Middle East & Africa Wind Anemometer Market Forecast to 2030 - Regional Analysis - by Measuring Type (Velocity Anemometers and Pressure Anemometers), Anemometers Type (Mechanical, Ultrasonic, and Others), and Application (Onshore and Offshore)

BMIRE00030141 | Pages: 66 | Electronics and Semiconductor | May 2024 | Type: Regional | Status: Published

The Middle East & Africa wind anemometer market was valued at US$ 10.89 million in 2022 and is expected to reach US$ 15.04 million by 2030; it is estimated to record a CAGR of 4.1% from 2022 to 2030. 

Growing Demand for Renewable Energy Sources Fuels Middle East & Africa Wind Anemometer Market

The growth of renewable energy sources, particularly wind power, substantially impacts the wind anemometer market. According to the International Energy Agency (IEA), in 2022, renewable energy supply from wind, solar, hydro, geothermal, and ocean increased by close to 8%, and the share of these technologies in the total global energy supply increased by approximately 0.4%, reaching 5.5%. Also, the amount of electricity generated by wind increased by 265 TWh (an increase of 14%), the second-largest growth of all power generation technologies. Wind remained the leading renewable technology, generating over 2100 TWh in 2022. 

Governments of various countries are taking initiatives to increase wind farms, including wind power. Wind turbines used to achieve these objectives comes with very advanced features to maintain efficiency and safety. The wind anemometer constantly measures wind speed and transfers the data to the wind turbine's controller, which controls the rotor at a safe speed. Wind anemometers are essential instruments used in the wind energy industry. Hence, the demand for the wind anemometer is increasing with the growing renewable energy sources.

Middle East & Africa Wind Anemometer Market Overview

The wind anemometer market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Maritime, shipping, and navigation are prominent in the Middle East & Africa. Wind anemometers are important tools for marine operations, as wind speed determines wave height. The height of the wave plays an important role in navigation, as larger waves may cause navigation problems for mariners. Various navigation authorities in these regions are experiencing profit. For instance, in April 2022, Dubai maritime and shipping company Gulf Navigation profited by lowering operating expenses. In another instance, in 2021, the UAE launched a local marine weather service with the help of the National Centre of Meteorology, the UAE's official forecaster and center for measuring seismic activity. Also, various players across the Middle East & Africa are launching shipping and navigation services. For instance, in November 2022, A. P. Moller Maersk launched shipping services connecting India-UAE-Saudi Arabia. Thus, shipping and navigation activities in the region propel wind anemometer growth.

Middle East & Africa Wind Anemometer Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Wind Anemometer Market Revenue and Forecast to 2030 (US$ Million)

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Middle East & Africa Wind Anemometer Market Segmentation 

The Middle East & Africa wind anemometer market is segmented based on measuring type, anemometers type, applications, and country.

By measuring type, the Middle East & Africa wind anemometer market is bifurcated into velocity anemometers and pressure anemometers. The velocity anemometers segment held a larger share in 2022. 

Based on anemometers type, the Middle East & Africa wind anemometer market is segmented into mechanical, ultrasonic, and others. The mechanical segment held the largest share in 2022. 

In terms of applications, the Middle East & Africa wind anemometer market is bifurcated into onshore and offshore. The onshore segment held a larger share in 2022. 

Based on country, the Middle East & Africa wind anemometer market is categorized into South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa wind anemometer market in 2022.

Vaisala Oyj, Gill Instruments Ltd, Lambrecht meteo GmbH, Bristol Industrial & Research Associates Ltd, and Campbell Scientific Inc are some of the leading companies operating in the Middle East & Africa wind anemometer market. 

Table of Content

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Wind Anemometers Market Landscape

4.1 Overview

4.2 Ecosystem Analysis

4.2.1 List of Vendors in Value Chain

5. Middle East & Africa Wind Anemometers Market - Key Industry Dynamics

5.1 Middle East & Africa Wind Anemometers Market - Key Industry Dynamics

5.2 Market Drivers

5.2.1 Growing Demand for Renewable Energy Sources

5.2.2 Growing Awareness of Climate Change

5.3 Market Restraints

5.3.1 High Initial Investment and Maintenance Costs

5.3.2 Scarcity of Skilled Professionals

5.4 Market Opportunities

5.4.1 Development Of Advanced and Innovative Wind Anemometers

5.4.2 Increasing in Use of Wind Anemometers in Aviation and Weather Monitoring Applications

5.5 Future Trends

5.5.1 Development of Offshore Wind Farms

5.6 Impact of Drivers and Restraints:

6. Wind Anemometers Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Wind Anemometers Market Revenue (US$ Million), 2022 - 2030

6.2 Middle East & Africa Wind Anemometers Market Forecast and Analysis

7. Middle East & Africa Wind Anemometers Market Analysis - Measuring Type

7.1 Velocity Anemometers

7.1.1 Overview

7.1.2 Velocity Anemometers Market, Revenue and Forecast to 2030 (US$ Million)

7.2 Pressure Anemometers

7.2.1 Overview

7.2.2 Pressure Anemometers Market, Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Wind Anemometers Market Analysis - Anemometers Type

