This article is compiled from the latest sensor industry report of the Qianzhan Industry Research Institute in 2023. All data are up-to-date. As a leading domestic consulting organization, the research report analysis depth and data richness of the Qianzhan Industry Research Institute are second to none.
Some of the main points of this article are: the research and development results of smart sensor products used in industrial control, automobile, medical, marine and other fields are in a blank state , and the gap in the market for such smart sensors is the largest ; smart sensor products used in fields such as acoustics, inertia, pressure, etc. Certain research and development results, the market is relatively saturated . The market size of China's smart sensors has risen from 78.39 billion yuan in 2019 to 102.04 billion yuan in 2021, and is expected to reach 119.18 billion yuan in 2022. It is estimated that by 2028, the scale of China's smart sensor airports is expected to reach 240 billion yuan, with an average annual compound growth rate of about 14%. China's domestic supply capacity is insufficient . Multinational companies such as Emerson, Siemens, Bosch, STMicroelectronics, and Honeywell account for more than 60% of the market share, especially high-end products are almost entirely supplied by imports, and 80% of chips rely on foreign countries ; The remaining shares only need to be concentrated in the hands of a few listed companies. The risk of products being replaced in the smart sensor industry is not high, and the only risk of being replaced is product upgrading and replacement . In 2021, China's smart sensor industry will have the largest investment and financing amount, reaching 37.168 billion yuan...
This article is rich in data and in-depth analysis, cutting into China's sensor industry from different angles, which is one of the more in-depth analysis of China's sensor industry in 2023. Recommended to share and favorite.
The content of this article mainly includes the following parts, because there are more contents, you can read it on demand:
Panoramic map of market size and development prospects of China's smart sensor industry in 2023
Summary and interpretation of smart sensor industry policies in China and 31 provinces and cities in 2023 (full)
Competitive Landscape and Market Share of China's Smart Sensor Industry in 2023
Major investment and financing events and analysis of China's smart sensor industry in 2023
Big data of China's smart sensor companies in 2023 (with number of companies, competition, distribution, investment and financing, etc.)
Panoramic map of China's smart sensor industry in 2023
1. Industry overview
1. Definition
According to the definition of smart sensors in the national standard GB/T 33905.3-2017: Smart sensors are sensors with two-way communication means with external systems, used to send measurement and status information, and receive and process external commands. In short, a smart sensor is a system-level product that integrates a sensing unit, a communication chip, a microprocessor, a driver, and a software algorithm, and has functions such as information collection, information processing, information exchange, and information storage.
The overall structure of the smart sensor spectrum system refers to the classification principles in GB7665-2005 "General Terms for Sensors", and combines the application characteristics of smart sensors for classification. According to the effect of converting the external input signal into an electrical signal, it can be divided into three categories: physical quantity intelligent sensor, chemical quantity intelligent sensor and biological intelligent sensor. The second level is based on the classification basis of "working principle + application field", which can be divided into pressure sensors, inertial sensors, magnetic sensors, optical sensors, etc.
2. Industrial chain analysis: long industrial chain
Smart sensors play a very important role in the era of Industry 4.0. With the promotion of the application of the Internet of Things in the industrial field, the application of smart sensors in it is becoming more and more extensive. Smart sensors are the bottom layer and the forefront of the Internet of Things technology , which is of great significance to the development of the Internet of Things industry.
From the perspective of the industrial chain, the upstream of smart sensors is mainly for design, raw materials, and supply of production equipment; the midstream is for the processing, manufacturing and packaging of smart sensor devices; the downstream is for terminal product manufacturing, including consumer electronics, industrial control, automotive electronics, and medical electronics. Main application fields.
2. Industrial development history: the Internet of Things and intelligent manufacturing drive the rapid development of the industry
Since the birth of the sensor, it has roughly gone through three stages: structural type, solid type, and intelligent type. With the advancement of various technologies, the first two types of sensors are gradually unable to meet the needs of data collection, processing and other processes. Smart sensors are starting to gain traction.
