Humidity Sensor Market Size 2020 Revenue Analysis, Opportunities, Growth, Trends and Forecast 2027
Market Analysis As per the analysis by Market Research Future Reports (MRFR), Humidity Sensor Market Size is estimated to attain a market value of USD 1551.4 million by 2025, expanding with a CAGR of 6.30% during the review period. The outbreak of COVID-19 has affected the global humidity sensor market. The increasing adoption of humidity sensors in industrial processes and the rising demand for smart home devices is likely to propel the market expansion. The increasing adoption of wireless moisture sensors for climate regulation in greenhouse farming is likely the most crucial factor in driving market expansion. They are used in several industries, like printing, textile, and food processing. These sensors are being adopted at a higher pace in sectors like textile, beverage, and healthcare, which is another important factor that influences the market. Apart from this, the rise in the adoption of HVAC and smart city initiatives are likely to aid in the expansion of global Humidit...