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Humidity Sensor Market | Size, Historical Analysis, Emerging Technologies, Global Trends and Industry | Set For Rapid Growth with 15% of CAGR by Forecast 2023

05-31-2018 12:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Humidity Sensor Market | Size, Historical Analysis, Emerging

Market Scenario:

A humidity sensor, also known as hygrometer or dew sensor, is used to monitor, measure, and detect the percentage of humidity in the air. Additionally, it also measures both moisture and air temperature. By measuring type, the humidity sensor can be categorized as absolute and relative. Relative humidity can be defined as the relationship or ratio of the presence of actual moisture content in the air to the possibility of maximum moisture content that can be sustained at a given temperature. Whereas, absolute humidity calculates the presence of moisture in the air, irrespective of the temperature.

Furthermore, the humidity sensor is extensively used in biomedical, food & beverage, consumer, industrial, agricultural, and environmental applications for detecting, monitoring, and sensing moisture.

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Humidity sensors are categorized based on the type of parameters they calculate, into capacitance, electrical conductivity, and thermal conductivity sensor. Capacitive sensor is developed from an air-filled capacitor. As the humidity in the environment changes, so does the electrical conductivity of the sensor. Additionally, the capacitance-based humidity sensor offers consistent output which ensures the longevity of the sensor. However, the size, cost, and inflexibility of the capacitor-based humidity sensors are the critical areas of concerns.

The Humidity Sensors Market 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.

Global Humidity Sensor Market is expected to reach approximately USD 1.88 billion by 2023 growing at a 15% CAGR over the forecast period 2017-2023

Key Players:

• Infineon Technologies (Germany),
• Continental AG (Germany),
• BEI Sensors (U.S.),
• PCE Instruments (U.S.),
• Honeywell International (U.S.),
• Hitachi Automotive Systems (Japan),
• Delphi Corporation (U.K.),
• Melexis Microelectronic Integrated Systems N.V (Belgium),
• Sensirion (Switzerland),
• GE Sensing & Inspection Technologies (U.S.),
• Custom Sensors & Technologies, Inc. (U.S.),
• Robert Bosch GmbH (Germany),
• Vectron International (Germany).

Segmentation:

The Humidity Sensor market is differentiated by material type, measuring unit, and application.

By material type, the humidity sensor market is sub-segmented as thermo-set polymer, thermoplastic polymer, bulk thermoplastic, bulk ALO3, and lithium chloride film.

The measuring type segment consists of relative humidity sensor, absolute humidity sensor, and others. The relative sub-segment is further divided into capacitive humidity sensors, electrical conductivity (or resistive) humidity sensors, and thermal conductivity humidity sensors. The absolute humidity sensor is sub-segmented as solid moisture and mirror based sensor. The other-type of humidity sensors include optical hygrometer, oscillating hygrometer, and gravimetric hygrometer.

The application based humid sensor is segmented as agriculture, food processing industry, mining, cement, printing & textile, pharmaceuticals, and others

Regional Analysis:

Geographically, the humidity sensor is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.

North America and Europe are presumed to have significant growth in the humidity sensor market. This region is already acquainted with advanced infrastructure in the industrial sector. The need for energy efficient sensors for providing better analysis of the moisture control is surging, expected to be a propelling factor for the humidity sensors market. Asia Pacific is also anticipated to be the fastest growing region in the humidity sensor market over the forecast period. India, Japan, and China are the leading countries in the humidity sensor market. This is attributed to the increasing awareness among the farmers for the production of better quality crops in their fields is driving the demand for humidity sensors in agricultural sector.

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Target Audience:

• Research Firms.
• Government Agencies
• Humidity Sensor Service Providers
• Associations, organizations, forums and alliances related to Humidity

Sensor
• Semiconductor Distributors and vendors
• Agricultural, food processing, and commercial enterprises.

Table of Contents:

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Business Function
Continues...

LIST OF TABLES
Table1 World Population by Major Regions (2017 To 2023)
Table2 Global Humidity Sensor Market: By Region, 2017-2023
Table3 North America Humidity Sensor Market: By Country, 2017-2023
Table4 Europe Humidity Sensor Market: By Country, 2017-2023
Table5 Asia Pacific Humidity Sensor Market: By Country, 2017-2023
Continues...

List of Figures
Figure 1 Global Humidity Sensor Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Humidity Sensor Market
Figure 4 Value Chain of Global Humidity Sensor Market
Figure 5 Share of Global Humidity Sensor Market in 2017, By Country (In %)
Continues...

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Pune – 411028
Maharashtra, India
Phone: +91 841 198 5042
Mail: sales@marketresearchfuture.com

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