Asia Pacific Doppler Wind Lidar System Market Growth and Forecast by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028Asia Pacific Doppler Wind Lidar System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Compact Doppler Wind Lidar and Large Doppler Wind Lidar), Installation Type (Ground-Based and Airborne), and Application (Air Traffic Safety Monitoring, Wind Power Measurement, and Weather and Climate)
- Report Date : Oct 2021
- Report Code : TIPRE00025115
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 72
The doppler wind lidar system market in APAC is expected to grow from US$ 127.15 million in 2021 to US$ 245.02 million by 2028; it is estimated to grow at a CAGR of 9.8% from 2021 to 2028.
China, India, Japan, and South Korea are major economies in APAC. Strategic initiatives by major players is the major factor driving the growth of the APAC doppler wind lidar system market. A few major players operating in the global doppler wind lidar system market is Everise Technology Ltd., Mitsubishi Electric Corporation, NRG Systems, HALO Photonics, and GWU-Group. These companies adopt both organic and inorganic growth strategies, such as high investments, product offerings, and global expansion. A few key developments are mentioned; in April 2019, Mitsubishi Electric Corporation received a contract from Romanian Air Traffic Services Administration (ROMATSA) to supply a terminal Doppler lidar system to use at Henri Coandă International Airport in Bucharest. In June 2021, Vaisala announced the launch of its new WindCube Scan Dual Lidar to streamline and amplify offshore wind assessment campaigns. The company stated that the system will enable offshore wind project developers and operators to reduce multiple sources of uncertainty and gain a comprehensive picture of wind resource profiles by observing an offshore location from several positions. Thus, constant initiatives undertaken by the major companies operating in the APAC doppler wind lidar system market are expected to propel the growth of the Asia Pacific Doppler Wind Lidar System market in the coming years, which is further anticipated to drive the market in APAC.APAC is characterized by many developing countries, a positive economic outlook, high residential and industrial presence, huge population, and rising disposable income. All these factors make it a major growth driving region for various markets, such as doppler wind lidar system market. The lockdown of most of the factories in China adversely affected the global supply chain and negatively impacted the development and delivery schedule of various products and services. As the factories in China are beginning to reopen, businesses have reduced or hit pause on their operations. The region comprises several developing countries, which consist of a large number of manufacturing facilities. The temporary closure of all economic activities announced by the respective government bodies has led to the decline in demand for advanced technological solutions across the industries thereby negatively impacting the growth of the doppler wind lidar system market. Moreover, the travel restriction imposed across the nations disrupted the supply chain of manufacturing components and final products from major economies, such as India and China. These factors have negatively impacted the market amid the COVID-19 outbreak.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
APAC Doppler Wind Lidar System Market Segmentation
APAC Doppler Wind Lidar System Market – By Type
- Compact Doppler LiDAR
- Large Doppler LiDAR System
APAC Doppler Wind Lidar System Market – By Installation Type
- Ground Based
- Airborne
APAC Doppler Wind Lidar System Market – By Application
- Air Traffic Safety Monitoring
- Wind Power Measurement
- Weather and Climate
APAC Doppler Wind Lidar System Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Doppler Wind Lidar System Market-Companies Mentioned
- Deutsche WindGuard GmbH
- Everise Technology Ltd.
- Mitsubishi Electric Corporation
- Vaisala
- Windar Photonics A/S
Asia Pacific Doppler Wind Lidar System Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 127.15 Million |
| Market Size by 2028 | US$ 245.02 Million |
| Global CAGR (2021 - 2028) | 9.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Deutsche WindGuard GmbH
- Everise Technology Ltd.
- Mitsubishi Electric Corporation
- Vaisala
- Windar Photonics A/S
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