The expansion of the Internet of Things market greatly benefits the sensor industry
Regardless of the recent three major operators and Internet giants, there is a lively competition around the technical standards of the Internet of Things. In the eyes of many people in the circle, they are still some distance away from digging the first pot of gold.
Sensor manufacturers such as STMicroelectronics, Texas Instruments, and Infineon are most likely to see huge returns first in the IoT industry chain.
The industry predicts that with the development of the Internet of Things industry, the scale of the Internet of Things sensor market will increase by more than 300% in the next 10 years.
Among them, the Asia-Pacific region has the highest compound annual growth rate. However, if Chinese sensor manufacturers such as Goertek and AAC Technologies want to grab a larger market from European and American giants with core technologies, they must also have special requirements for new requirements such as high-precision positioning. sensitive.
Just as Boxing promoted the development of the semiconductor industry in the mobile Internet market, the expansion of the Internet of Things market has also greatly benefited the sensor industry.
The latest research report shows that the global IoT sensor market is expected to maintain a compound annual growth rate of 33.6% from 2018 to 2023, and the overall market revenue will surge from US$5.28 billion to US$22.48 billion.
"The ever-expanding use of IoT devices supports manufacturers to increase investment, break through the bottleneck of sensor size, cost, etc., thereby greatly improving the integration of sensors." An industry engineer said that various new and mature technologies are also important to the market. Played a boosting role, for example, the introduction of 3GPP Release 13 and Release 14 improved device communication performance, while the introduction of real-time computing capabilities enhanced the data collection capabilities of the Internet of Things.
Increasingly powerful sensors are allowing more and more IoT applications to be promoted. Among them, the vertical industrial IoT market still accounts for the largest share of the IoT sensor market.
The use of various sensors effectively supports the factory to achieve predictive maintenance, full-process quality monitoring, and superposition of new functions. Various unmanned or remote driving terminals are also using a large number of sensors such as gyroscopes and accelerometers to meet the needs of vehicle positioning, navigation and path planning.
The industry believes that the sensors currently widely used in the field of industrial products will soon enter the field of consumer products.
Rapid growth in the Asia-Pacific market and demand for precise positioning have become an outletThe global division of the sensor market is basically the same as that of the Internet of Things industry.
North America is still the largest market for IoT sensors. However, with the promotion and application of the Internet of Things in industrial production, urban construction and consumer-grade terminals, the sensor market in the Asia-Pacific region is expected to maintain the highest compound annual growth rate from 2018 to 2023.
This thesis makes people excited, but industry insiders also pointed out that if they want to rise in the market where sensor giants such as Europe and the United States master core technologies, Chinese sensor manufacturers such as GoerTek, AAC Technologies, Shendi Semiconductor, and Mattel Technology and even each Internet of Things service providers are more sensitive to all kinds of new demands.
According to the latest research by MarketsandMarkets, a market consulting company, due to the growing demand for satellite positioning and navigation applications, among all sensors, gyroscope sensors are expected to maintain the highest growth rate in the next five years. Using sensors to achieve precise terminal positioning is becoming a new trend.
Predicting this trend, Qianxun Positioning, the world's leading precise location service company, on the one hand, is vigorously building the national Beidou ground-based enhancement system "one network in the country", and strives to promote centimeter-level positioning services to achieve full coverage in mainland China by the end of 2018; on the other hand, On the one hand, we will continue to strengthen cooperation with hardware manufacturers and integrate more powerful sensors to allow precise positioning services to truly fall into the Internet of Things applications.
In order to break through the bottleneck of traditional satellite positioning, Qianxun Position independently developed a "multi-sensor fusion positioning algorithm", which combines inertial navigation algorithms with various GNSS positioning algorithms, so that the device can be accurate in the area covered by satellite signals through built-in gyroscopes, accelerometers, etc. Complete the motion trajectory calculation.
If the majority of sensor manufacturers can cooperate with Qianxun Location to jointly promote the popularization of accurate positioning applications, they will surely seize the opportunity in the future market competition.
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