Humidity Sensor Companies
Humidity sensor companies develop sensors for measuring humidity levels in the air. These sensors are crucial in HVAC systems, weather monitoring, and industrial applications.
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*Disclaimer: List of key companies in no particular order
Competitive Landscape of Humidity Sensor Market:
The global humidity sensor market is experiencing robust growth, propelled by expanding applications across diverse industries. From ensuring optimal comfort in buildings to maintaining precise humidity levels in critical industrial processes, these sensors are becoming ubiquitous. Navigating this dynamic landscape requires a keen understanding of the competitive forces at play.
Some of the Humidity Sensor companies listed below:
- Honeywell International
- Sensirion AG
- GE Inspection Technologies
- PCE Holdings GmbH
- Amphenol Corporation
- Texas Instruments
- Bosch Sensortec GmbH
- OMRON Corporation
- Silicon Laboratories
- TDK Corporation
- Alps Alpine co
- STMicroelectronics NV
Market Share Analysis:
Analyzing market share in the humidity sensor market necessitates considering several crucial factors:
- Technology Segmentation: Market players predominantly compete based on the sensor technology utilized, such as capacitive, resistive, polymer, and infrared. Each technology holds unique advantages and caters to specific applications. Monitoring market share within each technology segment offers valuable insights.
- Industry Vertical Focus: The market caters to a diverse range of industries, including automotive, consumer electronics, HVAC, agriculture, healthcare, and food & beverage. Companies vying for dominance often specialize in servicing specific industry needs, tailoring their offerings accordingly. Tracking market share within individual verticals unveils targeted competitors and potential growth opportunities.
- Geographical Distribution: The market exhibits variations in growth and competition across different regions. Asia-Pacific, driven by rapid industrialization and urbanization, is currently the largest market. However, Europe and North America remain significant players, each with established giants and emerging innovators. Analyzing regional market share distribution identifies dominant players in specific geographies and pinpoints promising emerging markets.
- Brand Recognition and Reputation: Established brands with strong track records and a loyal customer base often hold a significant market share advantage. However, smaller companies focused on niche applications or offering specialized services can carve out their own spaces. Monitoring brand mentions, customer reviews, and industry awards can shed light on market perception and competitive positioning.
Strategies Adopted by Key Players:
Companies within the humidity sensor market employ various strategies to secure a competitive edge:
- Innovation and Product Differentiation: Constant R&D efforts result in new and improved sensor technologies. Miniaturization, enhanced accuracy, lower power consumption, and integration with IoT platforms are key areas of focus. Companies that consistently launch innovative products attract new customers and retain existing ones.
- Strategic Partnerships and Acquisitions: Collaborations with complementary players across the value chain, such as chipmakers, device manufacturers, and system integrators, can accelerate market reach and expertise. Acquisitions are another route to gain access to new technologies, expand product portfolios, and enter new markets.
- Cost Optimization and Scalability: Efficient production processes, robust supply chains, and cost-effective materials play a crucial role in maintaining a competitive edge. Companies with strong operational capabilities can offer cost-competitive solutions without compromising quality, gaining an edge in price-sensitive segments.
- Marketing and Brand Building: Building brand awareness through targeted marketing campaigns, showcasing expertise through technical seminars and conferences, and establishing strong customer relationships are vital for gaining market share.
New and Emerging Companies:
The humidity sensor market is witnessing the emergence of innovative startups alongside established players:
- SensorTech Solutions: This Israeli company specializes in miniaturized, low-power humidity sensors ideal for wearable devices and IoT applications.
- Hummingbird Sensors: This US-based startup focuses on developing novel hydrogel-based sensors for agricultural and environmental monitoring.
- SensiFab: This German company offers customized, 3D-printed humidity sensors for niche industrial applications.
Latest Company Updates:
Sep 2023- With the help of Honeywell's leading materials and energy systems knowledge and ESS's unique IFB design, Honeywell and ESS are working together to advance further the creation of iron flow battery (IFB) energy storage systems. Through their partnership, ESS receives a license to use Honeywell's flow battery intellectual property, and Honeywell is allowed to include ESS technology in its global offering. The two also intend to collaborate on ongoing technological improvement, IFB system packaging, and cost reduction. The recommended design life of an ESS battery system is 25 years, but with appropriate maintenance, the battery modules, electrolytes, tubing, and other components may live for decades longer. For instance, it is anticipated that the battery will not deteriorate at all after 20,000 cycles. $27.5 million has been contributed by Honeywell to ESS. Together, Honeywell and ESS are leveraging the rapid expansion of long-duration energy storage.
