Cloud Seeding Equipment Sector: Growth Drivers and Challenges
- Surge in Global Warming - Global warming is the gradual expansion in global temperature resulting from the greenhouse effect caused by elevated levels of carbon dioxide, CFCs, and other pollutants. As a result, rising temperature on earth is causing longer and hotter heat waves, more frequent droughts, and hurricanes. People face food and water scarcity, increased flooding, extreme heat, elevated disease, and economic damage as a result of global warming. As per the data provided by the National Centers for Environmental Information, the global surface temperature deviation for August 2022 was 0.90°C (1.62°F) above the average for the 20th century of 15.6°C (60.1°F), making it the sixth largest deviation for August in the 143-year record. All 10 of the hottest Augusts on record have taken place since 2009. Additionally, August 2022 was the 46th sequential August and the 452nd consecutive month with temperatures of record-warm August, which covered approximately 8.2% of the world's surface — the third-highest ratio for record-high August temperatures.
- Worldwide Escalation in Air Pollution - As per the data from the World Bank, rising level of pollution is responsible for over 11 million premature deaths worldwide.
- Increasing Trend of Weather Modification – As per a report, China conducted a weather-modification project in 2020 to produce artificial snowfall or rain over an area larger than 5.5 million square kilometers.
- Upsurge in Global Population - According to United Nations statistics, the global population is expected to reach 8.5 billion in 2030 and 9.7 billion in 2050.
- Worldwide Boost in Research and Development Investment - The Unesco Institute for Statistics reports that, with an average annual growth rate of 4.7% over the past ten years, the global R&D expenditure has significantly soared. Globally, from 1.61% in 2010 to 1.93% in 2020, the percentage of global investment in research and development has climbed dramatically.
Challenges
- High Cost of Cloud Seeding Services
- Lack of Effectiveness of Cloud Seeding Process
- Risks of Adverse Effects Associated with Chemicals Used in the Process
Cloud Seeding Equipment Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.9% |
|
Base Year Market Size (2024) |
USD 389.66 million |
|
Forecast Year Market Size (2037) |
USD 927.68 million |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of cloud seeding equipment is estimated at USD 433.87 million.
The cloud seeding equipment market size was over USD 389.66 million in 2024 and is poised to exceed USD 927.68 million by 2037, growing at over 6.9% CAGR during the forecast period i.e., between 2025-2037. Surge in Global Warming, Worldwide Escalation in Air Pollution, Increasing Trend of Weather Modification, and Upsurge in Global Population will drive the market growth.
Asia Pacific industry is likely to hold largest revenue share of 65% by 2037, impelled by decline in rainfall, growing scarcity of water, and massive increase in air pollution in the region.
The major players in the market are North American Weather Consultants, Inc., Weather Modification, Inc., Ice Crystal Engineering, Snowy Hydro Limited, Mettech S.p.A., AFJETS SDN BHD, and others.
