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The growing demand in automotive sector specifically in the developing nations such as India, China, and South Korea, in Asia-Pacific region is expected to play a important role boosting the humidity sensors market growth during the forecasted period.
These sensors cannot measure the humidity levels of the room or the interiors of the cars for a longer period of time, as a result these sensors require timely maintenance which is the key factor that is restraining the market growth.
On the basis of type, humidity sensor market is categorized into absolute humidity sensors and relative humidity sensor and others. Absolute humidity sensor segment held the largest market value accounting for more than $522.1 million in 2018. However, relative humidity sensor segment is projected to boost the global humidity sensor market during forecast period and accounting for $509.0 million, boosting the market growth at a CAGR of 8.3% by 2026.
Based on end-user, the humidity sensor market is divided into automotive, pharmaceutical & healthcare, industrial, building automation & domestic appliances, food & beverages, environmental and agriculture among others. Automotive segment led the humidity sensor market in the year 2018 accounting for $160.1 million growing at a CAGR of 7.1%. In addition, industrial segment is anticipated to drive the market during the forecasted period accounting for $242.1 million by 2026 and is projected to grow at a CAGR of 7.9% during the projected timeframe.
Depending on the region, the market is segregated into North America, Europe, Asia-Pacific and LAMEA. North America region accounted for $244.5 million in 2018 and is expected to grow at a CAGR of 7.0% during the forecast period. Asia-Pacific region is projected to dominate the humidity sensor market during the forecast period. The Asia-Pacific region is anticipated to account for $405.0 million, growing at CAGR of 7.9% during the projected time frame.
The key market players in humidity Sensor market include Honeywell International Inc., General Electric Co., Sensirion AG, B+B Thermo-Technik GmbH, Innovative Sensor Technology (IST) AG, E + E Elektronik GES.M.B.H, Michell GmbH, Galltec Mess-und Regeltechnik GmbH, Arthur Grillo GmbH, TE Connectivity among many others.
1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters
1.4.1.Assumptions
1.4.2.Forecast parameters
1.5.Data sources
1.5.1.Primary
1.5.2.Secondary
2.Executive Summary
2.1.360° summary
2.2.Type trends
2.3.End-user trends
3.Market overview
3.1.Market segmentation & definitions
3.2.key takeaways
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter’s five forces analysis
3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market
3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities
3.5.End-user landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Market value chain analysis
3.9.Strategic overview
4.Humidity Sensor Market, by Type
4.1.Absolute Humidity Sensor
4.1.1.Market size and forecast, by region, 2019-2026
4.1.2.Comparative market share analysis, 2018 &2026
4.2.Relative Humidity Sensor
4.2.1.Market size and forecast, by region, 2019-2026
4.2.2.Comparative market share analysis, 2018 &2026
4.3.Other
4.3.1.Market size and forecast, by region, 2019-2026
4.3.2.Comparative market share analysis, 2018 &2026
5.Humidity Sensor Market, by End-user
5.1.Automotive
5.1.1.Market size and forecast, by region, 2019-2026
5.1.2.Comparative market share analysis, 2018 &2026
5.2.Pharmaceutical & Healthcare
5.2.1.Market size and forecast, by region, 2019-2026
5.2.2.Comparative market share analysis, 2018 &2026
5.3.Industrial
5.3.1.Market size and forecast, by region, 2019-2026
5.3.2.Comparative market share analysis, 2018 &2026
5.4.Building Automation & Domestic Appliances
5.4.1.Market size and forecast, by region, 2019-2026
5.4.2.Comparative market share analysis, 2018 &2026
5.5.Food & Beverages
5.5.1.Market size and forecast, by region, 2019-2026
5.5.2.Comparative market share analysis, 2018 &2026
5.6.Environmental
5.6.1.Market size and forecast, by region, 2019-2026
5.6.2.Comparative market share analysis, 2018 &2026
5.7.Agriculture
5.7.1.Market size and forecast, by region, 2019-2026
5.7.2.Comparative market share analysis, 2018 &2026
5.8.Others
5.8.1.Market size and forecast, by region, 2019-2026
5.8.2.Comparative market share analysis, 2018 &2026
6.Humidity Sensor Market, by Region
6.1.North America
6.2.Market size and forecast, by Type, 2019-2026
6.3.Market size and forecast, by End-user, 2019-2026
6.4.Market size and forecast, by country, 2019-2026
6.5.Comparative market share analysis, 2018 &2026
6.5.1.U.S.
