Earthquake Early Warning Systems Market 2023-2032 | Growth, Trends & Forecast by Straits Research
The global Earthquake Early Warning Systems (EEWS) market was valued at USD 1.3 billion in 2023 and is projected to grow from USD 1.4 billion in 2024 to USD 2.3 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period from 2024 to 2032. As seismic events continue to pose significant threats to both lives and infrastructure, the demand for earthquake early warning systems is growing. These systems help in minimizing the devastating effects of earthquakes by providing crucial alerts before the shaking reaches the affected areas, ensuring safety and preparedness.
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