According to data, since the beginning of the 20th century, China has begun to explore the field of intelligent sensors. Since 2013, supporting policies for the smart sensor industry have been introduced one after another. For example, the four national ministries and commissions issued the "Action Plan for Accelerating the Development of the Sensor and Smart Instrument Industry" in 2013, focusing on miniaturization, digitization, and modularization of sensors and smart instruments. , Networking; In August 2016, the State Council issued the "13th Five-Year Plan" National Science and Technology Innovation Plan, which proposed the development of industrial sensors, technological breakthroughs in the core components of industrial sensors, integrated applications of sensors, etc., to improve the technology of the industrial sensor industry Innovation capability; in 2017, the Ministry of Industry and Information Technology formulated the "Three-Year Action Plan for the Smart Sensor Industry (2017-2019)", which clarified the development goals and directions of the sensor industry. With the rise of the Internet of Things and smart manufacturing, smart sensors have received extensive attention.
3. Industry policy background: policy support is constantly increasing
From the perspective of the policy environment, with the advent of an intelligent society, the application fields of smart sensors continue to expand, and my country pays more and more attention to the smart sensor industry. Industry policy planning focuses on promoting breakthroughs in high-end sensors and key technologies and core materials, and promoting the research and development of smart sensor-related industries.
4. Development status of the industry
my country's smart sensor suppliers are divided into traditional sensor manufacturers and semiconductor manufacturers. It can be seen from the supply of smart sensor products of representative companies that traditional sensor manufacturers are committed to the intelligent research and development of traditional sensors; semiconductor manufacturers are developing smart sensor technology based on mature semiconductor technology.
From the product sales of representative enterprises in China's smart sensor industry, we know that the market demand for China's smart sensors in the fields of automobiles, industrial monitoring, civil construction, and consumer electronics continues to expand.
As an important nerve tentacles of the modern information industry, smart sensors are an important technical basis for the new technological revolution and the information society, and are widely used in industrial control, automobile, medical, Internet of Things and other industries.
Smart sensors have a wide range of downstream industries, and their industry development speed is mainly affected by national industrial policies and the overall development of the national economy. With the continuous advancement of industries such as industry, automobiles, medical care, and the Internet of Things, the demand for the smart sensor industry will be further stimulated.
At present, in the smart sensor industry, the research and development results of smart sensor products used in industrial control, automobile, medical, marine and other fields are in a blank state, and the market gap for such smart sensors is the largest; smart sensor products used in fields such as acoustics, inertia and pressure Certain research and development results, the market is relatively saturated.
Five, industry competition pattern
1. Regional competition: Guangdong has the largest number of enterprises
Judging from the distribution of provinces and cities registered by China's smart sensor companies, smart sensor industry companies are mainly distributed in Guangdong, followed by Jiangsu and Zhejiang. On the whole, there are more enterprises in the eastern and southern regions, and fewer enterprises in the southern and western regions.
Note: Data statistics are as of February 2023.
From the perspective of the distribution of representative companies, there are many representative companies in Jiangsu, Shandong, Hubei, and Guangdong. Goertek (002241), a leading domestic MEMS sensor company, is located in Shandong. At the same time, Henan, Beijing, Zhejiang and Shanghai also have more representative companies, such as Hanwei Technology (300007), Senba Sensing, etc. (300701).
2. Enterprise competition: multi-level competition
The market competition level of smart sensors in my country can be divided into traditional sensor manufacturers, semiconductor manufacturers and other manufacturers. Traditional sensor manufacturers are committed to the intelligent research and development of traditional sensors; semiconductor manufacturers develop smart sensor technology based on mature semiconductor technology; other manufacturers enter the field of smart sensors through acquisitions.
According to the "Report on China's Top 10 Smart Sensor Parks in 2022" released by SDI, the market size of China's smart sensors has risen from 78.39 billion yuan in 2019 to 102.04 billion yuan in 2021. The market size is expected to reach 119.18 billion yuan in 2022.
6. Prospects and trends of industrial development
1. Analysis of industry development trend
In recent years, the promulgation of a number of policies has promoted the rapid development of China's smart sensors. Enterprises have increased their research and development efforts. In the future, the market share of domestic enterprises is expected to continue to increase; the trend of technological innovation is miniaturization, micro power consumption, passive and high reliability. , and wide temperature range; the demand in the Internet of Things, automobiles, medical and other fields will increase significantly.
