2021-2025 Market Hotspot - Intelligent Sensors
It is said that the core of technology is the "chip", but sensors are the perception foundation and data source of new generation information technologies such as the Internet of Things, artificial intelligence, and 5G. At present, MEMS sensor manufacturers in China face many challenges, and there is huge room for domestic substitution in upstream design, midstream manufacturing, downstream packaging and testing fields.
If a chip is compared to a "brain", then sensors are the "facial features", and the eyes, ears, and nose are also very important.
There are also many classifications of sensors:
As early as September 26th, in an article analyzing sensors called "Intelligent Sensors," we have conducted a predictive analysis of sensors. Here, we will review it for you:
At present, China has become a highly influential market for the Internet of Things, with huge development space and an urgent need for domestic substitution. Intelligent sensors will be another important opportunity for China to catch up in the future, following 5G.
1、 The market is developing rapidly, with huge market space
Although China started relatively late in the field of sensors, the growth rate of development in the field of intelligent sensors for the Internet of Things is significant. As of 2017, the size of China's MEMS sensor market has grown to 12.46 billion yuan, a year-on-year increase of 14.6%. It is expected that the scale of China's intelligent sensor industry will reach 26.3 billion yuan in 2019 and 54 billion yuan in 2023.
2、 Left embrace autonomous driving, right embrace the Internet of Things
The field of autonomous driving includes various fields such as onboard sensors, autonomous driving technology, intelligent manufacturing, and automotive communication. However, there are significant differences in the amount and total amount of investment for each technology, with sensors and automotive electronics being the two favored areas. The total investment in sensors reached 16 billion US dollars, which is twice that of automotive electronics.
5G Internet of Things, smartphones, wearable devices, virtual reality, smart hardware, video interaction and security monitoring, robots, and other hot areas for sensor applications, smart sensors will be ubiquitous, and market demand is rapidly increasing.
3、 Accelerated domestic substitution and policy focus promotion
As a consumer market for automobiles and the Internet of Things, China's domestic sensor market has a demand of tens of billions of yuan, with an annual import volume of no less than 170 billion yuan. However, the market share of sensors in China is only 10%, with 90% controlled by foreign countries.
With such a large market volume and the game situation of trade between Japan and South Korea, there is an urgent need for domestic substitution, so the intelligent sensor industry has great development space.
Sensors have been up for a round since last week, with a weekend boost: a heavyweight support policy for sensors may be in the works. At present, the news has not been further confirmed, it is only a vague catalyst for theme investment. Pay more attention to the technical trends of popular stocks to judge the development of the market, which is still in a strong stage.
Development direction of China's sensor market
The "2021-2025 China Sensor Industry Deep Survey and Investment Outlook Forecast Report" released by China Investment Industry Research Institute shows that in the context of the digital economy, with the promotion of new technologies such as digitalization, artificial intelligence, and the Internet of Things, the year 2020 has arrived. How to embark on the digital path is a question that every enterprise must consider. Among them, sensors play a huge role in the transformation and upgrading of enterprises towards digitalization, What development trends will it have in the year of digitization?
1、 The focus of enterprise development. In the digital age, there are extremely high requirements for data collection, processing and other processes. Previously, structured and solid-state sensors were no longer able to meet the needs. Combining new technologies such as artificial intelligence, sensors tend to be miniaturized, intelligent, networked, and multifunctional, gradually moving towards intelligent sensors and MEMS sensors, and becoming the focus of enterprise development.
二、Trends in sensor manufacturing in China. As sensors in the field of integrated circuit subdivision, the demand for flexible customization is increasing, with long research and development cycles, complex materials and processes, and insufficient large-scale production.
In the future, integrated circuits will be a development trend, mainly reflected in design tools, model expression, testability settings, process integration, etc., through the integration and integration of MEMS and integrated circuit custom simulation platforms. In production and manufacturing, establish an IP model to achieve mass production. Through quality testing, achieve the transformation of digital and analog mechanisms. Furthermore, it drives the rapid upgrading of sensors.
