A humidity sensor, popularly known as hygrometer or dew sensor, is used for monitoring, measuring, and detecting the percentage of humidity in the air. Report, published by Market Research Future (MRFR), on the global humidity sensor market, claims that this market could witness an increase at 15% CAGR between 2017 and 2023. By value, the market can be worth the USD 1.88 Bn by the end of the forecast period.
The elementary factor pushing up the global humidity sensor market growth is the wide use of humidity sensors in different processing sectors that include chemical, metal, refineries, and other industries where heating systems like boiler or furnaces are used. The humidity sensor can measure the oxygen content responsible for the moisture in the air that can help people working in factories to lower the temperature around the furnace. In the agriculture sector, the humidity sensors are used for measuring precise moisture content for crops during the implementation of drip irrigation. Other factors subsidizing the market growth are high efficiency and low power consumption rate.
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Market Segmentation
The global humidity sensor market segmentation is founded on application, material type, and measuring unit. MRFR’s take on the market provides a deep-diving look into the market.
The application-based segmentation of this humidity sensor market covers agriculture, cement, food processing industry, mining, pharmaceuticals, printing & textile, and others.
By material type, the humidity sensor market has been segmented into bulk ALO3, bulk thermoplastic, lithium chloride film, thermoplastic polymer, and thermo-set polymer.
Based on the measuring unit, the humidity sensor market has been segmented into humidity sensor, absolute humidity sensor, relative humidity sensor, and others. The absolute humidity sensor has been sub-segmented into the mirror-based sensor and solid moisture. The relative humidity sensor has been sub-segmented into capacitive humidity sensors, electrical conductivity (or resistive) humidity sensors, and thermal conductivity humidity sensors. The “others” segment covers gravimetric hygrometer, optical hygrometer, and oscillating hygrometer.
Regional Segmentation
A geographical outlining of Humidity Sensor Market encompasses North America, Europe, Asia Pacific, and Rest of the World (RoW).
During the forecast period, North America and Europe are expected to experience significant market growth. Both of these regions have the advanced infrastructure in the industrial sector. The growing requirement for energy-efficient sensors for providing better analysis of the moisture control is propelling the market growth in both regions. Most of the important market players are also based on these two continents. In North America, maximum revenue-generating companies are the USA and Canada. In Europe, such countries are France, Germany, and the UK.
During the forecast period, the Asia Pacific region can appear as the fastest growing regional market with China, India, and Japan, leading the revenue growth. In this region, the market growth can be attributed to the increasing awareness among the farmers for the production of better quality crops in their fields.
Key Players
Major players in the global humidity sensor market include BEI Sensors (USA), Continental AG (Germany), Custom Sensors & Technologies Inc. (USA), Delphi Corporation (UK), GE Sensing & Inspection Technologies (USA), Hitachi Automotive Systems (Japan), Honeywell International (USA), Infineon Technologies (Germany), Melexis Microelectronic Integrated Systems N.V (Belgium), PCE Instruments (USA), Robert Bosch GmbH (Germany), Sensirion (Switzerland), and Vectron International (Germany).
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