According to this latest study, the growth in The Real-time Flood Monitoring and Warning
System Market is expected to grow at a CAGR of 4.8% during forecast period
2021- 2027.
Flooding is a situation referred to
the water from a river or rain covers large areas of land. It is also called a
temporary increase in the water level, as in a river or lake or along a
seacoast, resulting in its disclosing over and out of its natural or artificial
impound onto normally dry land. Moreover, a flood monitoring and warning system
using a real-time sensor are one of the flood controls measures. This system
not only monitors the flood but also has some admonition or alert mechanism to
alert people. Losses owing to flooding can be declined by measures such as
forecasting, evaluation, simulation, and monitoring, of water level.
Furthermore, one of the measuring flood systems is using a wireless sensor and
web-based decision support system in controlling, monitoring, assessing, and
relieving natural disasters, especially flood disasters.
The Real-time Flood Monitoring and
Warning System supports national and local administrations such as
municipalities, county councils, and water suppliers to alert residents about
forthcoming flood events and to consign teams to apply flood mitigation plans.
Furthermore, as long as the year 2000 through to the end of 2018, a total of
5,338 Water-Related Disasters (WRD) have been revealed and led to over 326,000
mortality and economic losses of more than USD 1.7 trillion worldwide. Floods
were recorded for about 54 % of all WRDs. Asia appears to be the harmfully hit
continent, with 41% of all flood disaster events, followed by Africa (23%), the
Americas (21%), Europe (13%), and Oceania (3%).
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Leading Key Players Covered in Real-time Flood Monitoring and Warning System market:
·
Pessl Instruments
·
Hydro
International UK Ltd.
·
Campbell
Scientific Inc.
·
Arteria
Technologies Private Limited
·
HWM-Water
·
High Sierra
Electronics Inc.
·
Valarm
·
Hanwell Solutions
Ltd.
·
Lynker
·
Riverside
Technology Inc.
·
SysEng (S) Pte
Ltd.
·
Vieux &
Associates Inc.
These companies are devising key
strategies such as acquisitions, merges, collaborations, partnerships, new
product launches, regional expansions, and targeting untapped markets to gain
competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market
through the analysis of key parameters such as revenue, price, competition, and
promotions, as well as the study, synthesis, and summarization of data from
different sources. It analyzes the leading industry drivers and shows numerous
market components. The information offered is thorough, dependable, and the
result of a comprehensive primary and secondary study. Introspective Market
Research reports offer a comprehensive global market as well as an in-depth
strategic sourcing methodology and analysis based on qualitative and
quantitative research to anticipate market growth.
If You Have Any Query of Real-time Flood
Monitoring and Warning System Market Report, Visit:
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Segmentation of Real-time Flood Monitoring and
Warning System market:
By
Type:
·
Hardware
·
Software
·
Services
By Application:
·
Agriculture
·
Government
·
Media
·
Tourism And
Outdoor Entertainment
·
Inland Fisheries
·
Transport And
Logistic
·
Others
Geographic Segment Covered in the Report
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy,
Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan,
Southeast Asia, Rest of APAC)
Middle East & Africa (GCC
Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest
of South America)
Reasons to
Purchase this Market Report:
Market forecast analysis through
recent trends and SWOT analysis
Real-time Flood Monitoring and Warning
System Market Dynamics Scenarios with Market Growth Opportunities over the Next
Year
Market segmentation analysis,
including qualitative and quantitative studies that include economic and
non-economic impacts
Real-time Flood Monitoring and Warning
System Market Regional and country-level analysis that integrates demand and
supply forces that impact the growth of the market.
Competitive environment related to the Real-time Flood Monitoring and Warning System market share for key players, along with new projects and strategies that players have adopted over the past five years
Key Benefits for Industry
Participants & Stakeholders:
Industry drivers,
restraints, and opportunities covered in the study
Neutral
perspective on the market performance
Recent
industry trends and developments
Competitive
landscape & strategies of key players
Potential
& niche segments and regions exhibiting promising growth covered
Historical,
current, and projected market size, in terms of value
In-depth
analysis of the Real-time Flood Monitoring and Warning System Market
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