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 forAnemometer
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.
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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:
Segmentation on the basis of application:
Segmentation on the basis of industries/end use:
Wind Generation Station
Oil & Gas Industries
Segmentation on the basis of modularity:
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.
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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.