Humidity Sensor Market Size, Share, Growth Analysis, By Type(capacitive, resistive) - Industry Forecast 2024-2031

Humidity Sensors Market size was valued at USD 5.06 billion in 2022 and is poised to grow from USD 5.47 billion in 2023 to USD 10.28 billion by 2031, at a CAGR of 8.20% during the forecast period (2024-2031).

During the forecast period, it is expected that the competition in the humidity sensor market will intensify as new players enter the market and the number of devices compatible with humidity sensors grows. At present, there are only a few key players operating in the market, but this is likely to change in the coming years as more companies seek to offer their services. 'Honeywell International Inc.', 'TE Connectivity Ltd.', 'Sensirion AG', 'STMicroelectronics N.V.', 'Texas Instruments Incorporated', 'Amphenol Advanced Sensors', 'Bosch Sensortec GmbH', 'Omron Corporation', 'Silicon Laboratories Inc.', 'Fujikura Ltd.', 'Alps Alpine Co., Ltd.', 'Asahi Kasei Microdevices Corporation', 'E+E Elektronik Ges.m.b.H.', 'Microchip Technology Inc.', 'Murata Manufacturing Co., Ltd.', 'NXP Semiconductors N.V.', 'Robert Bosch GmbH', 'Sensata Technologies, Inc.', 'Yokogawa Electric Corporation', 'Vaisala Oyj', ' In January 2024, European smart home device manufacturer Shelly launched a new version of its temperature and humidity sensor, plus an even smaller smart relay switch.   ', ' In November 2023, New York startup Tuo released their third Matter over Thread product, which comes on the tail-end of their Smart button, and the more recently released Contact sensor. Listed as the TUO Temperature Sensor, aside from the humidity sensor, it can also detect VOCs (volatile Organic Compounds), much like the offerings from Eve (Eve Room), and Aqara (Aqara TVOC Sensor).    ', ' In September 2023, Wiliot, the Internet of Things pioneer whose ambient IoT Visibility Platform is enabling trillions of “things” to gain intelligence, announced that it has achieved the breakthrough ability to sense and analyze humidity levels of individual products, in real-time, throughout the supply chain. '

The demand for humidity sensors is increasing due to increasing concerns about indoor air quality. Due to the fragility of the air inside, respiratory problems can be the problems with other health problems, thus it is important to assess and maintain the desired internal-fragility. Kill -Control humidity levels and ensure they remain within safe and healthy limits.Also, check optimum indoor humidity levels to prevent the growth of mold and bacteria, reduce the spread of airborne pathogens, and respiratory health can be improved. As a result, there is an increasing demand for humidifiers in various sectors such as healthcare, food processing and manufacturing.

One notable trend in the humidity sensor market is advancement in sensor technology to provide improved accuracy, reliability and robustness. This growth is driven by the need for sensors that can perform well in harsh environmental conditions and meet the specific requirements of various applications. Businesses are investing in research and development to develop sensors that can withstand extreme temperatures, humidity and pressure. These sensors are designed to provide accurate and reliable measurements, which are important in industries such as healthcare, automotive and aerospace. Advanced water coolers are an important part of the market, as they offer improved performance, robustness and efficiency to meet the evolving needs of various industries.

Globally, the North American region held the dominant position in the humidity sensor market. This can be attributed to the presence of several leading manufacturers of humidity sensors in the region. Additionally, the adoption of air quality monitoring systems integrated with humidity sensor solutions is on the rise in North America. The demand for innovative humidity sensor solutions that can be integrated into handheld devices is also driving the market in the region.