Wind Anemometers Market Growth & Analysis Report | 2022-2030

Wind Anemometers Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Measuring Type (Velocity Anemometers and Pressure Anemometers), Anemometers Type (Mechanical, Ultrasonic, and Others), and Application (Onshore and Offshore)

  • Report Code : TIPRE00015336
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 159
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Wind Anemometers Market Growth & Analysis Report | 2022-2030

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[Research Report] The wind anemometers market size was valued at US$ 164.31 million in 2022 and is expected to reach US$ 273.32 million by 2030. The wind anemometers market is expected to record a CAGR of 6.6% from 2022 to 2030.

Analyst Perspective:

Anemometers are widely used at all weather stations, ranging from the frigid Arctic to humid equatorial areas. The wind's speed helps indicate a change in weather patterns, for instance, approaching storms. It is significant for climatologists, engineers, and pilots. Several companies operating in the wind anemometers market are launching new devices to measure wind. For instance, in June 2023, UK-based sensor manufacturer Gill Instruments launched a new dual-axis ultrasonic anemometer (Windultra) for measuring wind direction and speed. It is designed for use in various marine or land applications. WindUltra's rapid installation and alignment features include a choice of two-pole mounts, either a twist-lock 1 in (25–26 mm) pole mount or 1.75-2 in (44–51 mm) band-clamp pole mount.

Wind Anemometers Market Overview:

A wind anemometer measures the speed of the wind and its pressure. To study weather patterns, these instruments are essential tools for meteorologists. These devices are used by physicists while studying the movements of air. Different manufacturing companies worldwide offer various anemometer instruments in industries such as HVAC, marine, wind power, construction, and aerospace. Additionally, for air velocity or wind, different types of anemometers are used for multi-functionality, including temperature and humidity. Based on type, these also possess data recording or logging functionality to take long-term dimensions in a certain period. There are several benefits of wind anemometer, such as high precision and low power utilization. Using only a single device, the user can measure multiple parameters such as speed, velocity, direction, and pressure of the wind.

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Wind Anemometers Market: Strategic Insights

Wind Anemometers Market

  • CAGR (2022 - 2030)
    6.6%
  • Market Size 2022
    US$ 164.31 Million
  • Market Size 2030
    US$ 273.32 Million

Market Dynamics

GROWTH DRIVERS
  • Growing Demand For Renewable Energy Sources
  • Growing Awareness of Climate Change
FUTURE TRENDS
  • Development Of Offshore Wind Farms
OPPORTUNITIES
  • Development Of Advanced And Innovative Wind Anemometers
  • Increase in Use Of Wind Anemometers In Aviation And Weather Monitoring Applications

Key Players

  • LSI LASTEM Srl
  • Vaisala Oyj
  • R M Young Co
  • Gill Instruments Ltd
  • Adolf Thies GmbH & Co KG
  • Theta Instruments Co Ltd
  • Lambrecht meteo GmbH
  • METEK Meteorologische Messtechnik GmbH
  • Bristol Industrial & Research Associates Ltd

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Measuring Type
  • Velocity Anemometers and Pressure Anemometers
Anemometers Type
  • Mechanical
  • Ultrasonic
  • Others
Application
  • Onshore and Offshore
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Wind Anemometers Market Driver:

Growing Demand for Renewable Energy Sources Drives Wind Anemometers Market Growth

The growth of renewable energy sources, particularly wind power, substantially impacts the wind anemometers market. According to the International Energy Agency (IEA), in 2022, renewable energy supply from wind, solar, hydro, geothermal, and ocean increased by close to 8%, and the share of these technologies in the total global energy supply increased by approximately 0.4%, reaching 5.5%. Also, the amount of electricity generated by wind increased by 265 TWh (an increase of 14%), the second-largest growth of all power generation technologies. Wind remained the leading renewable technology, generating over 2100 TWh in 2022.

Governments of various countries are taking initiatives to increase wind farms, including wind power. For instance, in May 2023, ITOCHU Corporation announced that ITOCHU and Hitachi Zosen Corporation have begun preparations for the development and operation of an onshore wind farm in an area facing the Pacific Ocean in Rokkasho Village, Kamikita District, Aomori Prefecture and by following the incorporation of Mutsu Ogawara Wind Power LLC, it produces the electricity. The design and construction of this onshore wind farm project is aimed to start in April 2026. Similarly, in June 2023, the world's biggest floating wind farm was launched off the west coast of Norway. Equinor, with 88 megawatts (MW) of capacity, will generate energy to supply nearby oil and gas platforms. Wind turbines have very advanced features to maintain efficiency and safety. The wind anemometer constantly measures wind speed and transfers the data to the wind turbine's controller, which controls the rotor at a safe speed. Wind anemometers are essential instruments used in the wind energy industry. Hence, the growing renewable energy sources will further propel the wind anemometers market growth.

