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Global Humidity Sensor Market - Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Humidity Sensor Market, By Type (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, and Others) – Industry Trends and Forecast to 2029

Humidity Sensor Market

Market Analysis and Size

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.

  • Humidity sensors 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.

Market Definition

Humidity is used in a wide range of commercial and industrial applications, such as environmental chambers for the testing of electronics, industrial drying, building ventilation control, clean rooms in the semiconductor and automotive industries, and process monitoring in the electronics, pharmaceutical, food/beverage, and cosmetics, among others.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Forecast Period

2022 - 2029

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (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, and Others)

Countries Covered

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)

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)

COVID-19 had a Major Impact on Humidity Sensor Market

COVID-19 has a major impact on the humidity sensor market. The factories in several countries witnessed shut downs in the initial stages of the pandemic as the government’s implemented strict lockdowns in order to prevent the spread of the virus. In the post-pandemic, the lockdowns are lifted and restrictions are eased. Numerous are being allowed to resume factory operations but at a limited capacity that use humidity sensor.

The Market Dynamics of the Humidity Sensor Market Include:

  • Adoption of Sensors for Various Applications

The rise in the adoption of these sensors for moisture-sensitive applications in industries, including food and beverages, textile, and healthcare, among others, is one of the major factors driving the growth of the humidity sensor market.

  • Demand for Contactless Sensors

The increase in demand for contactless sensors deployed in potentially hazardous environments, including places exposed to radiation, accelerates the market growth.

  • Use in Household Applications

The deployment of the humidity sensors in household applications, such as air purifiers, air conditioners, smoke alarms, and smart thermostats further influences the market.

Additionally, rapid industrialization, surge in investments and development of manufacturing sectors positively affect the humidity sensor market.

  • Use of Microelectromechanical Systems (MEMS)

The increase in the demand for humidity sensor solutions based on MEMS technology for sensing applications extends profitable opportunities to the market players in the forecast period of 2022 to 2029.

Restraints/Challenges faced by the Humidity Sensor Market

  • High Cost

High cost associated with the systems and installations are expected to obstruct market growth.

  • Technical Limitations

The increase in the need to improve technical specifications of humidity sensor is projected to challenge the humidity sensor market in the forecast period of 2022-2029.

This humidity sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the humidity sensor market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.

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

The radar market is segmented on the basis of type, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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.

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.   

Competitive Landscape and Humidity Sensor Market Share Analysis

The humidity sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the humidity sensor market.

Some of the major players operating in the humidity sensor market are 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), among others.

Research Methodology : Global Humidity Sensor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Expert Analysis, Import/Export Analysis, Pricing Analysis, Production Consumption Analysis, Climate Chain Scenario, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available : Global Humidity Sensor Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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