Thermo Hygrometer Market Research Report By Application (HVAC systems, Industrial manufacturing, Food processing, Healthcare, Automotive), By Type (Analog Thermo Hygrometers, Digital Thermo Hygrometers, Wireless Thermo Hygrometers, Recording Thermo Hygrometers), By Accuracy (High Accuracy, Medium Accuracy, Low Accuracy), By Installation (Wall-mounted, Handheld, Portable), By Sensor Type (Thermocouple, Resistance Temperature Detector (RTD), Capacitive Humidity Sensor, Infrared Sensor) and By Regional (North America, Europe, South America, A

Thermo Hygrometer Market Overview

As per MRFR analysis, the Thermo Hygrometer Market Size was estimated at 1.73 (USD Billion) in 2022.The Thermo Hygrometer Market Industry is expected to grow from 1.82(USD Billion) in 2023 to 2.8 (USD Billion) by 2032. The Thermo Hygrometer Market CAGR (growth rate) is expected to be around 4.92% during the forecast period (2024 - 2032).

Key Thermo Hygrometer Market Trends Highlighted

The Thermo Hygrometer Market is poised to experience significant growth in the coming years, driven by increasing demand from various end-use industries. Key drivers include the rising emphasis on indoor air quality monitoring in healthcare, pharmaceutical, and manufacturing facilities, as well as the growing adoption of smart home and building automation systems.Recent trends in the market include the emergence of wireless and IoT-enabled thermo hygrometers, offering remote monitoring and data analysis capabilities. The integration of sensors with advanced technologies, such as AI and machine learning, is further enhancing the accuracy and efficiency of these devices.

Opportunities for growth in the Thermo Hygrometer Market lie in expanding into new applications, such as environmental monitoring in agriculture and food processing. The increasing focus on energy efficiency and sustainability is also driving demand for thermo hygrometers in HVAC systems for temperature and humidity control.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Thermo Hygrometer Market Drivers

Growing Demand for Precision Temperature and Humidity Control in Various Industries

One of the major drivers contributing to the growth of the Global Thermo Hygrometer Market Industry is the increasing utilization of thermo hygrometers in various industries, such as healthcare, manufacturing, and food processing. Many products and processes in these industries require precise temperature and humidity control to ensure quality, safety, and compliance with relevant regulations. For example, in the healthcare industry, thermo hygrometers are used to monitor and control temperature and humidity either in hospitals or clinics to inhibit the growth of bacteria or in laboratories to ensure that the patients are comfortable.

In manufacturing, thermo hygrometers are used to create and maintain proper conditions for the production of products, such as in elements attracting high technology. For example, in the case of electronics manufacturing, the humidity needs to be precisely controlled, as even 40%-70% relative humidity can lead to damage from electrostatic discharge. The increasing demand for temperature and humidity control in these applications and others will continue to drive the growth of the Global Thermo Hygrometer Market Industry.

Advancements in Sensor Technology and Connectivity

Moreover, technological advancement in sensor technology and connectivity is also acting as a driver in the growth of the Global Thermo Hygrometer Market Industry. These advancements have integrated advanced sensors like MEMS and CMOS technology. This has helped in providing more accurate, reliable and compact thermo hygrometers. This has also led to the development of wireless and IOT-enabled thermo hygrometers, which can also be used to enable data logging and remote monitoring. This provides more convenience in monitoring the temperature and humidity, enhances the efficiency of the thermo hygrometer, and thus becomes suitable for most applications.

Increasing Focus on Energy Efficiency and Sustainability

Energy efficiency and a focus on sustainability are growing key growth drivers of the Global Thermo Hygrometer Market industry. Thermo hygrometers are an essential instrument for the management of energy in HVAC systems. They provide real-time monitoring of the ambient temperature and humidity. The HVAC systems can be used efficiently when the optimal temperature and humidity levels are maintained. Energy consumption can be significantly reduced with the usage of thermo hygrometers, which can reduce the carbon emissions of businesses. Moreover, there is a great demand for thermo hygrometers in industries because many governments are providing incentives for generating and consuming less energy.

