User experience, industrial control and automotive electronics are the market drivers for the rapid development of sensors. The Internet of Things is the driving force behind sensor demand in emerging markets and cross-industry sensor markets. According to the forecast of the Ministry of Industry and Information Technology, the Chinese Internet of Things market will exceed 500 billion yuan by 2015. When it matures in 2020, it will launch a market scale of one trillion yuan, and the compound annual growth rate will reach 30% in the next five years.
With the rapid development of smartphones, in-vehicle systems, medical equipment, industrial control, and the Internet of Things, sensors have received a high degree of attention from the government to the entire industry. The broad market prospects have led to an excessive growth in the number of local sensor suppliers in China, and the level of technology has been uneven.
The “Twelfth Five-Year IoT Development Plan†officially issued by the Ministry of Industry and Information Technology clearly stated that by 2015 China will initially complete the construction of the industrial system, form a relatively complete IoT industrial chain, and vigorously develop “intelligent industry, agriculture, logistics, transportationâ€. Demonstration projects in nine key areas of power grid, environmental protection, security, medical care and home.
2012 China market sensor leader survey, research on China's sensor market and technology needs, as well as mainstream sensor technology supplier analysis, and obtained four core research findings, respectively, the following: the percentage of sensor imports is polarized; the European and American sensor suppliers are the most Welcome; quality, price and delivery issues lead to the downgrade of qualified suppliers; good capacity and good replacement ability are the main points of good relationship suppliers.
These core discoveries enable Chinese electronic system manufacturers to have a comprehensive and authoritative understanding of the sensor supply chain ecosystem.
In addition, from this survey, it can be seen that 65.9% of the whole machine manufacturers are more inclined to purchase sensors through direct suppliers. Among all sensor product purchase channels, European and American sensor suppliers are the most popular, and 55.7% of companies like to purchase from European and American sensor suppliers, far exceeding other suppliers and distribution channels. In second place, local sensor suppliers, companies that are willing to purchase sensors through local sensor suppliers reached 25.1%.
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