Report : Doppler Wind Lidar System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Compact Doppler Wind Lidar and Large Doppler Wind Lidar), Installation Type (Ground-based and Airborne), and Application (Air Traffic Safety Monitoring, Wind Power Measurement, and Weather and Climate)
According to our latest market study on “Doppler Wind Lidar System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Installation Type, and Application,” the market was valued at US$ 716.68 million in 2021 and is projected to reach US$ 1176.44 million by 2028; it is expected to grow at a CAGR of 7.3% from 2021 to 2028.
Rising Adoption of Technologically Advanced System Among Airports to Drive Market Growth during Forecast Period
Turbulence and wind shear are unseen dangers that can occur at any airport. Doppler wind lidar systems help monitor and measure wind at and near the airport environment. These systems are also used in the aerospace sector to improve long-range wind awareness. Vaisala provides wind lidar solutions that provide accurate and real-time wind awareness for a variety of applications, which enhance an airport's safety, efficiency, and decision-making skills. WindCube, which is integrated with lidar technologies, addresses the weather risks at or around the airport. It also delivers 3D wind contextual information beyond the airport environment, wind profiling up to the boundary layer, and the detection of wind inversions. WindCube also enables the automated reporting of wind shear warnings and alarms, and unequaled operational awareness of wind shear at an airport, when combined with AviMet, a comprehensive aviation weather system. Thus, airports adopt such advanced solutions to reduce the risk of turbulences and other wind phenomena, which drives the growth of the global doppler wind lidar system market.
In 2020, the world economy suffered significant consequences, and the effects are expected to endure to some extent. The outbreak has led to disruptions in primary industries including electronics, semiconductor, and automotive. A sharp decline in the growth of mentioned industries is limiting the doppler wind lidar system market growth. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have impacted the working of many commercial and corporate buildings across the world.
Key Findings of Study:
The global doppler wind lidar system market is segmented into five major regions-North America, Europe, APAC, MEA, and SAM. The doppler wind lidar system market is segmented based on type, installation type, application, and geography. Based on type, the global doppler wind lidar system market is segmented into compact doppler wind lidar and large doppler wind lidar. In 2020, the compact doppler wind lidar segment led the doppler wind lidar system market and accounted for a larger market share. Based on installation, the doppler wind lidar system market is segmented into ground-based and airborne. In 2020, the ground-based segment led the doppler wind lidar system segment accounted for a larger share in the market. Based on application, the doppler wind lidar system market is segmented into air traffic safety monitoring, wind power measurement, and weather and climate. In 2020, the wind power measurement segment led the doppler wind lidar system market and accounted for the largest market share.