Global Humidity Sensor Market Insights Forecasts to 2033

• The Global Humidity Sensor Market Size was Valued at USD 5.45 Billion in 2023.
• The Market Size is Growing at a CAGR of 3.6% from 2023 to 2033.
• The Worldwide Humidity Sensor Market Size is expected to Reach USD 7.79 Billion by 2033.
• Asia-Pacific is expected to Grow the fastest during the forecast period.

The Global Humidity Sensor Market Size is expected to reach USD 7.79 Billion by 2033, at a CAGR of 3.6% during the forecast period 2023 to 2033.

The humidity Sensor is a device that is applied for monitoring industrial and agricultural products, also known as a hygrometer. This device senses, measures and determines the humidity or moisture present in the environment, followed by corresponding electrical signals. Resistive, capacitive and thermal types of humidity sensors are available that use different methods to calculate humidity. It has a wide range of applications in commercial and industrial sectors, also applied in building ventilation control and environmental chambers to test the electronics, food/beverages, pharmaceuticals, cosmetics and biomedical analysis industries. It is also used in household appliances like air conditioners, smoke alarms, air purifiers and smart thermostats. It also functions as an alert user in any troubling situations, detects changes in the air temperature and humidity. Water has considerable effects during production in industries, thus detection of moisture is an essential part of maintaining optimal environmental conditions for production, equipment and materials. Moisture sensors allow moisture to be measured in materials discharged from bins, on conveyor belts or in vibratory feeders. Other than industrial applications, it is also used in automotive sectors and smart home services as well. The optic fibre-based humidity sensor has several advantages over electronic humidity sensors.

Report Coverage

This research report categorizes the market for global humidity sensor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global humidity sensor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the global humidity sensor market.

Driving Factors

The growing demand for miniaturized humidity sensors, installation of personal weather stations and developments in automotive sectors are the various factors driving the market. Industrial growth is also the key factor for increasing the global humidity sensor market as humidity sensing is a crucial part of industrial processes. Smart humidity sensors are used to supervise the indoor climate and help to maintain the humidity. Miniaturization of electronic devices, and small-sized humidity sensors are driving the market. Furthermore, the adoption of new and innovative agricultural systems like vertical farming and precise farming surged to increase the humidity sensor market demand.

Restraining Factors        

The high cost of the system and installation of humidity sensor devices holding the market growth. The fluctuation in price and demand-supply gap of raw materials and other key components restrain the market. Further on, the maintenance and high operational costs of this device are responsible for restraining the market. Pollution and extreme weather temperatures may hamper the performance of humidifiers.

Market Segmentation

The global humidity sensor as a service market share is classified into Type, End-Use, and Regional insights

By Type Insights

The absolute segment dominates the market with the largest revenue share over the forecast period.

On the basis of type, the global humidity sensor market is segmented into absolute, relative, and other. Among these, the absolute segment is dominating the market with the largest revenue share over the forecast period. Absolute humidity sensors are suitable for environment with high temperature and for high corrosive situations. It gives readings with higher resolution than other segments.

By End-Use Insights

The automotive segment is witnessing significant CAGR growth over the forecast period.

On the basis of end-use, the global humidity sensor market is segmented into automotive, pharmaceutical & healthcare, industrial, building automation & domestic appliances, food & beverages, environmental, agriculture and others. Among these, the automotive segment is witnessing significant growth over the forecast period. There is an increasing adoption of sensors inside the car cabin that monitor the dew point and air intake of cars. For instance, windshield humidity sensors helps to prevent condensation inside the car by tracking air temperature around the car and adjust moisture accordingly.  

Regional Insights

North America dominates the market with the largest market share over the forecast period.

North America is dominating the market with the largest market share over the forecast period. The rising demand for air quality monitoring systems with integrated innovative humidity sensor solutions in the North America region, enhances the growth of the humidity sensor market. The rising demand for new and innovative handheld device-integrated humidity sensor solutions escalating the global humidity sensor market.

Asia-Pacific is expected to grow the fastest during the forecast period. Various factors are responsible for growth of humidity sensor market including increasing demand for humidity sensor devices in developing countries like China, India and South Korea for environmental monitoring. Furthermore, regulatory agencies and governments are implementing safety control standards that need endorsement of humidity sensors installation in cars. To accomplish these implementations growing demand for humidity sensor for installation in the cars, thus driving the humidity sensor demand in the region.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global humidity sensor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market

List of Key Market Players

• Honeywell International Inc.
• Siemens AG
• Schneider Electric
• TE Connectivity
• STMicroelectronics
• Littelfuse Inc.
• Robert Bosch GmbH
• Continental AG
• Delphi Technologies
• Analog Devices Inc.
• NXP Semiconductors
• Sensata Technologies Inc.
• Infineon Technologies AG
• Hitachi Astemo Ltd.
• Others

Key Market Developments

• In October 2022, THIRD REALITY launched a new product- temperature and humidity sensor for real-time monitoring indoor temperature and humidity.

• In October 2022, new versatile and precise temperature and humidity models added to leading digital range of sensors. E+E Elektronik has expanded its range of digital sensing elements with the addition of 2 new products.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global humidity sensor market based on the below-mentioned segments:

Humidity Sensor Market, Type Analysis

• Absolute
• Relative
• Others

Humidity Sensor Market, End-Use Analysis

• Automotive
• Pharmaceutical & healthcare
• Industrial
• Building automation & domestic appliances
• Food & beverages
• Environmental
• Agriculture
• Others

Humidity Sensor Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa