Report Code: CMI42530

Published Date: March 2024

Pages: 320+

Category: India

Report Snapshot

CAGR: 5.62%
178M
2023
187.8M
2024
329.3M
2033

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: India
Largest Market: India

Major Players

  • Astra Microwave Products Limited
  • Aveli Global Engineering Solutions Pvt. Ltd.
  • Encardio Rite
  • Geomax AG
  • Others

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Reports Description

India Hydrological and Meteorological Equipment Market was valued at USD 187.8 Million in 2023 and is expected to reach USD 329.3 Million by 2033, at a CAGR of 5.62% during the forecast period 2024 – 2033.

Hydrological Equipment is used for various types of measurements and data analysis such as measuring the flow of water, and water level. Examples of hydrological equipment include water quality monitoring equipment, water level measurement equipment, river and open channel flow measurement equipment, rainfall measurement equipment, ultrasonic flow meters, magnetic flow meters, and ocean wave and current modelling equipment.

Meteorological instruments provide reliable and accurate meteorological data analysis.  These meteorological instruments include a standard weather station, automatic weather station, rain gauge, rainfall recorder and logger, evaporation recorder, snow water equivalent recorder, pyranometer for shortwave and global radiation, cup counter anemometer, wind vane and temperature humidity recorder.

India Hydrological and Meteorological Equipment Market: Growth Factors

The hydrological and meteorological equipment are employed by hydrology practitioners to study and ameliorate the movement, distribution, and quality of water on Earth and other planets. the science of hydrology includes hydro-meteorology, surface hydrology, hydrogeology, drainage basin management and water quality, where water plays the central role.

India’s hydrological and meteorological equipment market is driven by various factors such as changing climatic situations, increasing uncertainties in rainfall, growing marine and industry in India, growing need for continuities weather monitoring to enable disaster management, increasing investment of government and private players in hydrological and meteorological research and development.

An increasing number of extreme weather is expected to propel the demand for metrological equipment in India. For instance, since 1901 India experienced the hottest February in 2023.

Furthermore, according to Indian Metrological Department Himachal Pradesh recorded the highest number of days with extreme weather at 149, followed by Madhya Pradesh with 141, and Kerala and Uttar Pradesh with 119 each. Eight states recorded more than 100 days of extreme weather. Heavy rains, floods and landslides were recorded on 208 days in 2023 in the whole of India.

In India, extreme weather events like these becoming frequent and are expected to get worse due to climate change. India is among the countries most affected by the impacts of extreme weather events. Thus, to cope with such extreme weather events government of India is heavily investing in metrological research and development, which in turn drives the demand for metrological and hydrological equipment.

For instance, the Government of India has approved the National Hydrology project as a World Bank supported Central Sector Scheme with a total outlay of INR 3640 crores for National Hydrology Project (NHP) and Rs. 39.76 crores for the establishment of the National Water Informatics Centre (NWIC) as a repository of nation-wide water resources data.

Through this project government of India is aiming to establish & strengthen monitoring networks in project states, with a focus on deploying new sensors, data storage, and telemetry technologies across the whole country to establish comprehensive, modern, automated, real-time monitoring systems for surface water and groundwater.

This project is expected to be completed by September 2025, such projects and initiatives are expected to create lucrative opportunities for the market during the forecast period.

India Hydrological and Meteorological Equipment Market: Restraints

Various factors such as the high cost of hydrological and meteorological equipment, lack of skilled expertise and manpower to manufacture and operate hydrological and meteorological equipment, less adaption in undeveloped states, complexity of weather forecasting models, dynamic nature of atmospheric variables and supply chain disruptions are restraining the India Hydrological and Meteorological Equipment market growth.

Furthermore, the Lack of effective automation in hydrological and meteorological equipment, occurrences of false weather alarms and the requirement of high capital investment to implement hydrological and meteorological projects are expected to restrain the market growth during the forecast period.

India Hydrological and Meteorological Equipment Market 2024–2033 (By Sales Channel)

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India Hydrological and Meteorological Equipment Market: Opportunities

Technological advancements, growing demand for accurate weather monitoring conditions, integration of artificial intelligence and IoT technologies in hydrological and meteorological equipment, supportive government policies such as the Make in India Initiative, Production Linked Incentive Scheme, growing investment in hydrological and meteorological projects are expected to create significant opportunities for the market during the forecast period.

Hydrological and Meteorological equipment manufacturers are focusing on developing innovative, advanced and differentiated meteorological equipment to serve the specific requirements of end-use industries, which is expected lucrative opportunities for market growth during the forecast period.

Furthermore, factors such as the rise in maritime commerce and transport activities in coastal states of India, increasing offshore renewable wind energy projects across India, and growing technological advancements in hydrographic survey equipment are expected to create lucrative opportunities for the market during the forecast period.

India Hydrological and Meteorological Equipment Market 2024–2033 (By Type)

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India Hydrological and Meteorological Equipment Market: Segmentation Analysis

India’s Hydrological and Meteorological Equipment market is segmented by equipment type, sales channel and region. By Equipment type, the market is segmented into hydrological and meteorological equipment. Among all of these, hydrological equipment held the highest market share in 2023 and is expected to keep its dominance during the forecast period.

Hydrological equipment includes Surface water velocity sensors, current meters, groundwater level loggers, radar water level sensors, compact bubblers, pressure level sensors, multi-parameter water quality sonde, contact gauge, side looking dopplers and data loggers. Increasing investment in hydrological projects across India to cope with water scarcity is expected to drive the market growth of this segment.

For instance, the Asian Development Bank (ADB) and the Government of India are working together to bring improved water and irrigation services to farmers in Karnataka state. The Karnataka Integrated and Sustainable Water Resources Management Investment Program is helping people in the state manage the water in river basins so that it can be shared equally among the various users minimizing impacts to the environment.

Furthermore, the Government of India has launched the National Hydrology Project (NHP) with the help World Bank to improve the extent and accessibility of water resources information and strengthen institutional capacity to enable improved water resources planning and management across India. Thus, such projects and investments are expected to drive the segment growth during the forecast period.

Distribution channel, India’s hydrological and meteorological equipment market is segmented into direct and indirect distribution channels. Among all of these, the Indirect distribution channel held the highest market share in 2023 and is expected to keep its dominance during the forecast period. Indirect distribution involves third parties, like warehouses, wholesalers, and retailers.

Key players operating in this market do sell their equipment through this distribution channel.  Direct distribution gives companies more control over the whole process. Direct distribution is a direct-to-consumer approach where the manufacturer controls all aspects of distribution.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 187.8 Million
Projected Market Size in 2033 USD 329.3 Million
Market Size in 2023 USD 178 Million
CAGR Growth Rate 5.62% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, End User, Sales Channel and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Country Scope India
Buying Options Request tailored purchasing options to fulfil your requirements for research.

India Hydrological and Meteorological Equipment Market: Regional Analysis

India Hydrological and Meteorological Equipment market is segmented into North India, South India, East India, and West India. Among all these regions, North India held a significant market share of the India Hydrological and Meteorological Equipment Market in 2022 and is expected to grow at a significant pace during the forecast period. Northern states such as Uttar Pradesh, Punjab, J&K, Bihar and Haryana are driving the market growth of this region.

South India is expected to create significant opportunities for the market during the forecast period owing to increasing investment in hydrological projects and growing maritime trade activities in this region. States such as Karnataka, Andhra Pradesh, Kerala, Telangana, and Tamil Nadu are driving the market growth of this region.

West India is expected to emerge as a potential region during the forecast period. States like Maharashtra, Gujrat, and Madhya Pradesh are playing a major role in driving the growth of this region.

India Hydrological and Meteorological Equipment Market 2024–2033 (By Million)

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India Hydrological and Meteorological Equipment Market: Recent Developments

  • In August 2022, Astra Microwave Products joint venture company (JVC) — Astra Rafael Comsys started manufacturing, integration, customization and product support of Electro Optic (EO) systems in addition to its existing business line. This new product line (EO) will enable JVC to compete in the upcoming EO systems business of about $600 million in India in the next 5 to 8 years.
  • Recently Gill Instruments Ltd, a world leader in ultrasonic anemometers and compact weather stations, has launched a new multi-function professional weather station named as MetPak Pro with the ability to connect up to four external measurement devices.
  • In April 2022, Mechatronics Pvt Ltd, an SME which has a presence in Hootagalli, Mysuru, announced the expansion of its operations by investing 18.6 crore INR in a new Design & Manufacturing unit at KIADB’s Immavu Industrial area.

