The smart home weather stations and rain gauge market is forecasted to grow by USD 100.5 mn during 2023-2028, accelerating at a CAGR of 9.77% during the forecast period. The report on the smart home weather stations and rain gauge market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation in terms of technology, performance, features, and design, growing demand for smart home products due to increase in internet penetration, and high convenience offered by smart home weather stations and rain gauge devices.
Technavio's smart home weather stations and rain gauge market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
8.16%
CAGR
9.77%
Incremental Value
$100.5mn
By Product
Smart weather stations
Smart rain gauge
By Distribution Channel
Online
Offline
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the increasing adoption of wireless connecting devices and IoT as one of the prime reasons driving the smart home weather stations and rain gauge market growth during the next few years. Also, compatibility of smart products with voice-enabled speakers and growing online sales of smart home weather stations and rain gauge devices will lead to sizable demand in the market.
The report on the smart home weather stations and rain gauge market covers the following areas:
Smart home weather stations and rain gauge market sizing
Smart home weather stations and rain gauge market forecast
Smart home weather stations and rain gauge market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart home weather stations and rain gauge market vendors that include Advance Tech India Pvt. Ltd., Advanced Environmental Monitoring LLC, Airmar Technology Corp., BARANI DESIGN Technologies sro, BloomSky Inc., Campbell Scientific Inc., Chaney Instrument Co., Columbia Weather Systems Inc., Headwind Consumer Products, Hunan Rika Electronic Tech Co. Ltd., Kotai Electronics Pvt. Ltd., La Crosse Technology Ltd., Legrand SA, Nielsen Kellerman Co., R. M. Young Co., S S Micro Electronics Pvt. Ltd., SENCROP , ThermoPro, WeatherFlow Inc., and Z Wave Europe GmbH. Also, the smart home weather stations and rain gauge market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Smart Home Weather Stations And Rain Gauge Market 2018 - 2022
Historic Market Size - Data Table on Global Smart Home Weather Stations And Rain Gauge Market 2018 - 2022 ($ million)