2. Development Prospect Forecast
According to the "Report on China's Top 10 Smart Sensor Parks in 2022" released by SDI, the scale of China's smart sensor market will rise from 78.39 billion yuan in 2019 to 102.04 billion yuan in 2021. In 2022, the scale of China's smart sensor market will reach 119.18 billion yuan , and is expected to reach 142.54 billion yuan in 2023.
In recent years, China has successively issued a number of policies to further clarify the direction and path of the development of the smart sensor industry. As a bridge between objects and the network, smart sensors are at the core of the entire framework of the Internet of Things and have broad prospects in various fields. It is estimated that by 2028, the scale of China's smart sensor airports is expected to reach 240 billion yuan, with an average annual compound growth rate of about 14%.
Summary and interpretation of smart sensor industry policies in China and 31 provinces and cities in 2023 (full)
1. Policy history map
In recent years, emerging industries such as the Internet of Things and the mobile Internet have developed rapidly. Smart sensors, as the core components of the perception layer of the new generation of information technology industries such as the Internet of Things, artificial intelligence and industrial Internet, are in a stage of rapid development. The country has issued a series of policy support For the development of smart sensors, the focus of the policy is to accelerate the breakthrough and iterative application of research and development of basic theories, basic algorithms, and equipment materials.
2. Summary and Interpretation of National Policies
——Summary of smart sensor industry policies at the national level
——Interpretation of the development direction of the smart sensor industry at the national level
In March 2021, the "The 14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals in 2035" was officially released, proposing to strengthen the research and development of key materials such as integrated circuit design tools, key equipment and high-purity targets, Breakthroughs in the advanced technology of integrated circuits, insulated gate bipolar transistors (IGBTs), and micro-electromechanical systems (MEMS), advanced storage technology upgrades, and the development of wide-bandgap semiconductors such as silicon carbide and gallium nitride.
In terms of policy, the state supports the creation of a complete industrial chain of smart sensors , including upstream key equipment and key materials, encourages the miniaturization of MEMS, and encourages the application of smart sensors in downstream industries, automobiles, consumer electronics, and home furnishing. The release of the "14th Five-Year Plan" policy plan is conducive to promoting the construction of relevant key projects and technological breakthroughs, promoting the collaborative innovation of industry, education, research and application, and deepening industrial chain cooperation.
3. Summary and interpretation of policies at the provincial and municipal levels
——Summary of smart sensor industry policies in 31 provinces and cities in China
——Interpretation of the development goals of the smart sensor industry in 31 provinces and cities
During the "14th Five-Year Plan" period, some provinces and cities put forward clear development goals for the smart sensor industry. For example, Shandong Province strives to achieve 30 billion yuan in revenue from the main business of smart sensors by 2023. Seize the strategic opportunity period of the rapid development of the Internet of Things, the explosive growth of the smart sensor market, and the highly active technological innovation, and make a group of leading enterprises in smart sensor design, manufacturing, packaging and testing, and system integration bigger and stronger, driving the formation of a 100 billion-level industry scale. details as follows:
Competitive Landscape and Market Share of China's Smart Sensor Industry in 2023 (Market Concentration, Enterprise Competitiveness Evaluation, etc.)
1. Competitive echelon of China's smart sensor industry
my country's smart sensors started relatively late, and the development of high-end sensors lagged behind developed countries such as Europe, America, Japan, and South Korea. With the rapid development of domestic informatization, the country has listed smart sensor technology as a key breakthrough field. Sensors are evolving rapidly.
At present, listed companies in my country's smart sensor industry include Huagong Technology (000988), China Aviation Electronics (300114), Senba Sensing (300701), Hanwei Technology (300007), Minxin (688286), Sifang Optoelectronics (688665) , Gaode Infrared (002414), GoerTek (002241), GigaDevice (603986), Bichuang Technology (300667), etc.
