type Outlook (Revenue, USD Million, 2016 – 2027)

  • Sailing Weather Modification
  • Powered Weather Modification


Weather Modification Size Outlook (Revenue, USD Million, 2016 – 2027)

  • Small (up to 30 m)
  • Medium (30-50 m)
  • Large (Above 50 m)


Weather Modification Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Sports
  • Cruising
  • Passenger Transport
  • Others


Weather Modification Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)


List of Key Players of Weather Modification Market

  • Voyage
  • Seawind
  • Robertson & Caine
  • Outremer Yachting
  • Matrix Yachts
  • LOMOcean Design
  • LeisureCat
  • Lagoon
  • Incat Crowther
  • Grup Aresa Internaciona
  • Fountaine Pajot
  • Catana Group
  • Bavaria
  • Alumarine Shipyard
  • African Cats


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Tags: Weather Modification Market Growth, Weather Modification market trends, Weather Modification Market, Weather Modification Market Size, Weather Modification Market Share

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