Apr 2023- For an undisclosed purchase amount, MEMS micro speaker company Arioso Systems GmbH (Dresden, Germany) will be acquired by sensor manufacturer Bosch Sensortec GmbH. Arioso Systems GmbH, a Fraunhofer IPMS spin-off, has successfully concluded its first round of funding to introduce a cutting-edge silicon-based sound transducer. The audio transducer from Arioso Systems produces sound utilizing the movement of silicon chip lamellas oriented vertically. Arioso Systems' technique employs the chip volume instead of the surface, which is different from the typical membrane. Thus, a small MEMS micro-speaker with an active area of 10 square millimeters can produce sound pressure levels of up to 120 dB. The low capacitance and electrostatic actuator of the all-silicon MEMS make Arioso Systems technology energy efficient, enabling the sensor to prolong battery life in other wearables and hearables like TWS.
Humidity Sensor Market Highlights:
Humidity Sensor Market Size and Overview
Globally, the size of humidity Sensor Market is set to grow at a CAGR of 6.30% from a value of USD 1069.9 Million in 2019 to hit USD 1551.4 Million by 2027 driven by Increasing Uses of Humidity Sensors Impact the Market Growth Positively.
Humidity is one of the equipment used in commercial and industrial applications with building ventilation control and environmental chambers to test the electronics. This is also used to clean rooms in the semiconductor & automotive industries, industrial drying, and process monitoring in the chemicals, electronics, food/beverage, pharmaceutical, cosmetics, and biomedical analysis industries. It is an electronic component that can sense, measure, and report the water vapours and air temperature.
This function is carried out by monitoring environmental conditions and alerting the user of any troubling situation. It can detect the change in the air temperature and the shift in electrical currents. There are certain growth factors in the humidity sensor industrial. The rising demand for the small-sized humidity sensors, installation of personal weather stations, and development in the automotive sectors are some of the essential drivers of the market. However, there are also certain restraining factors, such as the requirement to improve the technical specification of humidity sensors, which can hinder the market in the future. These will also form new opportunities for the various market players to look upon the restraints and get forward with the drivers for market growth.
- On Jun. 23, 2022, Sensirion announced the addition of the new digital automotive sensor -SHT4xA, to its humidity and temperature sensor line. The new SHT4xA sensor is based on the Sensirion's experience in humidity measurement and its CMOSens Technology. The sensor designed particularly for automotive applications satisfies the most demanding reliability necessities, such as accelerated lifetime tests. Also, there is an integrated heater that allows chip self-diagnostics throughout its operating life. This device is expected to set the highest standards for demanding applications.
COVID-19 Analysis
The humidity sensor market has been garnering significant traction across the globe due to the massive prominence these sensors have gained over the past few years. However, the COVID-19 outbreak created significant hurdles for the humidity sensor industry, bringing the world to a halt.
With the pandemic-driven lockdown causing huge revenue losses to end-use industries, humidity sensor prices spiked, and the demand lowered. However, post lockdown limitations were relaxed, the humidity sensor market is again gearing up. Innovative industry players have actively started to look for increasing application areas of sensors in monitoring and tracking devices developed for COVID 19.
Humidity sensors are increasingly used in medical devices to track patient health metrics from afar, and sensor manufacturers are using these opportunities to streamline their production lines.
- On May 4, 2020, Honeywell Building Solutions announced that it helped the Miami Beach Convention Center (MBCC) convert it into an alternative care facility. The main area of focus was on the building management system, including airflow and chiller management. Keeping in mind rigorous guidelines of CDC and ASHRAE for air exchanges/hour for airborne contaminant removal & ventilation specifications for healthcare facilities, Honeywell deployed its innovative BMS technology to audit the space & develop a plan to respond to the challenges, such as airflow, humidity, fire & life safety, and energy savings.
Humidity Sensor Market Dynamics
Market Drivers
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Increasing Uses of Humidity Sensors Impact the Market Growth Positively
The humidity sensor market outlook appears promising, demonstrating tremendous opportunities in the food & beverage, healthcare, and textile, among other sectors. Besides, the growing adoption of wireless moisture sensors for climate monitoring in greenhouse farming boosts the humidity sensor market share. Spurring rise in various industries, manufacturing sectors, and the rising automation influences the dynamics of the humidity sensor industry.
Additionally, the miniaturization of sensors, the rising developments in IoT and IIoT technology due to the proliferation of industry 4.0, and the advent of 5.0 are some of the key humidity sensor market trends fostering the growth of the market. Moreover, increasing uses of sensors in smart grids and smart homes propel the growth of the market.
Market Opportunities
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Agricultural Sectors Present Robust Opportunities
Many Fortune 500 companies, startups, and Connecticut businesses are increasingly seeking to position themselves in the sensor-technology space. They are developing products and services to detect environmental changes like heat, motion, or pressure, providing data and information.