2. Market share of China's smart sensor industry
At present, China's domestic supply capacity is insufficient. Multinational companies such as Emerson, Siemens, Bosch, STMicroelectronics, and Honeywell account for more than 60% of the market share. In particular, high-end products are almost completely imported, and 80% of chips rely on Abroad; the remaining shares only need to be concentrated in the hands of a few listed companies.
3. Regional concentration of China's smart sensor industry
China's sensor manufacturing industry-related companies are trying to catch up with foreign companies, and regional sensor industry clusters have emerged, mainly concentrated in the Yangtze River Delta region, and gradually formed a region dominated by central cities such as Hangzhou, Shanghai, Nanjing, Shenzhen, Shenyang and Xi'an spatial layout. Among them, nearly half of the main sensor companies are distributed in the Yangtze River Delta region, and the others are in the Pearl River Delta, Beijing-Tianjin region, central region and northeast region.
4. Enterprise layout and competitiveness evaluation of China's smart sensor industry
From the perspective of the business layout and competitiveness of enterprises in the smart sensor industry , GoerTek currently has a relatively large revenue from precision components . Humidity/blood pressure/combination, etc.) and fluid smart sensors (airflow/differential pressure), etc., are widely used in various consumer electronics products. It is in the leading position in the industry and has strong competitiveness.
Secondly, Gaode infrared smart sensor products are widely used in outdoor night vision, instrumentation, power detection, fire protection and police, smart home, smart driving, security monitoring, consumer electronics, and have a strong competitive advantage.
5. Summary of competition status of China's smart sensor industry
The smart sensor manufacturing industry has gradually entered a mature stage. The overall quality of the industry is uneven. Most companies focus on low-end products, and the competition among existing companies is relatively fierce.
The key elements of the smart sensor manufacturing industry are mainly its upstream raw materials , including: non-ferrous metals, plastics and semiconductors. Domestic non-ferrous metals, plastics and semiconductor industries are widely used, and prices follow market choices, so suppliers' bargaining power is relatively weak.
Domestic high-end smart sensor products are mainly concentrated in the hands of several world-renowned brand manufacturers. Therefore, in the high-end product market, smart sensor manufacturers have strong bargaining power. As for mid-to-low-end products, due to the perspective of enterprises that produce mid-to-low-end products, homogeneous competition is more serious. Therefore, in the mid-to-low-end product market, the bargaining power of smart sensor manufacturers is relatively weak.
China's smart sensor market has generally maintained a growth trend in recent years. Coupled with the development and application of the Internet of Things and the expansion of smart sensor applications in the future, the market demand for smart sensors will increase day by day, which will attract more companies to enter the industry to a certain extent. However, Since the sensor industry is a technology-intensive industry, the technical barriers are relatively high, which will hinder the entrants of the industry.
At present, there are no products with similar functions to smart sensors and more cost-effective products on the market. It can be considered that the risk of products in the smart sensor industry being replaced is not high, and the only risk of being replaced is product upgrades and replacements.
Analysis of Investment, Financing, Mergers and Reorganizations of China's Smart Sensor Industry in 2023 (Summary of Investment and Financing, Mergers and Reorganizations, etc.)
1. The heat of the smart sensor industry continues unabated
According to IT Juzi data, the number of financing events in China's smart sensor industry from 2010 to 2023 showed a fluctuating upward trend as a whole. In 2017, the number of financing events was 172, which was the peak over the years; in 2022, the number of financing events in China's smart sensor industry was 115 . Overall, my country's smart sensor industry has a high degree of investment and financing enthusiasm.
From the perspective of investment and financing amount, the overall investment and financing amount of China's smart sensors showed a trend of rising first and then falling. In 2021, my country's smart sensor industry will have the largest investment and financing amount, reaching 37.168 billion yuan.
Note: The statistical events of 2023 are as of February 8, 2023.
2. The investment and financing of the smart sensor industry is still in the early stage
From the analysis of the investment rounds of the smart sensor industry, the financing rounds of China's smart sensor industry are still in the early stage, mainly in the A round and angel round financing. From 2016 to 2023, there were 239 A round financing events in China's smart sensor industry . There were 160 angel round financing events, and the financing scale was relatively large.
