The wind anemometers market was valued at approximately US$ 164.31 million in 2022 and is projected to grow to around US$ 273.32 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.6% during the period from 2022 to 2030.
In North America, the wind anemometers market is divided into segments including the US, Canada, and Mexico, with the US anticipated to dominate the market share throughout the forecast period. Wind sensors are increasingly utilized in autonomous aircraft to detect weather variations, ensuring safer take-offs and landings. As the adoption of autonomous aircraft rises, so does the demand for wind anemometers. Engineers worldwide are innovating to create wind anemometers specifically for these aircraft. For example, in August 2022, engineers developed a new wind sensor for autonomous aircraft and drones that is characterized by low energy consumption, minimal drag, lightweight design, and enhanced sensitivity to pressure changes compared to traditional models. Additionally, wind anemometers are crucial in wind turbine projects for monitoring wind speed and direction. Wind turbines are vital for clean energy production in North America, with organizations like the United States Wind Turbine Database (USWTDB) cataloging both land-based and offshore wind turbines across the US. As of the end of 2022, there were 72,731 turbines operating across 43 states, including Guam and Puerto Rico. The presence of key market players such as R. M. Young and Campbell Scientific, Inc. in North America further supports the growth of the wind anemometers market.
The growth of renewable energy sources in the US is notable. According to the Regents of the University of Michigan, the wind industry added 13,413 megawatts (MW) of new capacity in 2021, bringing the total to 135,886 MW, marking the second-highest annual installation and representing an investment of US$ 20 billion. Wind energy accounts for over 9% of the nation?s electricity, exceeding 50% in states like South Dakota and Iowa, and over 30% in Oklahoma, Kansas, and North Dakota. In 2022, renewable energy sources constituted approximately 13.1% of the US's primary energy consumption, with around 21.5% of total utility-scale electricity generation coming from renewables. Wind anemometers play a critical role in measuring wind speed and relaying this data to controllers, thus the increasing reliance on renewable energy sources is significantly driving the demand for wind anemometers in the country.
The wind anemometers market is categorized based on application into offshore and onshore segments, with the onshore segment holding the largest market share. Onshore wind power turbines are becoming increasingly important for electricity generation. Various nations are deploying onshore wind turbines for this purpose. For instance, as reported by America Clean Power, there were 70,000 wind turbines in operation across the US in 2022, generating clean and reliable energy. The total wind power capacity reached 146 GW, making it the fourth-largest source of electricity generation in the country, sufficient to power approximately 46 million American homes. Wind anemometers are essential for measuring gas flow under turbulent conditions, thus the rise in onshore wind power installations is a significant factor driving the growth of the wind anemometers market.
The global demand for advanced instruments to monitor air pressure and velocity is increasing, which in turn is boosting the need for anemometers. The proliferation of wind power projects worldwide is a key factor in this demand. Numerous companies are supplying anemometers for various applications, including wind-turbine siting and air-quality monitoring. For example, Kimo Electronic Pvt. Ltd. offers the AMI 310 multifunction device, which measures various parameters such as pressure, temperature (using Pt100 and thermocouples), humidity, air quality (CO/CO2), air velocity, airflow (using vane probes and hot-wire), and tachometry. The growth in wind power projects, coupled with the presence of numerous market players, is propelling the demand for wind anemometers.
Key players in the wind anemometers market include 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, all of whom are profiled in this market analysis.
The overall size of the wind anemometers market has been determined through a combination of primary and secondary research methods. Extensive secondary research has been conducted using both internal and external sources to gather qualitative and quantitative data regarding the wind anemometers market size. This process also aids in providing an overview and forecast of the market across all segments. Additionally, numerous primary interviews have been carried out with industry stakeholders to validate the data and gain analytical insights. This includes discussions with industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the wind anemometers market.