Market Dynamics:
The increasing scarcity of water resources across the globe due to factors such as climate change, rapid urbanization, and population growth is expected to drive the growth of the cloud seeding market during the forecast period. According to UN estimates, over 1.2 billion people currently live in areas facing water scarcity conditions, and this number is projected to rise to over 3 billion by 2025. Governments are increasingly leveraging cloud seeding technologies to artificially supplement annual rainfall and stream flows.

In addition, growing investments by governments to enhance water management infrastructure are also augmenting the adoption of cloud seeding activities. For example, China has been implementing extensive cloud seeding operations since the 1950s to boost rainfall and minimize drought impacts. Similarly, the Saudi Arabian government initiated the ‘National Renewable Water Program’ involving large-scale cloud seeding projects to achieve sustainable development.

Key Takeaways

The Global Cloud Seeding Market Size is expected to witness high growth, exhibiting CAGR of 5.8% over the forecast period, due to increasing water scarcity concerns worldwide amid climate change.

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