Digital Humidity Sensor Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Digital humidity sensor market is anticipated to grow at a CAGR of 8.2% during the forecast period (2023–2030). The market growth is attributed to the growing demand for industrial applications across the globe. Several major market players are coming up with new products to cater to the demand for industrial applications, although the use of digital solutions can be impeded by excessive noise. For instance, in March 2023, Sensirion launched the SHT40I-Analogue Humidity Sensor, that is intended for use in severe environments and demanding industrial applications where the use of digital solutions may be hindered by excessive noise levels. For high-volume applications, the novel sensor offers simple design-in and output characteristics tailored to the needs of the user. Modern humidity and temperature sensors such as the SHT40I-Analogue were developed for use in demanding industrial applications, including air conditioning and refrigeration systems.

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The global digital humidity sensor market is segmented by technology, application, and industry vertical. Based on the technology, the market is sub-segmented into MEMS, CMOS, and others. Based on the application, the market is sub-segmented into the food industry, mining industry, cement industry, and pharmaceutical industry. Furthermore, based on industry vertical, the market is sub-segmented into residential, commercial, automotive, industrial, agriculture, weather stations, healthcare, and others. Among the industry vertical, the automotive sub-segment is anticipated to grow significantly the market. Humidity sensors are being used more frequently to make sure that the air inside cars is properly regulated. The aforementioned sensors can be very useful in reducing inside windscreen fogging.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Digital Humidity Sensor Market Report Segment

By Technology

  • MEMS (Micro Electro-Mechanical System)
  • CMOS (Complementary Metal Oxide Semiconductor)
  • Others

By Industry Vertical  

  • Residential
  • Commercial
  • Automotive
  • Industrial
  • Agriculture
  • Weather Station
  • Healthcare
  • Others

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global digital humidity sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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