8.1 Mechanical

8.1.1 Overview

8.1.2 Mechanical Market, Revenue and Forecast to 2030 (US$ Million)

8.2 Ultrasonic

8.2.1 Overview

8.2.2 Ultrasonic Market, Revenue and Forecast to 2030 (US$ Million)

8.3 Others

8.3.1 Overview

8.3.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. Middle East & Africa Wind Anemometers Market Analysis - Application

9.1 Onshore

9.1.1 Overview

9.1.2 Onshore Market, Revenue and Forecast to 2030 (US$ Million)

9.2 Offshore

9.2.1 Overview

9.2.2 Offshore Market, Revenue and Forecast to 2030 (US$ Million)

10. Middle East & Africa Wind Anemometers Market - Country Analysis

10.1 Middle East & Africa Wind Anemometers Market Revenue and Forecasts and Analysis - By Country

10.1.1 Middle East & Africa Wind Anemometers Market Revenue and Forecasts and Analysis - By Country

10.1.2 Saudi Arabia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.1 Saudi Arabia Wind Anemometers Market Breakdown by Measuring Type

10.1.2.2 Saudi Arabia Wind Anemometers Market Breakdown by Anemometers Type

10.1.2.3 Saudi Arabia Wind Anemometers Market Breakdown by Application

10.1.3 UAE Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.3.1 UAE Wind Anemometers Market Breakdown by Measuring Type

10.1.3.2 UAE Wind Anemometers Market Breakdown by Anemometers Type

10.1.3.3 UAE Wind Anemometers Market Breakdown by Application

10.1.4 South Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.4.1 South Africa Wind Anemometers Market Breakdown by Measuring Type

10.1.4.2 South Africa Wind Anemometers Market Breakdown by Anemometers Type

10.1.4.3 South Africa Wind Anemometers Market Breakdown by Application

10.1.5 Rest of Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.5.1 Rest of Middle East & Africa Wind Anemometers Market Breakdown by Measuring Type

10.1.5.2 Rest of Middle East & Africa Wind Anemometers Market Breakdown by Anemometers Type

10.1.5.3 Rest of Middle East & Africa Wind Anemometers Market Breakdown by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Vaisala Oyj

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Gill Instruments Ltd

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Lambrecht meteo GmbH

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Bristol Industrial & Research Associates Ltd

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Campbell Scientific Inc

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

 

 

 

List of Tables

Table 1. Middle East & Africa Wind Anemometers Market Segmentation

Table 2. Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Million)

Table 3. Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Million) - Measuring Type

Table 4. Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Million) - Anemometers Type

Table 5. Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Million) - Application

Table 6. Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Country

Table 7. Saudi Arabia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Measuring Type

Table 8. Saudi Arabia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Anemometers Type

Table 9. Saudi Arabia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Application

Table 10. UAE Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Measuring Type

Table 11. UAE Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Anemometers Type

Table 12. UAE Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Application

Table 13. South Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Measuring Type

Table 14. South Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Anemometers Type

Table 15. South Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Application

Table 16. Rest of Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Measuring Type

Table 17. Rest of Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Anemometers Type

Table 18. Rest of Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn) - By Application

Table 19. List of Abbreviation

 

List of Figures

Figure 1. Middle East & Africa Wind Anemometers Market Segmentation, By Country

Figure 2. Ecosystem: Middle East & Africa Wind Anemometers Market

Figure 3. Impact Analysis of Drivers and Restraints

Figure 4. Middle East & Africa Wind Anemometers Market Revenue (US$ Million), 2022 - 2030

Figure 5. Middle East & Africa Wind Anemometers Market Share (%) - Measuring Type, 2022 and 2030

Figure 6. Velocity Anemometers Market Revenue and Forecasts to 2030 (US$ Million)

Figure 7. Pressure Anemometers Market Revenue and Forecasts to 2030 (US$ Million)

Figure 8. Middle East & Africa Wind Anemometers Market Share (%) - Measuring Type, 2022 and 2030

Figure 9. Mechanical Market Revenue and Forecasts to 2030 (US$ Million)

Figure 10. Ultrasonic Market Revenue and Forecasts to 2030 (US$ Million)

Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)

Figure 12. Middle East & Africa Wind Anemometers Market Share (%) - Application, 2022 and 2030

Figure 13. Onshore Market Revenue and Forecasts to 2030 (US$ Million)

Figure 14. Offshore Market Revenue and Forecasts to 2030 (US$ Million)

Figure 15. Middle East & Africa Wind Anemometers Market, by Key Country - Revenue (2022) (US$ Million)

Figure 16. Wind Anemometers Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 17. Saudi Arabia Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 18. UAE Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 19. South Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 20. Rest of Middle East & Africa Wind Anemometers Market Revenue and Forecasts to 2030 (US$ Mn)

1. Vaisala Oyj

 

2. Gill Instruments Ltd

3. Lambrecht meteo GmbH

4. Bristol Industrial & Research Associates Ltd

5. Campbell Scientific Inc

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa wind anemometer market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa wind anemometer market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
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