Global Digital Temperature and Humidity Sensor Market Size, Trends & Growth Opportunity, By Sensor Type (Temperature Sensor (Electrical Temperature Sensor, and Capacitive Temperature Sensors), and Humidity Sensors (Capacitive Humidity Sensor, and Resistive Humidity Sensor)), By Technology (Microelectrochemical Systems, Complementary Metal-Oxide Semiconductor, and Thin-film Polymer Technology), By Packaging Type (Surface Mount Technology and Pin- Type Packaging), By Application (Powertrain, Body Electronics, Alternative Fuel Vehicles), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100362 | Industries : Energy & Power | Published On :May 2024 | Page Count : 242
Global Digital Temperature and Humidity Sensor Market Size, Trends & Growth Opportunity, By Sensor Type (Temperature Sensor (Electrical Temperature Sensor, and Capacitive Temperature Sensors), and Humidity Sensors (Capacitive Humidity Sensor, and Resistive Humidity Sensor)), By Technology (Microelectrochemical Systems, Complementary Metal-Oxide Semiconductor, and Thin-film Polymer Technology), By Packaging Type (Surface Mount Technology and Pin- Type Packaging), By Application (Powertrain, Body Electronics, Alternative Fuel Vehicles), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Digital Temperature and Humidity Sensor Market
The Global Digital Temperature and Humidity Sensor Market was valued at USD 5.5 billion in 2021 and is expected to reach USD 12.86 billion by 2027, at a CAGR 9.33% from 2022-2027.
Temperature and humidity sensor is a type of device that can convert temperature and humidity into electrical signals that can be easily measured and processed. These sensors consume a small dual-flat no-leads package. This series contains a band gap temperature sensor, capacitive type humidity sensor, and specialized analogue & digital integrated circuits all on a single chip. A humidity sensor is an electronic device which measures the humidity in its environment & converts its findings into a corresponding electrical signal.
Market Drivers
Rising demand of digital temperature and humidity sensors across various applications in consumer electronics like in printers, smartphones, and appliances, are the key driving factors which are expected to boost the global digital temperature and humidity sensor market growth.
Furthermore, growing demand for digital temperature and humidity sensors due to its features such as, high reliability, compact design, high accuracy, and fastest time response have a positive impact on market growth. Moreover, introduction of IoT & automation processes requires high performance for digital temperature and humidity sensors that will boost the market growth during this forecast period 2027.
Market Restraints
The unavailability of aftermarket is the major restraining factor which is expected to hamper the global digital temperature and humidity sensor market growth. Also, cost pressure on automotive OEMs will hinder the market growth.
Market Segmentation
The Global Digital Temperature and Humidity Sensor Market is segmented into sensor type, technology, packaging, application, and region.
Based on application, the market is segmented as powertrain, body electronics, and others.
Regional Analysis
The Global Digital Temperature and Humidity Sensor Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
The North American region is estimated to hold the largest amount of market share during the forecast period 2027, owing to high government investments in smart grid infrastructure and continuous up-gradation of existing infrastructure towards the latest technology. Rising convergence of the utility sector with digitalization to deliver an intelligent digital grid management system has contributed to the growth of the region.
Key Players
Various key players are discussed into the Global Digital Temperature and Humidity Sensor Market Report including: Honeywell International Inc., Epcos AG, Delphi Automotive Plc, Continental AG, Analog Devices, Inc., Measurement Specialities Inc., Melexis NV, NXP Semiconductors, Robert Bosch GMBH, and PCE Holdings GmbH, Others.
For instance, in March 2021, Bosch Sensortec had launched BME688, 1st gas sensor combining gas, temperature, humidity, barometric pressure sensing with Artificial Intelligence.
Market Taxonomy
By Sensor Type
• Temperature Sensors
o Electrical Temperature Sensor
o Capacitive Temperature Sensors
• Humidity Sensor
• Capacitive Humidity Sensor
• Resistive Humidity Sensor
By Technology
• Microelectrochemical Systems
• Complementary Metal-Oxide Semiconductor
• Thin-film Polymer Technology
By Packaging Type
• Surface Mount Technology
• Pin- Type Packaging
By Application
• Powertrain
• Body Electronics
• Alternative Fuel Vehicles
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Digital Temperature and Humidity Sensor Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Digital Temperature and Humidity Sensor Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Digital Temperature and Humidity Sensor Market, By Sensor Type
5.1 Y-o-Y Growth Comparison, By Sensor Type
5.2 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
5.3 Global Digital Temperature and Humidity Sensor Market Size and Forecast, By Sensor Type
5.3.1 Temperature Sensors
5.3.1.1 Electrical Temperature Sensor
5.3.1.2 Capacitive Temperature sensors
5.3.2 Humidity Sensors
5.3.2.1 Capacitive Humidity Sensor
5.3.2.2 Resistive Humidity Sensor
6 Global Digital Temperature and Humidity Sensor Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Technology
6.3 Global Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
6.3.1 Microelectrochemical Systems
6.3.2 Complementary Metal-Oxide Semiconductor
6.3.3 Thin-Film Polymer Technology
7 Global Digital Temperatures and Humidity Sensor Market, By Packaging Type
7.1 Y-o-Y Growth Comparison, By Packaging Type
7.2 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Packaging Type
7.3 Global Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
7.3.1 Surface Mount Technology
7.3.2 Pin-Type packaging
8 Global Digital Temperature and Humidity Sensor Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Application
8.3 Global Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
8.3.1 Powertrain
8.3.2 Body Electronics
8.3.3 Alternative Fuel Vehicles
9 Global Digital Temperature and Humidity Sensor Market, By Region
9.1 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Region
9.2 Global Digital Temperature and Humidity Sensor Market Share Analysis, By Region
9.3 Global Digital Temperature and Humidity Sensor Market Size and Forecast, By Region
10 North America Digital Temperatures and Humidity Sensor Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
10.3 North America Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
10.4 North America Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
10.5 North America Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
10.6 North America Digital Temperature and Humidity Sensor Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Digital Temperature and Humidity Sensor Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
11.3 Europe Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
11.4 Europe Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
11.5 Europe Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
11.6 Europe Digital Temperature and Humidity Sensor Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Digital Temperature and Humidity Sensor Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
12.3 Asia Pacific Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
12.4 Asia Pacific Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
12.5 Asia Pacific Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
12.6 Asia Pacific Digital Temperature and Humidity Sensor Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Digital Temperature and Humidity Sensor Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
13.3 Latin America Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
13.4 Latin America Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
13.5 Latin America Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
13.6 Latin America Digital Temperature and Humidity Sensor Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Digital Temperature and Humidity Sensor Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Digital Temperature and Humidity Sensor Market Share Analysis, By Sensor Type
14.3 Middle East Digital Temperature and Humidity Sensor Market Size and Forecast, By Technology
14.4 Middle East Digital Temperature and Humidity Sensor Market Size and Forecast, By Packaging Type
14.5 Middle East Digital Temperature and Humidity Sensor Market Size and Forecast, By Application
14.6 Middle East Digital Temperature and Humidity Sensor Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Honeywell International Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Epcos AG
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Delphi Automotive Plc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Continental AG
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Analog Devices, Inc.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Measurement Specialities Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Melexis NV
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 NXP Semiconductors
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Robert Bosch GMBH
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 PCE Holdings GmbH
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies