The global anemometer market is on track to reach a valuation of USD 77.9 billion by 2033, with a projected compound annual growth rate (CAGR) of 6.5% from 2023 to 2033. The market’s growth trajectory is fueled by the increasing demand for advanced instruments capable of monitoring wind quality, velocity, and air pressure.
According to Future Market Insights (FMI), anemometer sales are forecasted to reach USD 41.5 billion in 2023. One of the key drivers of this growth is the rising use of anemometers for tracking air pollution and weather conditions, making them indispensable tools for environmental monitoring.
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Anemometers, also known as wind speed sensors, play a critical role in measuring wind speed and direction. These devices are essential components of weather stations and are utilized to detect and analyze changes in fluid dynamics, whether in atmospheric winds or confined airflow within ducts.
The escalating levels of air pollution worldwide have heightened the demand for effective air quality monitoring equipment to combat airborne diseases. Governments across various countries are actively investing in the development of new air quality monitoring technologies, further propelling the growth of the global anemometer market.
However, it is important to note that anemometers can be susceptible to damage from strong winds, requiring careful installation and protection measures. Propeller anemometers, in particular, may face challenges in cold weather conditions, potentially impacting real-time weather observation tasks and long-term data collection efforts.
Regionally, North America is expected to maintain its position as a key market for anemometers, accounting for 43% of the market share in 2022. The region’s growth is driven by the increasing adoption of hot wire anemometers for gas and wind velocity measurements in the United States and Canada. Ongoing advancements in anemometer technology, including sensors for both wind speed and direction, are further fueling market expansion in the region.
As the global need for accurate environmental monitoring tools continues to rise, the anemometer market is poised for significant growth, offering valuable solutions for a wide range of applications.
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Market Competition
Some of the leading companies present in the global anemometer market include OMEGA Engineering, Siemens AG, Servomex, Thermo Fisher Scientific Inc., Kusam – Meco, Aeroqual, Horiba Ltd., Fortive Corporation, PCE Holding GmbH, CEM Corporation, Vaisala, and Teledyne Technologies Inc. among others.
- Scarlet Tech and Sato Shouji Inc., a notable Japanese firm with expertise in professional equipment, announced a strategic alliance to enter the Japanese industry with Scarlet’s wireless anemometer series in March 2022.
- LI-COR Environmental purchased Anemoment LLC in December 2022, a pioneering technological business noted for its compact and energy-efficient sonic anemometers. This strategic purchase not only provides LI-COR with fresh experience but also adds fundamental technology and product lines to its present portfolio.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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