Humidity Sensors Market Size USD 1.8 Billion by 2023 with Massive Growth Rate of 15%

According to Market Research Future analysis, humidity sensor market has been valued at approximately over USD 1.8 billion growing with a 15% CAGR during the forecast period 2017-2023

Market Highlights:

Humidity sensor is an electronic semiconductor device, used to detect and measure the moisture content in the atmosphere. Humidity sensors are installed for moisture sensitive devices to ensure their smooth functioning. These electronic devices may include high voltage devices, electrostatic sensitive devices, industrial equipment, and electronics.

The humidity sensors are widely used in different processing sectors such as refineries, chemical, metal, and other industries where heating systems such as boiler or furnaces are used. The humidity sensor will measure the oxygen content responsible for the moisture in the air which eventually can lower the temperature around the furnace. Additionally, the humidity sensors play a crucial role in measuring the water content in the agricultural sector. For instance, irrigation methods such as drip irrigation which requires consistent and precise moisture content for crops. Monitoring the moisture content in the soil is largely attributed to better yield and crop quality. Humidity sensors facilitate this monitoring thereby find endless application in agriculture. However, the low power consumption rate and highly efficient sensors are expected to gain better prospects for humidity sensors over the next few years

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The humidity sensor market is categorized as material type, measuring unit, and application.

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

The measuring type segment comprised relative, absolute, and other humidity sensors. The relative sub-segment is further categorized as capacitive humidity sensors, electrical conductivity (or resistive) humidity sensors and thermal conductivity humidity sensors. The absolute 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 segregated as agriculture, food processing industry, mining, cement, printing & textile, pharmaceuticals, and others

Key Players:

Market research future identifies some of the key players of humidity sensor market are 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 Technologiess (U.S.), Custom Sensors & Technologies, Inc. (U.S.), Robert Bosch GmbH (Germany), and 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 market is categorized into four different regions such as North America, Asia Pacific, Europe and the Rest of the World.

North America and Europe expected to have a significant growth the humidity sensor market over forecast period owing to highly advanced industrial and manufacturing infrastructure. Asia Pacific region is expected to be the fastest growing region in humidity sensor market which is attributed to rapidly increasing processing industries in the region. China, India, Japan, and South Korea are the leading countries. Increase in demand for the high efficient and reliable sensor for precise results are expected to drive the demand for the humidity sensors market.

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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.

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This release was published on openPR.