List of the prominent players in the India Hydrological and Meteorological Equipment Market:

  • Astra Microwave Products Limited
  • Aveli Global Engineering Solutions Pvt. Ltd.
  • Encardio Rite
  • Geomax AG
  • Gill Instruments Limited
  • Hach Company
  • Info Electronics Systems India Pvt. Ltd.
  • In-Situ Inc.
  • R. Instruments
  • Kaizen Imperial
  • Mechatronics Systems Pvt. Ltd.
  • Obel Systems Private Limited
  • K. Engineering Corporation
  • SEBA Hydrometrie GmbH & Co. KG
  • Swan Environmental Private Limited
  • Vaisala Oyj
  • Virtual Hydromet
  • Others

These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.

The India Hydrological and Meteorological Equipment Market is segmented as follows:

By Type

  • Hydrological Equipment’s
    • Surface Water Velocity Sensors
    • Current Meters
    • Groundwater Level Logger
    • Radar Water Level Sensors
    • Compact Bubblers
    • Pressure Level Sensors
    • Multi-parameter Water Quality Sonde
    • Contact Gauge
    • Side Looking Dopplers
    • Data Loggers
  • Meteorological Equipment’s
    • Rain Gauge
    • Precipitation gauge Measurement
    • Disdrometer (Parsivel- laserWeather sensor)
    • Wind Speed and Direction Sensor
    • Ceilometers
    • AT/RH Sensor
    • Snow Depth Sensors
    • Snow Gauge

By End User

  • Indian Meteorological Department
  • Space Research & Sciences (ISRO, NESAC)
  • Environmental Engineering & Audit Agencies (NEERI, TERI, etc.)
  • Marine & Costal Security
  • Research Institutes Laboratories (SASE, IISER, NIOT)
  • Central Water Resources Management Department
  • Irrigation Department
  • Agriculture
  • Water Utility Companies
  • Hydropower Plants
  • National Hydrological Projects
  • Research and Academia

