Chinese Sensor Market Worth RMB247 Billion by 2018 Says A New Research Report at ChinaMarketResearchReports.com
Pune, MH (PRWEB) September 28, 2015 -- In 2014, the global sensor market valued at USD126 billion, representing a year-on-year increase of 19.4%. The United States, Japan, Germany and China occupied 72.4% share of the global sensor market together, in which China accounted for about 10.8%.
Benefiting from the rapid development of Internet of Things and other industries, the Chinese sensor market grew at an average annual growth rate of 23.6% in 2009-2014, and reached RMB86.5 billion in 2014; it is expected to value at RMB247 billion by 2018. Complete report of 108 pages is available at http://www.chinamarketresearchreports.com/115243.html .
Consumer electronics and automobiles are two major fields of sensor application, and made up 41.0% and 14.8% of China's total demand for sensor in 2014 respectively. In future, smart cars, wearable devices, industrial robots and other intelligent industries will promote the development of the sensor industry as main engines.
As for enterprises, about 70% of the Chinese sensor market is mastered by STMicroelectronics, Freescale and other foreign companies, while Chinese companies represented by Hanwei Electronics, Dali Technology and HGTECH seize small market share. Order a copy of this report at http://www.chinamarketresearchreports.com/contacts/purchase.php?name=115243 .
STMicroelectronics: The world's largest MEMS supplier of consumer electronics and mobile devices gained the revenue of USD3.447 billion in the first half of 2015. In September 2015, the company integrated advanced motion sensors and proximity sensors in the mobile phone model --- OnePlus 2 made by China's local mobile phone vendor One Plus.
Freescale: As a major semiconductor company in the world, Freescale mainly produces pressure sensors, acceleration sensors and other types of sensors. As of the end of June 2015, the total sensor shipment of the company had hit over 2 billion.
HGTECH: By the end of 2014, the company had been able to produce 500 million heat sensitive sensors each year. In 2015, it is constructing a new-type thermal ceramic sensor project, which will raise the company’s capacity to 700 million/a after reaching production target. In addition, the company has achieved small batch production of high precision micro sensors.
Hanwei Electronics: The company focuses on gas sensors. The output amounted to 9.15 million in 2014. In the past two years, the company has made layout in flexible, micro-nano, MEMS and other sensor fields through the acquisition of Suzhou LEANSTAR and Zhengzhou Yidu.
Zemic: Following automotive testing equipment, the second business --- strain sensors contributed RMB115 million or 24.3% to the total revenue in the first half of 2015. The company’s ongoing project involved with 4,300 sets of plate sensors and automotive testing equipment as well as 11,700 sets of new-type sensors and system products annually is expected be completed by the end of 2015, which will further improve its share in the Chinese sensor market.
The report focuses on the following aspects:
Size, regional structure, competition pattern and the like of the global sensor market;
Market size, regional structure, product structure, competition pattern, etc. of China sensor industry;
Development and demand scale of major sensor applications such as smart phones, automobiles, industrial robots and wearable devices;
Operation, sensor business and development strategies of 4 global and 11 Chinese sensor companies.
Major Global Sensor Vendors
Bosch
STMicroelectronics
Freescale
Honeywell
Major Chinese Sensor Vendors
Guide Infrared (002414)
AAC Technologies (2018.hk)
HGTECH (000988)
Zemic (300114)
Dali Technology (002214)
GoerTek (002241)
Hanwei Electronics (300007)
Shanghai Aerospace Automobile Electromechanical (600151)
MEMSIC
Galaxycore
Browse more reports on Information Technology & Telecommunication Industry @ http://www.chinamarketresearchreports.com/cat/information-technology-telecommunication.html .
About Us:
ChinaMarketResearchReports.com (http://www.chinamarketresearchreports.com/ .) is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.
Ritesh Tiwari, China Market Research Reports, http://www.chinamarketresearchreports.com/, +1 (888) 391-5441, [email protected]
Share this article