Europe Wind Anemometer Market Forecast to 2030
Europe 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
Development Of Advanced and Innovative Wind Anemometers Drive Europe Wind Anemometer Market
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.
Europe Wind Anemometer Market Overview
The Europe wind anemometer market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The wind anemometer has applications in wind projects and aviation. By realizing the importance of clean energy, Europe is emphasizing wind capacity. The EU is compelled to become the global leader in renewables, and according to WindEurope, Germany, Sweden, and Finland built the most onshore wind turbines. Almost half the offshore installations were in the UK, and France installed its first large offshore wind farm. In 2022, new European wind installations amounted to 19.1 GW (16.7 GW onshore and 2.5 GW offshore). And Europe, as of 2022, has 255 GW of wind capacity. Thus, the emphasis on wind capacity projects propels the wind anemometer market. The key players operating in Europe, such as OTT HydroMet, Bristol Industrial & Research Associates Ltd (Biral), and Metek Meteorologische Messtechnik, offer various wind anemometers, such as ultrasonic and mechanical. Thus, the presence of such players contributes to the growth of the wind anemometer market.
Europe Wind Anemometer Market Revenue and Forecast to 2030 (US$ Million)
Europe Wind Anemometer Market Segmentation
The Europe wind anemometer market is segmented based on measuring type, anemometers type, applications, and country.
Based on measuring type, the Europe 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 Europe wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share in 2022.
In terms of applications, the Europe wind anemometer market is bifurcated into onshore and offshore. The onshore segment held a larger share in 2022.
Based on country, the Europe wind anemometer market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe wind anemometer market in 2022.
LSI LASTEM Sri, Vaisala Oyj, R M Young Co, Gill Instruments Ltd, AdolfThies GmbH & co KG, Lambrecht meteo GmbH, METEK Meteorologische Messtechnik GmbH, Bristol Industrial & Research Associates Ltd, Campbell Scientific Inc, and OTT HydroMet Fellbach GmbH are some of the leading companies operating in the Europe wind anemometer market.
Summary Info
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According to the Research Team’ research, the Europe wind anemometer market was valued at US$ 48.71 million in 2022 and is expected to reach US$ 77.22 million by 2030, registering a CAGR of 5.9% from 2022 to 2030. Growing demand for renewable energy sources and growing awareness of climate change are among the critical factors attributed to the Europe wind anemometer market expansion.
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 Europe, which helps reduce reliance on fossil fuels.
Governments of various countries are taking initiatives to reduce carbon emissions. Similarly, the European Parliament adopted the European Climate Law to deal with climate change, which raises the EU’s goal of reducing net greenhouse gas emissions by at least 55% by 2030 (from the current 40%) and makes climate neutrality by 2050 legally binding. 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.
On the contrary, high initial investment and maintenance costs hampers the growth Europe wind anemometer market.
Based on measuring type, the Europe wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held 61.5% share of the Europe wind anemometer market in 2022, amassing US$ 29.94 million. It is projected to garner US$ 49.53 million by 2030 to expand at 6.5% CAGR during 2022-2030.
Based on anemometers type, the Europe wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held 68.4% share of the Europe wind anemometer market in 2022, amassing US$ 33.34 million. It is projected to garner US$ 51.41 million by 2030 to expand at 5.6% CAGR during 2022-2030.
In terms of applications, the Europe wind anemometer market is bifurcated into onshore and offshore. The onshore segment held 86.4% share of the Europe wind anemometer market in 2022, amassing US$ 42.08 million. It is projected to garner US$ 65.91 million by 2030 to expand at 5.8% CAGR during 2022-2030.
Based on country, the Europe wind anemometer market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany held 28.1% share of Europe wind anemometer market in 2022, amassing US$ 13.67 million. It is projected to garner US$ 23.70 million by 2030 to expand at 7.1% CAGR during 2022-2030.
Key players operating in the Europe wind anemometer market are LSI LASTEM Sri, Vaisala Oyj, R M Young Co, Gill Instruments Ltd, AdolfThies GmbH & co KG, Lambrecht meteo GmbH, METEK Meteorologische Messtechnik GmbH, Bristol Industrial & Research Associates 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 Europe 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 Europe 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. Europe Wind Anemometers Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Europe Wind Anemometers Market – Key Industry Dynamics
5.1 Europe 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 – Europe Market Analysis
6.1 Europe Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
6.2 Europe Wind Anemometers Market Forecast and Analysis
7. Europe 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. Europe 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. Europe 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. Europe Wind Anemometers Market – Country Analysis
10.1.1 Europe Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 Europe Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 Germany Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Germany Wind Anemometers Market Breakdown by Type
10.1.1.2.2 Germany Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.2.3 Germany Wind Anemometers Market Breakdown by Application
10.1.1.3 UK Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 UK Wind Anemometers Market Breakdown by Type
10.1.1.3.2 UK Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.3.3 UK Wind Anemometers Market Breakdown by Application
10.1.1.4 France Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 France Wind Anemometers Market Breakdown by Type
10.1.1.4.2 France Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.4.3 France Wind Anemometers Market Breakdown by Application
10.1.1.5 Italy Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 Italy Wind Anemometers Market Breakdown by Type
10.1.1.5.2 Italy Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.5.3 Italy Wind Anemometers Market Breakdown by Application
10.1.1.6 Russia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Russia Wind Anemometers Market Breakdown by Type
10.1.1.6.2 Russia Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.6.3 Russia Wind Anemometers Market Breakdown by Application
10.1.1.7 Rest of Europe Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.7.1 Rest of Europe Wind Anemometers Market Breakdown by Type
10.1.1.7.2 Rest of Europe Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.7.3 Rest of Europe 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 LSI LASTEM Srl
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 Vaisala Oyj
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 R M Young Co
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 Gill Instruments Ltd
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 Adolf Thies GmbH & Co KG
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
12.6 Lambrecht meteo GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 METEK Meteorologische Messtechnik GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Bristol Industrial & Research Associates Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Campbell Scientific Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 OTT HydroMet Fellbach GmbH
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Europe Wind Anemometers Market Segmentation
Table 2. Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Measuring Type
Table 4. Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) -Anemometers Type
Table 5. Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. Germany Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. Germany Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 9. Germany Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. UK Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. UK Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 12. UK Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. France Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. France Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 15. France Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. Italy Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Italy Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 18. Italy Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 19. Russia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Russia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 21. Russia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Rest of Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 23. Rest of Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 24. Rest of Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 25. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Wind Anemometers Market Segmentation, By Country
Figure 2. Ecosystem: Europe Wind Anemometers Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
Figure 5. Europe 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. Europe 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. Europe 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. Europe Wind Anemometers Market, by Key Country – Revenue (2022) (US$ Million)
Figure 16. Wind Anemometers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. Germany Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 18. UK Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. France Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. Italy Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Russia Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Rest of Europe Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Europe Wind Anemometer Market
1. LSI LASTEM Srl
2. Vaisala Oyj
3. R M Young Co
4. Gill Instruments Ltd
5. AdolfThies GmbH & co KG
6. Lambrecht meteo GmbH
7. METEK Meteorologische Messtechnik GmbH
8. Bristol Industrial & Research Associates Ltd
9. Campbell Scientific Inc
10. OTT HydroMet Fellbach GmbH
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