Thermo Hygrometer Market Segment Insights

Thermo Hygrometer Market Application Insights

The Global Thermo Hygrometer Market is segmented into HVAC systems, industrial manufacturing, food processing, healthcare, and automotive. In 2023, the HVAC systems segment had the highest share of the market since it attained a market value of USD 789 million. This is because of the growing interest in adopting thermo hygrometers in commercial and other types of buildings to regulate the right temperature and humidity conditions.

The optimum conditions enhance the building’s comfortability, productivity, and energy usage. However, the industrial manufacturing sub-segment will have the highest CAGR since the interest in adopting thermo hygrometers in various productions is becoming useful in ensuring the right temperature and humidity to maintain excellent quality.

Meanwhile, the food processing sub-segment will also show significant growth due to the increasing concern for regulating and monitoring the right conditions for food safety. The right conditions prevent microbial development and food spoilage. The healthcare sub-segment will have constant growth because of the increasing demand for thermo hygrometers in hospitals, clinics, and pharmaceuticals for suitable conditions. Finally, the automotive sub-segment will show a moderate increase because of the increasing use of thermo hygrometers in vehicles to enhance the right conditions for the passengers.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Thermo Hygrometer Market Type Insights

Analog thermo hygrometers dominated the Global Thermo Hygrometer Market revenue in 2023 and are expected to maintain their dominance throughout the forecast period. The simplicity, affordability, and wide availability of analog thermo hygrometers make them a popular choice for both consumers and businesses. Digital thermo hygrometers are expected to experience significant growth over the forecast period due to their increased accuracy and features, such as data logging and display options. Wireless thermo hygrometers are also expected to grow in popularity as they offer the convenience of remote monitoring. Recording thermo hygrometers are expected to experience steady growth, as they are essential for applications where continuous monitoring is required.

Thermo Hygrometer Market Accuracy Insights

The accuracy segment plays a crucial role in the Global Thermo Hygrometer Market segmentation. High-accuracy thermo hygrometers offer precise measurements, catering to applications that demand high levels of accuracy, such as scientific research, pharmaceutical manufacturing, and aerospace. Medium-accuracy thermo hygrometers strike a balance between cost and performance, suitable for general industrial and commercial applications. Low-accuracy thermo hygrometers are budget-friendly options, often used in consumer and residential settings where precision is less critical.

In 2023, the Global Thermo Hygrometer Market revenue for high-accuracy thermo hygrometers was estimated at USD 0.62 billion, with a projected growth to USD 0.85 billion by 2032, representing a CAGR of 4.2%. Medium accuracy thermo hygrometers accounted for USD 0.54 billion in 2023, expected to reach USD 0.74 billion by 2032, growing at a CAGR of 4.5%. Low-accuracy thermo hygrometers held a market value of USD 0.28 billion in 2023, forecasted to expand to USD 0.39 billion by 2032, exhibiting a CAGR of 4.7%.

Thermo Hygrometer Market Installation Insights

The installation segment of the Global Thermo Hygrometer Market is segmented into wall-mounted, handheld, and portable. Among these, the wall-mounted segment is expected to hold the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for accurate and reliable temperature and humidity monitoring in various settings, such as industrial facilities, commercial buildings, and healthcare environments. Handheld and portable thermo hygrometers are expected to witness significant growth due to their convenience and flexibility for on-the-go measurements. The Global Thermo Hygrometer Market is expected to reach a valuation of USD 2.8 billion by 2032, expanding at a CAGR of 4.92% from 2024 to 2032.

Thermo Hygrometer Market Sensor Type Insights

The Global Thermo Hygrometer Market is segmented by Sensor Type into Thermocouple, Resistance Temperature Detector (RTD), Capacitive Humidity Sensor, and Infrared Sensor. The Thermocouple segment is expected to hold the largest market share in 2023 owing to its low cost, wide temperature range, and fast response time. However, the Capacitive Humidity Sensor segment is projected to grow at the highest CAGR during the forecast period due to its high accuracy, stability, and low drift. The Resistance Temperature Detector (RTD) segment is also expected to witness significant growth, driven by its high accuracy and stability.The Infrared Sensor segment is expected to hold a relatively small market share, but it is likely to gain traction in the coming years due to its non-contact measurement capabilities. Overall, the Global Thermo Hygrometer Market is expected to witness steady growth in the coming years, driven by increasing demand from various end-use industries such as HVAC, manufacturing, healthcare, and food beverage.

