The Business Research Company’s report on the Anemometer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the anemometer market further?
The increasing adoption of wind energy is expected to propel the growth of the anemometer market going forward. The adoption of wind energy is on rise due to government policies, cost reductions, technological advancements, and the global push for carbon neutrality. The increasing adoption of wind energy is due to its sustainability, cost-effectiveness, technological advancements, and global efforts to reduce carbon emissions. An anemometer is crucial in wind energy as it measures wind speed and direction, helping assess potential wind farm locations, optimize turbine efficiency, and monitor real-time wind conditions for power generation. For instance, in April 2024, according to the Global Wind Energy Council, a Portugal-based international trade association for the wind power industry, in 2023, a record-high 117 GW of new wind power capacity was installed worldwide, marking a 50% increase compared to the previous year. The year recorded the highest number of new onshore wind installations, exceeding 100 GW, and the second-highest for offshore wind, with 11 GW. The global wind industry also surpassed the 1 TW milestone of installed capacity, with expectations to reach 2 TW by 2030. Therefore, the increasing adoption of wind energy is driving the growth of the anemometer market.
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What are the key factors influencing the forecasted market size of the anemometer industry?
The anemometer market size has grown strongly in recent years. It will grow from $36.44 billion in 2024 to $39.08 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growing emphasis on workplace safety, growing demand for wind energy blisters, increasing investment in renewable energy sources, rising marine sector, rising concern over climate change.
The anemometer market size is expected to see strong growth in the next few years. It will grow to $51.12 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rising oil and gas exploration activities, increasing frequency of extreme weather events, increasing construction activities, increasing adoption of wind energy, growing environmental awareness. Major trends in the forecast period include advanced sensor technologies, smart anemometer, digital anemometer, strategic collaboration, cutting edge wind measurement technologies.
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Who are the leading competitors in the anemometer market?
Major companies operating in the anemometer market are Thermo Fisher Scientific Inc., Saras Equipments, Teledyne FLIR LLC, Vaisala Corporation, SONIC Corporation, Omega Engineering Inc., Kanomax USA Inc., Lufft, FT Technologies, Gill Instruments Limited, ANEOS Corporation, E+E Elektronik Ges.m.b.H., Delta Ohm Benelux, Cole-Parmer Instrument Company LLC., PCE Instruments India Private Ltd., R. M. Young Company, Ammonit Measurement GmbH, IED Electronics, LCJ Capteurs, NRG Systems
Which emerging trends are set to transform the anemometer market landscape?
Major companies operating in the anemometer market are focusing on developing dual-axis ultrasonic anemometers, to enhance measurement accuracy, durability, and operational efficiency. A dual-axis ultrasonic anemometer refers to a wind measurement device that uses ultrasonic sensors to measure wind speed and direction along two perpendicular axes without moving parts. For instance, in July 2023, Gill Instruments Ltd., a UK-based sensor manufacturer, launched the WindUltra, a dual-axis ultrasonic anemometer designed for various marine and land applications. The WindUltra features rapid installation and alignment options, including a twist-lock 1-inch pole mount and a 1.75-2 inch band-clamp pole mount. Additionally, it offers high-precision wind measurement capabilities, making it suitable for diverse environmental conditions.
How do different geographies compare in terms of market share and growth potential in the anemometer market?
North America was the largest region in the anemometer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anemometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the anemometer market are experiencing the fastest growth?
The anemometer market covered in this report is segmented –
1) By Type: Vane Anemometer, Cup Anemometer, Hot-Wire Anemometer, Other Types
2) By Technology: Light Detection And Ranging (LIDAR), Sonic Detection And Ranging (SODAR)
3) By Measurement Type: Air Velocity Measurement, Wind Speed Measurement, Wind Pressure Measurement
4) By Application: Offshore, Onshore
5) By End-User Industry: Agriculture, Aviation, Oil And Gas Industries, Marine, Transport And Logistics, Other End-User Industries
Subsegments:
1) By Vane Anemometer: Digital Vane Anemometer, Analog Vane Anemometer, Handheld Vane Anemometer, Fixed Vane Anemometer
2) By Cup Anemometer: Three-Cup Anemometer, Four-Cup Anemometer, Wireless Cup Anemometer, Mechanical Cup Anemometer
3) By Hot-Wire Anemometer: Constant Temperature Hot-Wire Anemometer, Constant Current Hot-Wire Anemometer, Single Sensor Hot-Wire Anemometer, Multi-Sensor Hot-Wire Anemometer
4) By Other Types: Ultrasonic Anemometer, Laser Doppler Anemometer, Acoustic Resonance Anemometer, Pressure Tube Anemometer
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What defines the structure and scope of the anemometer market?
An anemometer is a device used to measure wind speed and direction, utilized in meteorology and environmental monitoring. It provides critical data for applications such as weather forecasting, aviation safety, and wind energy assessment. This device help to optimize performance in industries reliant on precise wind measurements by detecting air movement.
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