Humidity Sensor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Capacitive, Resistive, Thermal), By Application (Ventilation, Air Conditioning & Heating, Medical Devices, Meteorological Applications, Others), By Industry Vertical (Automotive, Medical & Healthcare, Meteorology, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2023
  • Report Code : KSI061614274
  • Pages : 135
excel pdf power-point

A humidity sensor, often known as a hygrometer, is a type of electrical equipment that detects, measures, and detects the amount of moisture in the air. The sensor is made up of metallic plates with non-conductive polymer sheets and electrodes made of metals like silver, platinum, and gold. Capacitive, mirror-based, solid, resistive, and thermal sensors are some of the most prevalent types. They are employed in tight spaces, soil, semiconductors, and heating, ventilation, and air conditioning (HVAC) systems to detect humidity.

 These sensors can survive extreme temperatures and require little maintenance. As a result, they are widely employed in a variety of sectors, including chemical, automotive, pharmaceutical, and food & beverage. Therefore, the primary reason for the market's growth is due to its end-user applications for various industry verticals.

The end-user applications for several industries will drive the market to surge  

Humidity sensors can be used for a diverse range of industries for specific uses. Due to the rise of those industries, the market is anticipated to rise in the upcoming years. For instance, the growing popularity of precision agriculture, which incorporates cutting-edge technology into crop production, is fueling a slew of research and development (R&D) efforts to improve the effectiveness of humidity sensors. The development of smart humidity sensors that can correctly and precisely assess moisture content while processing and delivering massive amounts of data is expected to accelerate the expansion of the humidity sensor market. Additionally, companies have launched products that have also been beneficial for the market’s growth. For instance, in May 2020 the Electronics and Telecommunications Research Institute (ETRI) announced the development of humidity sensor technology that uses molybdenum sulfide (MoS2), an inorganic compound consisting of molybdenum and sulfur, to detect moisture such as human perspiration or tidal volume with great sensitivity. The humidity sensor has a more than 66,000 percent sensitivity, which is the world's greatest. It is more than 660 times more than the existing available sensors.

Asia Pacific accounts for a substantial amount of share in the market

With the rise of several industry verticals in this region, the market for humidity sensors is projected to grow. Companies in this region have plans to launch innovative products that will surge the market in the coming years. For instance, NGK Insulators, a Japanese ceramics business, intends to introduce new sensors by 2023, allowing wine growers, shippers, and dealers to closely monitor wine shipments for alterations in the environment that might impair quality. The test will track the temperature and humidity of wine shipped from Italy to Japan for around 60 days. Any temperature or humidity anomaly will be displayed on the sensor's electronic paper display. In April, NGK began developing a wine temperature and humidity management system in collaboration with the Japanese subsidiary of Taiwanese liquid crystal display panel producer Innolux, wine trading business ENJI Japan, and Cold Storage Japan, a logistics materials developer. In January, the four firms conducted a pilot test in which they collected 130 continuous hours of temperature and humidity data within a wine cellar.

Recent developments

  • In January 2019, Ursalink announced that it had joined the Exosite partner program, guaranteeing that clients can rapidly get IoT solutions up and running with hardware that has been pre-tested and validated to operate with Exosite MuranoTM for temperature and humidity data collecting. Ursalink develops a temperature and humidity data collecting solution based on the Murano platform to further explain the compatibility between Ursalink equipment - UR75 industrial cellular router, Murano platform, and end devices (temperature/humidity sensors).

Covid-19 Impact on the Humidity Sensor Market

The outbreak of COVID-19 has resulted in the healthcare segment growing which has influenced the demand for humidity sensors in the market for the future. Furthermore, surveillance data supplied to WHO between January 2020 and May 2021 revealed 3.45 million fatalities caused by COVID-19. Only 6643 of these fatalities were recognized as being among health and care workers (HCWs), however, this figure grossly underestimates the global burden of mortality in this group. As a result, various businesses have developed humidity sensors that might be used in the healthcare industry. Honeywell International Inc, an American company, for example, offers a complete line of humidity sensors, ranging from the premier Honeywell HumidIconTM combined Digital Humidity/Temperature sensors to adjacent humidity absorption-based humidity sensor products, with each sensor designed to provide enhanced stability, reliability, and sensitivity.

Humidity Sensor Market Scope:

 

Report Metric Details
 Growth Rate  CAGR during the forecast period
 Base Year  2021
 Forecast Period  2023–2028
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Application, Industry Vertical, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Honeywell International Inc., Guangzhou Aosong Electronic Co., Ltd, TE Connectivity, Endress+Hauser Group, Infineon Technologies AG, AHLBORN, Amphenol Sensors, B+B Thermo-Technik GmbH, Sensirion AG, Testo SE & Co. KGaA
 Customization Scope  Free report customization with purchase

 

Segmentation

  • By Type
    • Capacitive
    • Resistive
    • Thermal
  • By Application
    • Ventilation
    • Air Conditioning & Heating
    • Medical Devices
    • Meteorological Applications
    • Others
  • By Industry Vertical
    • Automotive
    • Medical & Healthcare
    • Meteorology
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • United Arab Emirates
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Indonesia
      • Thailand
      • Taiwan
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Market Segmentation

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. HUMIDITY SENSORS MARKET, BY TYPE

5.1. Introduction

5.2. Capacitive

5.3. Resistive

5.4. Thermal

 

6. HUMIDITY SENSORS MARKET, BY APPLICATION

6.1. Introduction

6.2. Ventilation

6.3. Air Conditioning & Heating

6.4. Medical Devices

6.5. Meteorological Applications

6.6. Others

 

7. HUMIDITY SENSORS MARKET, BY INDUSTRY VERTICAL

7.1. Introduction

7.2. Automotive

7.3. Medical & Healthcare

7.4. Meteorology

7.5. Others

 

8. HUMIDITY SENSORS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. Israel

8.5.3. United Arab Emirates

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Australia

8.6.6. Indonesia

8.6.7. Thailand

8.6.8. Taiwan

8.6.9. Others

 

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. COMPANY PROFILES

10.1. Honeywell International Inc.

10.2. Guangzhou Aosong Electronic Co., Ltd

10.3. TE Connectivity

10.4. Endress+Hauser Group

10.5. Infineon Technologies AG

10.6. AHLBORN

10.7. Amphenol Sensors

10.8. B+B Thermo-Technik GmbH

10.9. Sensirion AG

10.10. Testo SE & Co. KGaA

Honeywell International Inc.

Guangzhou Aosong Electronic Co., Ltd

TE Connectivity

Endress+Hauser Group

Infineon Technologies AG

AHLBORN

Amphenol Sensors

B+B Thermo-Technik GmbH

Sensirion AG

Testo SE & Co. KGaA