India’s demand for hydrological and meteorological equipment is projected to grow at a CAGR of over 5.8% from 2020 to 2030, primarily driven by expanding applications in disaster management. As consistent weather monitoring becomes essential for disaster preparedness, the demand for equipment measuring air pressure, wind speed, humidity, cloud cover, and radiation is expected to rise. The adoption of this equipment spans various sectors, including marine security and academic research, with climate change intensifying the need for mapping key weather parameters.
Important Highlights
- Multi-parameter water quality sonde hydrological equipment type will remain lucrative throughout the assessment period.
- AT/RH sensor will emerge as the top-selling meteorological equipment by 2030 end.
- Laboratories and research institutes remain the key revenue generators for players in the market.
Drivers
- Extensive application in various weather parameters for net radiation is boosting widespread adoption of hydrological and meteorological equipment.
- Immense climate diversity in India boosts scope of the market in disaster management.
- Growing construction of dams together with growing water levels is spurring the demand for hydrological & meteorological equipment notably.
- Surging demand from the defense sector is encouraging the demand in the market.
Restraints
- Dearth of precision for small scale weather predictions and complexity of equipment is hindering the market growth.
- Slow adoption rate of climate forecasts of small & medium scale industries in India to calculate climatic risk while exerting business activities is challenging the market growth.
COVID-19 Impact on the Market
The COVID-19 pandemic has impacted sectors worldwide, including the Indian hydrological & meteorological equipment market. The abrupt imposition of lockdown in India had brought import of raw materials and production to a stoppage. The transport ban has further brought sales and distribution to a halt. However, the market is prohected to get over in 2021 owing to the essential need for weather prediction for disaster management, particularly in the defense industry, where this information is grave.
Competitive Landscape
Some of the key companies operating in the India hydrological & meteorological equipment market include Geomax AG, Gill Instruments Limited, Hach Company, Vaisala Oyj, SEBA Hydrometrie GmbH & Co. KG, Virtual Hydromet, In-Situ Inc., Kaizen Imperial, K. R. Instruments, Info Electronics Systems India Pvt. Ltd., Aveli Global Engineering Solutions Pvt. Ltd., Encardio Rite, R.K. Engineering Corporation, Mechatronics Systems Pvt. Ltd., Astra Microwave Products Limited, Obel Systems Private Limited and Swan Environmental Private Limited. Companies are focusing on key market strategies such as collaborations and mergers & acquisitions to spread their presence worldwide.
Leading players operating in the hydrological and meteorological market include
- Geomax AG
- Hach Company
- Gill Instruments Limited
- SEBA Hydrometrie GmbH & Co. KG
- Vaisala Oyj
- In-Situ Inc.
- Virtual Hydromet
- K. R. Instruments
- Kaizen Imperial
- Aveli Global Engineering Solutions Pvt. Ltd.
- Info Electronics Systems India Pvt. Ltd.
- R.K. Engineering Corporation
- Encardio Rite
- Astra Microwave Products Limited
- Mechatronics Systems Pvt. Ltd.
- Swan Environmental Private Limited
- Obel Systems Private Limited
Key Segments
Hydrological Equipment Type:
- Surface Water Velocity Sensors
- Current Meters
- Groundwater Level Logger
- Radar Water Level Sensors
- Compact Bubblers
- Pressure Level Sensors
- Multi-parameter Water Quality Sonde
- Contact Gauge
- Side Looking Dopplers
- Data Loggers
Hydrological Equipment End Users:
- Central Water Resources Management Department
- Irrigation Department
- Agriculture
- Water Utility Companies
- Hydropower Plants
- National Hydrological Projects
- Research and Academia
Meteorological Equipment Type:
- Rain Gauge
- Precipitation gauge Measurement
- Disdrometer (Parsivel- laserWeather sensor)
- Wind Speed and Direction Sensor
- Ceilometers
- AT/RH Sensor
- Snow Depth Sensors
- Snow Gauge
- Data Loggers
Meteorological Equipment End Users:
- Indian Meteorological Department
- Space Research & Sciences (ISRO, NESAC)
- Environmental Engineering & Audit Agencies (NEERI, TERI, etc.)
- Marine & Costal Security
- Research Institutes Laboratories (SASE, IISER, NIOT)
Report Preview: https://www.futuremarketinsights.com/reports/india-hydrological-and-meteorological-equipment-market
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