Humidity Sensor Market Size Witnesses Robust Growth Rate of CAGR 7.4%, Exceeding US$ 1,640 Million by 2028

IMARC Group, a leading market research company, has recently releases report titled "Humidity Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global humidity sensor market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the Humidity Sensor Market?

The global humidity sensor market size reached US$ 1,081 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,640 Million by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.

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What is humidity sensor?

A humidity sensor refers to an electronic device that is generally used to measure the amount of moisture present in the environment. It is usually equipped with metallic plates that are coated with non-conductive polymer films and electrodes manufactured using metals. Some of the commonly utilized humidity sensors include thermal, capacitive, and resistive sensors that are widely installed in automobiles, medical devices and heating, ventilation and air conditioning (HVAC) appliances.

What are the growth prospects and trends in the humidity sensor industry?

The global market is primarily driven by the widespread deployment of humidity sensors in automobiles. They are increasingly used to provide comfort to the driver and passengers by preventing windscreen fogging and managing the humidity levels in an effective manner, which is creating a positive outlook for the market. Furthermore, the widespread integration of the Internet of Things (IoT) technology with humidity sensor devices to support automatic reading and controlling of humidity in an enclosed space is propelling the market growth. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are also positively influencing the market growth.

Humidity Sensor Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global humidity sensor market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Amphenol Corporation
Analog Devices Inc.
DENSO Corporation
Hitachi Ltd.
Honeywell International Inc.
Infineon Technologies AG
Robert Bosch GmbH
Sensata Technologies Inc.
Sensirion Holding AG
STMicroelectronics
TE Connectivity
Texas Instruments Incorporated.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

Digital
Analog

Breakup by Product:

Relative Humidity Sensors
Absolute Humidity Sensors

Breakup by Material:

Semiconducting Metal Oxides
Polymer-based
Ceramic Sensing
Others

Breakup by End Use:

Automotive
Pharmaceutical and Healthcare
Building Automation and Domestic Appliances
Food and Beverages
Environmental
Agriculture
Others

Breakup by Region:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

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Key Highlights of the Report:                                                           

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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