Anemometer Market Analysis

Anemometer is an instrument used to determine the speed of the airflow in the atmosphere, gas flow applications, and in wind flow tunnels. It can check the total velocity magnitude of fluids on a horizontal plane or in a specific direction. The effect of fluid on mechanical equipment is also determined by an anemometer. Anemometer is fundamentally a weather station instrument. Along with that, various changes and differences in a fluid are identified by using an anemometer. The market is segmented into two types- pressure anemometer and velocity anemometer. There is a high investment in anemometer manufacturing industries due to the wide range of applications offered by these anemometers. Manufacturers are concentrating on introducing improved anemometers with advanced features which can sustain in any atmospheric condition. Also, there is an increase in collaborations and alliances in manufacturers and related industries.

Increase in Wind Energy Projects Fuelling Demand for Anemometer

An essential demand for advanced instruments for quality monitoring, velocity, and air pressure is fuelling the applications of anemometers around the globe. Tracking air pressure, air pollution, and weather conditions are some of the significant applications of anemometers that are driving the anemometer market globally. Due to the increase in the air pollution globally, the use of quality air monitoring is recommended by the Wind Energy Association. Due to the rising concerns about air pollution, there is an increase in government investments into air purification, which is driving the anemometer market. Also, the increase in wind energy generation projects is also driving the anemometer market. These are some significant applications that are driving the anemometer market.

The Handheld anemometers quickly determines the velocity and the pressure of the air. Attributing to the strict guideline related to magnitude determination, it is difficult for vendors to remain in the competition, is ultimately driving the growth of the anemometers market across the globe.

Fluctuating Humidity and Temperature Affects Readings Taken by Anemometer

The major factor hindering the growth of the anemometer market is their complex design. Along with that, the cost associated with an anemometer is quite high due to the complexity in design. The relative humidity and surrounding atmosphere can also affect the readings of an anemometer which ultimately results in inaccurate readings.

Anemometer Market: Segmentation

The market can be segmented on the basis of equipment type, application, by end use and by modularity

Segmentation on the basis of equipment type:

• Pressure Anemometer
  • Tube Anemometer
  • Plate Anemometer
• Velocity Anemometer
  • Cup Anemometer
  • Hot-Wire Anemometer
  • Vane Anemometer

Segmentation on the basis of application:

• Onshore
• Offshore

Segmentation on the basis of industries/end use:

• Weather Station
• Aerospace Engineering
• Wind Generation Station
• Mining Industries
• Construction Field
• Agriculture
• Aviation
• Oil & Gas Industries
• Marine

Segmentation on the basis of modularity:

• Stationary
• Portable

Anemometer Market: Competition Landscape

Key Players: Prominent players in the anemometer market are Siemens AG, Kusam - Meco, Fortive Corporation, OMEGA Engineering, Thermo Fisher Scientific Inc., CEM Corporation, Teledyne Technologies Inc., Horiba Ltd., Servomex, Vaisala, PCE Holding GmbH, and Aeroqual.  

The manufacturers operating in the anemometer market are focused on launching products for specific applications such as measurement of velocity and magnitude of air. Also, they are investing on the development of easy-to-use equipment that requires operators with limited technical training.

Anemometer Market: Regional Overview

In North America, the U.S. and Canada are projected to capture a high share in the anemometer market in terms of revenue. The U.K., France, and Germany are expected to witness high growth in the global anemometer market, due to the increasing government investments in R&D. The anemometer market in the Asia Pacific is also expected to grow at a moderate CAGR, owing to the various initiatives taken by governments towards research activities in the fields of science and related industries.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved
• Technology
• Value Chain
• Market Drivers And Restraints

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Report Highlights: 

• Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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