South Korea Meteorological Equipment Market (2020-2026) | Forecast, Industry, Analysis, Value, Share, Companies, Trends, Revenue, COVID-19 IMPACT, Size, Outlook & Growth
Market Forecast By Instruments (Anemometer, Hygrometer, Thermometer, Barometer, Pyrometer, Ceilometer, Snow gauge, Others), By End-users (Research Institute, Weather Forecasting, Chemical Industry, Biotechnical Industry, Weather Station, Environmental Study, Pharmaceutical Industry, Other), By Distribution Channel (B2B, B2C, Hypermarkets, Specialty stores, Online stores, Others) And Competitive Landscape
| Product Code: ETC026263 | Publication Date: Jun 2023 | Updated Date: Apr 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Meteorological Equipment Market Competition 2023
South Korea Export Potential Assessment For Meteorological Equipment Market (Values in Thousand)
South Korea Meteorological Equipment Market Synopsis
South Korea is one of the leading markets in meteorological equipment technology. The country has a well-developed research and development (R&D) infrastructure that enables it to develop advanced instruments for various applications ranging from weather forecasting to climate monitoring. According to 6Wresearch, the South Korea Meteorological Equipment market was valued at USD 455 Million in 2020 and is projected to reach USD 715 Million by 2026, registering a CAGR of 9%.
Drivers:
The growing demand for accurate weather forecasts is driving the market growth. There is an increasing need for improved accuracy and precision in meteorology due to its wide range of applications such as agriculture, construction, aviation, transportation, energy production & management among others which would drive up the demand for better quality instrumentation. Furthermore, technological advancements are also contributing significantly towards efficient forecasting and modeling capabilities over large areas thus boosting the adoption rate of these devices. Additionally government initiatives like subsidies on innovative products have made them more cost effective making them increasingly attractive amongst customers thereby fueling their sales further.
Restraints:
High initial investments associated with procuring high end equipment may hamper growth prospects during forecast period although this trend may be offset by increased acceptance levels amongst commercial users owing primarily to reduced costs caused by introduction of new technologies or fall in prices due to increase competition between vendors/manufacturers in order gain greater market share thus pushing down prices all together resulting into smaller investments required from customer?s end while still being able get access high quality products when compared what they used before.
Key Highlights of the Report:
- South Korea Meteorological Equipment Market Outlook
- Market Size of South Korea Meteorological Equipment Market, 2019
- Forecast of South Korea Meteorological Equipment Market, 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Revenues & Volume for the Period 2016 - 2026
- South Korea Meteorological Equipment Market Trend Evolution
- South Korea Meteorological Equipment Market Drivers and Challenges
- South Korea Meteorological Equipment Price Trends
- South Korea Meteorological Equipment Porter's Five Forces
- South Korea Meteorological Equipment Industry Life Cycle
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Instruments for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Anemometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Hygrometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Thermometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Barometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Pyrometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Ceilometer for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Snow gauge for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Anemometer Meteorological Equipment Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By End-users for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Research Institute for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Weather Forecasting for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Chemical Industry for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Biotechnical Industry for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Weather Station for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Environmental Study for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Pharmaceutical Industry for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Other for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By B2B for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By B2C for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Hypermarkets for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Specialty stores for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Online stores for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Meteorological Equipment Market Revenues & Volume By Others for the Period 2016 - 2026
