$7.69 Bn Global Cloud Seeding Market Size Expected to Grow at a CAGR of over 8.04% During 2030 | Future Market Consulting Inc.

According to Future Market Consulting analysis, Global Cloud Seeding Market size was valued at USD 1.23 Billion in 2021 and is projected to reach USD 7.69 Billion by 2030, growing at a CAGR of 8.04 % during the forecast period from 2022 to 2030.

A favourable effect on the global market is anticipated during the forecast period due to the rising demand for agricultural products and water sources globally. The main factor driving the market for cloud seeding systems is the increased use of cloud seeding innovations in some regions to produce artificial rain and maintain the amount of water available in drought-stricken areas. According to the research, there will be greater funding in cloud modification projects, which will increase consumer demand for cloud-seeding devices.

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The acceptance of cloud seeding methods is supported by the global population growth and the rising demand for fresh water for a variety of daily personal and business activities. Through increased cloud precipitation activities, these weather modification techniques will enable regions to meet the growing market demand for fresh water. In the upcoming 45%, the population is projected to increase by more than 40% at a 1.1% annual growth rate. The greatest population density will be found in North America and the Asia-Pacific region, while Africa and the Asia-Pacific region will experience the fastest population increase. The demand for cloud seeding will be indirectly fueled by the rising demand for clean water and the rising population density and development rate.

The market is expanding as a result of increasing water demands from different industries. Rising consumer knowledge of the benefits of cloud seeding is anticipated to fuel market growth in the coming years. Increased government spending on enhancing water resources is anticipated to create new opportunities for market players during the projection period.

Weather patterns are being significantly impacted by the worrisome increase of Carbon Emission& global warming, which is being fueled by a variety of industrial and logistical activities. Major seasons like summer, winter, and rain are becoming erratic worldwide. Extreme weather, heatwave and cold-waves, and sizable cyclones are predicted to increase in frequency over the next few years. Nearly a fourth of the planet, including developed nations with significant economies like the United States, Russia, China, United Kingdom, India, and UAE, experienced the highest temperatures on record in 2021. Environmental scientists have developed a workable method to regulate the weather as a result of such disastrous circumstances. When necessary, the cloud seeding method can boost cloud precipitation and add snowfall or rain. Since many years ago, commercial applications such as the use of aircraft or surface cloud seeding to maintain constant state of the environment around runways have been used.

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 Key Players

• Weather Modification, Inc.
• North American Weather Consultants, Inc.
• Seeding Operations & Atmospheric Research (SOAR)
• Kyathi Climate Modification Consultants LLP
• Ice Crystal Engineering
• Snowy Hydro Ltd
• Cloud Seeding Technologies

 Segmentation

By Seeding Type

• Ground Based
• Arial Based

 By Equipment

• Aircrafts
• Drones
• Balloons
• Generators

 By Flares

• End Burning Flares
• Ejection Flares
• Automatic and Remote Based Generator
• Manual Generator
• Flare Trees

 By Technique

• Hygroscopic
• Glaciogenic

 By Application

• Hail Suppression
• Rainfall & Snowfall Augmentation
• Fog Dissipation
• Other Weather Modification

Market Dynamics

Drivers

• Important circumstances for creating artificial rain to keep the water level up in drought and famine areas.
• Expanding the agricultural sector and demanding more water supplies

 Challenges

• The implementation of the model at a higher cost as well as uncertainty regarding the deployment.
• Insufficient awareness of related benefits and process efficiency.

 Opportunities

• Both state and local governments are making investment opportunities to ramp up demand for cloud seeding.
• Growing demand for technological innovations & advancements across geographies.

Related Report:

https://futuremarketconsulting.com/reports/global-industrial-generator-market-53441

https://futuremarketconsulting.com/press-releases/global-industrial-generator-market-reach-usd-3289-billion-by-2030

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