3. The investment and financing of the smart sensor industry are concentrated in Guangdong and Shanghai
From the perspective of corporate financing areas in the smart sensor industry, Guangdong currently has the largest number of financing events, with a total of 237 cases as of February 2023; secondly, it is mainly concentrated in Shanghai. As of February 2023, the number of investment and financing events in Shanghai has reached From 235.
Note: The statistical events of 2023 are as of February 8, 2023.
4. Summary of investment and financing events in the smart sensor industry
5. Investors in the smart sensor industry are mainly investment companies
According to the summary of investment entities in the smart sensor industry, the current investment entities in China's intelligent sensor industry are mainly investment-based , and representative investment entities include Sequoia Capital, Shenzhen Venture Capital, Wuxi Guolian Venture Capital, etc.; industrial investment entities include Hikvision, Gree Electric, Hanwei Technology, etc.
6. Horizontal mergers and acquisitions of enterprises in the smart sensor industry consolidate market position
At present, the types of mergers and reorganizations in China's smart sensor industry are mainly horizontal integration . For example, Baolong Technology's acquisition of Longsense Technology has improved Baolong Technology's market competitiveness.
Big data panorama of China's smart sensor companies in 2023 (with the number of companies, business competition, business investment and financing, etc.)
——Chinese smart sensor companies registered hotly in 2019
According to the query data of Qichamao, my country's smart sensor industry has developed rapidly in recent years, and the number of newly registered companies has shown a trend of rising first and then declining over the years. As of February 9, 2023, there are a total of 16,875 registered companies in China's smart sensor industry, of which the number of newly registered companies in 2019 hit a record high , reaching 2,762. From 2020 to 2022, the number of registered companies in China's smart sensor industry will decrease. In 2022, there will be 51 new registrations. As of February 9, 2023, there will be 1 new registered company in my country's smart sensor industry.
——The number of surviving/in-service enterprises in China's smart sensor industry accounts for nearly 80%
According to China's enterprise database Qichamao, there are currently 13,472 surviving companies in China's smart sensor industry, accounting for 65% of the total number of companies; the number of surviving companies accounts for 14.7%; the number of canceled companies accounts for 17% of the total number of companies.
──More than 56% of China's smart sensor companies have a registered capital of more than 5 million
According to the Chinese enterprise database enterprise search cat, the registered capital of China's smart sensor companies is mainly distributed between 10 million and 50 million, and the number of related companies is 4072; followed by 1 million to 2 million companies, the number of related companies is 3343 . On the whole, nearly 50% of China's smart sensor companies have a registered capital of more than 5 million, and more than 68% of companies have a registered capital of more than 10 million.
Note: The registered capital in US dollars and Hong Kong dollars has been converted into RMB.
──Smart sensor companies are mainly registered in Guangdong and Jiangsu
According to the Chinese enterprise database Qichamao, at present, China's smart sensor companies are mainly distributed in the Yangtze River Delta and the Pearl River Delta, especially represented by Guangdong and Jiangsu. As of February 2023, there are 4,451 related smart sensor companies in Guangdong, and 2,322 in Jiangsu.
──The average registered capital of smart sensor companies in Zhejiang is higher
According to the Chinese enterprise database Qichamao, in the current regional distribution of the average registered capital of China's smart sensor companies, the average registered capital of related companies in Zhejiang is up to 64.41 million yuan. In addition, the average registered capital of Jiangsu's smart sensor companies is more than 30 million . , is relatively large.
──Guangdong and Zhejiang are the most capitalized
According to the Chinese enterprise database Qichamao, currently China's smart sensor capitalized enterprises (with financing information and listing information) are mainly distributed in Guangdong, Zhejiang, Beijing and Zhejiang. Up to now, there are 171 surviving and active capitalized enterprises in Guangdong, 145 in Jiangsu, 95 in Beijing and 75 in Zhejiang.
Note: The above enterprises are surviving and active enterprises; 2) The number of relevant enterprises in some areas is zero.
