Global Humidity Sensor Market Size study & Forecast, by Product by Type, by End Use and Regional Analysis, 2022-2029

Description

List of Tables

Global Humidity Sensor Market is valued at approximately USD 5.22 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.2% over the forecast period 2022-2029. A humidity sensor is an electrical device that detects, measures and reports air temperature and water vapor content. The humidity sensor works by continuously observing the surrounding environment and alerting the user of any alarming situations. It detects any variation in the electrical currents or air temperature. These sensors can provide accurate and reliable readings of humidity levels in real-time, making them a valuable tool for a wide range of applications. The rising focus on continuous and real-time monitoring, surging demand for this sensor across wide range of end-use industries, coupled with the rapid proliferation of wireless networking and the Internet of Things (IoT) are the key driving factors for the global market growth globally.

Furthermore, the surge in the usage of humidity sensors in smart grids and smart homes is acting as a catalyzing factor for the market demand at a considerable rate. Humidity sensors are commonly used in smart homes to monitor and control indoor humidity levels. According to Statista, it was estimated that there were around 259.89 million smart homes were recorded globally, which is anticipated to reach 478.22 smart homes by the year 2025. Humidity sensors can be integrated with smart assistants such as Amazon Alexa or Google Assistant to provide voice control of the home's humidity levels. This allows homeowners to adjust the humidity levels with simple voice commands, making it convenient and easy to maintain a comfortable indoor environment. Thus, these aforementioned factors are soaring in the market demand across the globe. Moreover, the rising emergence of novel technologies, as well as the increase in demand for small-sized humidity sensors is presenting various lucrative opportunities over the forecasting years. However, the inaccuracy of devices in terms of non-linearity and offset errors and the high cost associated with the systems and installations are challenging the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Humidity Sensor Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing adoption of air quality monitoring systems with integrated humidity sensor solutions and the rising number of smart homes. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for sensor solutions that can be integrated into handheld devices, increasing number of smart cities initiatives, and growth in IoT infrastructure in the market space.

Major market players included in this report are:

Honeywell International Inc.
Texas Instruments Inc.
Amphenol Corporation
Guangzhou Aosong Electronics Co., Ltd.
Renesas Electronics Corporation
Sensirion Ag Switzerland
Schneider Electric
TE Connectivity Ltd.
General Electric Company
Laird Connectivity

Recent Developments in the Market:

In May 2020, The Electronics and Telecommunications Research Institute (ETRI) declared that the company had created humidity sensor technology that uses molybdenum sulphide (MoS2), an inorganic compound made of molybdenum and sulfur, to detect moisture with great sensitivity, such as skin perspiration or tidal volume. The humidity sensor has the highest sensitivity in the entire globe at more than 66,000 per cent. It exceeds the capabilities of the present sensors by more than 660 times. The detection time is 0.5 seconds, which is up to 12 times faster than the five to six seconds required by traditional commercial sensors.

Global Humidity Sensor Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Type, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

Relative Humidity Sensors
Absolute Humidity Sensors

By Type:

Digital
Analog

By End Use:

Residential
Commercial
Automotive
Industrial
Weather Station
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Humidity Sensor Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Humidity Sensor Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Humidity Sensor Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Humidity Sensor Market, by End Use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Humidity Sensor Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Humidity Sensor Market Dynamics

3.1. Humidity Sensor Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising focus on continuous and real-time monitoring
  - 3.1.1.2. Surge in the usage of humidity sensors in smart grids and smart homes
- 3.1.2. Market Challenges
  - 3.1.2.1. Inaccuracy of devices in terms of non-linearity and offset errors
  - 3.1.2.2. High cost associated with the systems and installations
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising emergence of novel technologies
  - 3.1.3.2. Increase in demand for small-sized humidity sensors

Chapter 4. Global Humidity Sensor Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Humidity Sensor Market, by Product

6.1. Market Snapshot
6.2. Global Humidity Sensor Market by Product, Performance - Potential Analysis
6.3. Global Humidity Sensor Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Humidity Sensor Market, Sub Segment Analysis
- 6.4.1. Relative Humidity Sensors
- 6.4.2. Absolute Humidity Sensors

