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Global Humidity Sensor Market to Grow Progressively During 2020-2024
[November 17, 2020]

Global Humidity Sensor Market to Grow Progressively During 2020-2024


The humidity sensor market is expected to grow by USD 360.87 million, progressing at a CAGR of almost 6% during the forecast period.
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Technavio has announced its latest market research report titled Global Humidity Sensor Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Humidity Sensor Market 2020-2024 (Graphic: Business Wire)

The government regulations in the automotive segment is one of the major factors propelling market growth. However, factors such as technical challenges of humidity sensors will hamper the market growth.

More details: https://www.technavio.com/report/humidity-sensor-market-industry-analysis

Humidity Sensor Market: Geographic Landscape

APAC will offer several growth opportunities to market vendors during the forecast period. The rising demand for contactless humidity sensors will significantly influence the humidity sensor market's growth in this region. 45% of the market's growth will originate from APAC during the forecast period. China is the key market for the humidity sensor market in APAC.

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Companies Covered:

  • Analog Devices Inc.
  • Delphi (News - Alert) Technologies Plc
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • NXP Semiconductors NV
  • OMRON Corp.
  • Robert Bosch GmbH
  • Schneider Electric (News - Alert) SE

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Industrial - Market size and forecast 2019-2024
  • Consumer electronics - Market size and forecast 2019-2024
  • HVAC system - Market size and forecast 2019-2024
  • Climate and test chambers - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Analog Devices (News - Alert) Inc.
  • Delphi Technologies Plc
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • NXP Semiconductors (News - Alert) NV
  • OMRON Corp.
  • Robert Bosch GmbH
  • Schneider Electric SE

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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