Asia Pacific Wind Anemometer Market Forecast to 2030
Asia Pacific Wind Anemometer Market Forecast to 2030 – Regional Analysis – By Measuring Type (Velocity Anemometers and Pressure Anemometers), Anemometers Type (Mechanical, Ultrasonic, and Others), and Application (Onshore and Offshore)
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Description
Growing Awareness of Climate Change Drive Asia Pacific Wind Anemometer Market
Many countries have set determined climate goals, including increasing renewable energy capacity and reducing greenhouse gas emissions. According to the UN Environment Programme, ~66% of electricity generation and 80% of global energy are generated from fossil fuels, contributing approximately 60% of the greenhouse gas (GHG) emissions accountable for climate change. A shift to cleaner forms of energy has already begun in many countries. Wind power is a clean and renewable energy source. To spin a generator and create electricity, wind turbines use mechanical power to control energy from the wind. Not only is wind an inexhaustible and abundant resource, but it also gives electricity without polluting the air or burning any fuel. Wind continues to be a substantial source of renewable power in Asia Pacific, which helps reduce reliance on fossil fuels. Governments of various countries are taking initiatives to reduce carbon emissions. Also, the wind anemometers are essential for assessing wind energy potential at specific locations, and to align with these, the demand for these devices is increasing. Hence, the growing awareness of climate change is bolstering the wind anemometer market growth.
Asia Pacific Wind Anemometer Market Overview
The wind anemometer market in Asia Pacific is segmented into Australia, India, China, Japan, South Korea, and the Rest of Asia Pacific. India and China emphasize self-reliant strategies, and both governments are incorporating several strategies to fulfill their energy needs. According to the Press Information Bureau, India has made great strides in generating wind energy over the years, and it now ranks fourth in wind power capacity globally. Wind energy is necessary for India’s efforts to have 50% of its electric power installed from nonfossil fuel-based energy resources by 2030 and achieve net zero by 2070. India has considerable potential for both onshore and offshore wind energy production. With government efforts, India developed a domestic wind manufacturing capacity of over 15 GW, making India Aatma Nirbhar. In another instance, according to the popular mechanism, China has shifted to the largest wind turbines. In July 2023, China Three Gorges Corporation announced the installation of the 16-megawatt MySE 16-260 turbine at the offshore wind farm near Fujian Province. The installed turbine behemoth is 152 meters (500 feet) tall, and each single blade is 123 meters (403 feet) and weighs 54 metric ton.
Asia Pacific Wind Anemometer Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Wind Anemometer Market Segmentation
The Asia Pacific wind anemometer market is segmented based on measuring type, anemometers type, applications, and country.
Based on measuring type, the Asia Pacific wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held a larger share in 2022.
Based on anemometers type, the Asia Pacific wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share in 2022.
In terms of applications, the Asia Pacific wind anemometer market is bifurcated into onshore and offshore. The onshore segment held a larger share in 2022.
Based on country, the Asia Pacific wind anemometer market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific wind anemometer market in 2022.
Vaisala Oyj, R M Young Co, Theta Instruments Co Ltd, Campbell Scientific Inc, and OTT HydroMet Fellbach GmbH are some of the leading companies operating in the Asia Pacific wind anemometer market.
Summary Info
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According to the Research Team’ research, the Asia Pacific wind anemometer market was valued at US$ 39.68 million in 2022 and is expected to reach US$ 72.04 million by 2030, registering a CAGR of 7.7% from 2022 to 2030.
Development of advanced and innovative wind anemometers and increasing in use of wind anemometers in aviation and weather monitoring applications are among the critical factors attributed to the Asia Pacific wind anemometer market expansion.
Advanced anemometers offer higher levels of accuracy in measuring wind speed and direction, which is essential for various applications, including wind energy generation. This increased accuracy provides more reliable data and better decision-making. Advanced and innovative anemometers can enhance the efficiency of wind turbines, leading to higher energy production and lower operational costs. Developing new sensor technologies, such as lidar-based anemometers, can open opportunities for more compact, versatile, and cost-effective solutions. The newly developed advanced anemometers are designed like an airplane wing with integrated sensors. These sensors help detect the wind’s speed and the direction through the movement. In construction, transportation, and offshore operations, precise wind data is crucial for safety and infrastructure planning. Advanced anemometers can contribute to risk mitigation and improved safety protocols.
Furthermore, integration with Internet of Things (IoT) platforms and data analytics can enhance the capabilities of wind anemometers. IoT plays a significant role in selecting the most suitable location for installing wind turbines. Meteorological sensors will respond to real-time weather conditions and are designed to monitor specific environmental parameters such as wind direction, wind speed, and ambient direction. Data obtained from IoT is transformed into actionable information to enhance wind turbine performance, driving wind energy costs down and reducing overall risk. Hence, the development of advanced and innovative wind anemometers is expected to provide a great opportunity for the wind anemometer market growth.
On the contrary, high initial investment and maintenance costs hampers the growth Asia Pacific wind anemometer market.
Based on measuring type, the Asia Pacific wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held 64.2% share of the Asia Pacific wind anemometer market in 2022, amassing US$ 25.48 million. It is projected to garner US$ 48.05 million by 2030 to expand at 8.3% CAGR during 2022-2030.
