Review of the industrial sensor market in 2022

Data show that in 2022, the industrial sensor market grew by about 18.1%, compared with other industrial automation products such as PLC, servo, etc., the sensor market still maintains a higher growth rate. Among them, visual products and photoelectric switches have a higher growth rate, with year-on-year growth of more than 15% in 2022. Security sensors grow slowly.

Overall, the industrial sensor market in 2022 presents the following characteristics:

1. Increased panic orders due to delivery date.

In 2022, chip shortages, logistics constraints, energy shortages, rising costs and other problems led to longer sensor delivery times. Agents and downstream customers are worried about the product delivery time and price increase, so they place orders in advance to stock up, driving the growth of market demand. From the beginning of the fourth quarter, the macro economy is sluggish, the market environment is not good, and the market holds a pessimistic expectation for 2023. The orders of manufacturers tend to be rational, and some customers’ orders shrink obviously.

2. Surging demand for new energy vehicles and lithium electricity.

In 2022, the overall industrial market will develop gently, with hot investment in new energy vehicles, lithium electricity and logistics industries. Leading manufacturers such as Pujia Fu, Easy Measurement and so on, due to their good layout in the new energy vehicle and lithium electric industry, the performance growth of more than 25% in 2022.

3. Leading enterprises occupy as high as 60% of the displacement sensor market.

Keenes has been occupying the “half of the displacement sensor market”, products with excellent performance, preferential price and good delivery time, the market share further increased in 2022, the market share as high as 60%.

Domestic industrial sensor jam neck technology

At present, domestic industrial sensors still exist some neck technology, such as:

1. The manufacturing process level needs to be improved: compared with foreign countries, there is still a certain gap in the manufacturing process level of domestic industrial sensors. For example, in some key production links, domestic industrial sensors have some defects, resulting in product performance can not reach the best state.

2. Relatively weak product research and development capability: domestic industrial sensors have insufficient investment in product research and development, resulting in slow development of new products and high research and development cost.

3. Insufficient brand influence: Compared with foreign well-known brands, the brand influence of domestic industrial sensors is relatively weak, and it is difficult to obtain more shares and competitive advantages in the international market.

4. Lack of technological innovation ability: although domestic industrial sensors have certain advantages in the application of traditional technology, the research and application in high-end technology fields, such as MEMS technology, micro and nano technology, still need to be improved. It should be pointed out that, with the continuous improvement of the level of domestic science and technology and the continuous expansion of the talent team, these neck technology will be gradually broken through.