The report of global Pitot tube anemometers market by Type (Portable, Fixed) Application (Boilers, Dryers, Aircraft, HVAC Systems, Ventilation Ducts, Others) Industry (Energy & Utility, Steel, Petrochemical, Aviation, Others) Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of ~3.5% during a forecast period.
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.
Portable Pitot tube anemometers are witnessing the fastest growth at a CAGR of XX%.
The Pitot tube anemometers are available in both fixed and portable types. The portable Pitot tube anemometers are projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of portable or handheld Pitot tube anemometers in outdoor applications such as water sports, boating and sailing for accurate measurement and in affordable range are attributed to the growth of the market.
North America is witnessing the fastest growth at a CAGR of XX%.
North America held the largest market share in 2019 and is expected to witness fast growth at a CAGR of XX% during the forecast period. The US and Canada are dominating the market. This is owing to the large scale adoption of Pitot tube anemometers in aerospace and defense industry. Also, vast existence of Pitot tube anemometers manufacturing companies across the region is impelling the growth of the market in the NA region.
Europe followed by the Asia Pacific is expected to witness fast growth during the forecast period. The UK, Germany, France and economies such as China, India and Japan are dominating the market in the respective regions. An increasing adoption of pitot tubes for various industrial applications such as to measure gas flow velocities and rising industrialization across the developing economies are propelling the growth of the market in the region.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Pitot Tube Anemometers Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Pitot Tube Anemometers Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global Pitot Tube Anemometers Market positioning of competitors.
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