(IT-NEWSWIRE.COM, January 12, 2019 ) Government around the world is investing millions of dollars in wind farm projects, wind power is coming up as one of the best alternative to meet the future energy requirement of the world in a sustainable manner. Being highly expensive, these wind projects require very effective wind measurement systems to measure the wind speed to increase the outputs and this is where Wind LiDAR comes in role. Wind LiDAR is a remote sensing technology which measures the speed and direction of the wind with the help of low noise laser lights accurately.
The "Global Wind LiDAR Market Analysis to 2025" is a specialized and in-depth study of the wind LiDAR industry with a focus on the global market trend. The report aims to provide an overview of global wind LiDAR market with detailed market segmentation by type, component, application and geography. The global wind LiDAR market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the wind LiDAR market.
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Some of the key players influencing the market are Firmatek, Windar Photonics, Faro Technology, ZephIR, SgurrEnergy, Leosphere, Avent, Lockheed Martin, Mitsubishi Electric, Windar Photonics and Pentalum among others.
Need of effective and accurate wind measurement systems, increasing publics and private sectors investment towards new wind farm projects, along with raising awareness regarding LIDAR technology will come up as some of the major driving factor for the wind LiDAR market. However, oscillating prices of raw material related to wind energy and use of costly components in LiDAR systems may restrain the market growth. Meanwhile increasing hud height and increasing adoption of LiDAR technology will bring new opportunities for wind LiDAR market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wind LiDAR market based on by type, component, and application. It also provides market size and forecast till 2025 for overall wind LiDAR market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the wind LiDAR market in these regions.
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Also, key wind LiDAR market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The Insight Partners