Anemometer Market | Global Forecast to 2025 | With Leading Companies like Ammonit Measurement, FT Technologies, Gill Instruments, Lufft, Siemens, Delta Ohm Benelux, IED Electronics, LCJ Capteurs, Maretron, NRG Systems, PCE Deutschland and Vaisala.

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 the 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.

Key companies covered as a part of this study include Ammonit Measurement, FT Technologies, Gill Instruments, Lufft, Siemens, Delta Ohm Benelux, IED Electronics, LCJ Capteurs, Maretron, NRG Systems, PCE Deutschland and Vaisala.

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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.

North America accounted for largest market share in anemometer market, in 2016, followed by Europe and Asia Pacific respectively. According to GWEC, total wind power installed capacity in North America was 97,611 MW, in 2016. The U.S. is the leading market for anemometer in North America, accounting for 82,184 MW wind power installed in 2016, followed by Canada and Mexico respectively.

The US is the second largest market in terms of total installed capacity after China. At the end of 2016, American wind installations capacity totaled over 82 GW, which was enough to power 24 million American households. In Canada 702 MW of new wind capacity came online, making it the tenth largest annual market. Between 2012 and 2016, Canada’s installed wind energy capacity has grown by an average of 18 percent annually.

China is the leading market for anemometer in Asia Pacific, due to its China is the global wind power leader, adding 33 GW of new capacity, followed by Japan, South Korea, Taiwan and India respectively. The total wind power installed capacity in China was 168,732 MW, in 2016. According to BNEF, Asia-Pacific and China alone accounted for almost 47% of the total global investments in clean energy during 2016.

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