Market Overview:
The global airflow measurement solution market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for airflow measurement solutions in various industries such as automotive, aerospace, electronics manufacturing, heavy industry, food processing and others. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. However, lack of standardization and high installation and maintenance costs are some of the factors restraining the growth of this market. On basis on type, hardware segment dominates the global airflow measurement solution market with a share of more than 50%. This can be attributed to its low cost as compared to software and services segments. On basis on application, automotive segment accounts for majority share in terms revenue contribution followed by aerospace segment.
Product Definition:
Airflow Measurement Solution is a computer software application used to measure and analyze the airflow patterns in buildings. It is important for architects and engineers to understand the airflow patterns in order to optimize building ventilation, heating, and cooling systems.
Hardware:
Hardware is the part of a system that can be directly observed, measured or handled. Hardware includes all devices and components which are physically present in the airflow measurement solution market. It could be any kind of instrument, machine or device used to obtain an accurate reading for measuring flow rate. The hardware segment is expected to grow at a CAGR greater than 10% over the forecast period owing to its increasing demand in industrial applications such as process analyzers and mass transfer systems among others.
Software:
Software is the Collection of Procedures, Systems or Tools which are used to obtain and store data. In case of Airflow measurement solution, it is a collection of software tools that are used for measuring airflows in different industrial processes.
Software helps in obtaining accurate results by using algorithms and other methods for signal processing. It also helps to normalize the measurements with proper quality control measures so as to provide high accuracy levels during process monitoring.
Application Insights:
The aerospace application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing air traffic across airports worldwide, coupled with rising demand for fuel-efficient aircraft designs. Airflow measurement solutions are used to optimize engine performance by measuring and monitoring critical airflow parameters such as mass airflow through an engine or volume of gas flow into a combustion chamber, which helps improve overall aircraft efficiency and reduce fuel consumption.
Airflow measurement solutions are also used in automotive applications where they help optimize vehicle performance by measuring various vehicle operating characteristics such as air/fuel mixture density, temperature & pressure (DTC), exhaust gas recirculation (EGR) valve position & duty cycle, intake manifold vacuum (IMV), etc., which ultimately improves overall vehicle efficiency and reduces carbon emissions significantly.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to early adoption of technologies, presence of well-established manufacturers and suppliers, and high demand for automation in manufacturing facilities.
Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing government initiatives for improving industrial output and quality control in various industries including food processing, pharmaceuticals & chemicals, automotive & transportation equipment manufacturing among others.
Growth Factors:
- Increasing demand for Airflow Measurement Solution from various industries for efficient and effective operations.
- Growing awareness about the benefits of using Airflow Measurement Solution in manufacturing and process industries.
- Rising number of installations of Airflow Measurement Solution in various industrial sectors worldwide.
- Technological advancements in air flow measurement devices that are helping to improve accuracy and efficiency of airflow measurement solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Airflow Measurement Solution Market Research Report
By Type
Hardware, Software, Services
By Application
Automotive, Aerospace, Electronics Manufacturing, Heavy Industry, Food Processing, Other
By Companies
Fluke, Honeywell, WIKA, Axetris AG, Bosch, MEGA Engineering, SIKA, PCE Instruments, Extech Instruments, Dwyer Instruments, Flexim, TSI Incorporated
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Airflow Measurement Solution Market Report Segments:
The global Airflow Measurement Solution market is segmented on the basis of:
Types
Hardware, Software, Services
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
Automotive, Aerospace, Electronics Manufacturing, Heavy Industry, Food Processing, Other
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:
- Fluke
- Honeywell
- WIKA
- Axetris AG
- Bosch
- MEGA Engineering
- SIKA
- PCE Instruments
- Extech Instruments
- Dwyer Instruments
- Flexim
- TSI Incorporated
Highlights of The Airflow Measurement Solution 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:
- Hardware
- Software
- Services
- By Application:
- Automotive
- Aerospace
- Electronics Manufacturing
- Heavy Industry
- Food Processing
- Other
- 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 Airflow Measurement Solution 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Airflow measurement solution is a software that helps you to measure the airflow in your building.
Some of the major players in the airflow measurement solution market are Fluke, Honeywell, WIKA, Axetris AG, Bosch, MEGA Engineering, SIKA, PCE Instruments, Extech Instruments, Dwyer Instruments, Flexim, TSI Incorporated.
The airflow measurement solution market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airflow Measurement Solution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airflow Measurement Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airflow Measurement Solution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airflow Measurement Solution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airflow Measurement Solution Market Size & Forecast, 2018-2028
4.5.1 Airflow Measurement Solution Market Size and Y-o-Y Growth
4.5.2 Airflow Measurement Solution Market Absolute $ Opportunity
Chapter 5 Global Airflow Measurement Solution Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airflow Measurement Solution Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airflow Measurement Solution Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airflow Measurement Solution Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Electronics Manufacturing
6.2.4 Heavy Industry
6.2.5 Food Processing
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airflow Measurement Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airflow Measurement Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airflow Measurement Solution Analysis and Forecast
9.1 Introduction
9.2 North America Airflow Measurement Solution Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airflow Measurement Solution Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airflow Measurement Solution Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Electronics Manufacturing
9.10.4 Heavy Industry
9.10.5 Food Processing
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airflow Measurement Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Airflow Measurement Solution Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airflow Measurement Solution Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airflow Measurement Solution Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Electronics Manufacturing
10.10.4 Heavy Industry
10.10.5 Food Processing
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airflow Measurement Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airflow Measurement Solution Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airflow Measurement Solution Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airflow Measurement Solution Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Electronics Manufacturing
11.10.4 Heavy Industry
11.10.5 Food Processing
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airflow Measurement Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Airflow Measurement Solution Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airflow Measurement Solution Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airflow Measurement Solution Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Electronics Manufacturing
12.10.4 Heavy Industry
12.10.5 Food Processing
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airflow Measurement Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airflow Measurement Solution Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airflow Measurement Solution Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airflow Measurement Solution Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Electronics Manufacturing
13.10.4 Heavy Industry
13.10.5 Food Processing
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airflow Measurement Solution Market: Competitive Dashboard
14.2 Global Airflow Measurement Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke
14.3.2 Honeywell
14.3.3 WIKA
14.3.4 Axetris AG
14.3.5 Bosch
14.3.6 MEGA Engineering
14.3.7 SIKA
14.3.8 PCE Instruments
14.3.9 Extech Instruments
14.3.10 Dwyer Instruments
14.3.11 Flexim
14.3.12 TSI Incorporated
