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North America Wind Anemometer Market Sets the Table for Continued Growth

08-12-2024 07:12 PM CET | Media & Telecommunications

Press release from: Business Market Insights

North America Wind Anemometer Market Sets the Table for Continued Growth

North America Wind Anemometer Market Sets the Table for Continued Growth

The North America wind anemometer market was valued at US$ 59.65 million in 2022 and is expected to reach US$ 102.06 million by 2030; it is estimated to grow at a CAGR of 6.9% from 2022 to 2030.

Development of Offshore Wind Farms Drive North America Wind Anemometer Market

Offshore wind power is one of the fast-growing solutions to the world's need for clean and renewable energy. Wind farm technology is advancing rapidly, with increasing attention paid to offshore wind farms placed in deep waters and away from the shore than traditional wind farms. In addition, offshore wind farms have a significantly smaller environmental footprint than fossil fuel plants and deliver no greenhouse gas emissions.

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They also offer an environment for marine life, with the platforms operating as artificial reefs that attract fish and other aquatic species. Before constructing offshore wind farms, developers must assess the potential locations' wind conditions. Wind anemometers are essential for accurately measuring wind speed, direction, and other environmental factors at sea, helping identify suitable and optimal locations for offshore wind turbines. This drives the demand for specialized offshore anemometer systems. Also, detailed wind resource assessments are essential to determine the energy production potential of an offshore wind farm. Wind anemometers provide the data needed to estimate the energy output, helping developers make informed investment decisions and secure financing for these large-scale projects.

MARKET INTRODUCTION

The wind anemometer market in North America is segmented into the US, Canada, and Mexico. Wind sensors are widely used in autonomous aircraft vehicles to sense weather changes and perform safer take-offs and landings. With the increase in the adoption of autonomous aircraft vehicles, the demand for wind anemometer is increasing. By knowing the application of wind anemometers, various engineers across the globe are developing wind anemometers for application in autonomous aircraft. For instance, according to the Engineers in August 2022, the engineers developed a wind sensor for autonomous aircraft and drones that is low-energy, low-drag, lightweight, and more sensitive to changes in pressure compared to conventional types. The wind anemometer is widely used in wind turbine projects to monitor wind direction and speed. Across North America, wind turbines play a significant role in producing clean energy. Several entities, such as the United States Wind Turbine Database (USWTDB), provide the locations of land-based and offshore wind turbines in the US. According to the United States Geological Survey, 72,731 turbines cover 43 states (plus Guam and PR). As of the fourth quarter of 2022, the most recent turbines were added to the USWTDB. Further, various market players across North America provide wind anemometer, including R. M. Young and Campbell Scientific, Inc. The presence of such players in North America contributes to the wind anemometer market growth.
List of Companies Profiled in the North America Wind Anemometer Market Report are:
• Vaisala Oyj
• R M Young Co
• Campbell Scientific In
• OTT HydroMet Fellbach GmbH

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Key Segmentation:

The North America wind anemometer market is segmented based on measuring type, anemometers type, applications, and country.

Based on measuring type, the North America wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held a larger share in 2022.

Based on anemometers type, the North America wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share in 2022.

In terms of applications, the North America wind anemometer market is bifurcated into onshore and offshore. The onshore segment held a larger share in 2022.

Based on country, the North America wind anemometer market is categorized into the US, Canada, and Mexico. The US held dominated the North America wind anemometer market in 2022.

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Ankit Mathur
Email: sales@businessmarketinsights.com
Phone: +16467917070

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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