Market Overview:
Anemometers are devices used to measure wind speed. They come in a variety of shapes and sizes, but all work on the same principle: by measuring the force exerted on a spinning object in relation to the speed of the wind. The Global Cup Anemometers Market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. Some of the factors that are driving this market are increase in demand for renewable energy sources, growth in construction industry and rise in awareness about energy conservation measures.
Product Definition:
A cup anemometer is a device used to measure wind speed. It consists of a vertical rod with three or four cups attached to it. The cups are mounted in such a way that they rotate as the wind blows past them. The speed of the wind can be calculated by measuring the rate at which the cups rotate.
Four-Cup:
The four-cup anemometer is a device used to measure the volume of fluid in cupholders, car engines, or fuel tanks. It consists of four cups that are connected by tubes to a single mercury column. The other end of the mercury column is attached to a pressure source which can be either manual and electrical or automatic depending on the type of anemometer being manufactured.
It's primary function is for monitoring water & liquid flow rate in engines.
Three-Cup:
Three-Cup and it's usage in Cup Anemometers market is a device used to measure the speed of blood flow through the carotid artery. It works on the principle of hydrodynamic friction, which is dependent upon three parameters i.e., cup material, fluid viscosity and temperature.
Application Insights:
Electric power industry was the largest application segment in the global cup anemometers market, accounting for over 45% of the overall revenue share in 2017. The product is widely used to measure wind speed and direction at various distances for planning and designing of turbines as well as for testing of blades. It is also used to check if a turbine tower needs repairs before it suffers any damage due to high wind speeds.
The steel industry segment accounted for over 20% revenue share in 2017 owing to rising demand from China, India, Japan and other emerging economies across Asia Pacific region. Cup anemometers are used extensively during construction activities such as concrete pourings, track laying on bridges & buildings etc., along with other related activities such as landfills & excavations that require measuring wind speed and direction at different distances from construction sites or landfill areas respectively.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., as a leading electric power generation country, is expected to drive the product demand over the forecast period. Europe accounted for a significant share of revenue and is expected to grow at an exponential rate over the forecast period owing to rising COVID-19 cases in Western European countries such as Germany, Italy, France and Spain which resulted into sluggish industrial production activities during September 2018 - January 2019 quarter.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rapid development witnessed by economies including China.
Growth Factors:
- Increasing demand for wind energy: The global consumption of wind energy is expected to grow at a CAGR of around 12% during the forecast period. This will lead to an increase in the demand for cup anemometers, as they are used to measure wind speed and turbulence.
- Technological advancements: Cup anemometers are becoming increasingly sophisticated with the advent of new technologies such as laser-based sensors and micro-electromechanical systems (MEMS). This is likely to boost their adoption among various industries.
- Rising awareness about climate change: There is a growing awareness about climate change and its effects on human health, environment, and economy. As a result, there is increasing demand for renewable energy sources such as wind power which can help reduce greenhouse gas emissions.
- Growing investments in renewable energy: Governments and private investors are making large investments in renewable energy projects across the globe due to rising concerns about climate change and depleting fossil fuel resources . This will create opportunities for cup anemometer manufacturers worldwide . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Cup Anemometers Market Research Report
By Type
Four-Cup, Three-Cup
By Application
Electric Power Industry, Steel Industry, Petrochemical Industry, Others
By Companies
OMEGA Engineering, Bosch, KANOMAX, Testo, VWR, La Crosse Technology, Samson Automation, Fluke, Raj Thermometers, Biral, Kaizen Imperial, Davis Instruments, Precision Scientific Instruments, Vaisala, CEM, Lutron Electronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cup Anemometers Market Report Segments:
The global Cup Anemometers market is segmented on the basis of:
Types
Four-Cup, Three-Cup
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power Industry, Steel Industry, Petrochemical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OMEGA Engineering
- Bosch
- KANOMAX
- Testo
- VWR
- La Crosse Technology
- Samson Automation
- Fluke
- Raj Thermometers
- Biral
- Kaizen Imperial
- Davis Instruments
- Precision Scientific Instruments
- Vaisala
- CEM
- Lutron Electronic
Highlights of The Cup Anemometers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Four-Cup
- Three-Cup
- By Application:
- Electric Power Industry
- Steel Industry
- Petrochemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cup Anemometers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cup anemometer is a device used to measure the wind speed.