By Sales Channel

  • Direct Sales
  • In Direct Sales

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 India Hydrological and Meteorological Equipment Market, (2024 – 2033) (USD Million)
    • 2.2 India Hydrological and Meteorological Equipment Market: snapshot
  • Chapter 3. India Hydrological and Meteorological Equipment Market – Industry Analysis
    • 3.1 India Hydrological and Meteorological Equipment Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Supportive Government Policies
      • 3.2.2 Increasing investment projects
      • 3.2.3 Changing climatic conditions.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Type
      • 3.7.2 Market Attractiveness Analysis By End User
      • 3.7.3 Market Attractiveness Analysis By Sales Channel
  • Chapter 4. India Hydrological and Meteorological Equipment Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 India Hydrological and Meteorological Equipment Market: company market share, – 2033
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. India Hydrological and Meteorological Equipment Market – Type Analysis
    • 5.1 India Hydrological and Meteorological Equipment Market Overview: By Type
      • 5.1.1 India Hydrological and Meteorological Equipment Market Share, By Type, – 2033 and 2024
    • 5.2 Surface Water Velocity Sensors
      • 5.2.1 India Hydrological and Meteorological Equipment Market by Surface Water Velocity Sensors, 2024 – 2033 (USD Million)
    • 5.3 Current Meters
      • 5.3.1 India Hydrological and Meteorological Equipment Market by Current Meters, 2024 – 2033 (USD Million)
    • 5.4 Groundwater Level Logger
      • 5.4.1 India Hydrological and Meteorological Equipment Market by Groundwater Level Logger, 2024 – 2033 (USD Million)
    • 5.5 Radar Water Level Sensors
      • 5.5.1 India Hydrological and Meteorological Equipment Market by Radar Water Level Sensors, 2024 – 2033 (USD Million)
    • 5.6 Compact Bubblers
      • 5.6.1 India Hydrological and Meteorological Equipment Market by Compact Bubblers, 2024 – 2033 (USD Million)
    • 5.7 Pressure Level Sensors
      • 5.7.1 India Hydrological and Meteorological Equipment Market by Pressure Level Sensors, 2024 – 2033 (USD Million)
    • 5.8 Multi-parameter Water Quality Sonde
      • 5.8.1 India Hydrological and Meteorological Equipment Market by Multi-parameter Water Quality Sonde, 2024 – 2033 (USD Million)
    • 5.9 Contact Gauge
      • 5.9.1 India Hydrological and Meteorological Equipment Market by Contact Gauge, 2024 – 2033 (USD Million)
    • 5.10 Side Looking Dopplers
      • 5.10.1 India Hydrological and Meteorological Equipment Market by Side Looking Dopplers, 2024 – 2033 (USD Million)
    • 5.11 Data Loggers
      • 5.11.1 India Hydrological and Meteorological Equipment Market by Data Loggers, 2024 – 2033 (USD Million)
    • 5.12 Rain Gauge
      • 5.12.1 India Hydrological and Meteorological Equipment Market by Rain Gauge, 2024 – 2033 (USD Million)
    • 5.13 Precipitation Gauge Measurement
      • 5.13.1 India Hydrological and Meteorological Equipment Market by Precipitation Gauge Measurement, 2024 – 2033 (USD Million)
    • 5.14 Disdrometer (Parsivel- laserWeather sensor)
      • 5.14.1 India Hydrological and Meteorological Equipment Market by Disdrometer (Parsivel- laserWeather sensor), 2024 – 2033 (USD Million)
    • 5.15 Wind Speed and Direction Sensor
      • 5.15.1 India Hydrological and Meteorological Equipment Market by Wind Speed and Direction Sensor, 2024 – 2033 (USD Million)
    • 5.16 Ceilometers
      • 5.16.1 India Hydrological and Meteorological Equipment Market by Ceilometers, 2024 – 2033 (USD Million)
    • 5.17 AT/RH Sensor
      • 5.17.1 India Hydrological and Meteorological Equipment Market by AT/RH Sensor, 2024 – 2033 (USD Million)
    • 5.18 Snow Depth Sensors
      • 5.18.1 India Hydrological and Meteorological Equipment Market by Snow Depth Sensors, 2024 – 2033 (USD Million)
    • 5.19 Snow Gauge
      • 5.19.1 India Hydrological and Meteorological Equipment Market by Snow Gauge, 2024 – 2033 (USD Million)
  • Chapter 6. India Hydrological and Meteorological Equipment Market – End User Analysis
    • 6.1 India Hydrological and Meteorological Equipment Market Overview: By End User
      • 6.1.1 India Hydrological and Meteorological Equipment Market Share, By End User, – 2033 and 2024
    • 6.2 Indian Meteorological Department
      • 6.2.1 India Hydrological and Meteorological Equipment Market by Indian Meteorological Department, 2024 – 2033 (USD Million)
    • 6.3 Space Research & Sciences (ISRO, NESAC)
      • 6.3.1 India Hydrological and Meteorological Equipment Market by Space Research & Sciences (ISRO, NESAC), 2024 – 2033 (USD Million)
    • 6.4 Environmental Engineering & Audit Agencies (NEERI, TERI, etc.)
      • 6.4.1 India Hydrological and Meteorological Equipment Market by Environmental Engineering & Audit Agencies (NEERI, TERI, etc.), 2024 – 2033 (USD Million)
    • 6.5 Marine & Costal Security
      • 6.5.1 India Hydrological and Meteorological Equipment Market by Marine & Coastal Security, 2024 – 2033 (USD Million)
    • 6.6 Research Institutes Laboratories (SASE, IISER, NIOT)
      • 6.6.1 India Hydrological and Meteorological Equipment Market by Research Institutes Laboratories (SASE, IISER, NIOT), 2024 – 2033 (USD Million)
    • 6.7 Central Water Resources Management Department
      • 6.7.1 India Hydrological and Meteorological Equipment Market by Central Water Resources Management Department, 2024 – 2033 (USD Million)
    • 6.8 Irrigation Department
      • 6.8.1 India Hydrological and Meteorological Equipment Market by Irrigation Department, 2024 – 2033 (USD Million)
    • 6.9 Agriculture
      • 6.9.1 India Hydrological and Meteorological Equipment Market by Agriculture, 2024 – 2033 (USD Million)
    • 6.10 Water Utility Companies
      • 6.10.1 India Hydrological and Meteorological Equipment Market by Water Utility Companies, 2024 – 2033 (USD Million)
    • 6.11 Hydropower Plants
      • 6.11.1 India Hydrological and Meteorological Equipment Market by Hydropower Plants, 2024 – 2033 (USD Million)
    • 6.12 National Hydrological Projects
      • 6.12.1 India Hydrological and Meteorological Equipment Market by National Hydrological Projects, 2024 – 2033 (USD Million)
    • 6.13 Research and Academia
      • 6.13.1 India Hydrological and Meteorological Equipment Market by Research and Academia, 2024 – 2033 (USD Million)
  • Chapter 7. India Hydrological and Meteorological Equipment Market – Sales Channel Analysis
    • 7.1 India Hydrological and Meteorological Equipment Market Overview: By Sales Channel
      • 7.1.1 India Hydrological and Meteorological Equipment Market Share, By Sales Channel, – 2033 and 2024
    • 7.2 Direct Sales
      • 7.2.1 India Hydrological and Meteorological Equipment Market by Direct Sales, 2024 – 2033 (USD Million)
    • 7.3 In Direct Sales
      • 7.3.1 India Hydrological and Meteorological Equipment Market by In Direct Sales, 2024 – 2033 (USD Million)
  • Chapter 8. India Hydrological and Meteorological Equipment Market – Regional Analysis
    • 8.1 India Hydrological and Meteorological Equipment Market Regional Overview
    • 8.2 India Hydrological and Meteorological Equipment Market Share, by Region, – 2033 & 2024 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Astra Microwave Products Limited
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Aveli Engineering Solutions Pvt. Ltd.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Encardio Rite
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Geomax AG
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Gill Instruments Limited
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Hach Company
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Info Electronics Systems India Pvt. Ltd.
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 In-Situ Inc.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 K. R. Instruments
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Kaizen Imperial
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Mechatronics Systems Pvt. Ltd.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Obel Systems Private Limited
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 R.K. Engineering Corporation
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 SEBA Hydrometrie GmbH & Co. KG
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Swan Environmental Private Limited
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Vaisala Oyj
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
    • 9.17 Virtual Hydromet
      • 9.17.1 Overview
      • 9.17.2 Financials
      • 9.17.3 Product Portfolio
      • 9.17.4 Business Strategy
      • 9.17.5 Recent Developments
    • 9.18 Others.
      • 9.18.1 Overview
      • 9.18.2 Financials
      • 9.18.3 Product Portfolio
      • 9.18.4 Business Strategy
      • 9.18.5 Recent Developments
List Of Figures