Thermo Hygrometer Market Regional Insights

The Global Thermo Hygrometer Market revenue stood at USD 1.82 billion in 2023.  The market is segmented into different regions, which include North America, Europe, APAC, South America, and MEA. APAC is expected to hold the largest market share in the Global Thermo Hygrometer Market, owing to the increasing demand for thermo hygrometers in various industries such as manufacturing, healthcare, and food beverage. North America and Europe are also expected to witness significant growth in the Global Thermo Hygrometer Market due to the rising awareness about the importance of accurate temperature and humidity monitoring. South America and MEA are expected to show steady growth in the Global Thermo Hygrometer Market, driven by the growing infrastructure and industrial development in these regions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Thermo Hygrometer Market Key Players And Competitive Insights:

Major players in the Thermo Hygrometer Market industry are constantly innovating and developing new products to meet the changing needs of customers. Leading Thermo Hygrometer Market players are also focusing on expanding their global reach by establishing new manufacturing facilities and distribution channels. The Thermo Hygrometer Market development is being driven by the increasing demand for accurate and reliable temperature and humidity measurements in various applications. The Thermo Hygrometer Market Competitive Landscape is characterized by the presence of both global and regional players. 

Some of the key players operating in the global Thermo Hygrometer Market include Testo, Lutron, Extech, and Fluke.Testo is a leading manufacturer of test and measurement instruments, including thermo hygrometers. The company offers a wide range of thermo hygrometers, from basic models to advanced instruments, with features such as data logging and wireless connectivity. Testo's thermo hygrometers are used in a variety of applications, including HVAC, food safety, and pharmaceutical.Lutron is another major player in the Thermo Hygrometer Market industry. The company manufactures a wide range of thermo hygrometers, including digital and analog models. Lutron's thermo hygrometers are used in a variety of applications, including indoor air quality monitoring, weather monitoring, and agricultural research.

Key Companies in the Thermo Hygrometer Market Include

• AZ Instrument Corp


• Eutech Instruments Pte Ltd


• ColeParmer


• CEM Corporation


• Lutron Electronics Co., Inc.


• Elcometer Ltd


• TMI Orion


• Vaisala Group


• Siemens AG


• Honeywell International Inc.


• General Electric Company


• United Technologies Corporation


• Yokogawa Electric Corporation


• Hanna Instruments, Inc.


• Testo SE KGaA

Thermo Hygrometer Market Industry Developments

The Global Thermo Hygrometer Market is projected to register a healthy CAGR during the forecast period, owing to the increasing demand for accurate temperature and humidity measurements in various industries. Key factors driving market growth include rising awareness about indoor air quality, growing demand for energy-efficient solutions, and technological advancements in sensor technology.

Recent news developments and current affairs in the market include

In 2023, Fluke Corporation launched a new line of thermo-hygrometers with Bluetooth connectivity, enabling remote monitoring and data logging.In 2024, Testo launched a new range of thermo-hygrometers with integrated data loggers, providing users with long-term monitoring capabilities.

In 2025, Extech Instruments introduced a new series of thermo-hygrometers with built-in dew point and wet bulb temperature measurement capabilities, expanding their application possibilities.These advancements indicate the ongoing innovation and evolution within the Global Thermo Hygrometer Market, catering to the evolving needs of industries and consumers alike.

Thermo Hygrometer Market Segmentation Insights

Thermo Hygrometer Market Application Outlook

• HVAC systems


• Industrial manufacturing


• Food processing


• Healthcare


• Automotive

Thermo Hygrometer Market Type Outlook

• Analog Thermo Hygrometers


• Digital Thermo Hygrometers


• Wireless Thermo Hygrometers


• Recording Thermo Hygrometers

Thermo Hygrometer Market Accuracy Outlook

• High Accuracy


• Medium Accuracy


• Low Accuracy

Thermo Hygrometer Market Installation Outlook

• Wall-mounted


• Handheld


• Portable

Thermo Hygrometer Market Sensor Type Outlook

• Thermocouple


• Resistance Temperature Detector (RTD)


• Capacitive Humidity Sensor


• Infrared Sensor

Thermo Hygrometer Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa