The global Cloud Seeding Equipment Market likely to grow over a CAGR of 7.3% during the forecast period 2019-2024 and generate a revenue of USD 100 million backed by a declining rainfall rate across the globe caused by global warming and pollution. According to Indian Institute of Tropical Meteorology (IITM) 2019, the rainfall pattern globally is changing due to rapid warming of the Indo-Pacific Ocean and these changes have brought a decline in rainfall over central Pacific, along the west and east coast of the United States (e.g., California), North India, East Africa, and the Yangtze basin in China. Additionally, the increasing threat of water scarcity in Asian and European countries is accelerating the growth of the cloud seeding equipment market in the projected time.
Moreover, the surge in the application of cloud seeding technology for dispersing fog and mitigate hail damage across the globe, driving the growth of the cloud seeding equipment market in the. In addition, as a result of the importance of water resources to the national economy, artificial precipitation experiments have received widespread attention as a possible means of developing water resources. The surge in pollution level and the rise in global warming across the globe anticipated triggering the global cloud seeding equipment market in the projected time.
Aircraft, rockets, anti-aircraft guns, balloons, and silver iodide is burning on the ground in the updraft zone, usually used to send the catalyst into the cloud. For warm clouds with the temperature above zero, hygroscopic substances such as salt powder, urea, calcium chloride, etc. are generally used to make water vapor in the clouds, which become large water droplets and fall into the rain. Aerial seeding is more accurate than seeding from ground generators because aircraft can better deliver nuclei to those clouds or parts of clouds where the seeding material desired.
Mode of Seeding Overview in the Global Cloud Seeding Equipment Market
Based on Mode of Seeding, the global Cloud Seeding Equipment Market bifurcated into Aerial Cloud Seeding and Ground-based cloud seeding. The Aerial Cloud Seeding segment expected to generate maximum revenue by 2024. It is owing to delivering a seeding agent by aircraft. In aerial seeding flares containing silver iodide, attached to the wings of a plane, are used to burn acetone with silver iodide to produce nuclei, which delivered at controlled rates into the cloud.
Ground-based cloud seeding will drive by prevailing winds to carry the nuclei to the clouds. Aerial seeding considered to be more accurate than ground seeding.
Application Overview in the Global Cloud Seeding Equipment Market
Based on the application, the Global Cloud Seeding Equipment Market segregated into Fog Dissipation, Snowfall and rainfall augmentation, Hail suppression, and others. The Snowfall and rainfall augmentation segment estimated to generate maximum revenue by 2024. Due to the growing applications snowfall & rainfall augmentation for growth, the naturally occurring rainfall or snowfall. These cloud seedings are useful for irrigation districts, municipalities, hydroelectric facilities, and recreational areas (ski areas).
Regional Overview in the Global Cloud Seeding Equipment Market
By geography, the Global Cloud Seeding Equipment Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America expected to witness lucrative growth over the forecast period, 2019-2024 owing to the increasing government support and initiatives and significant investment on Cloud Seeding Projects
Global Cloud Seeding Equipment Market: Competitive Landscape
Companies such as Weather Modification, Inc, RHS Consulting, Ltd., North American Weather Consultants, Inc., Seeding Operations & Atmospheric Research (SOAR), Kyathi Climate Modification Consultants LLP, Ice Crystal Engineering, Mettech SpA, AF Jets Sdn Bhd, and Snowy Hydro Limited, are the key players in the Global Cloud Seeding Equipment Market.
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