三、Unicorn and Invisible Champions emerge vertically with subdivision. Chinese sensor companies are mainly small and medium-sized, with limited research and innovation capabilities, and numerous enterprises deeply engaged in vertical fields. At present, the market size of the Internet of Things and Industry 4.0 is too large and fragmented. In 2020, more enterprises with existing business areas will gradually grow and become invisible champions, as well as unicorns emerging in an innovative environment.
四、China's sensors will experience a steady upward trend. Sensors are one of the technologies that promote the rapid development of industries such as the Internet of Things and Industry 4.0, and China has long relied on imports. However, in recent years, with strong support from favorable policies, the development of sensors has received much attention, and a group of high-quality sensor enterprises have emerged, forming a complete industrial system that combines research and development, design, production, and application, promoting a steady increase in local sensor production.
五、The pattern of China's sensor industry cluster is obvious. The Chinese sensor industry initially formed five industrial clusters in 2017, namely the Yangtze River Delta, Pearl River Delta, Northeast China, Beijing Tianjin Hebei, and Central China. The Yangtze River Delta region has 38% of listed companies, which is on par with enterprises in the Pearl River Delta, Beijing Tianjin Hebei, Northeast and Central regions. As of January 2020, more than 50% of intelligent sensor enterprises have gathered in the Yangtze River Delta region, making it undoubtedly the central area for the development of intelligent sensors.
六、The competition for CMOS image sensors will enter its final stage. Due to the rapid development of IoT applications, CMOS image sensors entered a phase of rapid market expansion in fields such as car applications, machine vision, facial recognition, and security monitoring in 2019, with Sony occupying more than half of the market share. Forming a tripartite confrontation with Samsung and Howe Technology.
七、Optical sensors will become the driving force for innovation, and the widespread application of the Internet of Things has driven the rapid development of the optical sensor market. It is expected that by 2026, the sales of optical sensors will reach 36 billion US dollars, including fields such as smart cities and smart agriculture. Among them, structured light, active stereo vision, and ToF are the main three technologies for optical sensors. It is expected that by 2020, with the development of the Internet of Things, the market for these three technologies will tend to stabilize.
八、The customized solutions for sensors are deeper and wider. Due to factors such as functionality and application scenarios, sensors themselves come with customized characteristics. Traditional sensors are no longer able to meet customer needs. With the expansion of IoT application scenarios, more functions and designs will emerge. Enterprises with customized solutions for sensors and flexible production capabilities will be favored by OEM manufacturers in the future.
九、The trend of multi-sensor fusion technology is gradually emerging. At present, multi-sensor fusion technology is mainly applied in the fields of autonomous driving and robotics. The safety of autonomous driving requires redundant support from sensors to improve fault tolerance. In the future, multi-sensor fusion of autonomous driving will become the mainstream of the market, including wearable devices, health monitoring, smart homes, and so on.
十、Embracing a wave of mergers and acquisitions, as sensors are the most fundamental industry, their industrial resources are quite abundant. TE acquired MEAS for $1.7 billion in 2014, and in 2019, AMS acquired Osram for € 4.6 billion, while Sony acquired Toshiba's image sensor division for $155 million. In 2021, the rapid development of China's sensor industry will have a certain impact on the global sensor enterprise market. Meanwhile, due to the increasing demand for IoT sensors, in order to ensure its own market share, international mergers and acquisitions will continue to increase.
Qingdao Xinnovis Microsystem Technology Co., Ltd.
Qingdao Xinnovis Microsystem Technology Co., Ltd. is a high-tech enterprise specializing in industrial intelligent sensor chip design, module development, and high-end metering instrument R&D, manufacturing and sales. The company is located in Qingdao International Innovation Park, Laoshan District, Qingdao, adjacent to Shandong University (Qingdao Campus), Ocean University of China, Beihang Institute of Microelectronics, Lanhua Institute of Chinese Academy of Sciences (Qingdao), Qingdao University and other famous universities.
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