Market Insights
"The global aluminium oxide moisture sensor market estimates a healthy growth rate of 3.2% CAGR during the forecast period."
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.
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.
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.
Key Players
Key players operating in the aluminium oxide moisture sensor market are:
- Systech Illinois (UK)
- GE (US)
- Thermo Fisher Scientific (US)
- Alpha Moisture Systems (UK)
- Michell Instruments (UK)
- COSA Xentaur (US)
- Servomex (UK)
- TechStar (US).
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Segment's Analysis
Application Trends
"The automotive segment accounted for the largest market share."
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.
Regional Insights
"The North American market accounted for the largest market share."
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 demand for innovative humidity sensor solutions, which further proliferates regional market growth.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aluminium oxide moisture sensor market? realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
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Key questions this report answers
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Relevant contents in the report
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How big is the sales opportunity?
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In-depth analysis of the Aluminium Oxide Moisture Sensor Market
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How lucrative is the future?
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Market forecast and trend data and emerging trends
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Which regions offer the best sales opportunities?
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Global, regional and country level historical data and forecasts
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Which are the most attractive market segments?
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Market segment analysis and forecast
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Which are the top players and their market positioning?
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Competitive landscape analysis, Market share analysis
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How complex is the business environment?
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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What are the factors affecting the market?
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Drivers & challenges
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10% free customization
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Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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