Global HVAC temperature and humidity sensor Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global HVAC temperature and humidity sensor Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Among various types of sensors, temperature and humidity sensor modules occupy a prominent position. These small but powerful devices have revolutionized environmental monitoring in many industries, providing precise measurements and valuable insights into temperature and humidity levels. HVAC temperature and humidity sensor modules play a vital role in smart home systems and building automation. These sensors enable homeowners and facility managers to maintain optimal living and working conditions by continuously monitoring and adjusting temperature and humidity levels. HVAC temperature and humidity sensors improve energy efficiency by integrating with heating, ventilation and air conditioning (HVAC) systems, enabling automated control and smart climate management.

Market Overview:

The latest research study on the global HVAC temperature and humidity sensor market finds that the global HVAC temperature and humidity sensor market reached a value of USD 984.39 million in 2023. It’s expected that the market will achieve USD 1385.82 million by 2029, exhibiting a CAGR of 5.87% during the forecast period.

HVAC temperature and humidity sensor is one of the sensors. It passes the temperature and humidity in the air through a certain detection device. After measuring the temperature and humidity, it converts it into an electrical signal or other required form of information output according to certain rules to satisfy the user. need. Since temperature and humidity are closely related both in terms of physical quantities themselves and in actual people's lives, sensors integrating temperature and humidity will be produced accordingly. Temperature and humidity sensors refer to equipment or devices that can convert temperature and humidity quantities into electrical signals that can be easily measured and processed. The wide application of temperature and humidity sensor modules has revolutionized environmental monitoring in various industries. These sensors play a key role in maintaining optimal performance, improving efficiency and enabling data-driven decisions. As technology advances, sensor modules continue to evolve, offering greater accuracy, connectivity, and integration capabilities. With their ability to provide real-time data and valuable insights, temperature and humidity sensor modules have become an indispensable tool in the quest for a more sustainable and optimized future.

HVAC system intelligence needs

High energy consumption and low energy efficiency are common problems in the HVAC systems of large public buildings in my country. Building energy consumption has become the three big energy consumers of energy consumption alongside industrial energy consumption and transportation energy consumption. Due to the limitations of traditional building management, buildings have become the main carrier of energy waste, with energy consumption accounting for 30% of the total operating costs. The current economic environment makes HVAC pay more attention to input-output ratio and control budget and costs more strictly. According to statistics, most companies have not calculated the carbon dioxide emissions caused by IT equipment and have no goal of sustainable IT greening environment. However, green, carbon reduction and smart have become terms that cannot be ignored in contemporary times. According to the system requirements of smart HVAC, future smart HVAC systems can use the following technologies to realize the functional requirements of smart HVAC: that is, remote control includes pre-programmed control, cloud remote control, network control and automatic personnel identification control, etc., which can Help achieve energy saving and smart maintenance. In the process of HVAC intelligence, the detection of temperature and humidity is an extremely important step. Promoting HVAC intelligence drives the technological development of HVAC temperature and humidity sensors. The future of smart HVAC includes enhanced sensing capabilities, expanded home automation with smart devices and device connectivity, and responsive, energy-efficient zoned comfort systems. For homeowners, the benefits are personalized comfort, improved indoor air quality, greater convenience and lower energy consumption, which is both good for the bottom line and good for the planet. Considering these goals, it is important to develop and adopt accurate and efficient temperature and humidity sensors.

Region Overview:

From a regional perspective, Europe, Asia Pacific, and North America are the three largest revenue markets. In 2022, Europe, Asia Pacific, and North America will reach 34.74%, 20.89%, and 37.88% respectively. It can be seen from the data that China's HVAC temperature and humidity sensor market is developing rapidly, driven by the demand for downstream applications in homes, commercial buildings, industrial buildings, and public buildings.

Company Overview:

Siemens
Siemens AG is the world's leading technology company. Founded in 1847, it operates in more than 200 countries around the world and focuses on electrification, automation and digitalization. Siemens entered China in 1872. For more than 140 years, it has unremittingly provided comprehensive support for China's development with innovative technology, excellent solutions and products, and has outstanding quality, trustworthy reliability, leading technological achievements, The unremitting pursuit of innovation has established its leading position in the Chinese market. Siemens Smart Infrastructure intelligently connects energy systems, buildings and industries to improve the way people live and work. Work with customers and partners to create an ecosystem that responds intuitively to people's needs and helps customers optimize resource utilization.

Johnson Controls

Johnson Controls is committed to creating a safe, comfortable and sustainable world. Employees work hard to create smart buildings, efficient energy solutions and integrated infrastructure, and actively fulfill their commitment to building smart cities and communities. Johnson Controls' focus on sustainability can be traced back to the invention of the electric indoor thermostat in 1885, when the company was founded. Johnson Controls is committed to helping customers succeed wherever they are, and by strategically focusing on the construction sector to create greater value for all stakeholders.

Segmentation Overview:

The main subdivision types of HVAC temperature and humidity sensor products are cable type, immersion type, wall-mounted type, and duct type. Among them, immersion type HVAC temperature and humidity sensors will occupy a larger market size in 2022, accounting for 40.21%. In the future, the global HVAC temperature and humidity sensor market has broad prospects and investment potential.

Application Overview:

The HVAC temperature and humidity sensor industry can be divided into residential buildings, commercial buildings, industrial buildings, and public buildings according to applications. From the perspective of application fields, commercial construction is the largest application market, with the market sales share reaching 51.82% in 2018 and 52.21% in 2022. In 2022, the industrial construction market share will be 23.34%, ranking second. In general, the HVAC temperature and humidity sensor industry is booming as the demand for home, commercial buildings, industrial buildings, and public building applications continues to grow.

Key Companies in the global HVAC temperature and humidity sensor market covered in Chapter 3:

Belimo
Siemens
Honeywell
Vaisala
Sensata Technologies
Tongfang Teide
Emerson
Trane
Schneider
Johnson Controls
Helin energy saving

In Chapter 4 and Chapter 14.2, on the basis of types, the HVAC temperature and humidity sensor market from 2019 to 2030 is primarily split into:

Cable type
immersion
Duct type
wall-mounted

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the HVAC temperature and humidity sensor market from 2019 to 2030 covers:

Family house
Commercial building
Industrial building
Public building

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)