Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Wednesday, November 15, 2023

Lucintel Forecasts Global Hot Wire Anemometer Market to Reach $9.1 Billion by 2030

According to a market report by Lucintel, the future of the global hot wire anemometer market looks promising with opportunities in the automotive, industrial, pharmaceutical, and power & energy sectors. The global hot wire anemometer market is expected to reach an estimated $9.1 billion by 2030 with a CAGR of 7.5% from 2024 to 2030.

The major drivers for this market are growing demand for this product from automotive sector, rising demand for advanced and portable meters, and growing use of these meters in pharmaceuticals.

A more than 150–page report is developed to understand trends, opportunity and forecast in hot wire anemometer market to 2030 by type (constant voltage anemometer, constant current anemometer, and constant temperature anemometer), material (tungsten and platinum), end use industry (automotive, industrial, pharmaceuticals, power & energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, constant voltage anemometer, constant current anemometer, and constant temperature anemometer are the major segments of hot wire anemometer market by type.

Lucintel forecasts that voltage is expected to witness highest growth over the forecast period due to its growing use among various application to precisely determine the flow velocity in the moment.

Within this market, pharmaceutical will remain the largest segment due to significant use of hot wire anemometer in this sector to enable accurate management of airflows for cleanroom compliance, reduce cross-contamination, and maintain product integrity in the manufacturing unit.

North America is expected to witness highest growth over the forecast period due to continuous expansion of automotive industry and presence of stringent pharmaceutical industry quality control standards in the region. 

OMEGA Engineering, LSI LASTEM, Industrial Physics, Test Products International, Shenzhen Wintact Electronics, Metravi Instruments, Kimo Electronic, and Omicron Sensing are the major suppliers in the hot wire anemometer market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Related Reports

1. United States Residential Humidifier Market

 

2. Virtual Reality Headset Market

 

3. Household Appliances Market

 

4. Smartphone Market

 

5. Game Consoles Market

 

6. CMOS Image Sensors Market

 

7. Kitchen Appliances Market

 

8. Image Sensors Market

 

9. LED Market

 

10. Personal Computer Market

No comments:

Post a Comment