Chinese Sensor Market Scale Report

Published:2015-11-13    Source:M&A/Financing Overseas Center

 The global market for sensors is considered to be about EUR 115 billion in 2014. In the past 5 years,  the annual growth rate of sensor revenue remains over 10%. U.S. is still the largest market for sensors in the world, following Japan and Germany. In other Asian countries, however, China is the significant market.The Chinese market accounts for approximately 10% of the  total demand in the world.

Geographical Distribution of Sensor Market

The sensor market in China is growing at a very fast speed. Despite the nosedive in 2012, the Chinese market generally increases at  20% annually.However, more than half of the sensor markets are taken over by foreign players. The domestics players are competing  in the low-end products.

 

The demand of sensors concentrates in three major genres, which are Flow Sensor, Pressure Sensor and Temperature Sensors. These 3 sectors contribute more than 50% of the national demand. Meanwhile, due to the surge in Smart Phones and related device,  MEMS technology is stimulating the new boom of sensors.

 

Breakdown of Genre in China

 

Nearly half of the sensor manufacturers are located in the Yangtze River Triangle.