Temperature and humidity sensors are commonly used in consumer electronics; however, businesses in myriad industries are being adopted at a rapid pace to make their operations, products, or services more efficient and profitable. Furthermore, rising uses of humidity sensor switches, relative humidity sensors, and wireless/remote humidity sensors in environmental monitoring devices and soil monitoring devices present untapped opportunities for market growth.
With the growing global food demand due to the rapidly increasing population worldwide, many players are actively working on the global challenge to balance food production while simultaneously reducing greenhouse gas (GHG) emissions from agricultural production.
Increasing adoption of the wireless humidity sensor and remote humidity sensor in monitoring variables that affect crop quality providing near real-time, actionable insights that allow farmers to increase yield and save time spent for watering trips to the field. These factors are cumulatively projected to offer significant growth opportunities for the humidity sensor market.
- On Oct. 17, 2022, THIRDREALITY launched a new temperature and humidity sensor with the Third Reality App that can interact with other smart home products to improve home automation. This new sensor enables the monitoring of temperature and humidity in real-time on the App, which allows people to understand and adjust the status of their home. The THIRDREALITY sensor is a standard ZigBee device, supporting most ZigBee hubs, including HomeAssistant, SmartThings, Hubitat, etc.
Restraints & Challenges
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Fluctuating Prices to Restrain Market Growth
Fluctuations in the prices and the demand-supply gap in various key components & raw materials are major factors restraining the growth of the market. Moreover, high maintenance and operational costs are presenting major challenges to the market growth. Also, humidity sensor technology is a little expensive, which often increases its overall market price. Therefore, the high costs are considered as a major factor projected to challenge the market growth.
Humidity Sensor Market Segment Overview
The Humidity Sensor Market Research is segmented into Type, Material Type, Application, and Region.
- On Oct. 19, 2022, E+E Elektronik announced the expansion of its digital sensing range with the addition of the HTE301 humidity & temperature sensing element and the TEE301 temperature sensing element, providing superb measurement precision and operations in temperatures ranging from -40 °C to 125 °C. This compact 8-pin DFN package comes with an I2C interface and 4 individually configurable I2C to address the perfect solution for demanding designs.
Absolute Humidity Sensor to Witness Significant Demand
The type segment is sub-segmented into absolute humidity sensors, relative humidity sensors, and others. Absolute humidity sensors are further bifurcated into mirror-based sensors and solid moisture sensors. Relative humidity sensors are further bifurcated into capacitive, resistive, and thermal.
Among these, the absolute humidity sensor segment accounts for the largest market share, while relative humidity sensor accounts for the fastest-growing segment. In 2019, the segment held a 61.5% market share, with a market value of USD 658.0 million. The absolute humidity sensor segment is estimated to grow at a 5.1% CAGR during the forecast period. On the other hand, the relative humidity sensor segment is projected to register and an 8.6% CAGR during the forecast period.
Material Type & Application Segment Bifurcation
The material type segment is sub-segmented into semiconducting metal oxides, polymer-based, and ceramic sensing. The application segment is sub-segmented into food & beverage, plastic & polymer, buildings & tunnels, pharmaceuticals, agriculture, fabric & textile, and others.
North America is the Largest Market for Humidity Sensors
By region, the market is bifurcated into the Americas (US, Canada, Mexico, Rest-of-North America) and South America, Europe (the UK, Germany, France, Italy, and Rest-of-Europe), Asia Pacific (China, Japan, India, South Korea, and Rest-of-the-APAC), and Rest-of-the-World. Among these, North America accounts for the largest market share, followed by Europe and the Asia Pacific region, respectively.
Regional Analysis
North America to Maintain its Winning Streak
North America has always remained the market leader and could continue to maintain its winning streak throughout the assessment period. The humidity sensor market in North America reached a market valuation of USD 314.9 million in 2019, which would grow further at a 5.9% CAGR during the forecast period.
Factors such as vast technology upgrades and the high demand for IIoT devices from the industrial sectors drive the humidity sensor market growth. The US is the largest market for humidity sensors, followed by Canada and Mexico. The rising demand for humidity sensors in hotels, hospitals, buildings, and schools boosts the US humidity sensor market size.
Europe Derives Second- Highest Share
Europe holds the second-leading share in the global humidity sensor market. Factors such as the vast growth in manufacturing sectors and the large presence of agriculture and chemical companies foster Europe's humidity sensor market share.
Additionally, strict regulations and considerable healthcare spending, coupled with the extensive pool of medical device manufacturers in the region, push the regional market growth. The European market is projected to expand at a 4% CAGR, with a market value of USD 247.0 million by the end of the forecast period.
APAC, an Emerging market for humidity sensors
The Asia Pacific region is an emerging market for humidity sensors. Factors such as growing uses of humidity sensors in medical devices and agricultural applications boost the market demand in the region. Furthermore, augmenting demand due to the increasing awareness about the humidity sensor's advantages in industrial safety and agricultural applications contributes to the market's growth.
