404
+1-313-307-4176
sales@stratviewresearch.com
Aluminium Oxide Moisture Sensor Market Report
Aluminium Oxide Moisture Sensor Market Trends, Dynamics & Market Insights
The Aluminium Oxide Moisture Sensor Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of 3.2% during the forecast period.
Wish to get a free sample? Register Here
Aluminium oxide moisture sensors offer accurate determination of frost point, dew point, in ppm, or relative humidity in most common industrial gases. The operating principle of the aluminium oxide sensor is that its capacitance varies with the moisture concentration.
Key players operating in the aluminium oxide moisture sensor market are-
Aluminium oxide is a sensing technology that offers dew point and ppm measurements of moisture in real-time with high accuracy. The growing product adoption for moisture-sensitive applications in industries such as petrochemical, automotive, pharmaceutical, and aerospace, among others is likely to spur market growth. Also, the growing demand for contactless sensors which can be deployed in potentially hazardous environments, such as places exposed to radiation is further expected to augment the industry growth.
Based on application, the aluminium oxide moisture sensor market is categorized into petrochemical, natural gas, semiconductor, automotive, pharmaceutical, aerospace, and others. The automotive segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to the rising adoption of these sensors to ensure that the air inside the car is optimally regulated. Also, these sensors can primarily help in preventing windscreen fogging inside the car cabin, thereby bolstering the segment growth.
By region, the North American market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the increasing adoption of air quality monitoring systems with integrated humidity sensor solutions is particularly growing in the region. The demand for sensor solutions that can be integrated into handheld devices is also boosting the demand for innovative humidity sensor solutions, which further proliferates regional market growth.
The COVID-19 outbreak has moderately affected the aluminium oxide moisture sensor industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. The pandemic has adversely affected the petrochemical, natural gas, semiconductor, automotive, and aerospace sectors which witnessed a halt in operations and limited workforce, which further impacted the growth.
Here is the list of the group of customers that the aluminium oxide moisture sensors market hopes to have the greatest opportunity to convert-
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The aluminium oxide moisture sensor market is expected to witness an impressive growth of 3.2% CAGR in the foreseeable future.
Systech Illinois (UK), GE (US), Thermo Fisher Scientific (US), Alpha Moisture Systems (UK), Michell Instruments (UK), COSA Xentaur (US), Servomex (UK), and TechStar (US) are among the key players in the aluminium oxide moisture sensor market.
The automotive segment is expected to register a healthy CAGR in the aluminium oxide moisture sensor market in the coming years.
North America is expected to register the highest CAGR in the aluminium oxide moisture sensor market during the next five years.
Aluminium oxide moisture sensor vendors, Aluminium oxide moisture sensor retailers, Petrochemical companies, Automotive companies are the target audience in the aluminium oxide moisture sensor market.
The growing product adoption for moisture-sensitive applications in industries such as petrochemical, automotive, pharmaceutical, and aerospace, among others is likely to spur the market growth.
WE ACCEPT
