Global Pitot tube anemometers market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~3.5% during the forecast period.
Global Pitot Tube Anemometers Market
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Global Pitot tube anemometers market Definition
A pitot tube is a device or an instrument which is basically used to measure fluid flow velocity. It is also known as pitot probe. Pitot tube anemometers are used to measure differential air velocity, pressure, temperature and airflow. This device consists of a large display in which the measuring style is separated into two reading ranges.
Global Pitot tube anemometers market Dynamics
A surge in the adoption of Pitot tube anemometers to measure water speed of a boat, airspeed of an aircraft and to determine gas, air and liquid flow velocities in various industrial applications is the major driving factor behind the growth of the market. Increasing demand for Pitot tube anemometer in applications such as aircraft, boilers, HVAC systems, dryers, ventilation ducts and race cars, rising adoption in the fields of heating and air conditioning and growing demand for high precise and high quality graphic display based Pitot tube anemometers are expected to improve the growth of the market during the forecast period.
However, disruption in the readings and low rangeability are major restraining factors that could hamper the growth of the market.
Global Pitot Tube Anemometers Market: Segmentation Analysis
By application, aircraft segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A growing significance of Pitot tube anemometers in aircrafts to determine its airspeed to avoid the airline accidents or incidents is attributed to the growth of the market. Also, rising adoption of Pitot tube anemometers in aircrafts to measure altitude trend, Mach number and altitude and increasing adoption in various commercial airline is expected to propel growth of the market during the forecast period. In addition, Pitot tube anemometers are widely used in ventilation and air conditioning technology. Owing to their versatile functions, they are the most ideal choice in these technologies to measure the flow velocity in ventilation ducts.
Global Pitot Tube Anemometers Market: Regional Analysis
Region-wise, North America held the largest market share in 2019 and is expected maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major key contributors behind the growth of the market. The growth is attributed to the massive presence of leading Pitot tube anemometer manufacturers and huge investments by them in electronic components business segment.
A surge in the adoption of Pitot tube anemometers in weather stations and aviation industry to measure an aircraft's airspeed, flow grids, various pressure sensors and applications such as process control and system balancing and environmental safeguards are driving the growth of the market in NA region.
The objective of the report is to present a comprehensive analysis of the Global Pitot Tube Anemometers Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Pitot Tube Anemometers Market dynamics, structure by analyzing the market segments and projects the Global Pitot Tube Anemometers Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Pitot Tube Anemometers Market make the report investor’s guide.
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Global Pitot Tube Anemometers Market, By Type
Global Pitot Tube Anemometers Market, By Application
- HVAC Systems
- Ventilation Ducts
Global Pitot Tube Anemometers Market, By Industry
- Energy Utility
Global Pitot Tube Anemometers Market, By Region
- North America
- Asia Pacific
- South America
- Middle East and Africa
Global Pitot Tube Anemometers Market, Key Players
- Ankom International
- CEM Instruments India
- FLIR Systems
- Hotek Technologies Inc.
- KANOMAX USA, INC.
- OMEGA Engineering Inc.
- PCE Deutschland GmbH
- Testo SE Co. KGaA
- Trotec GmbH
- Thomas Scientific
- Cole-Parmer India Pvt. Ltd
- Topac Inc
- Extech Instruments
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