Research Nester published a report titled “Cloud Seeding Equipment Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global cloud seeding equipment market in terms of market segmentation by mode of seeding, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global cloud seeding equipment market to grow with a CAGR of ~14% over the forecast period, i.e., 2023 - 2033. The market is segmented by application into hail suppression, fog dissipation, snowfall & rainfall augmentation, and other weather modifications. Amongst these, the snowfall & rainfall augmentation segment is anticipated to grow at the highest rate during the forecast period owing to the worldwide upsurge in construction projects, increasing population, and a notable boost in urbanization across the globe.
The global cloud seeding equipment market is projected to extensively grow owing to the massively growing air pollution throughout the world, followed by the significantly increasing population as boost in population draws other significant demands such as, food, drinking water, healthy environment to live and so on. Furthermore, globally increasing investment in R&D activities, and upsurge in weather modification activities are some of the major factors anticipated to drive the growth of the market in the forecast period.
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Geographically, the global cloud seeding equipment market is segmented into five major regions comprising of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific region is estimated to witness significant growth over the forecast period owing to the increasing water shortage, reduced ratio of rainfall, and huge growth in air pollution in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Significant Propagation in Global Warming to Drive the Market Growth
According to the National Centers for Environmental Information, August 2022 was the 46th consecutive August and the 452nd consecutive month with record-warm August temperatures, which enclosed estimated 8.2% of the surface of the world — the third-highest proportion for record-high August temperatures.
Global warming is a type of climate change that refers to the long-term increase in global temperatures. It is caused by excessive levels of carbon dioxide in the atmosphere, primarily as a result of human activities such as the use of fossil fuels and agriculture. As a consequence of global warming, people have been facing food and water insufficiency, increased flooding, extreme heat, stances of hailstorm, rising disease, and economic damage. Besides this, crop yielding is also getting effected by global warming. As a result, the crop yielding ratio has reduced in past few years. Thus, to overcome from such dreadful situation, cloud seeding process is much essential and helpful to modify the weather to receive the sufficient amount of rain. Therefore, the increasing global warming is fueling up the demand for cloud seeding equipment market growth.
However, deficit of efficiency of cloud seeding procedure, extreme amount of cloud seeding services, and concerned chances of harmful effects with the chemicals used in this procedure are expected to operate as key restraint to the growth of the global cloud seeding equipment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global cloud seeding equipment market which includes company profiling of RHS CONSULTING, LTD., SELERYS, Cloud Technologies GmbH, Seeding Operations & Atmospheric Research (SOAR), North American Weather Consultants, Inc., Weather Modification, Inc., Ice Crystal Engineering, Snowy Hydro Limited, Mettech S.p.A., AFJETS SDN BHD, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cloud seeding equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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