6.5.1.1.Market size and forecast, by Type, 2019-2026
6.5.1.2.Market size and forecast, by End-user, 2019-2026
6.5.1.3.Comparative market share analysis, 2018 &2026
6.5.2.Canada
6.5.2.1.Market size and forecast, by Type, 2019-2026
6.5.2.2.Market size and forecast, by End-user, 2019-2026
6.5.2.3.Comparative market share analysis, 2018 &2026
6.5.3.Mexico
6.5.3.1.Market size and forecast, by Type, 2019-2026
6.5.3.2.Market size and forecast, by End-user, 2019-2026
6.5.3.3.Comparative market share analysis, 2018 &2026
6.6.Europe
6.6.1.Market size and forecast, by Type, 2019-2026
6.6.2.Market size and forecast, by End-user, 2019-2026
6.6.3.Market size and forecast, by country, 2019-2026
6.6.4.Comparative market share analysis, 2018 &2026
6.6.5.UK
6.6.5.1.Market size and forecast, by Type, 2019-2026
6.6.5.2.Market size and forecast, by End-user, 2019-2026
6.6.5.3.Comparative market share analysis, 2018 &2026
6.6.6.Germany
6.6.6.1.Market size and forecast, by Type, 2019-2026
6.6.6.2.Market size and forecast, by End-user, 2019-2026
6.6.6.3.Comparative market share analysis, 2018 &2026
6.6.7.France
6.6.7.1.Market size and forecast, by Type, 2019-2026
6.6.7.2.Market size and forecast, by End-user, 2019-2026
6.6.7.3.Comparative market share analysis, 2018 &2026
6.6.8.Spain
6.6.8.1.Market size and forecast, by Type, 2019-2026
6.6.8.2.Market size and forecast, by End-user, 2019-2026
6.6.8.3.Comparative market share analysis, 2018 &2026
6.6.9.Italy
6.6.9.1.Market size and forecast, by Type, 2019-2026
6.6.9.2.Market size and forecast, by End-user, 2019-2026
6.6.9.3.Comparative market share analysis, 2018 &2026
6.6.10.Rest of Europe
6.6.10.1.Market size and forecast, by Type, 2019-2026
6.6.10.2.Market size and forecast, by End-user, 2019-2026
6.6.10.3.Comparative market share analysis, 2018 &2026
6.7.Asia-Pacific
6.7.1.Market size and forecast, by Type, 2019-2026
6.7.2.Market size and forecast, by End-user, 2019-2026
6.7.3.Market size and forecast, by country, 2019-2026
6.7.4.Comparative market share analysis, 2018 &2026
6.7.5.China
6.7.5.1.Market size and forecast, by Type, 2019-2026
6.7.5.2.Market size and forecast, by End-user, 2019-2026
6.7.5.3.Comparative market share analysis, 2018 &2026
6.7.6.Japan
6.7.6.1.Market size and forecast, by Type, 2019-2026
6.7.6.2.Market size and forecast, by End-user, 2019-2026
6.7.6.3.Comparative market share analysis, 2018 &2026
6.7.7.India
6.7.7.1.Market size and forecast, by Type, 2019-2026
6.7.7.2.Market size and forecast, by End-user, 2019-2026
6.7.7.3.Comparative market share analysis, 2018 &2026
6.7.8.Australia
6.7.8.1.Market size and forecast, by Type, 2019-2026
6.7.8.2.Market size and forecast, by End-user, 2019-2026
6.7.8.3.Comparative market share analysis, 2018 &2026
6.7.9.South Korea
6.7.9.1.Market size and forecast, by Type, 2019-2026
6.7.9.2.Market size and forecast, by End-user, 2019-2026
6.7.9.3.Comparative market share analysis, 2018 &2026
6.7.10.Rest of Asia-Pacific
6.7.10.1.Market size and forecast, by Type, 2019-2026
6.7.10.2.Market size and forecast, by End-user, 2019-2026
6.7.10.3.Comparative market share analysis, 2018 &2026
6.8.LAMEA
6.8.1.Market size and forecast, by Type, 2019-2026
6.8.2.Market size and forecast, by End-user, 2019-2026
6.8.3.Market size and forecast, by country, 2019-2026
6.8.4.Comparative market share analysis, 2018 &2026
6.8.5.Latin America
6.8.5.1.Market size and forecast, by Type, 2019-2026
6.8.5.2.Market size and forecast, by End-user, 2019-2026
6.8.5.3.Comparative market share analysis, 2018 &2026
6.8.6.Middle East
6.8.6.1.Market size and forecast, by Type, 2019-2026
6.8.6.2.Market size and forecast, by End-user, 2019-2026
6.8.6.3.Comparative market share analysis, 2018 &2026
6.8.7.Africa
6.8.7.1.Market size and forecast, by Type, 2019-2026
6.8.7.2.Market size and forecast, by End-user, 2019-2026
6.8.7.3.Comparative market share analysis, 2018 &2026
7.Company profiles
7.1.Honeywell International Inc.
7.1.1.Business overview
7.1.2.Financial performance
7.1.3.Type portfolio
7.1.4.Recent strategic moves & developments
7.1.5.SWOT analysis
7.2.General Electric Co.
7.2.1.Business overview
7.2.2.Financial performance
7.2.3.Type portfolio
7.2.4.Recent strategic moves & developments
7.2.5.SWOT analysis
7.3. Sensirion AG
7.3.1.Business overview
7.3.2.Financial performance
7.3.3.Type portfolio
7.3.4.Recent strategic moves & developments
7.3.5.SWOT analysis
7.4.B+B Thermo-Technik GmbH
7.4.1.Business overview
7.4.2.Financial performance
7.4.3.Type portfolio
7.4.4.Recent strategic moves & developments
7.4.5.SWOT analysis
7.5.Innovative Sensor Technology (IST) AG
7.5.1.Business overview
7.5.2.Financial performance
7.5.3.Type portfolio
7.5.4.Recent strategic moves & developments
7.5.5.SWOT analysis
7.6. E + E Elektronik GES.M.B.H
7.6.1.Business overview
7.6.2.Financial performance
7.6.3.Type portfolio
7.6.4.Recent strategic moves & developments
7.6.5.SWOT analysis
7.7.Michell GmbH
7.7.1.Business overview
7.7.2.Financial performance
7.7.3.Type portfolio
7.7.4.Recent strategic moves & developments
7.7.5.SWOT analysis
7.8.Galltec Mess-und Regeltechnik GmbH
7.8.1.Business overview
7.8.2.Financial performance
7.8.3.Type portfolio
7.8.4.Recent strategic moves & developments
7.8.5.SWOT analysis
7.9.Arthur Grillo GmbH
7.9.1.Business overview
7.9.2.Financial performance
7.9.3.Type portfolio
7.9.4.Recent strategic moves & developments
7.9.5.SWOT analysis
7.10.TE Connectivity
7.10.1.Business overview
7.10.2.Financial performance
7.10.3.Type portfolio
7.10.4.Recent strategic moves & developments
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