According to the new market research report 'Global Anemometer Market, by Product Type (Velocity Anemometer and Pressure Anemometer), by Technology (LIDAR and SODAR), by Application (Onshore and Offshore), by End-Use Industry (Agriculture, Aviation, Oil & Gas, Marine, Transport & Logistics, Renewables, and Others), and by Geography (North America, Europe, Asia Pacific, Latin America, Africa, and Middle East) - Global Forecast to 2025', is estimated to be valued at over US$ 561.85 million by 2025 and expected to exhibit a CAGR of 5.79% during the forecast period (2017 – 2025), as highlighted in a report published by Coherent Market Insights.
Increasing number of wind energy generation projects, with total 486,790 MW installed wind power capacity in 2016 and the rising demand for modern instruments for air speed, air quality and velocity measurement, due to the rising environmental pollution, is boosting the market growth globally. Increasing number of wind turbine installations is further fueling the market growth. According to the International Renewable Energy Agency (IRENA), the global cumulative renewable generation capacity reached 2,006 GW in 2016 grew by 8.7%, with a record of 71 GW new solar energy, the first time since 2013 that solar energy outpaced wind energy capacity additions. Wind energy accounted for 51 GW of new capacity addition of this.
Browse over 00340 Market Data Tables and 60 Figures spread through over 300 Pages and in-depth TOC on " Global Anemometer Market, by Product Type (Velocity Anemometer and Pressure Anemometer), by Technology (LIDAR and SODAR), by Application (Onshore and Offshore), by End-Use Industry (Agriculture, Aviation, Oil & Gas, Marine, Transport & Logistics, Renewables and Others), and by Geography (North America, Europe, Asia Pacific, Latin America, Africa and Middle East) - Global Forecast to 2025".
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Key Takeaways of the Anemo meter Market:
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