Based on anemometers type, the Asia Pacific wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held 69.1% share of the Asia Pacific wind anemometer market in 2022, amassing US$ 27.42 million. It is projected to garner US$ 48.38 million by 2030 to expand at 7.4% CAGR during 2022-2030.
In terms of applications, the Asia Pacific wind anemometer market is bifurcated into onshore and offshore. The onshore segment held 85.3% share of the Asia Pacific wind anemometer market in 2022, amassing US$ 33.85 million. It is projected to garner US$ 60.48 million by 2030 to expand at 7.5% CAGR during 2022-2030.
Based on country, the Asia Pacific wind anemometer market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 46.0% share of Asia Pacific wind anemometer market in 2022, amassing US$ 18.26 million. It is projected to garner US$ 35.79 million by 2030 to expand at 8.8% CAGR during 2022-2030.
Key players operating in the Asia Pacific wind anemometer market are Vaisala Oyj, R M Young Co, Theta Instruments Co Ltd, Campbell Scientific Inc, and OTT HydroMet Fellbach GmbH, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific wind anemometer market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Wind Anemometers Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Asia Pacific Wind Anemometers Market – Key Industry Dynamics
5.1 Asia Pacific Wind Anemometers Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growing Demand for Renewable Energy Sources
5.2.2 Growing Awareness of Climate Change
5.3 Market Restraints
5.3.1 High Initial Investment and Maintenance Costs
5.3.2 Scarcity of Skilled Professionals
5.4 Market Opportunities
5.4.1 Development Of Advanced and Innovative Wind Anemometers
5.4.2 Increasing in Use of Wind Anemometers in Aviation and Weather Monitoring Applications
5.5 Future Trends
5.5.1 Development of Offshore Wind Farms
5.6 Impact of Drivers and Restraints:
6. Wind Anemometers Market – Asia Pacific Market Analysis
6.1 Asia Pacific Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
6.2 Asia Pacific Wind Anemometers Market Forecast and Analysis
7. Asia Pacific Wind Anemometers Market Analysis – Measuring Type
7.1 Velocity Anemometers
7.1.1 Overview
7.1.2 Velocity Anemometers Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Pressure Anemometers
7.2.1 Overview
7.2.2 Pressure Anemometers Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Wind Anemometers Market Analysis – Anemometers Type
8.1 Mechanical
8.1.1 Overview
8.1.2 Mechanical Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Ultrasonic
8.2.1 Overview
8.2.2 Ultrasonic Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Others
8.3.1 Overview
8.3.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Wind Anemometers Market Analysis – Application
9.1 Onshore
9.1.1 Overview
9.1.2 Onshore Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Offshore
9.2.1 Overview
9.2.2 Offshore Market Revenue, and Forecast to 2030 (US$ Million)
10. Asia Pacific Wind Anemometers Market – Country Analysis
10.1.1 Asia Pacific Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 Asia Pacific Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 China Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 China Wind Anemometers Market Breakdown by Type
10.1.1.2.2 China Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.2.3 China Wind Anemometers Market Breakdown by Application
10.1.1.3 Japan Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Japan Wind Anemometers Market Breakdown by Type
10.1.1.3.2 Japan Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.3.3 Japan Wind Anemometers Market Breakdown by Application
10.1.1.4 India Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 India Wind Anemometers Market Breakdown by Type
10.1.1.4.2 India Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.4.3 India Wind Anemometers Market Breakdown by Application
10.1.1.5 South Korea Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 South Korea Wind Anemometers Market Breakdown by Type
10.1.1.5.2 South Korea Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.5.3 South Korea Wind Anemometers Market Breakdown by Application
10.1.1.6 Australia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Australia Wind Anemometers Market Breakdown by Type
10.1.1.6.2 Australia Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.6.3 Australia Wind Anemometers Market Breakdown by Application
10.1.1.7 Rest of Asia Pacific Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.7.1 Rest of Asia Pacific Wind Anemometers Market Breakdown by Type
10.1.1.7.2 Rest of Asia Pacific Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.7.3 Rest of Asia Pacific Wind Anemometers Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Vaisala Oyj
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 R M Young Co
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Theta Instruments Co Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Campbell Scientific Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OTT HydroMet Fellbach GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Wind Anemometers Market Segmentation
Table 2. Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Measuring Type
Table 4. Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) -Anemometers Type
Table 5. Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. China Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. China Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 9. China Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. Japan Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Japan Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 12. Japan Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. India Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. India Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 15. India Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. South Korea Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. South Korea Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 18. South Korea Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 19. Australia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Australia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 21. Australia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Rest of Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 23. Rest of Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 24. Rest of Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 25. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Wind Anemometers Market Segmentation, By Country
Figure 2. Ecosystem: Asia Pacific Wind Anemometers Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
Figure 5. Asia Pacific Wind Anemometers Market Share (%) – Measuring Type, 2022 and 2030
Figure 6. Velocity Anemometers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Pressure Anemometers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Asia Pacific Wind Anemometers Market Share (%) – Measuring Type, 2022 and 2030
Figure 9. Mechanical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Ultrasonic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Asia Pacific Wind Anemometers Market Share (%) – Application, 2022 and 2030
Figure 13. Onshore Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Offshore Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Asia Pacific Wind Anemometers Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 16. Wind Anemometers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. China Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 18. Japan Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. India Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. South Korea Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Australia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Rest of Asia Pacific Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Asia Pacific Wind Anemometer Market
1. Vaisala Oyj
2. R M Young Co
3. Theta Instruments Co Ltd
4. Campbell Scientific Inc
5. OTT HydroMet Fellbach GmbH
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