The report on global anemometer analyses the market size, shares, recent trends, competitive intelligence, and future market outlook. Anemometer usage in air pressure is on the rise. Demand from agriculture, and aviation, in ‘The Asia Pacific’ is growing. The competitive rivalry intensifies with GmbHGill Instruments, FT Technologies, and others active in the market.
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Market Dynamics
Increasing demand for advanced instruments for air pressure, velocity, and quality monitoring is propelling the market growth. Further, the increase in wind energy generation projects in China is also driving the anemometer market.New product launches and product portfolio expansion would propel market growth.For instance, on July 5, 2018, Fluke Corporation introduced a set of four new tools as part of its environmental products range, which includes lux level meters, sound level meters, anemometers meters, contact, and non-contact tachometers.However, high manufacturing costs and sophisticated design are the major factors hindering the growth of the anemometer market.
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Segment Analysis
By end-user, the global anemometer market is segmented into agriculture, aviation, oil & gas, wind generation station, marine, transport & logistics, and others. Wind generation station dominates the market owing to the increasing number of wind energy generation projects.Denmark, Germany, Spain, India, and the US are the world’s largest wind power manufacturing industry concentrated areas. In particular, Europe’s production capacity of wind power equipment manufacturing has exceeded 50 % of the world, making Europe become the major wind power equipment export area in the world.
Competitive Landscape
Major industry participants in the anemometer market include Ammonit Measurement GmbHGill Instruments, FT Technologies, Siemens AG, Lufft, Schiltknecht Messtechnik AG, PCE Instruments, NRG Systems, Davis Instruments, and IED Electronics.
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