Market Research Report
Global Humidity Sensor Industry Research Report, Growth Trends and Competitive Analysis 2018-2025
|Published by||QYResearch||Product code||671898|
|Published||Content info||97 Pages
Delivery time: 2-3 business days
|Global Humidity Sensor Industry Research Report, Growth Trends and Competitive Analysis 2018-2025|
|Published: August 6, 2018||Content info: 97 Pages||
This study focuses on the production side and consumption side of Humidity Sensor, presents the global Humidity Sensor market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Humidity Sensor capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Humidity Sensor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Humidity sensor or hygrometer detects moisture from its surrounding and converts it into small electrical pulses which are recorded, displayed and stored in the device to trigger an alarm when the humidity is above a certain level. The sensor comprises of two metallic plates with a non-conductive polymer film between them. It registers humidity through the change in voltage between these plates.
The humidity sensors offer more advantages than conventional sensors due to low power consumption for their operation, the convenience of installation. It also enhances the transducer operation that includes structure design, sensing elements, fabrication technologies, and the principle of mechanism. However, the increased competition among market players has led to a decrease in market prices of humidity sensors and are considered a major hindrance to the market.
North America and Europe are presumed to have significant growth in the humidity sensor market. This region is already acquainted with advanced infrastructure in the industrial sector. The need for energy efficient sensors for providing better analysis of the moisture control is surging, expected to be a propelling factor for the humidity sensors market. Asia Pacific is also anticipated to be the fastest growing region in the humidity sensor market over the forecast period. India, Japan, and China are the leading countries in the humidity sensor market. This is attributed to the increasing awareness among the farmers for the production of better quality crops in their fields is driving the demand for humidity sensors in agricultural sector.
The Humidity Sensor market was valued at 55000 Million US$ in 2017 and is projected to reach 206700 Million US$ by 2025, at a CAGR of 18.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Humidity Sensor.
This report includes the following manufacturers; we can also add the other companies as you want.
In this study, the years considered to estimate the market size of Humidity Sensor are as follows: