Market Overview:
The global hot-wire anemometers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hot-wire anemometers in various applications, such as electric power industry, steel industry, petrochemical industry and others. Additionally, the growing demand for these anemometers from emerging economies is also contributing to the growth of this market.
Product Definition:
A hot-wire anemometer is a device used to measure air velocity. They are often used in HVAC systems to measure the speed of air flow.
Side Heating Type:
Side heating type anemometers are used to measure the wind speed and direction in side-facing configuration. The device consists of a heated filament that is attracted by the wind, caused by its thermal radiation. It has two advantages over front-facing devices; it does not require any support structure and can be made very small (down to submillimeter size) due to which they are preferred for measuring winds from high altitudes where there is less air turbulence.
Direct Heating Type:
Direct heating type anemometers are used to measure the wind speed directly. The mechanism of direct heating type anemometer is very simple, it consists of a heated wire which is wound around a metal or wooden stake and as the name suggests it measures the speed of wind indirectly by sensing temperature differences between warm air and cold air.
Application Insights:
Electric power industry was the dominant application segment in terms of revenue share in 2017. The anemometers are used to measure wind speed and direction at high altitude for the safety of electric power transmission lines. Factors such as high reliability, long-term stability, low maintenance cost and easy installation have contributed to its increased adoption across this industry.
The steel industry is expected to emerge as a key growth driver over the forecast period owing to increasing demand for steel products from various end-use industries including construction, automotive and transportation, energy generation sector among others. Hot-wire anemometers are used along with other measurement devices such as flow meters & thermometers during production processes of pig iron & rolled metal in foundry industries which involves heating or cooling process followed by measuring process for controlling furnace operations at appropriate temperatures.
Regional Analysis:
North America dominated the global hot-wire anemometers market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to several ongoing projects by various organizations and government agencies that are aimed at reducing wind energy costs and increasing power generation efficiency through improved aerodynamic designs of wind turbines.
The Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising demand for electricity in emerging economies such as China and India, which has led to increased investments in renewable energy sources such as solar & biomass & geothermal power plants for reducing carbon footprint while meeting growing electricity demands. This has resulted into increased hot-wire anemometer installations across this region over recent years to improve turbine efficiency & reduce overall project cost, thus benefitting industry participants/end users across this region significantly over past few years (see Table 1).
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and wind energy is expected to drive the growth of the global hot-wire anemometers market during the forecast period.
- Growing awareness about the benefits of using hot-wire anemometers for various applications is another key factor that is expected to fuel market growth in the coming years.
- The increasing adoption of digital technologies in various industrial sectors is also anticipated to boost demand for hot-wire anemometers over the forecast period.
- The growing popularity of portable devices among consumers is also projected to benefit the growth of this market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot-Wire Anemometers Market Research Report
By Type
Side Heating Type, Direct Heating Type
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, 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hot-Wire Anemometers Market Report Segments:
The global Hot-Wire Anemometers market is segmented on the basis of:
Types
Side Heating Type, Direct Heating Type
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
- Vaisala
- CEM
- Lutron Electronic
Highlights of The Hot-Wire 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:
- Side Heating Type
- Direct Heating Type
- 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 Hot-Wire 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.
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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?
A hot-wire anemometer is a device used to measure wind speed. It uses a wire that is heated up to create a current, which the anemometer measures.
Some of the major players in the hot-wire anemometers market are OMEGA Engineering, Bosch, KANOMAX, Testo, VWR, La Crosse Technology, Samson Automation, Fluke, Raj Thermometers, Biral, Kaizen Imperial, Davis Instruments, Vaisala, CEM, Lutron Electronic.
The hot-wire anemometers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot-Wire 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. Hot-Wire Anemometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hot-Wire Anemometers Market - Supply Chain
4.5. Global Hot-Wire Anemometers Market Forecast
4.5.1. Hot-Wire Anemometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot-Wire Anemometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot-Wire Anemometers Market Absolute $ Opportunity
5. Global Hot-Wire 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. Hot-Wire Anemometers Market Size and Volume Forecast by Type
5.3.1. Side Heating Type
5.3.2. Direct Heating Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot-Wire 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. Hot-Wire 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 Hot-Wire 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. Hot-Wire 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 Hot-Wire 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. Hot-Wire 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 Hot-Wire Anemometers Demand Share Forecast, 2019-2026
9. North America Hot-Wire 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 Hot-Wire 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 Hot-Wire 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 Hot-Wire Anemometers Market Size and Volume Forecast by Type
9.7.1. Side Heating Type
9.7.2. Direct Heating Type
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 Hot-Wire Anemometers Demand Share Forecast, 2019-2026
10. Latin America Hot-Wire 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 Hot-Wire 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 Hot-Wire 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 Hot-Wire Anemometers Market Size and Volume Forecast by Type
10.7.1. Side Heating Type
10.7.2. Direct Heating Type
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 Hot-Wire Anemometers Demand Share Forecast, 2019-2026
11. Europe Hot-Wire 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 Hot-Wire 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 Hot-Wire 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 Hot-Wire Anemometers Market Size and Volume Forecast by Type
11.7.1. Side Heating Type
11.7.2. Direct Heating Type
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Hot-Wire Anemometers Demand Share, 2019-2026
12. Asia Pacific Hot-Wire 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 Hot-Wire 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 Hot-Wire 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 Hot-Wire Anemometers Market Size and Volume Forecast by Type
12.7.1. Side Heating Type
12.7.2. Direct Heating Type
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 Hot-Wire Anemometers Demand Share, 2019-2026
13. Middle East & Africa Hot-Wire 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 Hot-Wire 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 Hot-Wire 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 Hot-Wire Anemometers Market Size and Volume Forecast by Type
13.7.1. Side Heating Type
13.7.2. Direct Heating Type
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 Hot-Wire Anemometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot-Wire Anemometers Market: Market Share Analysis
14.2. Hot-Wire Anemometers Distributors and Customers
14.3. Hot-Wire 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. Vaisala
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CEM
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lutron Electronic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
