Lucintel's latest market report analyzed that humidity sensor provides attractive opportunities in the automotive, pharmaceutical & healthcare, industrial, building automation & domestic appliance, food & beverage, environmental, and agriculture sectors. The humidity sensor market is expected to reach $2.6 billion by 2028 with a CAGR of 9.5%. In this market, relative humidity sensor is the largest segment by product type, whereas automotive is largest by end use industry.
Based on product type, the humidity sensor market is segmented into absolute humidity sensor, relative humidity sensor, and others. The relative humidity sensor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing demand these sensors in a variety of applications, such as industrial process control systems, office automation, home appliances, and cabin air conditioning in automobiles owing to its ability to improve indoor air quality and control moisture level in the air.
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The Humidity Sensor Market is marked by the presence of several big and small players. Some of the prominent players offering humidity sensor include Robert Bosch, General Electric Company, Delphi Technologies,Hitachi, Honeywell International, and PCE Instruments.
This unique 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 click on this link helpdesk@lucintel.com.
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