advanced development as of the end of the third quarter reached 29,634 MW, a 27% year-over-
year growth and on track to provide 10% of the electricity demands in the U.S. by 2020,
alongside US$ 85 billion in economic activity.
High capital investment and design complexities are some of the major restraints for the
anemometer market. Growing use of anemometer in various industries such as mining and
construction is a major opportunity for the global anemometer market. Concerted R&D efforts by
industry players are focused on developing rotor blades longer than 650 feet for a 50 MW
offshore wind turbine, which is 2.5X longer and is capable to generate over 6X more output than
the largest blades and turbines are now in operation. The Wind Energy Technologies Office
(WETO) working to increase the performance and consistency of next-generation wind
technologies while reducing the cost of wind energy. This research helped increase the average
capacity factor from 22% for wind turbines installed before 1998 to an average of 33% now. Wind
energy costs have reduced from over 55 cents/kilowatt-hour (kWh) in 1980 to an average of 2.35
cents in the U.S.
North America accounted for largest market share in anemometer market, in 2016, followed by
Europe and Asia Pacific respectively. According to GWEC, total wind power installed capacity in
North America was 97,611 MW, in 2016. The U.S. is the leading market for anemometer in North
America, accounting for 82,184 MW wind power installed in 2016, followed by Canada and
Mexico
respectively.
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The US is the second largest market in terms of total installed capacity after China. At the end of
2016, American wind installations capacity totaled over 82 GW, which was enough to power 24
million American households. In Canada 702 MW of new wind capacity came online, making it
the tenth largest annual market. Between 2012 and 2016, Canada’s installed wind energy
capacity has grown by an average of 18 percent annually.
China is the leading market for anemometer in Asia Pacific, due to its China is the global wind
power leader, adding 33 GW of new capacity, followed by Japan, South Korea, Taiwan and India
respectively. The total wind power installed capacity in China was 168,732 MW, in 2016.
According to BNEF, Asia-Pacific and China alone accounted for almost 47% of the total global
investments in clean energy during 2016. The U.A.E, South Africa, Brazil and Argentina are the
dominant markets for anemometer across Middle East, Africa, and Latin America.
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