Home Energy And Power Europe Weather Forecasting Services Market Size, Share & Trends Report By 2033

Europe Weather Forecasting Services Market Size & Outlook, 2025-2033

Europe Weather Forecasting Services Market Size

According to Straits Research analysis, The Europe Weather Forecasting Services Market was valued at USD 567.11 million in 2024 and is projected to reach USD 931.99 million by 2033, expanding at a CAGR of 5.7% during the forecast period. Primarily driving this growth are Application sectors like agriculture, energy, and chemicals, which heavily rely on accurate and timely weather information. Technological advancements and increasing adoption in industries are creating new demand. Moreover, rising awareness about climate change and sustainability is shaping the sector, with low-carbon production methods and export potential. Looking ahead, Europe is poised to maintain a substantial position in the market, contributing to the global development of weather forecasting technologies and services with a focus on green and sustainable solutions.

Europe Weather Forecasting Services Market Highlights

  • Within Forecasting Method, Satellite-Based Forecasting accounted for the largest market size in 2024.
  • During the forecast period, AI & Big Data Analytics is anticipated to remain the highest-growth segment within the Forecasting Method category.
  • The global weather forecasting services market size saw Europe holding a share of 23.68% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In Europe, Germany is forecasted to be the fastest-expanding market, projected to reach USD 398.46 Million by 2033.
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Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 567.11 Million
Market Size In 2033 USD 931.99 Million
Largest segment Satellite-Based Forecasting
Fastest segment AI & Big Data Analytics
Units Revenue in USD Million
CAGR 5.7% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmentation Covered

Segments Sub Segments
Country
  1. Germany
  2. France
  3. United Kingdom
  4. Italy
  5. Spain
  6. BeNeLux
  7. Rest of Europe
Forecasting Method
  1. Satellite-Based Forecasting
  2. Radar-Based Forecasting
  3. Numerical Weather Prediction (NWP) Models
  4. AI & Big Data Analytics
  5. IoT & Sensor-Based Forecasting
Service Type
  1. Weather Forecasting Services
  2. Weather Data Utilization Services
Industry Vertical
  1. Agriculture
  2. Aviation & Aerospace
  3. Energy & Utilities
  4. BFSI
  5. Transportation & Logistics
  6. Others

Weather Forecasting Services Market- Geographics


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