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Anemometer Market is Set to Grow High in Years to Come | Ammonit Measurement, FT Technologies, Gill Instruments, Lufft

United States/New Jersey: The global Anemometer market is projected to reach over US$ 561.85 million by 2025, exhibiting a CAGR of 5.79% over the forecast period

Anemometer measures wind speed. This instrument is used for many applications in the physical sciences and aerospace industry, including aircraft performance analysis, aircraft wind detection, tracking wind direction, tracking tropical storms, ice control, snow forecasting, and wind sensor applications for science and engineering research. Speed and acceleration readings are displayed as a percentage of wind speed at various elevations in a wind tunnel. The data are returned in a format that can be understood and interpreted by computer programs.

This study contains data on the industry's market growth as well as major segmentation factors that assist the worldwide Anemometer Market thrive in the modern day. The study also highlight the significance of the worldwide Anemometer Market's geographical categorization. The global Anemometer Market will eventually generate more revenue and will have a larger market size than the previous projection period due to increased demand.

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Major Key players in this Market:

Ammonit Measurement, FT Technologies, Gill Instruments, Lufft, Siemens and others.

Key Market Drivers:

Launch of sonic anemometers is expected to propel growth of the global anemometer market over the forecast period. For instance, in August 2021, Anemoment LLC launched TriSonica Sphere Wind Flux Sensor, a 3D sonic anemometer.

Moreover, increasing adoption of anemometers is also expected to propel growth of the global anemometer market over the forecast period. For instance, in November 2020, Chennai Metro Rail, India, installed anemometers at strategic locations such as the CMRL headquarters building in Koyambedu and Alandur Metro Station to measure wind speed and give updates on a regular basis.

Covid-19 Impact Analysis

The Covid-19 pandemic has adversely impacted all countries around the world. Emerging economies with a majority of world population has been affected by the COVID-19 pandemic in an unprecedented way. The pandemic has adversely impacted the efforts towards sustainable development goals. Governments may focus on investing in renewable energy to reach these goals. This in turn may offer lucrative growth opportunities for players in the anemometer market.

Regional Classification

The primary regions covered in the study report include North America, Europe, Asia Pacific, Central and South America, as well as the Middle East and Africa. The specialists who worked on this area of the study looked at a variety of industries that are driving development and might give manufacturers with profitable expansion prospects in the future years. The study also contains sales and revenue prediction data by region and nation for the years 2021-2027.

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Key Takeaways

The anemometer market is expected to exhibit a CAGR of 79% over the forecast period, owing to integration of anemometer with SCADA equipment. For instance, in August 2019, Anemoment LLC announced the integration of the TriSonica Mini Wind and Weather Sensor with FlexSCADA (a subsidiary of Com Com Services)’s Flex Q-Series off-grid SCADA equipment.
Among regions, Europe is expected to witness significant growth in the anemometer market, owing to increasing adoption of wind energy in the region. For instance, according to the U.K.’s Department for Business, Energy and Industrial Strategy, wind generated 30% of the UK’s power in the first quarter of 2020, more than the previous record of 22.3% set in the fourth quarter of 2019, with 15.2% coming from offshore capacity and 14.7% from onshore.

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