Humidity Sensor Market to Expand at a CAGR of 8.8 % from 2021 to 2030
The Humidity Sensor market is projected to grow from USD 920.7 million in 2020 to reach USD 5.5 billion by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.8% from 2021 to 2030.
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Growth Factors
The rising adoption of these sensors for moisture-sensitive applications in industries, such as food & beverages, healthcare, and textile, among others, is expected to drive the market growth. Regulations laid down by governments of developed economies in regions, such as North America and Europe, have mandated the use of these sensors in industries, such as food processing, printing, and textile.
Food Safety and Standards Authority of India (FSSAI) mandates the usage of these sensors in the food & beverage industry as higher levels of moisture can cause contamination and affect the food quality. The increasing demand for contactless sensors that can be deployed in potentially hazardous environments, such as places exposed to radiation, is a major factor driving market growth.
Report Coverage
Report Scope | Details |
Market Size | USD 5.5 billion by 2030 |
Growth Rate | CAGR of 8.8% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Type, End-Use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Robert Bosch GmbH; General Electric Company; Delphi Technologies; Hitachi, Ltd.; Honeywell International, Inc.; PCE Instruments; BEI Sensors; TE Connectivity; Continental AG; and Infineon Technologies AG |
By End-Use Analysis
Based on end-use, the market has been further segmented into automotive, pharmaceutical & healthcare, industrial, building automation & domestic appliances, food & beverages, environmental, agriculture, and others.
The industrial segment is expected to exhibit a noticeable CAGR over the forecast period. Humidity sensor solutions are widely adopted in oil & gas, power & energy, mining, paper, and textile, among other industries, to monitor the ambient moisture.
By Type Analysis
Based on type, the market has been further segmented into relative humidity sensor, absolute humidity sensor, and others. Relative humidity sensors are intended for high-volume, cost-sensitive applications, such as automotive cabin air control, office automation, home appliances, and industrial process control systems, among others.
Absolute humidity sensors have a wide and diverse range of applications. They are widely used in medical industries owing to their higher accuracy and resolution in determining respiratory humidity levels. At the same time, the development of chilled mirror sensors has provided sensors that are chemically inactive, provide virtual indestructibility, and eliminate the need for recalibration.
By Regional Analysis
The North America regional market dominated the global humidity sensor market in 2020. North America is home to several leading humidity sensor manufacturers. Moreover, the adoption of air quality monitoring systems with integrated humidity sensor solutions is particularly rising in the region.
Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period. Regulatory agencies and governments in various countries in the region are aggressively implementing emission and safety control standards that require the installation of humidity sensor solutions in cars.
Key Players
Robert Bosch GmbH; General Electric Company; Delphi Technologies; Hitachi, Ltd.; Honeywell International, Inc.; PCE Instruments; BEI Sensors; TE Connectivity; Continental AG; and Infineon Technologies AG.
Market Segmentation
- By Type
- Absolute Humidity Sensor
- Relative Humidity Sensor
- Others (Optical Hygrometer, Oscillating Hygrometer, and Gravimetric Hygrometer)
- By End-Use
- Automotive
- Pharmaceutical & Healthcare
- Industrial
- Building Automation & Domestic Appliances
- Food & Beverages
- Environmental
- Agriculture
- Others
- Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Middle East & Africa (MEA)
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Humidity Sensor Market, By Type
7.1. Humidity Sensor Market, by Type, 2021-2030
7.1.1. Absolute Humidity Sensor
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Relative Humidity Sensor
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Humidity Sensor Market, By End-use
8.1. Humidity Sensor Market, by End-use, 2021-2030
8.1.1. Automotive
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Pharmaceutical & Healthcare
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Industrial
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Building Automation & Domestic Appliances
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Food & Beverages
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Environmental
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Agriculture
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Humidity Sensor Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 10. Company Profiles
10.1. Robert Bosch GmbH
10.1.1. Company Overview
10.1.2. Type Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. General Electric Company
10.2.1. Company Overview
10.2.2. Type Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Delphi Technologies
10.3.1. Company Overview
10.3.2. Type Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Hitachi, Ltd
10.4.1. Company Overview
10.4.2. Type Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Honeywell International
10.5.1. Company Overview
10.5.2. Type Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. PCE Instruments
10.6.1. Company Overview
10.6.2. Type Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. BEI Sensors
10.7.1. Company Overview
10.7.2. Type Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. TE Connectivity
10.8.1. Company Overview
10.8.2. Type Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Continental AG
10.9.1. Company Overview
10.9.2. Type Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Infineon Technologies AG
10.10.1. Company Overview
10.10.2. Type Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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