Thermal Anemometer Market to Portray Rapid Growth Owing to Its High Demand in Variety of Applications : States Fact.MR
Global Thermal Anemometer Market: Overview
A thermal anemometer is being utilized around the globe to measure air velocity, volume flow, and temperature. There are various types of thermal anemometer surfaced in the market with different functionalities some include portable or non-portable. The global thermal anemometer market is estimated to experience staggering growth on the back of rising HVAC inspections and testing.
Nowadays, the market actors are installing MEMS sensors in the modern thermal anemometer to measure velocity & temperature with full accuracy. Thus, this factor rapidly proliferates the adoption of thermal anemometer compared to other devices in various applications. Moreover, the growing trend for thermal anemometer in the aircraft and wind turbines estimates to mushrooming the demand over the forecast period.
Global Thermal Anemometer Market- Key Segments
The global thermal anemometer market can be segmented on the basis of application, end use, and modularity
According to application, the thermal anemometer market can be segmented as:
According to end use, the thermal anemometer market can be segmented as:
- Weather Station
- Wind Generation Station
- Oil & Gas Industries
- Construction Field
According to modularity, the thermal anemometer market can be segmented as:
COVID-19’s Impact on the Global Thermal Anemometer Market
The COVID-19 pandemic continues to rage aggressively, causing a significant downturn in the global thermal anemometer market during the short term forecast. Globally, various industries such as the oil & gas, construction and aerospace are closed down due to nationwide lockdowns. Thus, thermal anemometer undergoes muted sales in these verticals and will remain at a standstill in the next few months.
Also, governments work closely together with stakeholders to achieve the consequences of the resumption of the manufacturing and construction sector, which will further strengthen the demand for thermal anemometers market in the near future.
Thermal Anemometer Market Dominates in the Asia Pacific Region
The exponential growth in the adoption of air measuring devices in the energy, chemical, and oil & gas sectors across the Asian countries will positively impact the development of the global thermal anemometer market. According to Fact.MR study of the thermal anemometer market will grow at a significant rate in East Asia and South Asia followed by North America and Europe.
The U.S and Canada have more demand for thermal anemometer due to the increasing use of a renewable resource such as windmills. While, Europe is also likely to gain traction in the thermal anemometer market due to air pollution awareness. Increasing manufacturing firms in East Asian and South Asian countries also lead to a rise in affinity towards the thermal anemometer market.
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