Sustained and stable development Price competition will intensify

At present, the world sensor market is still maintaining a steady development trend, with an average annual growth rate of 5.3 from 1998 to 2003. According to the forecast of relevant departments, the average annual growth rate from 2005 to 2008 will slightly decrease to 3.7. However, considering the further reduction of sensor cost and the emergence of some emerging application fields that are not yet known, we think the growth rate from 2005 to 2008 can reach 4.5.

With the rapid development of the Internet and e-commerce, the sensor market will face increasing price pressure. Some research companies, such as Intechno Consulting, predict that the price of sensors will be further reduced, with a drop of up to 30%. In addition, the widespread application of new technologies such as MEMS will reduce the price of sensor products while improving product performance. Even the prices of new sensors that have just entered the market in the automotive field, such as wheel speed sensors, radar sensors, and driving angle sensors, will be greatly reduced.

Application areas further extended key markets strong development

The world sensor market is developing steadily, and new application areas are also growing. The main technology in the field of sensors will be extended and improved on the existing basis, and countries are competing to accelerate the development and industrialization of a new generation of sensors, and the competition will become more intense. The market share of semiconductor sensors will continue to increase and is expected to reach 43% in 2008, while MEMS-based intelligent sensors and sensors with bus capabilities will become the mainstream of the market. MEMS sensors will become one of the fastest growing products in the world. The applications of inertial measurement devices, micro flow devices, optical MEMS devices, pressure sensors, acceleration sensors, micro gyroscopes and MEMS devices used in the automotive field will have huge market potential.

Sensor demand is the fastest growing automotive market, followed by the process control market. In the next few years, the share of electronic components such as sensors in automobile production costs will increase year by year, especially the sensors used in automobile safety systems will show an obvious development trend. In addition, sensors used for vehicle body stability control and tire monitoring The sensor is also under development. The industrial process control sensor market will grow to $9.1 billion by 2008, and the annual growth rate of the market will increase year by year.

Domestic sensor industry has begun to take shape in research, development, production, sales and research to seek breakthroughs in many aspects.

China's sensor industry started late. At the beginning, it was only a small-scale simple processing and agency trade. After years of development, it has gradually developed into independent research and development and manufacturing industrialization. The entire industry has begun to take shape and has entered a stage of rapid development. It is predicted that in 2005 China's domestic sensor market capacity of 8.2 to 1 billion, the annual output of 12.6 to 1.6 billion. At present, the number of domestic sensor manufacturers has been very large, but there is still a lack of top well-known brands, high-end product areas are occupied by foreign brands, most manufacturers gathered in the low-end product areas, while the lack of core technology, research and production from. It is pleasing that some local sensor companies have begun to strive to build well-known brands. And in technology research and development, manufacturing management, marketing network and other aspects of a useful attempt. For example, Kunshan Shuangqiao, which is dominated by technical research, and Ningbo Keli, which focuses on the construction of sales network and after-sales service. In the whole industry, the gap between enterprises is also very large, which also limits the development of the whole industry to a certain extent, so enterprises should also strengthen academic exchanges and technical cooperation for common development.

It can be predicted that the total demand of China's sensor market will continue to expand, some local brands will gradually develop and enter the high-end market, and the export of low-end products will continue to grow. With the influx of foreign enterprises and new technologies, market competition will become more intense, and mergers and acquisitions and integration will occur among manufacturers.