Product Code: ETC026269 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Meteorological Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.86% in 2028, following an initial rate of 8.15%, before easing to 11.86% at the end of the period.
In the Asia region, the Meteorological Equipment market in Philippines is projected to expand at a high growth rate of 11.98% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Philippine meteorological equipment market is estimated to grow at a CAGR of 7.9%. Rapid industrialization and increasing demand for advanced weather forecasting services are major factors driving the growth of the market
Increasing investments in infrastructure development projects and rising awareness about climate change are some of the key trends that will fuel market growth during the forecast period. Additionally, various government initiatives such as capacity building programs and public-private partnerships have also contributed to an increase in demand for accurate meteorological equipment from industries such as agriculture, transportation, aviation, construction and energy among others.
Growing concerns over extreme weather conditions due to climate change have increased focus on providing accurate forecasts which can help mitigate losses caused due to natural disasters or unexpected climatic events like floods & droughts thus boosting the need for advanced meteorological equipments across different sectors especially agriculture sector . Furthermore advancement in technology has led manufacturers to produce more efficient equipments leading towards rise in sales volume around country???s regions coupled with government???s favorable regulatory policies creating conducive environment for growth of industry overall .
Despite all these opportunities high cost associated with setups of such equipments along with lack reliable data sources hinders adoption rate among small scale organizations operating within country limiting further expansion plans . Moreover majority population located rural areas unlikely able afford this capital intensive techonology resulting lower penetration rates hampering industry potential new heights.
Some prominent players competing in Philippines Metrological Equipment Market include Campbell Scientific Inc., METEK GmbH ,Davis Instruments Corporation ,Skye Instruments Ltd., Vaisala Oyj ,Lufft Mess und Regeltechnik GmbH , Kipp & Zonen BV ,DMT Environmental Technology BV etc
The pandemic situation has adversely affected export import operations across globe impacting revenue streams businesses related field however on other hand companies generating strong revenues mainly form domestic orders since large-scale implementation process took place before outbreak occurred so order backlog able sustain through entire duration crisis releasing pressure off vendors while helping them achieve desired returns asset utilization strategy implemented judiciously
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Meteorological Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Meteorological Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Meteorological Equipment Market - Industry Life Cycle |
3.4 Philippines Meteorological Equipment Market - Porter's Five Forces |
3.5 Philippines Meteorological Equipment Market Revenues & Volume Share, By Instruments, 2021 & 2031F |
3.6 Philippines Meteorological Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Philippines Meteorological Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Meteorological Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Meteorological Equipment Market Trends |
6 Philippines Meteorological Equipment Market, By Types |
6.1 Philippines Meteorological Equipment Market, By Instruments |
6.1.1 Overview and Analysis |
6.1.2 Philippines Meteorological Equipment Market Revenues & Volume, By Instruments, 2021-2031F |
6.1.3 Philippines Meteorological Equipment Market Revenues & Volume, By Anemometer, 2021-2031F |
6.1.4 Philippines Meteorological Equipment Market Revenues & Volume, By Hygrometer, 2021-2031F |
6.1.5 Philippines Meteorological Equipment Market Revenues & Volume, By Thermometer, 2021-2031F |
6.1.6 Philippines Meteorological Equipment Market Revenues & Volume, By Barometer, 2021-2031F |
6.1.7 Philippines Meteorological Equipment Market Revenues & Volume, By Pyrometer, 2021-2031F |
6.1.8 Philippines Meteorological Equipment Market Revenues & Volume, By Ceilometer, 2021-2031F |
6.1.9 Philippines Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Philippines Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Meteorological Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Meteorological Equipment Market Revenues & Volume, By Research Institute, 2021-2031F |
6.2.3 Philippines Meteorological Equipment Market Revenues & Volume, By Weather Forecasting, 2021-2031F |
6.2.4 Philippines Meteorological Equipment Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.5 Philippines Meteorological Equipment Market Revenues & Volume, By Biotechnical Industry, 2021-2031F |
6.2.6 Philippines Meteorological Equipment Market Revenues & Volume, By Weather Station, 2021-2031F |
6.2.7 Philippines Meteorological Equipment Market Revenues & Volume, By Environmental Study, 2021-2031F |
6.2.8 Philippines Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.2.9 Philippines Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.3 Philippines Meteorological Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Meteorological Equipment Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Philippines Meteorological Equipment Market Revenues & Volume, By B2C, 2021-2031F |
6.3.4 Philippines Meteorological Equipment Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3.5 Philippines Meteorological Equipment Market Revenues & Volume, By Specialty stores, 2021-2031F |
6.3.6 Philippines Meteorological Equipment Market Revenues & Volume, By Online stores, 2021-2031F |
6.3.7 Philippines Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Meteorological Equipment Market Import-Export Trade Statistics |
7.1 Philippines Meteorological Equipment Market Export to Major Countries |
7.2 Philippines Meteorological Equipment Market Imports from Major Countries |
8 Philippines Meteorological Equipment Market Key Performance Indicators |
9 Philippines Meteorological Equipment Market - Opportunity Assessment |
9.1 Philippines Meteorological Equipment Market Opportunity Assessment, By Instruments, 2021 & 2031F |
9.2 Philippines Meteorological Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Philippines Meteorological Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Meteorological Equipment Market - Competitive Landscape |
10.1 Philippines Meteorological Equipment Market Revenue Share, By Companies, 2024 |
10.2 Philippines Meteorological Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |