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Global Humidity Sensor Market: By Product: Relative Humidity Sensor, Absolute Humidity Sensor; By Type: Digital, Analogue; By End Use: Residential, Commercial, Automotive, Industrial, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Humidity Sensor Market Outlook
The global humidity sensor market attained a value of about USD 4.7 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 14.2% to reach nearly USD 10.4 billion by 2026.
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Rising Use of Humidity Sensors in Automobiles Boosting the Market Growth of Humidity Sensor
The incorporation of advanced HVAC systems in automobiles to control temperatures as well as improve the overall efficiency of automobiles is increasing the use of humidity sensors to calculate the dew point temperature of the interior air. The rising popularity of automatic temperature control (ATC) systems that can adjust the climate of a vehicle in accordance with the temperature set by the user is increasing the use of humidity sensors. In addition, they can efficiently regulate the volume of air projected on windows and prevent mist on windows. Various superior humidity sensors can also measure the temperature of windshields and side windows remotely by using infrared sensor technology, which is providing impetus to the market growth.
The rapid electrification of the automotive industry is also surging the demand for humidity sensors. As electric vehicles (EV) and hybrid electric vehicles are becoming increasingly popular, the demand for battery management systems is significantly growing. Humidity sensors are a crucial component of battery management systems as they boost the security of electric vehicles by monitoring the current, voltage, humidity, and temperature of lithium-ion batteries. They also prevent short circuits of electric vehicles operated in humid weather conditions by monitoring and ventilating the amount of humidity accumulated in batteries. Moreover, they initiate the ventilation process only when the humidity level surpasses the threshold, therefore minimising power consumption and improving the overall efficiency of electric vehicles, consequently augmenting the industry growth for humidity sensor.
Humidity Sensor: Market Segmentation
A humidity sensor, variously known as a hygrometer, is a device that measures and detects the amount of humidity to control humidity of an interior environment. It is extensively used in various applications in production facilities in major industries such as food and beverages to enhance the shelf life of products while controlling humidity during the production process.
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The major products of humidity sensor are:
- Relative Humidity Sensor
- Relative Humidity Sensor
- Relative Humidity and Temperature Sensor
- Absolute Humidity Sensor
The market can be broadly categorised on the basis of its types into:
- Digital
- Analogue
Based on end uses, the market is divided into:
- Residential
- Commercial
- Automotive
- Industrial
- Agricultural
- Weather Station
- Healthcare
The EMR report looks into the regional markets of humidity sensor like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Adoption of Technological Tools to Improve Productivity in the Agricultural Sector to Bolster the Market Growth
The robust growth of the agricultural industry is propelling the market growth of humidity sensor. The rising demand for high yield and profitability in the industry is increasing the adoption of various tools, technology, and techniques by farmers to improve productivity. Moreover, the rapid climate change is surging thoughtfulness regarding the use of natural resources such as water. This is increasing the use of humidity sensors that determine water levels and aid in reducing costs. In addition, they can enable farmers to irrigate efficiently by customising the frequency and intensity of water to retain all the nutrients of crops, hence invigorating the market growth of humidity sensor.
The rising popularity of precision agriculture integrating the latest technologies in crop production is leading to various research and development (R&D) activities to increase the efficiency of humidity sensors. The development of smart humidity sensors that can determine the moisture content accurately and precisely while processing and transmitting a vast amount of data is projected to fuel the growth of the humidity sensor industry. Smart humidity sensors have a pre-acquired memory map that can display the calibrated reading of soil water tension. This rising use of wireless, sustainable and smart humidity sensors in precision agriculture, hydrology, civil engineering, and forestry is significantly escalating, which is anticipated to augment the growth of the humidity sensor industry.
Key Industry Players in the Global Humidity Sensor Market
The report presents a detailed analysis of the following key players in the global humidity sensor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- TE Connectivity Corporation
- Honeywell International Inc.
- Guangzhou Aosong Electronics Co., Ltd.
