The Global Anemometer Market Growth Accelerated By Rising Focus On Environment Monitoring Applications

 

Anemometers are devices used to measure wind speed and direction. They offer a variety of advantages such as precise measuring capabilities, integrated data loggers, ease of operation, and resistance to harsh weather conditions. They are vital instruments for weather monitoring, aviation, meteorology research, and environmental impact studies. The global Anemometer Market is estimated to be valued at US$ 41.5 Billion in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growing focus on environment monitoring applications is accelerating the demand for anemometers across the world. With rising concerns over climate change, there is increased emphasis on assessing its impacts through extensive monitoring projects. Anemometers facilitate accurate wind measurement for applications like monitoring pollutant dispersion, evaluating wind farm sites, studying natural ventilation in urban areas, and analyzing hurricane and tornado activities. For instance, anemometers have become essential gear for monitoring networks established by environmental agencies to assess air quality and pollution levels. They help gather wind data critical to identifying sources and spread of airborne contaminants. Rising government focus on climate action through extensive monitoring projects will continue driving the need for anemometers in the coming years.

Segment Analysis
The global anemometer market is dominated by the mechanical segment owing to its widespread application and cost effectiveness in measuring lower wind speeds. Mechanical anemometers provide accurate wind speed measurement for applications including weather stations, airports, renewable energy farms, and meteorological organizations. The cup anemometer sub-segment accounts for the major share as they are very practical, reliable, and easy to install and maintain.

Key Takeaways
The Global Anemometer Market Size is expected to witness high growth during the forecast period of 2023 to 2030. Regional analysis shows that the market in Asia Pacific is growing at the fastest rate driven by increasing investments in renewable energy projects and expanding meteorological infrastructure in countries such as China, India, and Japan.

Regional analysis
The anemometer market in Asia Pacific is growing at the fastest rate of around 8% during the forecast period. China dominates the regional market accounting for over 30% share owing to strong government support for renewable energy development. Other major country markets in the region include India and Japan. India is witnessing increased investment in wind farms while Japan is working towards enhancing its meteorological monitoring network.

Key players
Key players operating in the anemometer market are OMEGA Engineering, Siemens AG, Servomex, Thermo Fisher Scientific Inc., Kusam – Meco, Aeroqual, Horiba Ltd., Fortive Corporation, PCE Holding GmbH, CEM Corporation, Vaisala, Teledyne Technologies Inc. OMEGA Engineering and Siemens AG hold the leading market positions as they offer a wide range of mechanical and sonic anemometers for diverse applications.

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