Global Wind and Solar Power Forecasting Services Market Strategic Research Report

Scope of the Report

The global Wind and Solar Power Forecasting Services market size is predicted to grow from US$ 158 million in 2025 to US$ 252 million in 2032; it is expected to grow at a CAGR of 6.8% from 2026 to 2032.

Wind and solar power forecasting services are specialized solutions that provide accurate predictions of the electricity production or output from wind turbines and solar photovoltaic (PV) systems. These services use a combination of meteorological data, historical performance data, and advanced modeling techniques to forecast the expected generation of renewable energy from wind and solar sources. The primary purpose of these forecasting services is to assist grid operators, utilities, and energy producers in effectively managing the integration of variable renewable energy sources into the power grid.

The growth of the wind and solar power forecasting service market is primarily driven by the continuous expansion of global installed wind and photovoltaic (PV) capacity, the development of electricity spot markets, and the rising share of renewable energy integrated into the grid. As wind and solar power account for an increasing proportion of the power system, their inherent randomness and volatility place greater demands on grid balancing, peak-shaving capabilities, and electricity trading. Consequently, power generation companies and grid dispatch centers require more accurate day-ahead, intra-day, and ultra-short-term power forecasting to optimize generation schedules, minimize deviation costs, and enhance the integration and consumption of renewable energy. Meanwhile, the rapid development of virtual power plants (VPPs), energy storage, aggregated power trading, and distributed energy resources has expanded the demand for forecasting at both the asset-portfolio and regional levels. Furthermore, continuous advancements in high-resolution numerical weather prediction, satellite imagery, real-time SCADA data, and AI/machine learning technologies have improved forecasting accuracy and update frequencies while reducing the costs associated with forecasting for large-scale asset portfolios. Coupled with increasingly stringent requirements from national grids regarding forecasting accuracy and data submission, wind and solar power forecasting is evolving from a supplementary meteorological service into a fundamental digital capability for renewable energy operations and electricity trading.

This report presents a comprehensive overview of the global Wind and Solar Power Forecasting Services market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

• Short-Term Forecasting
• Medium and Long Term Forecasting

Segment by Energy Type

• Wind Power Forecasting Services
• Solar Power Forecasting Services

Segment by Predicted Object

• Turbine/Unit-level Forecasting
• Plant/Site-level Forecasting
• Others

Segment by players, this report covers

• energy & meteo systems
• Meteologica
• Vaisala
• LSEG
• Weathernews
• DNV
• enfor
• Volue
• StormGeo
• Meteomatics
• Amperon
• Montel Energy
• Dexter Energy
• AleaSoft
• ConWX
• Reuniwatt
• Steadysun
• Renewcast
• State Power Rixin Technology
• Beijing East E-Energy Technology
• Jiutian Weather Technology
• Daxian Wind

Segment by Application

• Energy Providers
• Power Traders
• Grid Operators

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Wind and Solar Power Forecasting Services market:

• Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
• Distributors, channel partners and end users in Energy Providers, Power Traders, Grid Operators evaluating demand and sourcing options
• Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
• Government agencies, industry associations and research institutions tracking industry developments and policy impact