Whether the industry is facing saturation and stagnation, or rapid growth, MEMS has always been a shining star. In the era of intelligent Internet of Things, MEMS sensors are playing an irreplaceable and important role. In this article, we will talk about the development prospects of MEMS sensors in China.
In recent years, the growth rate of China's MEMS sensor market has remained at a high level, and it has become one of the fastest growing regions in the global MEMS market. According to the data, the size of China's MEMS sensor market will reach 83.8 billion yuan in 2021, a year-on-year increase of 18.9%. With the rapid development of the Internet of Things, consumer electronics, automotive electronics and other fields, the market demand for MEMS sensors will continue to grow. Due to the high-speed, multi-link, low-latency, and high-controllable performance of 5G communication technology, it can well meet the network requirements of heavyweight IoT applications. In the future, with the acceleration of 5G network construction, the functions of the Internet of Things will become more and more abundant, and the application scenarios will become more and more extensive, and MEMS sensors, as the core devices of the Internet of Things, will also usher in new opportunities for development.
Under the combined force of factors such as policy support, market pull and capital promotion, China's semiconductor industry has continued to develop, and since entering the 21st century, the market size of the conductor industry has grown rapidly, and with the rapid expansion of China's semiconductor scale, the MEMS sensor industry will also usher in a broad space for development. In the MEMS sensor market, various segments such as accelerometers, pressure sensors, miniature gyroscopes, etc. have a wide range of applications and huge market potential. Especially in the fields of automotive safety, autonomous driving, consumer electronics, industrial manufacturing, etc., the demand for MEMS sensors is growing. With the acceleration of the trend of vehicle electrification and intelligence, the scale of the automotive electronics market continues to expand. The application of MEMS sensors in automotive safety, autonomous driving, body control and other fields will be more extensive, providing new growth points for the industry. In addition, the consumer electronics market is one of the important application areas for MEMS sensors. With the spread of smartphones, tablets, and other devices, and the increasing variety of functions, the demand for MEMS sensors will remain strong.
Figure:Comparison of MEMS sensors revenue(Source:XYZ research)
In addition, as one of the important directions of future development of the Internet of Things, the demand for MEMS sensors will grow significantly. The application of MEMS sensors in smart home, smart wearable, smart medical and other fields will continue to expand, promoting the rapid development of the industry. The rapid growth of sensing demand for applications such as the Internet of Things has led to an increase in the number of sensors used and a rapid increase in energy consumption, which has put forward new requirements for the low power consumption of MEMS sensors. With the growth of demand in the downstream field, MEMS sensors will continue to develop in the direction of intelligence, miniaturization, and low power consumption.
China's MEMS sensor industry has made remarkable progress in technology research and development, market expansion, etc., and its international competitiveness has been continuously improved. Some domestic enterprises have begun to emerge in the international market, competing and cooperating with internationally renowned enterprises. With the acceleration of globalization, China's MEMS sensor industry will strengthen exchanges and cooperation with the international market. Through the introduction of advanced technology and management experience, participate in the formulation of international standards, etc., to enhance the overall level and international influence of the industry.
At present, the development prospects of MEMS sensors in China are very broad. It has shown a positive development trend in terms of market scale, technological innovation, application fields, policy support, and international competition and cooperation. In the future, with the continuous progress of technology and the continuous expansion of application fields, China's MEMS sensor industry will usher in a broader development space and opportunities.
