North America Wind Anemometer Market Forecast to 2030
North America 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 Offshore Wind Farms Drive North America Wind Anemometer Market
Offshore wind power is one of the fast-growing solutions to the world’s need for clean and renewable energy. Wind farm technology is advancing rapidly, with increasing attention paid to offshore wind farms placed in deep waters and away from the shore than traditional wind farms. In addition, offshore wind farms have a significantly smaller environmental footprint than fossil fuel plants and deliver no greenhouse gas emissions. They also offer an environment for marine life, with the platforms operating as artificial reefs that attract fish and other aquatic species. Before constructing offshore wind farms, developers must assess the potential locations’ wind conditions. Wind anemometers are essential for accurately measuring wind speed, direction, and other environmental factors at sea, helping identify suitable and optimal locations for offshore wind turbines. This drives the demand for specialized offshore anemometer systems. Also, detailed wind resource assessments are essential to determine the energy production potential of an offshore wind farm. Wind anemometers provide the data needed to estimate the energy output, helping developers make informed investment decisions and secure financing for these large-scale projects.
North America Wind Anemometer Market Overview
The wind anemometer market in North America is segmented into the US, Canada, and Mexico. Wind sensors are widely used in autonomous aircraft vehicles to sense weather changes and perform safer take-offs and landings. With the increase in the adoption of autonomous aircraft vehicles, the demand for wind anemometer is increasing. By knowing the application of wind anemometers, various engineers across the globe are developing wind anemometers for application in autonomous aircraft. For instance, according to the Engineers in August 2022, the engineers developed a wind sensor for autonomous aircraft and drones that is low-energy, low-drag, lightweight, and more sensitive to changes in pressure compared to conventional types. The wind anemometer is widely used in wind turbine projects to monitor wind direction and speed. Across North America, wind turbines play a significant role in producing clean energy. Several entities, such as the United States Wind Turbine Database (USWTDB), provide the locations of land-based and offshore wind turbines in the US. According to the United States Geological Survey, 72,731 turbines cover 43 states (plus Guam and PR). As of the fourth quarter of 2022, the most recent turbines were added to the USWTDB. Further, various market players across North America provide wind anemometer, including R. M. Young and Campbell Scientific, Inc. The presence of such players in North America contributes to the wind anemometer market growth.
North America Wind Anemometer Market Revenue and Forecast to 2030 (US$ Million)
North America Wind Anemometer Market Segmentation
The North America wind anemometer market is segmented based on measuring type, anemometers type, applications, and country.
Based on measuring type, the North America 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 North America wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share in 2022.
In terms of applications, the North America wind anemometer market is bifurcated into onshore and offshore. The onshore segment held a larger share in 2022.
Based on country, the North America wind anemometer market is categorized into the US, Canada, and Mexico. The US held dominated the North America wind anemometer market in 2022.
Vaisala Oyj, R M Young Co, Campbell Scientific In, and OTT HydroMet Fellbach GmbH are some of the leading companies operating in the North America wind anemometer market.
Summary Info
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According to the Research Team’ research, the North America wind anemometer market was valued at US$ 59.65 million in 2022 and is expected to reach US$ 102.06 million by 2030, registering a CAGR of 6.9% from 2022 to 2030. Growing demand for renewable energy sources and growing awareness of climate change are among the critical factors attributed to the North America wind anemometer market expansion.
The growth of renewable energy sources, particularly wind power, substantially impacts the wind anemometer 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. Wind turbines used to achieve these objectives comes with 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 demand for the wind anemometer is increasing with the growing renewable energy sources.
On the contrary, high initial investment and maintenance costs hampers the growth North America wind anemometer market.
Based on measuring type, the North America wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held 58.9% share of the North America wind anemometer market in 2022, amassing US$ 35.10 million. It is projected to garner US$ 62.99 million by 2030 to expand at 7.6% CAGR during 2022-2030.
Based on anemometers type, the North America wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held 61.5% share of the North America wind anemometer market in 2022, amassing US$ 36.68 million. It is projected to garner US$ 60.23 million by 2030 to expand at 6.4% CAGR during 2022-2030.
In terms of applications, the North America wind anemometer market is bifurcated into onshore and offshore. The onshore segment held 81.1% share of the North America wind anemometer market in 2022, amassing US$ 48.40 million. It is projected to garner US$ 81.33 million by 2030 to expand at 6.7% CAGR during 2022-2030.
Based on country, the North America wind anemometer market is categorized into the US, Canada, and Mexico. The US held 91.3% share of North America wind anemometer market in 2022, amassing US$ 54.47 million. It is projected to garner US$ 94.07 million by 2030 to expand at 7.1% CAGR during 2022-2030.
Key players operating in the North America wind anemometer market are Vaisala Oyj, R M Young Co, Campbell Scientific In, 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 North America 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 North America 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. North America Wind Anemometers Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. North America Wind Anemometers Market – Key Industry Dynamics
5.1 North America 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 – North America Market Analysis
6.1 North America Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
6.2 North America Wind Anemometers Market Forecast and Analysis
7. North America 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. North America 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. North America 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. North America Wind Anemometers Market – Country Analysis
10.1.1 North America Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.1 North America Wind Anemometers Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 US Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 US Wind Anemometers Market Breakdown by Type
10.1.1.2.2 US Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.2.3 US Wind Anemometers Market Breakdown by Application
10.1.1.3 Canada Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Canada Wind Anemometers Market Breakdown by Type
10.1.1.3.2 Canada Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.3.3 Canada Wind Anemometers Market Breakdown by Application
10.1.1.4 Mexico Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Mexico Wind Anemometers Market Breakdown by Type
10.1.1.4.2 Mexico Wind Anemometers Market Breakdown by Anemometers Type
10.1.1.4.3 Mexico 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 Campbell Scientific Inc
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 OTT HydroMet Fellbach GmbH
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
13. Appendix
13.1 About the Research Team
13.2 Word Index
LIST OF TABLES
Table 1. North America Wind Anemometers Market Segmentation
Table 2. North America Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. North America Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Measuring Type
Table 4. North America Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) -Anemometers Type
Table 5. North America Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. North America Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. US Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. US Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 9. US Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. Canada Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Canada Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 12. Canada Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 13. Mexico Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Mexico Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Anemometers Type
Table 15. Mexico Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Wind Anemometers Market Segmentation, By Country
Figure 2. Ecosystem: North America Wind Anemometers Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Wind Anemometers Market Revenue (US$ Million), 2022 – 2030
Figure 5. North America 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. North America 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. North America 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. North America Wind Anemometers Market, by Key Country – Revenue (2022) (US$ Million)
Figure 16. Wind Anemometers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. US Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 18. Canada Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. Mexico Wind Anemometers Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – North America Wind Anemometer Market
1. Vaisala Oyj
2. R M Young Co
3. Campbell Scientific Inc
4. OTT HydroMet Fellbach GmbH
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