In a recent published report, Kenneth Research has updated the market report for Cloud Seeding Equipment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cloud Seeding Equipment Market products.
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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
The cloud seeding equipment market is projected to grow vibrantly in the upcoming years on the back of increasing application of the technology in various end-user industries ranging from agriculture, aviation, defense to water management bodies, entertainment and more. Additionally, rising application of cloud seeding technology in weather modification for events and pollution control is expected to propel significant growth in the market over the forecast period.
Additionally, escalating utilization in aerospace and aviation industry accompanied with increasing demand from developed and developing countries strengthen the agricultural production capabilities is attributed to drive the cloud seeding equipment market subsequently over the forecast period.
Increasing number of cloud Seeding providers investing in building in-house research facilities to gather effective seeding methods with an aim to expanding end-users base is expected to strongly influence the cloud seeding equipment market across the globe.
Download Sample of This Strategic Report-
https://www.kennethresearch.com/sample-request-10166481
Global cloud seeding equipment market was valued at USD 154 Million in 2018 and is likely to achieve USD 288 Million by end of 2027 expanding at a CAGR of 6% during the forecast period.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Table of Content:
• Market Definition and Research Methodology
o Market and Product Definition
o Research Objective
• Global Cloud Seeding Equipment Market
o Market Overview – Market Size and Forecast, 2018-2027
o Market Segmentation by:
Mode of Seeding
Applications
Region
• Industry Analysis
o Policy & regulatory landscape
o Risk analysis
o Global Cloud Seeding Projects
• Market Dynamics of Global Cloud Seeding Equipment Market
o Market Drivers
o Market Challenges
o Market Trends
o Opportunities
• Competitive Landscape
o Company Profiles of top players
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Download Sample of This Strategic Report-
https://www.kennethresearch.com/sample-request-10166481
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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