Chapter 7. Global Humidity Sensor Market, by Type

7.1. Market Snapshot
7.2. Global Humidity Sensor Market by Type, Performance - Potential Analysis
7.3. Global Humidity Sensor Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
7.4. Humidity Sensor Market, Sub Segment Analysis
- 7.4.1. Digital
- 7.4.2. Analog

Chapter 8. Global Humidity Sensor Market, by End Use

8.1. Market Snapshot
8.2. Global Humidity Sensor Market by End Use, Performance - Potential Analysis
8.3. Global Humidity Sensor Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
8.4. Humidity Sensor Market, Sub Segment Analysis
- 8.4.1. Residential
- 8.4.2. Commercial
- 8.4.3. Automotive
- 8.4.4. Industrial
- 8.4.5. Weather Station
- 8.4.6. Others

Chapter 9. Global Humidity Sensor Market, Regional Analysis

9.1. Humidity Sensor Market, Regional Market Snapshot
9.2. North America Humidity Sensor Market
- 9.2.1. U.S. Humidity Sensor Market
  - 9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End Use breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Humidity Sensor Market
9.3. Europe Humidity Sensor Market Snapshot
- 9.3.1. U.K. Humidity Sensor Market
- 9.3.2. Germany Humidity Sensor Market
- 9.3.3. France Humidity Sensor Market
- 9.3.4. Spain Humidity Sensor Market
- 9.3.5. Italy Humidity Sensor Market
- 9.3.6. Rest of Europe Humidity Sensor Market
9.4. Asia-Pacific Humidity Sensor Market Snapshot
- 9.4.1. China Humidity Sensor Market
- 9.4.2. India Humidity Sensor Market
- 9.4.3. Japan Humidity Sensor Market
- 9.4.4. Australia Humidity Sensor Market
- 9.4.5. South Korea Humidity Sensor Market
- 9.4.6. Rest of Asia Pacific Humidity Sensor Market
9.5. Latin America Humidity Sensor Market Snapshot
- 9.5.1. Brazil Humidity Sensor Market
- 9.5.2. Mexico Humidity Sensor Market
- 9.5.3. Rest of Latin America Humidity Sensor Market
9.6. Rest of The World Humidity Sensor Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Honeywell International Inc.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Texas Instruments Inc.
- 10.2.3. Amphenol Corporation
- 10.2.4. Guangzhou Aosong Electronics Co., Ltd.
- 10.2.5. Renesas Electronics Corporation
- 10.2.6. Sensirion Ag Switzerland
- 10.2.7. Schneider Electric
- 10.2.8. TE Connectivity Ltd.
- 10.2.9. General Electric Company
- 10.2.10. Laird Connectivity

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Humidity Sensor Market, report scope
TABLE 2. Global Humidity Sensor Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Humidity Sensor Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Humidity Sensor Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 5. Global Humidity Sensor Market estimates & forecasts by End Use 2019-2029 (USD Billion)
TABLE 6. Global Humidity Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Humidity Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Humidity Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Humidity Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Humidity Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Humidity Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Humidity Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Humidity Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Humidity Sensor Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Humidity Sensor Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Humidity Sensor Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Humidity Sensor Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Humidity Sensor Market
TABLE 71. List of primary sources, used in the study of global Humidity Sensor Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Humidity Sensor Market, research methodology
FIG 2. Global Humidity Sensor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Humidity Sensor Market, key trends 2021
FIG 5. Global Humidity Sensor Market, growth prospects 2022-2029
FIG 6. Global Humidity Sensor Market, porters 5 force model
FIG 7. Global Humidity Sensor Market, pest analysis
FIG 8. Global Humidity Sensor Market, value chain analysis
FIG 9. Global Humidity Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Humidity Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Humidity Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Humidity Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Humidity Sensor Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Humidity Sensor Market, regional snapshot 2019 & 2029
FIG 15. North America Humidity Sensor Market 2019 & 2029 (USD Billion)
FIG 16. Europe Humidity Sensor Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Humidity Sensor Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Humidity Sensor Market 2019 & 2029 (USD Billion)
FIG 19. Global Humidity Sensor Market, company Market share analysis (2021)