Global air measuring equipment demand is anticipated to be valued at US$ 4.62 Billion in 2022, forecast to grow at a CAGR of 5% to be valued at US$ 7.53 Billion from 2022 to 2032.
Growing advancements of science and technology in the automotive industry over the years have fuelled the demand for air measuring equipment. Air measuring equipment is the simplified devices which are used for measuring various parameters of air such as velocity, pressure, speed, intensity, and others.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 4.40 Billion |
| Expected Market Value (2022) | US$ 4.62 Billion |
| Anticipated Forecast Value (2032) | US$ 7.53 Billion |
| Projected Growth Rate (2022-2032) | 5% CAGR |
Air measuring equipment finds greater industrial application in preventing worse case accidents and helps in enhanced function of various automobiles. The air measuring equipment is inbuilt in many automobiles which helps in measuring the intake and outlet of air pressure from the engine which helps in internal combustion.
As air measuring equipment measures the accurate atmospheric pressure, it is highly used in aircraft and space crafts in recent years, which is one of the major driving factors of the global air measuring equipment market. Due to an increasing prevalence of air crash accidents, the demand for safety devices and atmospheric pressure detectors and air measuring equipment have surging demands among the aircraft manufacturers.
As the air measuring equipment is being incorporated as inbuilt meters in vehicles, the consumption and trade of air measuring equipment are expected to increase rapidly. Bound to all these factors, it is anticipated that the global air measuring equipment would proliferate in terms of value and volume during the forecast period.
There is various air measuring equipment which has the primary application of quantizing the air particles such as anemometers, air gauge, air flow meters, barometers, and others. Air measuring equipment is also used to calculate the velocity of wind with respect to time in order to forecast the weather which has increased the demand for air measuring equipment in the meteorological department. Due to augmenting applications, it is anticipated that the global air measuring equipment would remain positive during the forecast period.
The air measuring equipment has substantial demands across the world due to its growing application in automotive and mechatronic industries. Globally, among all regions, air measuring equipment is highly utilized in Europe due to the advancement in electronic gadgets and devices in recent years.
According to Future Market Insights, in North America, the air measuring equipment is highly used in aircraft with growing demands for inbuilt anemometer in recent years. In the Asia Pacific, the increasing demand for air measuring equipment in the painting agitators has contributed to the positive growth of the air measuring equipment market.
In Latin America, the air measuring equipment is primarily used for weather forecasting and civil construction which has thriving demands among the industrialists. Bound to all the above factors it is anticipated that the global air measuring equipment market would remain positive during the forecast period.
Currently, the market is considerably competitive, with continuous product and technology developments by established as well as new players. Some of the key players in the air measuring equipment market are Delta Ohm Benelux, Sonic Corporation, Siemens AG, TSI Co., Ltd., Dongguan Xintai Instrument, Gill Electronics Inc., Sparton IED, LLC, PCE Deutschland GmbH, Testo SE & Co. KGaA., FT Technologies, Inc., NRG Systems Inc., etc. among others.
Attributed to the presence of such a high number of participants, the market is highly competitive. An air measuring equipment market report also contains projections using a suitable set of assumptions and methodologies. Global air measuring equipment research report provides analysis and information according to market segments such as geographies, application, and industry.
Globally, the air measuring equipment market is expected to be fragmented in nature owing to the presence of a large number of players in the local as well as global market.
| Report Attribute | Details |
| Growth Rate | CAGR of 5% from 2022 to 2032 |
| Market Value for 2022 | US$ 4.62 Billion |
| Market Value for 2032 | US$ 7.53 Billion |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the global air measuring equipment market to expand at a 5% value CAGR by 2032
North America is expected to be the most opportunistic air measuring equipment market.
Delta Ohm Benelux, Sonic Corporation, and Siemens AG, are some prominent air measuring equipment manufacturers.
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Air Measuring Equipment Market
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