Frost & Sullivan releases 'China Industrial-grade Sensors and Transmitters: An Independent Market Study'

In recent years, with the rapid development of downstream industries and the continuous expansion of application scope, the global transmitter market size has reached the level of hundreds of billions. The types of sensor products required are diverse, but currently the variety of domestic sensor products is still less than the global total. The main reason for the low penetration rate in China is that the mid- to high-end sensor and chip fields are still dominated by international manufacturers (international manufacturers account for more than 80% of domestic sales); at the same time, domestic manufacturers still face certain shortages or even gaps in sensor and transmitter products and technologies in special fields such as medical research, microbiology, and chemical analysis. Against the backdrop of intelligent manufacturing, high-quality development, and autonomous control of core technologies, the localization process of industrial-grade sensors and transmitters has accelerated, and the future market prospects are broad. For this reason, based on research into the market, Frost & Sullivan (Frost & Sullivan) has released the 'China Industrial-Grade Sensors and Transmitters Independent Market Research Report'.