Temperature Transmitter and Humidity Transmitter Market Worth 4.94 Billion USD by 2022 - Seite 2

Asia-Pacific expected to grow at the highest CAGR in both temperature transmitter and humidity transmitter markets during the forecast period: 

The Asia-Pacific market is expected to grow at the highest growth in both the markets between 2016 and 2022 owing to the demand from energy capacity expansion, new project commissioning, and demand for industrial automation to increase productivity while keeping the cost optimum. The growing demand for HVAC systems in residential and commercial projects in the Asia-Pacific region is driving the market for humidity transmitters.

Emerson Electric Company (U.S.), Endress+Hauser AG (Switzerland), ABB Ltd. (Switzerland), Honeywell International Inc. (U.S.), Yokogawa Electric Corporation (Japan), Siemens AG (Germany), Schneider Electric SE (France), and WIKA Alexander Wiegand SE & Co. KG (Germany) are the key players in the global temperature transmitter market. The key players in the humidity transmitter market are Johnson Controls, Inc. (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Schneider Electric SE (France), General Electric (U.S.), and Vaisala Oyj (Finland).

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This report describes the market trends, drivers, and challenges with respect to the temperature and humidity transmitter market, and forecasts the market up to 2022. This global report gives a detailed view of the market across the four geographies, namely, North America, Europe, Asia-Pacific, and Rest of the World. The report profiles the most promising players in the temperature and humidity transmitter market. The competitive landscape of the market presents a very interesting picture, wherein the companies in industrial automation and field instruments are the key players in the market. These players are adopting strategies of partnerships and agreements with the companies in process industries, especially power, chemical, and oil & gas industries, across the globe.

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