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Global
Humidity sensors are also known as hygrometers. These sensors measure the humidity in the atmosphere or soil or any other space by sending the electric signals. Humidity sensors are widely used from domestic and commercial application to industrial application. The residential buildings, offices, air conditioners, heaters and ventilators all uses the humidity sensors to regulate and maintain the temperature. The advancing technologies and equipment are driving the increasing application of humidity sensors. Unlike temperature sensors, humidity sensors have lowered cost of installation and easy to use. But other linked costs are higher that may restrict the growth of the market. Goldstein Market Intelligence analyst forecast that the global humidity sensors market is set to grow at a CAGR of 4.20% through the forecast period (2017-2030). Further, the growth of automation in industries like food and beverages industry, metals and mining industry and manufacturing industry are positively impacting the demand for the application of humidity sensors.
By Material Type
By Measuring Type
By End-User
HVAC industry accounted for largest market share in the application of humidity sensors of nearly 35% in 2017. Over the forecast period application of humidity sensors in HVAC industry is expected to continue to grow at a CAGR of 4.5%.
By Geography
Based on geography, Asia-Pacific region accounted for largest revenue share of 36.2% in 2017 of the global humidity sensors market on the back of high automation and advancement across the multiple industries, which have increasing the demand for humidity sensors and high growth opportunities in terms of innovation. Asia Pacific is closely followed by the North America region, growing at a CAGR of 4.61% over the forecast period.
The report covers the present ground scenario and the future growth prospects of the humidity sensors market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Humidity Sensors Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global humidity sensors market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Humidity Sensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Global humidity sensors market report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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