Market Overview:
The global rain-light humidity sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the growing awareness about safety features in these vehicles. In addition, the increasing demand for comfort and luxury features in passenger vehicles is also contributing to the growth of this market. The global rain-light humidity sensor market can be segmented on the basis of type into flow type, electrostatic type, piezoelectric type, and infrared type. The flow type segment is expected to account for a major share of the global rain-light humidity sensor market during the forecast period owing to its high accuracy and reliability. The electrostatic type segment is projected to grow at a high CAGR during the forecast period due its low power consumption as compared with other types of sensors available in this market. On basis application ,the Passenger Vehicle sector dominates Global Rain -Light Humidity Sensor Market by value .This Application Segment accounted more than 60% Market Share Globally in 2017 .Whereas Commercial Vehicle Sector will experience highest Growth Rate over Forecast Period .
Product Definition:
A rain-light humidity sensor is a device that measures the amount of water vapor in the air. This information can be used to track weather conditions and predict weather patterns.
Flow Type:
The flow type is a technique to measure the liquid or gas volume using a device that has one-way valves attached to it. The basic principle of this system is based on Archimedes' principle, which states that an object submerged in water will rise up as long as the amount of water entering the container is less than the amount of water leaving through the outlet. This method can be used for measuring liquids and gases with ease.
Electrostatic Type:
The electrostatic type is used in the construction of a humidity sensor. It consists of an electrolytic solution that generates and detects charges on a substrate by means of anions and cations. The charges are attracted to the surface by dust or other charged particles present in the air, which makes it necessary to have a grounded metal plate as one of the electrodes.
Application Insights:
The passenger vehicle segment dominated the global market in terms of revenue share in 2017. Rising income levels and consumer demand for vehicles are expected to drive the demand for rain-light humidity sensors over the forecast period. The commercial vehicle segment is also anticipated to witness significant growth over the forecast period owing to rising industrialization, urbanization, and transportation infrastructure development across developing countries such as India and China.
Rising awareness among consumers regarding fuel efficiency is expected to have a positive impact on industry growth over the forecast period. In addition, stringent government regulations regarding reduction of vehicular emissions coupled with increasing investments by automotive manufacturers in R&D activities pertaining to electric vehicles is projected to propel industry expansion at a CAGR of XX% from 2018to 2030 ¢â‚¬Å“ according Rain-Light Technologies Co., Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for passenger cars, especially in China and India, which are among the largest automotive markets globally. This trend is projected to continue over the next eight years, thereby driving regional growth.
The growing adoption of electric vehicles across various countries including France, U.K., Germany and Norway on account of rising concerns regarding air pollution is anticipated to drive product demand in Europe during the forecast period.
North America accounted for a significant share of revenue generated by rain-light humidity sensor market owing to presence of prominent players such as Maxim Integrated Products Inc.; Texas Instruments Inc.; Analog Devices Inc.; National Semiconductor Corporation; Silicon Lab Ltd; A&E Technology Co.
Growth Factors:
- Increasing demand for smart homes and buildings
- Rising awareness about the benefits of using humidity sensors
- Growing popularity of IoT-based solutions
- Proliferation of connected devices and sensors
- Advances in sensor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Rain-light Humidity Sensor Market Research Report
By Type
Flow Type, Electrostatic Type, Piezoelectric Type, Infrared Type
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Valeo, Hella, TRW, Beijing Jingwei Hirain Technologies Co., Inc., Volkswagen, Mitsubishi
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Rain-light Humidity Sensor Market Report Segments:
The global Rain-light Humidity Sensor market is segmented on the basis of:
Types
Flow Type, Electrostatic Type, Piezoelectric Type, Infrared Type
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
Passenger Vehicle, Commercial Vehicle
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:
- Valeo
- Hella
- TRW
- Beijing Jingwei Hirain Technologies Co., Inc.
- Volkswagen
- Mitsubishi
Highlights of The Rain-light 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:
- Flow Type
- Electrostatic Type
- Piezoelectric Type
- Infrared Type
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Rain-light 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 rain-light humidity sensor is a type of humidity sensor that uses light to measure the moisture in the air. This type of humidity sensor is often used in environmental monitoring applications, such as tracking changes in moisture levels inside buildings or monitoring crop growth.
Some of the key players operating in the rain-light humidity sensor market are Valeo, Hella, TRW, Beijing Jingwei Hirain Technologies Co., Inc., Volkswagen, Mitsubishi.
The rain-light 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 Rain-light 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 Rain-light Humidity Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rain-light 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 Rain-light 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 Rain-light Humidity Sensor Market Size & Forecast, 2020-2028
4.5.1 Rain-light Humidity Sensor Market Size and Y-o-Y Growth
4.5.2 Rain-light Humidity Sensor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Flow Type
5.2.2 Electrostatic Type
5.2.3 Piezoelectric Type
5.2.4 Infrared Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rain-light 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 Rain-light 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Flow Type
9.6.2 Electrostatic Type
9.6.3 Piezoelectric Type
9.6.4 Infrared Type
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Flow Type
10.6.2 Electrostatic Type
10.6.3 Piezoelectric Type
10.6.4 Infrared Type
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Flow Type
11.6.2 Electrostatic Type
11.6.3 Piezoelectric Type
11.6.4 Infrared Type
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Flow Type
12.6.2 Electrostatic Type
12.6.3 Piezoelectric Type
12.6.4 Infrared Type
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Flow Type
13.6.2 Electrostatic Type
13.6.3 Piezoelectric Type
13.6.4 Infrared Type
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Rain-light Humidity Sensor Market: Competitive Dashboard
14.2 Global Rain-light Humidity Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valeo
14.3.2 Hella
14.3.3 TRW
14.3.4 Beijing Jingwei Hirain Technologies Co., Inc.
14.3.5 Volkswagen
14.3.6 Mitsubishi