- Renesas Electronics Corporation
- Amphenol Corporation
- Texas Instruments Incorporated
- Sensirion AG Switzerland
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Type, End Use, Region |
| Breakup by Product | Relative Humidity Sensor, Absolute Humidity Sensor |
| Breakup by Type | Digital, Analogue |
| Breakup by End Use | Residential, Commercial, Automotive, Industrial, Agricultural, Weather Station, Healthcare |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | TE Connectivity Corporation, Honeywell International Inc., Guangzhou Aosong Electronics Co., Ltd., Renesas Electronics Corporation, Amphenol Corporation, Texas Instruments Incorporated, Sensirion AG Switzerland, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Humidity Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Humidity Sensor Historical Market (2018-2022)
8.3 Global Humidity Sensor Market Forecast (2023-2028)
8.4 Global Humidity Sensor Market by Product
8.4.1 Relative Humidity Sensor
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.3.1 Relative Humidity Sensor
8.4.1.3.2 Relative Humidity and Temperature Sensor
8.4.2 Absolute Humidity Sensor
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Humidity Sensor Market by Type
8.5.1 Digital
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Analogue
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Humidity Sensor Market by End Use
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Automotive
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Industrial
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Agricultural
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Weather Station
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Healthcare
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2022)
8.6.7.3 Forecast Trend (2023-2028)
8.7 Global Humidity Sensor Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code:9026)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 TE Connectivity Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Honeywell International Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Guangzhou Aosong Electronics Co., Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Renesas Electronics Corporation
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Amphenol Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Texas Instruments Incorporated
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Sensirion AG Switzerland
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Humidity Sensor Market: Key Industry Highlights, 2018 and 2028
2. Global Humidity Sensor Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Humidity Sensor Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Humidity Sensor Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Humidity Sensor Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Humidity Sensor Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Humidity Sensor Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Humidity Sensor Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Humidity Sensor Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Humidity Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Humidity Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Humidity Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Humidity Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Humidity Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Humidity Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Humidity Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Humidity Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Humidity Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Humidity Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Major Importing Countries by Volume (2020)
21. Major Exporting Countries by Volume (2020)
22. Major Importing Countries by Value (2020)
23. Major Exporting Countries by Value (2020)
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Humidity Sensor Market Structure
Key Questions Answered in the Report
In 2020, the global humidity sensor market attained a value of nearly USD 4.7 billion.
The market is projected to grow at a CAGR of 14.2% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 10.4 billion by 2026.
The market is being aided by the rising demand for HVAC systems in automobiles and the surging use of humidity sensor in battery management systems in electric vehicles.
The industry is expected to be driven by the growing integration of various tools such as humidity sensor in agriculture and the increasing use of smart humidity sensors for precise and effective measurement and control.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various products of humidity sensor are relative humidity sensor and absolute humidity sensor.
The major types of humidity sensor in the industry are digital and analogue.
The significant end uses in the market are residential, commercial, automotive, industrial, agricultural, weather station, and healthcare.
The major players in the industry are TE Connectivity Corporation, Honeywell International Inc., Guangzhou Aosong Electronics Co., Ltd., Renesas Electronics Corporation, Amphenol Corporation, Texas Instruments Incorporated, and Sensirion AG Switzerland, among others.
Analyst Review
The global humidity sensor market attained a value of nearly USD 4.7 billion in 2020, driven by the rising use of humidity sensors in automobiles. Aided by the growing demand for smart humidity sensor for effective and precise measurement, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 14.2%. The market is projected to reach about USD 10.4 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By products, the market is categorised into relative humidity sensor and absolute humidity sensor. Based on its types, the humidity sensor industry can be segmented into digital and analogue. On the basis of end uses, the industry is divided into residential, commercial, automotive, industrial, agricultural, weather station, and healthcare. The major regional markets for humidity sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include TE Connectivity Corporation, Honeywell International Inc., Guangzhou Aosong Electronics Co., Ltd., Renesas Electronics Corporation, Amphenol Corporation, Texas Instruments Incorporated, and Sensirion AG Switzerland, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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