China's IoT industry 200 billion sensor market 44 billion

Introduction: In the context of the rapid development of the Internet of Things, sensor networks as an important foundation in the Internet of Things also ushered in the golden period of development. According to a report released recently by the research organization Bayes, the size of China's sensor market is expected to reach about 44 billion yuan in 2010, and the next five years will be the five years of steady and rapid development of the Chinese sensor market, with an annual growth momentum of more than 30%. Below, the size of China's sensor market in 2014 is expected to reach more than 120 billion yuan.

The government attaches great importance to the Internet of Things, and all parties in the industry chain are enthusiastic about the development of the Internet of Things. At present, the rapid pace of planning for the domestic Internet of Things industry is surprising. Not only the National Development and Reform Commission, the Ministry of Industry and Information Technology, and the Academy of Engineering are involved in the planning. Local governments compete for industrial bases, and various companies are also embarking on or preparing to invest in the Internet of Things.

Internet of Things Brings Huge Industrial Opportunities

The industry chain of the Internet of Things includes sensors and chips, devices, network operations and services, software and application development, and system integration. As the tower of the “Pyramid” of the Internet of Things, the sensor will be the largest and most basic link in the total demand for the entire chain. The speed of development of the sensor industry will directly affect the speed of development of the Internet of Things. According to industry experts, “The Internet of Things will bring huge industrial opportunities to the communications chip, RFID/sensor industry, and system integration.” From the perspective of the industry chain, the Internet of Things will give the communications chip, RFID/sensor industry, system integration, Telecom operators have brought huge industrial opportunities. From the perspective of beneficiary time, the development of the Internet of Things will benefit from RFID and sensor manufacturers, followed by system integrators, and finally by operators of the Internet of Things.

Industry analysts believe that the benefit of the Internet of Things for sensor manufacturers and IoT system solution providers is obvious. "From the perspective of the industry chain, in the application of the Internet of Things, two types of manufacturers benefit the most: one is the underlying sensor manufacturer, and the other is the IoT system solution provider. The sensor manufacturers benefit mainly from the promotion of industrial applications. The demand for sensors is huge, such as Yinjiang shares, Tongfang shares and Taiji shares."

There are about 30 listed companies in the Internet of Things-related business in China, and A-share listed companies that design sensors include China Labor and Technology, Dali Technology, Goerre Acoustics, Guanglu Digital Test, Hanwei Electronics, and Aerospace Electromechanical. All of these companies are expected to benefit from the explosive growth of sensors.

Sensor company accelerates development and snatches the market

At present, China's Internet of Things industry is still in the initial stage, and its application prospects are very broad. In the future, it will become a new type of strategic industry in China. The development of the Internet of Things will undoubtedly bring new opportunities to the sensors. With the development of the Internet of Things, the development prospect of sensors is good. Domestic related companies are accelerating their development to grab the market.

According to Wen Xueli, Secretary-General of the China Electronic Component Industry Association, in the face of major opportunities for the development of the Internet of Things, domestic companies must give full play to the independent innovation role of the industry, academia, and research alliances, and take the market as the direction to strengthen the sensor industry.

As with other industries, standards are a challenge that the sensor industry must face. Li Yongxiang, deputy general manager of Nanyang Golden Crown Technology Co., Ltd. believes that at present, in the early days of the development of the Internet of Things, government guidance and participation of enterprises should be adopted. The standards for sensors used in the Internet of Things should be studied. If the industry is developed, then the standards will be very difficult. , and it will waste a lot of resources. He emphasized that the standards formulated must be consistent with the objective reality and must not be too advanced. Otherwise, the standards will be in name only.

At present, China's Internet of Things industry lacks leading enterprises, and more than 30 listed companies related to the Internet of Things are only business-related, and business income only accounts for a small part of turnover. According to the GSII market survey conducted by the High-tech Sensing Industry Research Institute, 80% of the world's leading sensor manufacturers have entered the Chinese market. In 2009, the global sensor market capacity was about 53 billion U.S. dollars, and it is estimated that the world's sensor market can reach more than 66 billion U.S. dollars in 2010.

The scale of China's sensor market continues to rise. Domestically, a group of chip manufacturers are urgently needed to seize this market, breaking the predicament that China's chips are mainly imported, and only by realizing the localization of sensor chip design and manufacturing can it really increase the company's turnover. Improve the overall level of the sensor chip manufacturing industry in China, improve the overall competitiveness of the Internet of Things industry, and thus accelerate the rapid development of the Internet of Things industry.

Sensor network standards will be released soon

Sensors constitute an important product of the sensor network. Sensor products will constitute an important part of the development of sensor networks. Therefore, related companies should adjust their development plans according to the development and planning of the Internet of Things, and introduce the overall view of the Internet of Things on the basis of the original. As of 2009, the global sensor market has experienced steady and rapid development, while the Chinese sensor market has grown relatively faster. Bayes believes that since the development of the Internet of Things is a long-term strategic process in the next 10-20 years or even longer, the sensor market is still building on the foundation of the original industry application in the context of the Internet of Things. Development planning to capture market opportunities.

In recent years, the global sensor industry has achieved rapid development. According to CCID Consulting's research report, China's Internet of Things industry will reach 200 billion yuan in 2010. By 2015, the overall market size of China's Internet of Things will reach 750 billion yuan, and the compound annual growth rate will exceed 30%. The global sensor industry will directly benefit from this. Intechno Consulting's survey data shows that total sales of more than 3,000 sensor manufacturers worldwide were US$50 billion in 2008, and this year's total sales will reach more than US$60 billion.

According to the China Electronics Information Industry Development Institute's Institute of Microelectronics, the Chinese sensor market will reach 90.5 billion yuan this year. In the next five years, the average sales growth rate of the domestic sensor market will reach 31%.

It is worth noting that the technical standards for sensor networks are in full swing. According to Feng Yiting, an important participant in the sensor network standard and a dean of the Wireless Sensor Network Research Institute of Hangzhou Jiahe Intelligent Control Co., Ltd., the Internet of Things has broad prospects in China. The government and enterprises have paid great attention to the development of standards in this field. Currently, One of the key technologies of the Internet of Things is the ongoing work on sensor network technology standards. It is expected that the draft will be released by the end of the year.