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Research analysis on the global wind anemometers market identifies that the rise in wind energy consumption will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 6% by 2021. Countries are gradually increasing their focus towards renewable sources of energy for the production of power due to the reducing conventional sources of energy and rising greenhouse gas emissions. Wind power is considered as the effective source of power generation among all renewable energy sources. Based on the reports of Global Wind Energy Council (GWEC), China and the US are the leading countries in terms of installed wind power capacity. Moreover, the rising awareness about the advantages of wind energy is driving the demand for wind energy, which will lead to more wind turbine installations both in onshore and offshore areas. Wind anemometers are basic instruments that are needed for measuring wind speeds at wind farm sites. The increased number of wind energy generation projects in the pipeline during the forecast period will drive the growth of the global wind anemometers market in the forthcoming years.
The rise in the offshore installations is one of the key trends that will contribute to the growth of this market in the forthcoming years. Offshore wind energy plants are presently seen in small numbers across the world. However, countries worldwide are investing in installing more offshore wind energy farms. The anticipated offshore capacity in Europe is likely to reach 23.5 GW by 2020. Moreover, countries such as the US, Japan, China, South Korea, and India are also projected to start new projects in the offshore segment. The increase in the number of offshore installations worldwide will drive the global wind anemometers market in the future.
The wind anemometer market is a highly competitive with major vendors competing based on price, quality, and market presence. The market also consists of international and regional vendors. In developing countries, regional vendors hold the maximum market share. This raises the level of competition among these vendors. The competitive environment in the global wind anemometers market differs between onshore and offshore installations.
The leading vendors in the market are -
The other prominent vendors in the market are Aanderaa (a Xylem brand), Biral, Campbell Scientific, CruzPro, DEIF, Delta Ohm Benelux, FERNSTEUERGERÄTE Kurt Oelsch, IED Electronics, LCJ Capteurs, Maretron, NRG Systems, PCE Deutschland, Siap+Micros, and Vaisala.
During 2016, the onshore application segment accounted for the major shares of the wind anemometers market. Factors such as the extension of new policy measures, lowering of feed-in tariffs (FiTs), and entry of new players in the market will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the wind anemometers market throughout the forecast period. The growth of the market in APAC will be propelled by the increased need for power for developing electrification infrastructure, providing power to the manufacturing base, and the enhanced focus towards renewable energy.
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Our market research reports for the energy industry follow a substantial data collection methodology and offer an analysis of quick-growing market segments like power. This upcoming industry research report on the global wind anemometers market offers insights into the key trends and emerging drivers influencing the growth of the power industry.
This upcoming market research report on the global wind anemometers market covers vendors like Siemens, Gill Instruments, Ammonit Measurement, and FT Technologies. Additionally, by considering the market forecast and size, and the surging demand for various power products, the market research professionals at Technavio, present a clear picture of the global wind anemometers market for the projected period of 2017 to 2021. Additionally, our research practices help clients develop effective growth strategies and keep pace with the constantly changing market landscape by analyzing the market drivers, challenges, and trends in the market. This market study also offers a complete analysis based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders.
As per our market research experts, growth in the wind energy industry, which is strongly influenced by the rising environmental concern across the globe, growing power demand, favorable government support, and the increasing need to reduce fossil fuel dependency may influence the demand for wind anemometers in the coming years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global wind anemometers market also covers geographies like the Europe, North America, APAC, and EMEA.
The upcoming industry research report for global wind anemometers market also categorizes the key drivers, major trends, as well as the restraints that the power sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the energy industry. Technavio also provides deep-dive market assessments into the sectors such as oil and gas and energy storage.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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