Figures No 1 to 43

List Of Tables

Tables No 1 to 2

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2032

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2032
  • Market revenue estimates and forecasts up to 2032, by technology
  • Market revenue estimates and forecasts up to 2032, by application
  • Market revenue estimates and forecasts up to 2032, by type
  • Market revenue estimates and forecasts up to 2032, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Astra Microwave Products Limited
  • Aveli Global Engineering Solutions Pvt. Ltd.
  • Encardio Rite
  • Geomax AG
  • Gill Instruments Limited
  • Hach Company
  • Info Electronics Systems India Pvt. Ltd.
  • In-Situ Inc.
  • R. Instruments
  • Kaizen Imperial
  • Mechatronics Systems Pvt. Ltd.
  • Obel Systems Private Limited
  • K. Engineering Corporation
  • SEBA Hydrometrie GmbH & Co. KG
  • Swan Environmental Private Limited
  • Vaisala Oyj
  • Virtual Hydromet
  • Others

FAQs

The restraints of the Indian Hydrological and Meteorological Equipment market includes high cost of hydrological and meteorological equipment’s counterfeiting of hydrological and meteorological equipment components, less adaption in underdeveloped states and lack of skilled expertise

The major drivers for the India Hydrological and Meteorological Equipment market are supportive government policies, increasing investment in hydrological and meteorological projects and changing climatic conditions.

The “Surface Water Velocity Sensors” category dominated the market in 2023.

The key players in the market are Astra Microwave Products Limited, Aveli Global Engineering Solutions Pvt. Ltd., Encardio Rite, Geomax AG, Gill Instruments Limited, Hach Company, Info Electronics Systems India Pvt. Ltd., In-Situ Inc., K. R. Instruments, Kaizen Imperial, Mechatronics Systems Pvt. Ltd., Obel Systems Private Limited, R.K. Engineering Corporation, SEBA Hydrometrie GmbH & Co. KG, Swan Environmental Private Limited, Vaisala Oyj, Virtual Hydromet, Others.

The market is projected to grow at a CAGR of 5.62% during the forecast period, 2024-2033.

The India Hydrological and Meteorological Equipment Market size was valued at USD 187.8 Million in 2024.

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