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Air Measuring Equipment Market

Market Insights on Air Measuring Equipment covering sales outlook, demand forecast & up-to-date key trends

Air Measuring Equipment Market by Type, End Use, Application & Region - Forecast 2022 - 2032

Air Measuring Equipment Market Snapshot (2022-2032)

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.

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Which are Some Prominent Drivers Spearheading Air Measuring Equipment Market Growth?

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.

Region-wise Insights

Why is the European Region Emerging as an Opportunistic air measuring equipment Market? 

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. 

How is North America Contributing to Growth of the Air Measuring Equipment Market? 

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.

Nikhil Kaitwade
Principal Consultant
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Market Competition

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 Scope

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

Segments Covered

  • Equipment Type
  • End Use
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Peru
  • Chile
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Poland
  • Russia
  • Australia & New Zealand
  • China
  • India
  • Japan
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • 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.

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Key Segments Profiled in the Air Measuring Equipment Industry Survey

Air Measuring Equipment by Equipment Type:

  • Anemometers
  • Air Flow Meters
  • Air Gauge
  • Air Quality Meters
  • Indoor Air Measuring Equipment
  • Outdoor Air Measuring Equipment
  • Barometers
  • Other Air Measuring Equipment Types

Air Measuring Equipment Market by End Use:

  • Air Measuring Equipment for Automobiles
  • Air Measuring Equipment for Diesel Engines
  • Air Measuring Equipment for Petrol Engines
  • Air Measuring Equipment for Aircrafts
  • Air Measuring Equipment for Weather Forecast
  • Air Measuring Equipment for Paint Agitators
  • Air Measuring Equipment for Civil Constructions
  • Air Measuring Equipment for Other End Uses

Air Measuring Equipment Market by Region:

  • North America Air Measuring Equipment Market
  • Latin America Air Measuring Equipment Market
  • Western Europe Air Measuring Equipment Market
  • Eastern Europe Air Measuring Equipment Market
  • Asia Pacific Air Measuring Equipment Market
  • Middle East and Africa Air Measuring Equipment Market

Frequently Asked Questions

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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Nikhil Kaitwade
Principal Consultant
LinkedIn
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