Wind Anemometers Market Segmental Analysis:

Based on anemometers type, the wind anemometers market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share of the wind anemometers market in 2022. The ultrasonic segment is expected to register the highest CAGR in the wind anemometer market. A mechanical anemometer contains a wheel with a propeller or cups at the end of the wheel's spokes. One of the cups contains a magnet; each time the magnet passes a switch, it makes a recording. The recording by the mechanical anemometer gives an extremely accurate reading of the wind speed. Types of mechanical anemometers are cup anemometers, vane anemometers, and others. A cup anemometer consists of four hemispherical cups attached to one end of the horizontal arms at equal angles on a vertical shaft. The positioning of the cups is such that the air passes through them in the horizontal direction, making the cup's rotation proportional to the speed of the wind. Several schools across various countries are mounting the instruments for weather stations designed as per standards fixed by the India Meteorological Department (IMD).

Wind Anemometers Market Regional Analysis:

The North America wind anemometers market size was valued at US$ 59.65 million in 2022 and is projected to reach US$ 102.06 million by 2030; it is expected to register a CAGR of 6.9% from 2022 to 2030. The North America wind anemometers market is segmented into the US, Canada, and Mexico. The US held the largest share of the wind anemometers market in North America in 2022. The renewable sources of energy in the US are increasing significantly. According to the Regents of the University of Michigan, the US wind industry installed 13,413 megawatts (MW) of new wind capacity in 2021, carrying the cumulative total to 135,886 MW. This is the second-highest wind capacity installed in one year, representing US$ 20 billion of investment. Wind provides more than 9% of electricity nationwide, over 50% in South Dakota and Iowa, and over 30% in Oklahoma, Kansas, and North Dakota. In 2022, renewable energy sources reported ~13.1% of US primary energy consumption. Renewable energy sources accounted for approximately 21.5% of total utility-scale electricity generation. Wind anemometers are widely used to measure wind speed and transmit wind speed data to the controller. Hence, with the growing renewable energy sources, the demand for wind anemometers is increasing significantly in the country.

Wind Anemometers Market Key Player Analysis:

LSI LASTEM Srl, Campbell Scientific Inc, Vaisala Oyj, R M Young Co, OTT HydroMet Fellbach GmbH, Gill Instruments Ltd, Adolf Thies GmbH & Co KG, Theta Instruments Co Ltd, Lambrecht meteo GmbH, Bristol Industrial & Research Associates Ltd, and METEK Meteorologische Messtechnik GmbH are among the key players operating in the wind anemometers market.

Wind Anemometers Market Report Scope

Report Attribute Details
Market size in 2022 US$ 164.31 Million
Market Size by 2030 US$ 273.32 Million
Global CAGR (2022 - 2030) 6.6%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Measuring Type
  • Velocity Anemometers and Pressure Anemometers
By Anemometers Type
  • Mechanical
  • Ultrasonic
  • Others
By Application
  • Onshore and Offshore
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • LSI LASTEM Srl
  • Vaisala Oyj
  • R M Young Co
  • Gill Instruments Ltd
  • Adolf Thies GmbH & Co KG
  • Theta Instruments Co Ltd
  • Lambrecht meteo GmbH
  • METEK Meteorologische Messtechnik GmbH
  • Bristol Industrial & Research Associates Ltd
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Recent Developments: 

    Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the wind anemometers market. A few recent key wind anemometers market developments are listed below:

    • In 2023, Gill Instruments Ltd introduced WindUltra, a 2-axis anemometer. The product offers high performance combined with toughness, compact design, and rapid installation and alignment features while still delivering the high-accuracy ultrasonic wind speed and direction sensing that Gill is renowned for.
    • In 2022, METEK acquired business areas of Theodor Friedrichs GmbH & Co. The products of Theodor Friedrichs GmbH & Co. include conventional sensor technology, the widely used data logger type Combilog, and a variety of test chambers.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Measuring Type, Anemometers Type, and Application

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the estimated global market size for the global wind anemometer market in 2022?

    The global wind anemometer market was estimated to be valued at US$ 164.31 million in 2022 and is projected to reach US$ 273.32 million by 2030 it is expected to grow at a CAGR of 6.6% during 2022–2030.

    What will be the global wind anemometer market size by 2030?

    The global wind anemometer market is expected to reach US$ 273.32 million by 2030.

    Which key players hold the major market share of the global wind anemometer market?

    The key players holding majority shares in the global wind anemometer market include Enercorp Instruments, FT Technologies, Gill Instruments Limited, Vaisala and METEK Meteorologische Messtechnik GmbH.

    Which regions are registering a high growth rate during the forecast period?

    The country anticipated to grow with the highest CAGR are North America and Europe.

    What are the future trends of the global wind anemometer market?

    Development of offshore wind farms is expected to drive the growth of the global wind anemometer market in the coming years.

    What are the driving factors impacting the global wind anemometer market?

    Growing demand for renewable energy sources and growing awareness of climate change are the driving factor for the global wind anemometer market

    Which is the fastest-growing region market?

    APAC is anticipated to grow with the highest CAGR over the forecast period.

    The List of Companies - Wind Anemometers Market

    1. LSI LASTEM Srl
    2. Vaisala Oyj
    3. R M Young Co
    4. Gill Instruments Ltd
    5. Adolf Thies GmbH & Co KG
    6. Theta Instruments Co Ltd
    7. Lambrecht meteo GmbH
    8. METEK Meteorologische Messtechnik GmbH
    9. Bristol Industrial & Research Associates Ltd
    10. Campbell Scientific Inc
    11. OTT HydroMet Fellbach GmbH

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