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Humidity Sensor Market Share, Growth 2025 | Industry Trend Report

Humidity Sensor Market Analysis Report By Type, By End Use, By Region, Competitive Insights And Segment Forecasts From 2019 To 2025

Report ID: MN17619962  |  Published: July 2020  |  No of Pages: 121
Format: Electronic (PDF)  |  Industry: Sensors  |  Publisher: Grand View Research

Industry Insights

The global humidity sensor market size was accounted for USD 901.7 million in 2018 and is projected to grow at the CAGR of 7.8% over the forecasted period, 2019 to 2025. Humidity sensors help in sensing the moisture levels present in the air. Increasing applications in healthcare, food & beverages and textile industries is projected to propel the market growth. Additionally, supportive government initiatives across Europe and North America for using sensors in these industries are gaining in popularity. For instance, the Food Safety & Standard Authority of India (FSSAI) has made regulations about using sensors in the food sector to maintain high quality. 

Micro electro mechanical system (MEMS) in sensor technology is also gaining traction among manufacturers. Moreover, increasing demand for wireless sensors especially for environmental tracking is projected to boost the market growth. The demand for humidity sensors is increasing owing to its low energy consumption and easy installation.

U.S. humidity sensor market

In addition, humidity sensors are widely used for household and commercial applications. It includes smoke alarms, air conditioners, smart thermostats, air purifiers and others. Furthermore, rising preference for cost-effective and compact size is expected to propel the demand for the product.

Manufacturers are focusing on enhancing sensing abilities of sensor for better accuracy. Furthermore, the increasing focus on real time tracking is encouraging manufacturers look after power management, miniaturization, and networking. These product developments are anticipated to propel the product demand.

End Use Insights

Based on the end-use, the humidity sensors market is bifurcated into industrial, pharmaceutical & healthcare, automotive, food & beverages, agriculture, building automation and domestic appliances and others. In 2018, the automotive segment held the highest share in the overall market. The humidity sensors help in eliminating windscreen fogging in the car.    

The industrial segment is projected to grow significantly in the coming few years. These sensors are used in energy & power, textile, oil & gas, paper, mining, and other sectors for measuring moisture levels. Additionally, it is also used in incubators, respiratory system, and ventilators. Moreover, these sensor solutions are used to track moisture level in soil, which is expected to boost the market growth.

Type Insights

The relative humidity type sensors are projected to grow at significant rate during the forecasted period. These sensors are suitable for office automation, high volume, home appliances, industrial process, and cost sensitive solutions. Moreover, relative sensors have ability of improving air quality. In addition, increasing trend of capacitive sensor is also growing in popularity owing to its high sensing measures.

Asia Pacific humidity sensor marketOn the other hand, absolute humidity type sensors are mainly used in healthcare & medical industry applications. The sensor is helpful in tracking humidity level of respiratory system with high accuracy. In addition, increasing trend of chilled mirror type sensors which are chemically inactive and offer virtual indestructibility that help in recalibration process. All these key benefits are anticipated to foster the demand for the product.

Regional Insights

In 2018, the North American region led the humidity sensors market with the highest market share in the overall market. Moreover, the growing adoption of integrated sensor solutions for monitoring air quality is increasing across the market. These integrated sensors are increasing the demand for innovative sensor types for humidity measurement.

Asia Pacific is projected to grow at the highest CAGR over the forecasted period. The government authorities across the region have set the environment regulatory standards wherein sensor solutions are needed to be installed. Furthermore, smart city initiatives across India, South Korea, and China are also anticipated to bolster the demand for humidity sensors.

Impact of COVID-19

Corona virus crisis has impacted the sensor industry, as the companies had to shut their production & manufacturing process. Thus, the supply chain has been severely disrupted. However, the market is projected to witness minimal impact, since the sensors have huge demand in medical, and electronics industry.

All the companies have plans ready for manufacturing whenever the lockdown is lifted. The long-term requirement for sensor equipment is expected to remain positive owing to high demand from pharmaceutical & healthcare, and electronics sector. During the COVID-19 pandemic there is a huge demand for sensors which supports computed tomography (CT) scanners that are used in clinical diagnostics.

Humidity Sensor Market Share Insights

Leading players in the market include, General Electric Company; Robert Bosch GmbH; Delphi Technologies; Honeywell International, Inc.; Hitachi, Ltd.; BEI Sensors; PCE Instruments; TE Connectivity; Infineon Technologies AG; and Continental AG.

Leading companies in the market invest heavy on research and development, new product development to increase their sales across the globe.Some of the players focus on developing infrared based sensors to improve its efficiency.

Report Scope

Attribute

Details

Market size value in 2020

USD 1,025.9 million

Revenue forecast in 2025

USD 1,505.9 million

Growth Rate

CAGR of 7.8% from 2019 to 2025

Base year for estimation

2018

Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million, & CAGR from 2019 to 2025

Report coverage             

Revenue forecast, company share, competitive landscape, growth factors and trends

Segments covered

Type, end use, region

Regional scope

North America, Europe, Asia Pacific, South America &Middle East & Africa

Country scope

U.S., Canada, Germany, U.K. India, Japan, China, Brazil, and Mexico.

Key Companies profiled

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.

customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.


Segments Covered in the Report
 

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights has segmented the global humidity sensor market report on the basis of type, end use, and region:

• Type Outlook (Revenue, USD Million, 2014 - 2025)
    • Absolute Humidity Sensor
    • Relative Humidity Sensor
    • Others (Optical Hygrometer, Oscillating Hygrometer, and Gravimetric Hygrometer)

• End Use Outlook (Revenue, USD Million, 2014 - 2025)
    • Automotive
    • Pharmaceutical & Healthcare
    • Industrial
    • Building Automation & Domestic Appliances
    • Food & Beverages
    • Environmental
    • Agriculture
    • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
    • Asia Pacific
        • China
        • India
        • Japan
    • South America
        • Brazil
    • Middle East &Africa (MEA)

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