Humidity Sensor Market Growth and Forecast by 2029
The Humidity Sensors Market are known to sense the levels of moisture present in the air in real-time with high accuracy. Global humidity sensor market was valued at USD 4.68 billion in 2021 and is expected to reach USD 8.79 billion by 2029, registering a CAGR of 8.20% during the forecast period of 2022-2029. The automotive sector accounts for the largest segment in the end-use industry. This is due to the high adoption of these sensors to ensure that air inside the car is optimally regulated.
A humidity sensor refers to an electronic component that assists in sensing, measuring and reporting water vapor and air temperature. The humidity sensor monitors environmental conditions and alerts the user of any alarming conditions. These sensors are widely deployed in food and beverage, plastic and polymer, buildings and constructions.
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Market Players Covered
Honeywell International Inc (US), TE Connectivity (Switzerland), STMicroelectronics (Switzerland), Littelfuse Inc., (US), Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Technologies (UK), Analog Devices Inc., (US), NXP Semiconductors (Netherlands), Sensata Technologies Inc., (US), Infineon Technologies AG (Germany), DENSO CORPORATION (Japan), Autoliv Inc., (Sweden), Texas Instruments Incorporated (US), and Hitachi Astemo, Ltd., (Japan).
Recent Development
- Avnet, Inc. (the US) launched the HoriZone RA development kit in January’2021. The kit allows proof-of-concept designs edge-to-cloud Internet of Things (IoT) applications that require secure communications.
- Soiltech Wireless Inc. announced the expansion of the functionality of its soil moisture sensor with humidity, location, temperature, and impacts in December’2020.
Global Humidity Sensor Market Scope
Type
- Absolute Humidity Sensor
- Relative Humidity Sensor
- Optical Hygrometer
- Oscillating Hygrometer
- Gravimetric Hygrometer
On the basis of type, the humidity sensor market is segmented into absolute humidity sensor, relative humidity sensor, optical hygrometer, oscillating hygrometer, and gravimetric hygrometer.
End User
- Automotive
- Pharmaceutical and Healthcare
- Industrial
- Building Automation and Domestic Appliances
- Food and Beverages
- Environmental, Agriculture
- Others
On the basis of end user, the humidity sensor market is segmented into automotive, pharmaceutical and healthcare, industrial, building automation and domestic appliances, food and beverages, environmental, agriculture, and others.
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Humidity Sensor Market Regional Analysis/Insights
The humidity sensor market is analyzed and market size insights and trends are provided by country, type, and end user.
The countries covered in the humidity sensor market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the humidity sensor market because of the adoption of air quality monitoring systems with integrated humidity sensor solutions.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to various countries' regulatory agencies and governments.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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