──Guangdong and Jiangsu provinces have the most patent applications
According to the Chinese enterprise database Qichamao, at present, enterprises with relevant patent information on smart sensors in China are mainly distributed in Guangdong and Jiangsu. Up to now, a total of 1,336 enterprises in Guangdong Province have patent-related information, while 846 enterprises in Jiangsu have patent-related information.
Note: The above enterprises are surviving and active enterprises; 2) The number of relevant enterprises in some areas is zero.
──Guangdong and Jiangsu provinces have the most venture companies
According to the Chinese enterprise database Qichamao, at present, enterprises with relevant risk information on smart sensors in China are mainly distributed in Guangdong and Jiangsu. Up to now, a total of 763 companies in Guangdong Province have patent-related information, while 461 companies in Jiangsu Province have risk-related information.
Note: The above enterprises are surviving and active enterprises; 2) The number of relevant enterprises in some areas is zero.
──Comprehensive enterprises in Guangdong Province have the strongest big data competitiveness
According to the industry capitalization, patent information and risk assigned by Qianzhan Industry Research Institute to capital-intensive industries, technology-intensive industries and labor-intensive industries, Guangdong Province currently has the strongest comprehensive competitiveness, followed by Jiangsu Province.
──Smart sensor companies are mainly limited liability companies and sole proprietorships
According to the Chinese enterprise database, there are currently 13,500 surviving and active companies. China's smart sensor companies are mainly limited liability companies, with a total of 12,712, followed by 3,944 sole proprietorships.
Note: 1) The above-mentioned enterprises are surviving and active enterprises; 2) The above-mentioned statistics do not exclude duplicate values, and the same enterprise can be both a limited liability company and a sole proprietorship.
──The financing of smart sensor companies is mainly in the A round and strategic financing
According to the Chinese enterprise database Qichamao, there are currently 13,500 surviving and active companies, of which 414 companies have financing information, and most of them are A-round and strategic financing. As of February 2023, among Chinese smart sensor companies, 102 companies have raised A-round financing, and 152 companies have raised strategic financing, followed by 92 seed/angel rounds and 32 B-rounds.
Note: The above-mentioned enterprises are surviving and active enterprises.
──Smart sensor companies are mainly listed on A shares and the New Fourth Board
According to China’s enterprise database Qichamao, there are currently 13,500 surviving and active companies, of which 13,194 are unlisted . In general, the listing rate of smart sensor companies is only 2.21%. Among the listed companies, A-share companies and New Fourth Board companies are the main ones. There are 171 New Fourth Board companies and 62 A-share companies.
Note: The above-mentioned enterprises are surviving and active enterprises.
──In the intelligent sensor enterprises, there are more technology-based small and medium-sized enterprises and specialized and new enterprises
According to the Chinese enterprise database Qichamao, there are currently 13,500 surviving and active companies, of which 427 companies have been awarded the title of Specialized Special New Enterprises, 184 companies are private technology companies, and 157 companies are Specialized Special New Small Enterprises giant.
Note: The above-mentioned enterprises are surviving and active enterprises; 2) The above-mentioned statistics do not exclude duplicate values, and the same enterprise can be both a technology-based small and medium-sized enterprise and a specialized and special new enterprise.
──Smart sensor companies mainly have patents
According to the Chinese enterprise database Qichamao, there are currently 13,500 surviving and active enterprises, of which 4,249 enterprises have patent information, and 3,649 enterprises have software copyrights. In patent information, smart sensor companies focus on inventions, 4,249 companies have invention information, and 3,686 companies have applied for utility models.
Note: The above enterprises are surviving and active enterprises; 2) The above statistics do not exclude duplicate values, and the same enterprise can own multiple patent information and software copyrights at the same time.
──Risks in smart sensor companies are mainly based on referee documents and abnormal operations
According to the Chinese enterprise database Qichamao, there are currently 13,500 surviving and active enterprises, of which 2,126 enterprises have judgment documents, 714 enterprises have abnormal operations, and 477 enterprises have administrative penalties.
Note: The above-mentioned enterprises are surviving and active enterprises; 2) The above-mentioned statistics do not exclude duplicate values, and the same enterprise can have judgment documents and administrative penalties at the same time.