The global hygrometer market revenue is projected to reach nearly USD 900 Million by 2028 with an estimated CAGR of 10% from 2021 to 2028. This growth is mainly ascribed to the diverse applications which are extensively popularizing adoption.
Dallas, Texas, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Increasing research development activities associated environmental science is encouraging the development of advanced tools and devices is driving the growth of the global hygrometer market. hygrometer is a device primarily used in meteorological science for capabilities in monitoring and detecting the exact humidity levels determining the amount of water vapour present in the atmospheric air. Rapidly growing focus on the environmental status and changes in climatic conditions with rising incidences of the human led natural calamities along with rising temperatures and changing seasonal patterns are fuelling extensive research studies and projects by scientists determining the cause of change and the ways to recover devastations ultimately boosting the demand for active devices allowing accurate detection.
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Leading players comprise of:
Introduction of specific types of advanced hygrometer devices with enhanced features and characteristics allowing highly efficient measurement of temperature and humidity are compelling the end-users to adopt hygrometers at the earliest thereby estimating a substantial growth of the global hygrometer market over the forecast period. Hygrometers are also increasingly adopted across different facilities selling highly perishable products with a strong need for controlled environment such as food products, flowers and plant seller, pharmaceuticals and chemicals. Consolidation of the hygrometer market can be attributed to the strengthening market landscape of consumer industries such as the climate/meteorology and weather forecast sector.
Product types comprise of:
Applications comprise of:
The demand for hygrometers is skyrocketing with increasing applications across research laboratories and scientific applications in climatology, growing adoption to study the rising incidences of unprecedented storms, tornados and cyclones. Increasing agricultural infrastructure, rising investments and rapidly pacing technologically equipped system integration has contributed significant demand for hygrometers particularly with the rising research and experimentation to grow crops within a controlled environment are fuelling the growth of the global hygrometer market over the forecast. Determination of fluctuations in temperature and humidity have vast ranging applications from laboratories, research spaces to warehouses, cafes and restaurants.
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Healthcare sector is among the most significant drivers displaying a massive demand for hygrometers over the coming decades. The rapidly expanding infrastructure of the healthcare sector worldwide is encouraging the development of highly advanced and fully equipped healthcare and medical facilities with next-generation technological systems including devices, equipments and software capable of efficiently conducting a streamlined system providing healthcare services. Hygrometers in particular allow healthcare facilities to maintain desired range of temperature and humidity as per patient requirement thus achieving capabilities of catering to specific patient needs of different patients under one facility ultimately enhancing the market growth over the forecast.
A wide spectrum of hygrometers are available in the market centring around specific needs. With growing technological advancements there is a sustainable landscape of opportunities for introduction of novel devices with superior quality. Early adoption of hygrometers by the pharmaceutical and biomedical devices industry are further accelerating the growth of the global hygrometer market. with rising popularity and influx of technologies such as internet of things, machine learning, robotics and artificial intelligence is encouraging advanced set-ups to ease the installation and use of equipments and devices is further supporting an optimum rise in the market growth over the forecast.
The global hygrometer market offers an array of different types of devices including resistance hygrometers, capacitive hygrometers, thermal, and gravimetric hygrometers. Thermal hygrometers are widely used to detect the temperature and humidity across commercial spaces. Applications of the wide range of hygrometers can be split into residential and commercial applications which covers series of industrial customers of the global hygrometers market. regions with a wide scope for growth of the global keyword market includes North America, MEA, APAC, South America and Europe which showcase a predominant presence of the global hygrometer market.
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1.2. Market Definition and Scope
1.3. Units, Currency, Conversions, and Years Considered
1.4. Key Stakeholders
1.5. Key Questions Answered
2. Research Methodology
2.2. Data Capture Sources
2.3. Market Size Estimation
2.4. Market Forecast
2.5. Data Triangulation
2.6. Assumptions and Limitations
3. Market Outlook
3.2. Market Dynamics
3.3. Porter’s Five Forces Analysis
3.4. PEST Analysis
4. Global Hygrometer Market by Type, 2021-2028 (USD Million)
5. Global Hygrometer Market by Application, 2021-2028 (USD Million)
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