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The market size of smart sensors will exceed 208 billion US dollars in 2031

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The market size of smart sensors will exceed 208 billion US dollars in 2031

  • 2023-03-17 16:35:40
The market size of smart sensors will exceed 208 billion US dollars in 2031

According to the "Smart Sensor Market Outlook 2031" report released by the market research organization TMR, based on the increase in the use of IoT devices, the market size of smart sensors will exceed 208 billion US dollars in 2031.


A sensor is a detection device that can sense the measured information and convert the sensed information into electrical signals or other required forms of information output according to certain rules to meet the requirements of information transmission, processing, storage, and display. , recording and control requirements.


The smart sensor refers to a multi-component integrated circuit with functions such as information collection, information processing, information exchange, and information storage. It is a system-level product that integrates sensing units, communication chips, microprocessors, drivers, and software algorithms. .


As an important means of interaction between information systems and the external environment and the main source of perceptual information, smart sensors determine the key core and leading foundation for the future development of the information technology industry.


In modern industrial production, especially in the automated production process, various sensors are used to monitor and control various parameters in the production process, so that the equipment can work in a normal or optimal state, and the product can achieve better quality. Therefore, without many excellent sensors, modern production will lose its foundation.


There are various types of sensors, about 30,000 or more. Common sensor types are: temperature sensor, humidity sensor, pressure sensor, displacement sensor, flow sensor, liquid level sensor, force sensor, acceleration sensor, torque sensor, etc.


With the continuous popularization of Internet of Things technology, technology and intelligence have been combined with more and more traditional industries, and smart phones, virtual reality, video interaction, smart cars, smart homes, smart meters, robots, smart security, 5G applications, A series of emerging industries such as smart medical care. As an intelligent detection device, sensors are in the same direction as the development of the Internet of Things.


However, the development of my country's domestic smart sensors is worrying. The research report of Toubao Research Institute in June this year pointed out that from the perspective of the global output structure of smart sensors, China's output accounted for only 10%, and the rest of the output was mainly concentrated in the United States, Germany and Japan. The global compound growth rate is also higher than that of China. This is mainly because the research on smart sensors in China started late, and the research and development technology needs to be improved. More than 90% of mid-to-high-end smart sensors rely on imports.


In recent years, the "Thirteenth Five-Year Plan" National Strategic Emerging Industry Development Plan, "The Fourteenth Five-Year Plan Intelligent Manufacturing Development Plan" and "The Fourteenth Five-Year Plan" Deep Integration of Informatization and Industrialization Development Plan issued by relevant state departments In a series of plans, such as, continue to increase support for the development of sensors and smart sensor industries.


Since 2021, the Ministry of Industry and Information Technology and other departments have successively issued documents such as the Action Plan for the Development of the Basic Electronic Component Industry (2021-2023) and the Three-Year Action Plan for the Construction of New Infrastructure for the Internet of Things (2021-2023) , carry out high-end promotion actions for key products such as sensing components, and focus on making up for industrial shortcomings such as high-end sensors and Internet of Things chips. Shanghai, Zhejiang, Jiangsu, Henan and many other places have successively issued relevant policies and measures to accelerate the development of the smart sensor industry and the construction of industrial parks, which have effectively promoted the development of the industry.


In fact, as early as December 2019, Shanghai launched the Shanghai Smart Sensor Industrial Park in Jiading. The goal is that by 2025, the output value of Jiading's smart hardware-related industries centered on smart sensor chips will exceed 100 billion yuan. At that time, 32 companies signed contracts to settle in the industrial park, with a total investment of 24.8 billion yuan. The projects covered different links in the industrial chain such as sensor chip design, manufacturing, materials, systems, applications, packaging, and testing.


A few days ago, the Shenzhen Bureau of Industry and Information Technology issued "Several Measures of Shenzhen to Promote the Accelerated Development of the Smart Sensor Industry". The measures pointed out that we should strive to solve the "stuck neck" problem independently. Carry out technological research and development and product research on smart sensors and EDA design simulation tools, core materials, advanced processes, and key equipment for related companies or institutions, reach the international and domestic advanced level, fill the domestic core technology gap, and be able to solve the "stuck neck" of the smart sensor industry "Problems, and key projects that have not received state funds, according to the self-raised funds invested by the enterprise, can be given a subsidy of no more than 30% of the total investment in stages, with a total subsidy of up to 100 million yuan.


With the in-depth development of a new round of global technological revolution and industrial transformation, 5G, artificial intelligence, Internet of Things, big data, cloud computing and other technologies continue to break through. As an important means of interaction with the external environment and the main source of perception information, the market demand for smart sensors It is becoming more and more prosperous, and the industrial development is ushering in a huge historical opportunity.