According to IMARC Group’s latest report, titled “Humidity Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global humidity sensor market reached a value of US$ 996.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,534.8 Million by 2027, exhibiting a CAGR of 7.66% during 2022-2027.
A humidity sensor refers to an electronic device that is generally used to measure the amount of moisture present in the environment. It is usually equipped with metallic plates that are coated with non-conductive polymer films and electrodes manufactured using metals. Some of the commonly utilized humidity sensors include thermal, capacitive, and resistive sensors that are widely installed in automobiles, medical devices and heating, ventilation and air conditioning (HVAC) appliances.
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Humidity Sensor Market Trends:
The global market is primarily driven by the widespread deployment of humidity sensors in automobiles. They are increasingly used to provide comfort to the driver and passengers by preventing windscreen fogging and managing the humidity levels in an effective manner, which is creating a positive outlook for the market. Furthermore, the widespread integration of the Internet of Things (IoT) technology with humidity sensor devices to support automatic reading and controlling of humidity in an enclosed space is propelling the market growth. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are also positively influencing the market growth.
Humidity Sensor Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global humidity sensor market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Amphenol Corporation
- Analog Devices Inc.
- DENSO Corporation
- Hitachi Ltd.
- Honeywell International Inc.
- Infineon Technologies AG
- Robert Bosch GmbH
- Sensata Technologies Inc.
- Sensirion Holding AG
- STMicroelectronics
- TE Connectivity
- Texas Instruments Incorporated.
Key Market Segmentation:
Breakup by Type:
- Digital
- Analog
Breakup by Product:
- Relative Humidity Sensors
- Absolute Humidity Sensors
Breakup by Material:
- Semiconducting Metal Oxides
- Polymer-based
- Ceramic Sensing
- Others
Breakup by End Use:
- Automotive
- Pharmaceutical and Healthcare
- Building Automation and Domestic Appliances
- Food and Beverages
- Environmental
- Agriculture
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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