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Anemometer Market is Growing Exponentially in Order to Gain More Demand by 2025

08-17-2018 05:02 PM CET | IT, New Media & Software

Press release from: CMI - Smart Technologies

Anemometer Market

Anemometer Market

Anemometer is a device comprising wind direction and wind speed sensors, mainly used for wind speed measurement. These instruments help detect changes in physical property and velocity of air. The global anemometer market is projected to reach US$ 561.85 million by 2025, exhibiting a CAGR of 5.79% over the forecast period. The anemometer market is mainly driven by increasing consumption of wind energy and supportive regulatory policies for wind energy projects.

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Moreover, increasing demand for advanced instruments for air pressure, velocity and quality monitoring is fueling the growth for anemometers globally. Tracking weather conditions, air pollution and air pressure are some major applications of anemometer that are driving the growth of the market globally. The air pollution is increasing globally that is increasing the use of air quality monitoring equipment to restrict any kind of airborne disease. For that reason many Government organizations are concentrating on air quality monitoring products that is further boosting the anemometer market growth.

The increasing number of wind energy generation projects in the pipeline during the forecast period would drive growth of the global anemometers market. According to the American Wind Energy Association in U.S. current pipeline of wind energy projects under construction or in advanced development as of the end of the third quarter reached 29,634 MW, a 27% year-over-year growth and on track to provide 10% of the electricity demands in the U.S. by 2020, alongside US$ 85 billion in economic activity.

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Key Vendors of Anemometer Market: Ammonit Measurement, FT Technologies, Gill Instruments, Lufft, Siemens and others.

Detail Anemometer Market Segmentation:

Global Anemometer Market, By Product Type:

Velocity Anemometer -

Vane Anemometers ,
Hot-Wire Anemometers
Cup Anemometers
Laser Doppler Anemometers
Ultrasonic Anemometers
Others

Pressure Anemometer -

plate anemometers
tube anemometers
Others

Global Anemometer Market, By Technology Type:

LIDAR
SODAR

Global Anemometer Market, By Application:

Onshore
Offshore

Global Anemometer Market, By End-Use Industry:

Agriculture
Aviation
Oil & Gas
Marine
Transport & Logistics
Renewables
Others

Global Anemometer Market, By Geography:

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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