- South Korea Meteorological Equipment Import Export Trade Statistics
- Market Opportunity Assessment By Instruments
- Market Opportunity Assessment By End-users
- Market Opportunity Assessment By Distribution Channel
- South Korea Meteorological Equipment Top Companies Market Share
- South Korea Meteorological Equipment Competitive Benchmarking By Technical and Operational Parameters
- South Korea Meteorological Equipment Company Profiles
- South Korea Meteorological Equipment Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 South Korea Meteorological Equipment Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Meteorological Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Meteorological Equipment Market - Industry Life Cycle |
3.4 South Korea Meteorological Equipment Market - Porter's Five Forces |
3.5 South Korea Meteorological Equipment Market Revenues & Volume Share, By Instruments, 2019 & 2026F |
3.6 South Korea Meteorological Equipment Market Revenues & Volume Share, By End-users, 2019 & 2026F |
3.7 South Korea Meteorological Equipment Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 South Korea Meteorological Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Meteorological Equipment Market Trends |
6 South Korea Meteorological Equipment Market, By Types |
6.1 South Korea Meteorological Equipment Market, By Instruments |
6.1.1 Overview and Analysis |
6.1.2 South Korea Meteorological Equipment Market Revenues & Volume, By Instruments, 2016 - 2026F |
6.1.3 South Korea Meteorological Equipment Market Revenues & Volume, By Anemometer, 2016 - 2026F |
6.1.4 South Korea Meteorological Equipment Market Revenues & Volume, By Hygrometer, 2016 - 2026F |
6.1.5 South Korea Meteorological Equipment Market Revenues & Volume, By Thermometer, 2016 - 2026F |
6.1.6 South Korea Meteorological Equipment Market Revenues & Volume, By Barometer, 2016 - 2026F |
6.1.7 South Korea Meteorological Equipment Market Revenues & Volume, By Pyrometer, 2016 - 2026F |
6.1.8 South Korea Meteorological Equipment Market Revenues & Volume, By Ceilometer, 2016 - 2026F |
6.1.9 South Korea Meteorological Equipment Market Revenues & Volume, By Others, 2016 - 2026F |
6.1.10 South Korea Meteorological Equipment Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 South Korea Meteorological Equipment Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 South Korea Meteorological Equipment Market Revenues & Volume, By Research Institute, 2016 - 2026F |
6.2.3 South Korea Meteorological Equipment Market Revenues & Volume, By Weather Forecasting, 2016 - 2026F |
6.2.4 South Korea Meteorological Equipment Market Revenues & Volume, By Chemical Industry, 2016 - 2026F |
6.2.5 South Korea Meteorological Equipment Market Revenues & Volume, By Biotechnical Industry, 2016 - 2026F |
6.2.6 South Korea Meteorological Equipment Market Revenues & Volume, By Weather Station, 2016 - 2026F |
6.2.7 South Korea Meteorological Equipment Market Revenues & Volume, By Environmental Study, 2016 - 2026F |
6.2.8 South Korea Meteorological Equipment Market Revenues & Volume, By Other, 2016 - 2026F |
6.2.9 South Korea Meteorological Equipment Market Revenues & Volume, By Other, 2016 - 2026F |
6.3 South Korea Meteorological Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 South Korea Meteorological Equipment Market Revenues & Volume, By B2B, 2016 - 2026F |
6.3.3 South Korea Meteorological Equipment Market Revenues & Volume, By B2C, 2016 - 2026F |
6.3.4 South Korea Meteorological Equipment Market Revenues & Volume, By Hypermarkets, 2016 - 2026F |
6.3.5 South Korea Meteorological Equipment Market Revenues & Volume, By Specialty stores, 2016 - 2026F |
6.3.6 South Korea Meteorological Equipment Market Revenues & Volume, By Online stores, 2016 - 2026F |
6.3.7 South Korea Meteorological Equipment Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Meteorological Equipment Market Import-Export Trade Statistics |
7.1 South Korea Meteorological Equipment Market Export to Major Countries |
7.2 South Korea Meteorological Equipment Market Imports from Major Countries |
8 South Korea Meteorological Equipment Market Key Performance Indicators |
9 South Korea Meteorological Equipment Market - Opportunity Assessment |
9.1 South Korea Meteorological Equipment Market Opportunity Assessment, By Instruments, 2019 & 2026F |
9.2 South Korea Meteorological Equipment Market Opportunity Assessment, By End-users, 2019 & 2026F |
9.3 South Korea Meteorological Equipment Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 South Korea Meteorological Equipment Market - Competitive Landscape |
10.1 South Korea Meteorological Equipment Market Revenue Share, By Companies, 2019 |
10.2 South Korea Meteorological Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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