Anemometer Market size|trends|analysis|insights|forecast to 2026
The global anemometer market was worth USD XX billion in 2018 and is forecast to reach USD XX billion by 2026, growing at a CAGR of XX% during the forecast period (2019-2026).
(EMAILWIRE.COM, October 29, 2019 ) Market Overview
An anemometer measures and provides an indication of airspeed. Measurement of air velocity is a vital parameter for meteorologists, long-range shooters, wind tunnel tests, and for several industrial applications.
Market Dynamics
Increasing demand for advanced instruments for air pressure, velocity, and quality monitoring is propelling market growth. Further, the increase in wind energy generation projects in China is also driving the anemometer market.
New product launches and product portfolio expansion would propel market growth.
For instance, on July 5, 2018, Fluke Corporation introduced a set of four new tools as part of its environmental products range, which includes lux level meters, sound level meters, anemometers meters and contact, and non-contact tachometers.
However, high manufacturing cost and sophisticated design are the major factors hindering the growth of the anemometer market.
Market Segmentation
By end user, the global anemometer market is segmented into agriculture, aviation, oil & gas, wind generation station, marine, transport & logistics, others. Wind generation station dominates the market owing to the increasing number of wind energy generation projects.
Denmark, Germany, Spain, India and the US are the worlds largest concentrated areas for the wind power manufacturing industry. In particular, Europes production capacity of wind power equipment manufacturing has exceeded 50 % of the world, making Europe become the major wind power equipment export area in the world.
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Geographical Analysis
Geographically, the Global Anemometer Market is segmented into North America, South America, Europe, Asia Pacific, and RoW. North America dominates the market in terms of revenue.
In North America, the US is leading the market for anemometer, followed by Canada and Mexico. The companies are more focused on the product launch as part of their business strategy to consolidate market position. For instance, in
June 2016, Etesian Technologies introduced its wireless anemometer sensor which is designed to address the safety needs of applications including industrial cranes, aerial work platforms, and event staging.
Competitive Trends
Major industry participants in the anemometer market include Ammonit Measurement GmbHGill Instruments, FT Technologies, Siemens AG, Lufft, Schiltknecht Messtechnik AG, PCE Instruments, NRG Systems, Davis Instruments, and IED Electronics.
The companies are more focused on the product launch as part of their business strategy to consolidate market position. For instance, in November 2017, Thies Clima has introduced a new model of its first class anemometer.
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About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
An anemometer measures and provides an indication of airspeed. Measurement of air velocity is a vital parameter for meteorologists, long-range shooters, wind tunnel tests, and for several industrial applications.
Market Dynamics
Increasing demand for advanced instruments for air pressure, velocity, and quality monitoring is propelling market growth. Further, the increase in wind energy generation projects in China is also driving the anemometer market.
New product launches and product portfolio expansion would propel market growth.
For instance, on July 5, 2018, Fluke Corporation introduced a set of four new tools as part of its environmental products range, which includes lux level meters, sound level meters, anemometers meters and contact, and non-contact tachometers.
However, high manufacturing cost and sophisticated design are the major factors hindering the growth of the anemometer market.
Market Segmentation
By end user, the global anemometer market is segmented into agriculture, aviation, oil & gas, wind generation station, marine, transport & logistics, others. Wind generation station dominates the market owing to the increasing number of wind energy generation projects.
Denmark, Germany, Spain, India and the US are the worlds largest concentrated areas for the wind power manufacturing industry. In particular, Europes production capacity of wind power equipment manufacturing has exceeded 50 % of the world, making Europe become the major wind power equipment export area in the world.
Download free sample: https://www.datamintelligence.com/doenload-sample/anemometer-market
Geographical Analysis
Geographically, the Global Anemometer Market is segmented into North America, South America, Europe, Asia Pacific, and RoW. North America dominates the market in terms of revenue.
In North America, the US is leading the market for anemometer, followed by Canada and Mexico. The companies are more focused on the product launch as part of their business strategy to consolidate market position. For instance, in
June 2016, Etesian Technologies introduced its wireless anemometer sensor which is designed to address the safety needs of applications including industrial cranes, aerial work platforms, and event staging.
Competitive Trends
Major industry participants in the anemometer market include Ammonit Measurement GmbHGill Instruments, FT Technologies, Siemens AG, Lufft, Schiltknecht Messtechnik AG, PCE Instruments, NRG Systems, Davis Instruments, and IED Electronics.
The companies are more focused on the product launch as part of their business strategy to consolidate market position. For instance, in November 2017, Thies Clima has introduced a new model of its first class anemometer.
Request for Discount: https://www.datamintelligence.com/enquiry/anemometer-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results