Market Overview:
The global humidity sensor market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for humidity sensors in various applications such as printing, textile, cement, food processing, mining, and automation among others. Additionally, the growing demand for absolute humidity sensors is also contributing to the growth of this market. North America dominates the global humidity sensor market and is expected to continue its dominance during the forecast period.
Product Definition:
A humidity sensor is a device that measures the level of humidity in the air. The importance of humidity sensors lies in their ability to help control and monitor conditions such as air quality, moisture levels, and comfort levels.
Relative Humidity Sensor:
Relative humidity sensor is a device that measures the relative humidity in the air. It does not require any power source to work and it can be used in both indoor and outdoor environments. The technology used in these sensors has evolved over time, from simple capacitive sensors to more advanced thermal conductivity or resistance based sensors.
Absolute Humidity Sensor:
Absolute humidity sensor measures the total amount of water vapor in the air, not just relative humidity. It is used to measure dew point and ambient air temperature. Absolute Humidity Sensor can be used for industrial applications such as food processing, pharmaceuticals, paper & pulp and mining among others.
Application Insights:
The global humidity sensor market is segmented on the basis of application into printing, textile, cement, food processing, mining automation and pharmaceutical. The printing application led the market in 2017 and is projected to maintain its dominance over the forecast period. This can be attributed to factors such as high product demand from packaging industry for use in various applications including paper boarding and corrugated boxes.
The textile industry also plays a significant role in propelling demand for HVAC systems owing to rising awareness regarding comfort among end-users of products such as clothing and bedding. In addition, increasing consumer spending on apparel that offer enhanced comfort due to higher levels of moisture vapor transmission (MVT) are expected drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to the increasing demand for humidity sensors in various applications including printing, textile, cement and food processing. The region is anticipated to witness significant growth due to rising population along with rapid urbanization and industrialization in countries such as China, India and Japan among others.
The Asia Pacific region has been witnessing strong economic growth over the past few years which has led towards an increase in construction activities across all sectors including manufacturing industries, mining operations as well as other end-user industries that use humidity sensors. These factors are anticipated contribute towards regional market growth during the forecast period.
Growth Factors:
- Increasing demand for humidity sensors in HVAC systems for accurate and efficient humidity control
- Rising awareness about the benefits of using humidity sensors in various industrial applications
- Growing popularity of smart homes and buildings, which is driving the demand for advanced humidity sensing technologies
- Proliferation of Internet of Things (IoT) devices that require reliable and accurate humidity sensing capabilities
- Rapid advancements in sensor technology that are making low-cost and high-performance humidity sensors more accessible to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Humidity Sensor Market Research Report
By Type
Relative Humidity Sensor, Absolute Humidity Sensor
By Application
Printing, Textile, Cement, Food Processing, Mining, Automation, Pharmaceutical
By Companies
Analog Devices, Honeywell, Infineon Technologies, NXP Semiconductors, Robert Bosch, STMicroelectronics, Analog Devices
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Humidity Sensor Market Report Segments:
The global Humidity Sensor market is segmented on the basis of:
Types
Relative Humidity Sensor, Absolute Humidity Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Printing, Textile, Cement, Food Processing, Mining, Automation, Pharmaceutical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Analog Devices
- Honeywell
- Infineon Technologies
- NXP Semiconductors
- Robert Bosch
- STMicroelectronics
- Analog Devices
Highlights of The Humidity Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Relative Humidity Sensor
- Absolute Humidity Sensor
- By Application:
- Printing
- Textile
- Cement
- Food Processing
- Mining
- Automation
- Pharmaceutical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Humidity Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A humidity sensor is a device that measures the amount of moisture in the air. This information can be used to calculate relative humidity levels and to provide alerts when conditions become too dry or humid.
Some of the major companies in the humidity sensor market are Analog Devices, Honeywell, Infineon Technologies, NXP Semiconductors, Robert Bosch, STMicroelectronics, Analog Devices.
The humidity sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Humidity Sensor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Humidity Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Humidity Sensor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Humidity Sensor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Humidity Sensor Market Size & Forecast, 2018-2028 4.5.1 Humidity Sensor Market Size and Y-o-Y Growth 4.5.2 Humidity Sensor Market Absolute $ Opportunity
Chapter 5 Global Humidity Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Humidity Sensor Market Size Forecast by Type
5.2.1 Relative Humidity Sensor
5.2.2 Absolute Humidity Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Humidity Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Humidity Sensor Market Size Forecast by Applications
6.2.1 Printing
6.2.2 Textile
6.2.3 Cement
6.2.4 Food Processing
6.2.5 Mining
6.2.6 Automation
6.2.7 Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Humidity Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Humidity Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Humidity Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Humidity Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Humidity Sensor Market Size Forecast by Type
9.6.1 Relative Humidity Sensor
9.6.2 Absolute Humidity Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Humidity Sensor Market Size Forecast by Applications
9.10.1 Printing
9.10.2 Textile
9.10.3 Cement
9.10.4 Food Processing
9.10.5 Mining
9.10.6 Automation
9.10.7 Pharmaceutical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Humidity Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Humidity Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Humidity Sensor Market Size Forecast by Type
10.6.1 Relative Humidity Sensor
10.6.2 Absolute Humidity Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Humidity Sensor Market Size Forecast by Applications
10.10.1 Printing
10.10.2 Textile
10.10.3 Cement
10.10.4 Food Processing
10.10.5 Mining
10.10.6 Automation
10.10.7 Pharmaceutical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Humidity Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Humidity Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Humidity Sensor Market Size Forecast by Type
11.6.1 Relative Humidity Sensor
11.6.2 Absolute Humidity Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Humidity Sensor Market Size Forecast by Applications
11.10.1 Printing
11.10.2 Textile
11.10.3 Cement
11.10.4 Food Processing
11.10.5 Mining
11.10.6 Automation
11.10.7 Pharmaceutical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Humidity Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Humidity Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Humidity Sensor Market Size Forecast by Type
12.6.1 Relative Humidity Sensor
12.6.2 Absolute Humidity Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Humidity Sensor Market Size Forecast by Applications
12.10.1 Printing
12.10.2 Textile
12.10.3 Cement
12.10.4 Food Processing
12.10.5 Mining
12.10.6 Automation
12.10.7 Pharmaceutical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Humidity Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Humidity Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Humidity Sensor Market Size Forecast by Type
13.6.1 Relative Humidity Sensor
13.6.2 Absolute Humidity Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Humidity Sensor Market Size Forecast by Applications
13.10.1 Printing
13.10.2 Textile
13.10.3 Cement
13.10.4 Food Processing
13.10.5 Mining
13.10.6 Automation
13.10.7 Pharmaceutical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Humidity Sensor Market: Competitive Dashboard
14.2 Global Humidity Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analog Devices
14.3.2 Honeywell
14.3.3 Infineon Technologies
14.3.4 NXP Semiconductors
14.3.5 Robert Bosch
14.3.6 STMicroelectronics
14.3.7 Analog Devices