New ARC Advisory Group research on humidity and moisture sensors reveals that the market has been impacted by a series of major automation trends, including IIoT/Industrie 4.0, Big Data, and cloud computing, related to the needs of end users and original equipment manufacturers.
One of the key trends is IIoT. In the manufacturing sector, companies continue to battle the challenges of an aging workforce and operations moving into locations that are remote or lack access to expertise. IIoT solutions promise to address these challenges, while allowing for safe and secure operations. IIoT also contributes to the increasing demand for humidity and moisture sensors by helping industrial organizations achieve breakthrough performance through connectivity via the Cloud, mobility, Big Data analytics, and smart devices to access and analyze the data collected by these sensors.
“Sensor technology is well established, and major changes in sensor technology itself are rare. Technological developments aim to reduce cost, enable faster measuring speed, and increase measuring distances. These incremental technological improvements drive business growth. Suppliers should closely follow trends to foresee upcoming changes in demand and stay ahead of their competitors,” according to Vidya Prasad, Analyst at ARC Advisory Group and key author of ARC’s Humidity and Moisture Sensors Global Market Research 2017–2022 report.
“Users are collecting more information from manufacturing and analyzing Big Data to optimize processes. As analysis advances, demand for data will increase further, so these sensors will need to handle more data securely and be better integrated with analytics software to provide information to the user for making decisions,” added Vidya.
About the Humidity and Moisture Sensors Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the humidity and moisture sensors market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by world regions, industry, unit of measurement, and product type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.