Some of the major players in the cup anemometers market are OMEGA Engineering, Bosch, KANOMAX, Testo, VWR, La Crosse Technology, Samson Automation, Fluke, Raj Thermometers, Biral, Kaizen Imperial, Davis Instruments, Precision Scientific Instruments, Vaisala, CEM, Lutron Electronic.
The cup anemometers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cup Anemometers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cup Anemometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cup Anemometers Market - Supply Chain
4.5. Global Cup Anemometers Market Forecast
4.5.1. Cup Anemometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cup Anemometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cup Anemometers Market Absolute $ Opportunity
5. Global Cup Anemometers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cup Anemometers Market Size and Volume Forecast by Type
5.3.1. Four-Cup
5.3.2. Three-Cup
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cup Anemometers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cup Anemometers Market Size and Volume Forecast by Application
6.3.1. Electric Power Industry
6.3.2. Steel Industry
6.3.3. Petrochemical Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cup Anemometers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cup Anemometers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cup Anemometers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cup Anemometers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cup Anemometers Demand Share Forecast, 2019-2026
9. North America Cup Anemometers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cup Anemometers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cup Anemometers Market Size and Volume Forecast by Application
9.4.1. Electric Power Industry
9.4.2. Steel Industry
9.4.3. Petrochemical Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cup Anemometers Market Size and Volume Forecast by Type
9.7.1. Four-Cup
9.7.2. Three-Cup
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cup Anemometers Demand Share Forecast, 2019-2026
10. Latin America Cup Anemometers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cup Anemometers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cup Anemometers Market Size and Volume Forecast by Application
10.4.1. Electric Power Industry
10.4.2. Steel Industry
10.4.3. Petrochemical Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cup Anemometers Market Size and Volume Forecast by Type
10.7.1. Four-Cup
10.7.2. Three-Cup
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cup Anemometers Demand Share Forecast, 2019-2026
11. Europe Cup Anemometers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cup Anemometers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cup Anemometers Market Size and Volume Forecast by Application
11.4.1. Electric Power Industry
11.4.2. Steel Industry
11.4.3. Petrochemical Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cup Anemometers Market Size and Volume Forecast by Type
11.7.1. Four-Cup
11.7.2. Three-Cup
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attraciveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cup Anemometers Demand Share, 2019-2026
12. Asia Pacific Cup Anemometers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cup Anemometers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cup Anemometers Market Size and Volume Forecast by Application
12.4.1. Electric Power Industry
12.4.2. Steel Industry
12.4.3. Petrochemical Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cup Anemometers Market Size and Volume Forecast by Type
12.7.1. Four-Cup
12.7.2. Three-Cup
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cup Anemometers Demand Share, 2019-2026
13. Middle East & Africa Cup Anemometers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cup Anemometers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cup Anemometers Market Size and Volume Forecast by Application
13.4.1. Electric Power Industry
13.4.2. Steel Industry
13.4.3. Petrochemical Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cup Anemometers Market Size and Volume Forecast by Type
13.7.1. Four-Cup
13.7.2. Three-Cup
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cup Anemometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cup Anemometers Market: Market Share Analysis
14.2. Cup Anemometers Distributors and Customers
14.3. Cup Anemometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OMEGA Engineering
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bosch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KANOMAX
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Testo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VWR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. La Crosse Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Samson Automation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fluke
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Raj Thermometers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Biral
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kaizen Imperial
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Davis Instruments
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Precision Scientific Instruments
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Vaisala
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CEM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lutron Electronic
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