Besides, the significant expansion of prominent end-use industries like food & beverage, plastic & polymer, fabric & textile buildings & tunnels, and pharmaceuticals, and increasing automation in manufacturing sectors influence the regional market growth. The humidity sensor market in the Asia Pacific region is expected to register an 8.4% CAGR during the forecast period.
- The Building America House Simulation Protocols (HSP) have defined the default heating and cooling set points for simulations related to the Building America Program compliance. The HSP has set heating, cooling, and humidity points based on ASHRAE Standard 55-2004.
- On Jun. 17, 2019, Honeywell, a leading global provider of connected building solutions, announced enhancements to its INNCOM INNcontrol 5 energy management and guestroom system. These advanced packages provide full guestroom control and integrations with humidity, temperature, drapery, lighting, and amenities with the option for voice control. The new INNCOM INNcontrol 5 (IC5) System will allow multi-property scalability for full portfolio management.
- Honeywell also launched a new mid-market product offering that combines cost-effective, simplified energy management specifically designed for the Mid-Market hotel segment. The newly positioned INNCOM hardware and tailored networked packages feature a thermostat with a motion sensor and a door switch to manage multi-property scalability for full portfolio management.
Humidity Sensor Market Key Player & Competitive Landscape
Players Focus Product Development and Expansion
The humidity sensor market appears extremely competitive, considering the strong presence of established industry players. Temperature and humidity sensor manufacturers are increasingly facing fierce competition from each other and from local players, who are well aware of the industry's regulations and suppliers. Humidity sensor manufacturers seek opportunities to integrate across the extended value chain, focusing on expanding production facilities, R&D investments, and M&A activities.
Key Companies Covered in the Report
Honeywell International, Inc.(US), Sensirion AG (Switzerland), GE Inspection Technologies (US), PCE Holdings GmbH (Germany), Amphenol Corporation (US), Texas Instruments (US), Bosch Sensortec GmbH (Germany), OMRON Corporation (Japan), Silicon Laboratories (US), TDK Corporation (Japan), Alps Alpine co., ltd (Japan), and STMicroelectronics NV (Switzerland) are some of the affluent contenders holding sizeable humidity sensor market share.
Soiltech Wireless Inc. (US) is a leading sensor technology provider. Enabled by AT&T's nationwide, highly secure LTE-M cellular network in the United States, the Soiltech Sensor precisely records and transmits data for soil moisture, temperature, humidity, location, and impacts that may create bruising while crops are being grown, transported and stored. Soiltech's devices are useful in measuring, viewing, and managing multiple variables that impact crop quality.
Humidity Sensor Industry Developments
Honeywell International:
- January 2024:Launched the HIH-6130 series of relative humidity sensors for harsh environments, offering high accuracy and stability even in demanding industrial applications.
- October 2023:Partnered with Sensirion to develop a new integrated environmental sensor solution for smart buildings.
- August 2023:Introduced the SHT3x series of humidity and temperature sensors with best-in-class accuracy and low power consumption, targeting wearable and battery-powered devices.
Sensirion AG:
- February 2024:Collaborated with Honeywell to create an integrated environmental sensor solution for smart buildings, combining Sensirion's gas sensors with Honeywell's humidity and temperature sensors.
- November 2023:Released the SCD4x series of CO2 sensors with extended temperature range and improved accuracy, suitable for demanding industrial applications.
- September 2023:Announced the expansion of its humidity sensor production capacity to meet growing market demand.
Report Overview
The humidity sensor market analysis features unique and relevant factors that significantly impact market growth.
This detailed temperature humidity sensor market forecast would help industry players to better understand the market. The MRFR report elaborates on the historical and current relative humidity sensor market trends boosting the growth of the market.
Besides, the analysis of COVID-19 impact on the humidity sensor industry is also included in the report. Regional assessment explained in this report unlocks a plethora of untapped opportunities in regional and domestic market spaces. Detailed company profiling in the region enables users to evaluate company shares analysis, scope of the existing & emerging product lines in new markets, pricing strategies, innovation possibilities, and much more
Humidity Sensor Market Segmentation
Humidity Sensor Type Outlook
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Absolute Humidity Sensors- Mirror-Based Sensors
- Solid Moisture Sensors
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Relative Humidity Sensors- Capacitive
- Resistive
- Thermal
- Others
Humidity Sensor Material Type Outlook
- Semiconducting Metal Oxides
- Polymer-Based
- Ceramic Sensing
- Others
Humidity Sensor Application Outlook
- Food & Beverage
- Plastic & Polymer
- Buildings & Tunnels
- Pharmaceuticals
- Agriculture
- Fabric & Textile
- Others
Humidity Sensor Region Outlook
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Humidity Sensor Market Highlights:
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