Flexible sensing market space is huge, and domestic manufacturers actively layout

The flexible sensor market is huge. According to Frost Sullivan data, the global flexible electronics market size has reached 58.62 billion US dollars in 2022, and the market size is expected to reach 304.94 billion US dollars in 2025, with a CAGR of 70.17% in 2023-2025. With the accelerated development of humanoid robots, the flexible electronics market is expected to grow rapidly.

KJ3203X1-BA1 The flexible sensor market is becoming increasingly competitive. At present, a large number of enterprises have emerged in China’s flexible sensor industry, and a large number of enterprises have formed a relatively decentralized competitive pattern. There is a certain difference in the technical level of China’s flexible sensor enterprises, and the main domestic manufacturers are: Hanwei Technology, Royole Technology, Shanghai Sicheng and so on.

4. MEMS sensor: Miniaturization meets the needs of humanoid robots

4.1. MEMS sensors can be divided into inertial sensors, pressure sensors, etc

MEMS products have the characteristics of high integration, miniaturization, intelligence, low power consumption, etc., and have broad application space in the field of humanoid robots. MEMS (Micro Electromechanical System) is a micro-electromechanical system that integrates micro sensors, actuators, signal processing and control circuits, interface circuits, communication and power supplies using a silicon-based semiconductor manufacturing process. The chip manufactured based on MEMS process has the characteristics of low power consumption, miniaturization, intelligence, high integration and mass production, which can meet the needs of humanoid robots for sensor KJ3203X1-BA1 miniaturization, low power consumption and low cost, so it has a broad application space in the field of humanoid robots.

The semiconductor industry business model is mainly divided into IDM and Fabless, and the MEMS industry Fabless mode has its special features. The Fabless model of the MEMS industry is special in that: Wafer foundries have a lot of technology accumulation in manufacturing CMOS process-based integrated circuit products, so large-scale integrated circuit design enterprises only need to be responsible for chip research and development and sales, but because the technical process of MEMS products has the characteristics of non-standard, a MEMS chip usually needs to correspond to a set of processing technology. Therefore, MEMS chip design enterprises need to deeply participate in the process development and continuous optimization and adjustment process of third party manufacturing enterprises.

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The MEMS industry needs the comprehensive application of interdisciplinary knowledge and technology, and all aspects of MEMS chips need technology accumulation. The research and development and design of MEMS products require the accumulation and integration of interdisciplinary knowledge such as machinery, electronics, materials and semiconductors, as well as cross-industry technologies such as machinery manufacturing and semiconductor manufacturing. In the chip design process, MEMS sensor designers need to consider the impact of temperature, stress, production technology and other factors on product performance and quality, and offset part of the deviation through the spatial arrangement of MEMS chip internal structure in the chip design process. In the wafer manufacturing process, due to the lack of mature MEMS process modules in general wafer foundries, MEMS design companies and wafer foundries need to jointly develop production processes suitable for their own products based on existing platforms to improve the stability of product mass production. In the packaging and testing process, the packaging structure needs to protect the internal structure at the same time, to realize the signal interaction between the internal and external chip, and the testing process requires KJ3203X1-BA1 the company to design different test card control mechanisms according to the different application fields and performance requirements of the product, in order to complete the quality control of large-scale pre-production. The global MEMS market is expected to continue to grow, and the domestic MEMS market is growing faster than the global market. According to Yole Intelligence, the global MEMS market size is expected to reach $22.253 billion in 2027, with a CAGR of 9.30% from 2018 to 2027. According to the data of China Business Industry Research Institute, the domestic MEMS market size is expected to reach 113.2 billion yuan in 2023, and the compound annual growth rate of 2018-2023 is as high as 17.47%, higher than the growth rate of the global MEMS market. (According to Yole Intelligence, the global MEMS market has a CAGR of 9.47% from 2018 to 2023)

MEMS products have a wide range of applications, and sensors such as inertia and pressure are important products. According to the prospectus of Mincore shares, MEMS sensors can be divided into inertial sensors, pressure sensors, acoustic sensors, environmental sensors and optical sensors. According to “Status of the MEMS Industry 2021” released by Yole Development, In 2020, inertial, radio frequency, pressure, acoustics, flow control, optics, infrared and other seven categories of MEMS sensors in the total MEMS sensor market accounted for 29%, 21%, 19.2%, 10.6%, 9.4%, 5.4%, 4.5%, respectively. MEMS inertial sensors, pressure sensors and acoustic sensors, as important sensors that can be applied to humanoid robots, occupy an important position in the MEMS sensor market, accounting for 58.8% of the total.