According to a new market report by Lucintel, the future of the humidity sensor market looks promising with opportunities in the automotive, healthcare, industrial, food & beverage, and building & construction end use industries. The global humidity sensor market is expected to grow with a CAGR of 8% from 2020 to 2025. The major growth drivers for this market are growth of the automotive industry and development of smart cities.
To download report brochure, please go to https://www.lucintel.com/humidity-sensor-market.aspx and click "download brochure" tab from the menu
In this market, absolute humidity sensors and relative humidity sensors are the major product types.
Within the humidity sensor market, automotive, healthcare, industrial, food & beverage, and building & construction are the major end use industries.
Asia Pacific is expected to witness the highest growth over the forecast period, supported by growth of the automotive industry and development of smart cities in China, India, and South Korea, among other nations.
Robert Bosch GmbH, General Electric Company, Delphi Technologies, Hitachi, Honeywell, PCE Instruments, BEI Sensors, TE Connectivity, Continental AG, and Infineon are the major manufacturers of the humidity sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the humidity sensor market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Humidity Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global humidity sensor market by product type, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Absolute Humidity Sensors
Relative Humidity Sensors
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Automotive
Healthcare
Industrial
Building & Construction
Food & Beverages
Others
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.