About Humidity Sensor
Humidity sensors are refer as the capacitance sensors that measure the amount of moisture present in air. The information from the sensor both regulates the volume of air projected onto the windows to reduce misting and manages the humidity levels. The humidity sensors offer more advantages than conventional sensors due to low power consumption for their operation, the convenience of installation. It also enhances the transducer operation that includes structure design, sensing elements, fabrication technologies, and the principle of mechanism. However, the increased competition among market players has led to a decrease in market prices of humidity sensors and are considered a major hindrance to the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.2% |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Infineon Technologies (Germany), Continental AG (Germany), BEI Sensors (Sensata Technologies) (United States), PCE Instruments (United States), Honeywell Sensing & Control (United States), Hitachi Automotive Systems (Japan), Delphi Corporation (Ireland), Melexis Microelectronic Integrated Systems N.V (Belgium), Sensirion (Switzerland) and Custom Sensors & Technologies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Robert Bosch GmbH (Germany), Vectron International (Germany) and GE Sensing & Inspection technologies (United States).
Segmentation Overview
AMA Research has segmented the market of Global Humidity Sensor market by Type (Relative Humidity Sensor and Absolute Humidity Sensor), Application (Printing, Textile, Cement, Food Processing and Mining) and Region.
On the basis of geography, the market of Humidity Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Thermo-Set Polymer will boost the Humidity Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Investments in Research & Development
Market Growth Drivers:
Stringent Environmental Regulations to Reduce Air Pollution and Growing Need of Various Moisture-Sensitive Industries
Challenges:
Stringent Performance Requirements of Advanced Sensor Applications
Restraints:
High Cost of Humidity Sensor
Opportunities:
Ongoing Technological Advancements in IoT and Cloud-Based Services and Roles of Remote Sensing Devices and GIS for Real-Time Ambient Air Quality Monitoring
Market Leaders and their expansionary development strategies
In June 2023, iMatrix Systems launched a range of temperature and humidity sensors designed for applications in food storage, transport monitoring, pharmaceuticals, and agriculture.
In June 2021, Texas Instruments introduced new humidity sensors, the HDC3020 and HDC3020-Q1, offering high reliability and built-in resistance to contaminants and harsh environments.
Key Target Audience
Government Research Organization, Private Research Organization, Government Regulatory Bodies, Industry Association, Downstream Vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.