echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Looking at the development prospects of my country's gas sensor industry from the corporate financial report for the first half of 2021

    Looking at the development prospects of my country's gas sensor industry from the corporate financial report for the first half of 2021

    • Last Update: 2021-07-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Focus on Chemical Machinery and Equipment Network ] Recently, gas sensor manufacturers Sifang Optoelectronics and Hanwei Technology released a performance forecast for the first half of 2021.
    Net profit is expected to increase by 199.
    83% to 212.
    68% and 10% to 15% year-on-year.
    The main source of performance growth Due to the increase in demand for gas sensors in the downstream
    .

     
    Chemical machinery equipment network hotspots focus on chemical machinery equipment sensors
    Sifang Optoelectronics said that during the reporting period, the company’s strong demand in downstream applications has prompted a significant increase in orders for dust sensors, CO2 gas sensors, and medical health gas sensors; Hanwei Technology said that the company’s electrochemical sensors and modules, and catalytic sensors during the reporting period , Infrared carbon dioxide sensors, laser dust sensors and other products achieved rapid growth year-on-year
    .

     

    It is not difficult to see that with the continuous growth of demand for gas sensors in downstream applications such as smart home, automotive electronics, consumer electronics, medical treatment, industrial processes, and environmental monitoring, the performance of the two companies has maintained a relatively high growth rate
    .

     

    Gas is an important substance for human survival, and it is also the raw material and product of many industrial processes
    .
    As long as there is a need to detect and control the temperature, humidity, pressure, flow, and concentration of the gas, related equipment and systems need to be equipped with gas sensors
    .

     

    The gas sensor is a gas volume, composition, concentration and other information may be converted to the art, instrumentation means valid signal identification, computer or the like
    .
    There are many application fields of gas sensing, mainly including smart home, automotive electronics, consumer electronics, wearable equipment, medical, industrial process, environmental monitoring and other industries.
    The end customers cover a wide range of industries, various types, and high dispersion.
    Complexity and high degree of personalization
    .

     
    Instrumentation
    In recent years, with the introduction of various national encouraging policies in air pollution control, industrial transformation and upgrading, Internet of Things and artificial intelligence, and healthy China actions, a good market environment has been created for the development of the gas sensor industry, and the market space has grown steadily
    .

     

    According to the Prospective Industry Research Institute, the global sensor market in 2019 reached US$226.
    5 billion, a year-on-year increase of 10.
    00%; China’s sensor market in 2019 was 165.
    7 billion yuan, a year-on-year increase of 12.
    57%; China’s sensor market is expected to reach 232.
    7 billion by 2022 Yuan
    .
    According to the 2020 annual report of Sifang Optoelectronics, China's gas sensor market will exceed 60 billion yuan in 2020
    .

     

    In the context of the rapid development of the Internet of Things market, the application demand for gas sensors in smart homes, wearable devices, smart mobile terminals, environmental monitoring and other fields is growing rapidly
    .
    While expanding the application space of gas sensors in the consumer sector, the requirements for product cost, power consumption, and volume have also been continuously increasing, especially the rapid growth of demand for customized and personalized products
    .

     

    Among them: multifunctional integration is the objective demand of the market
    .
    A product can simultaneously detect multiple characteristics of multi-component gases including concentration, flow, temperature, humidity, and pressure, replacing the previous single-function gas sensor
    .

     

      Networking is an inevitable trend of development
    .
    With the continuous upgrading of terminal user experience and the gradual change of consumption habits, gas sensors require high confidentiality, long transmission distance, strong anti-interference, strong adaptability, and communication functions.
    Networking is the development of gas sensors.
    The inevitable trend
    .

     

      The application of new materials and new technologies promotes the realization of miniaturization
    .
    The successful application of new material preparation technologies such as nanometer, thin film, and thick film technology provides conditions for the realization of new functions of gas sensors
    .
    At the same time, with MEMS technology, the international advanced smart gas sensor has been able to integrate functions such as gas sensing, signal acquisition, information processing, calibration data storage, temperature compensation, and digital interface in a small package
    .

     

      In recent years, China's gas sensor industry has grown rapidly, and domestic gas sensor companies have gradually gained the ability to compete with international manufacturers in overseas markets
    .
    At present, the main companies in the gas sensor industry include Sensirion, Hanwei Technology and Sifang Optoelectronics
    .

     

      On the evening of July 10, when interacting with consumers in the Douyin live broadcast room, the chairman of Hanwei Technology stated that its independent intellectual property rights and technology accumulation have allowed Hanwei Technology’s detection products to be included in Sinopec’s procurement projects for many times.
    Nivelles and Mei Si'an compete on the same stage
    .

     

      However, it is undeniable that in China's gas sensor market, there is ample supply of low- and mid-end products, and there is still a lack of mid-to-high-end products, especially intelligent, high-precision gas sensor products that are difficult to meet market demand
    .
    The gas sensor industry in China needs to accelerate the speed to promote the development of stronger enterprises in the direction of intelligence and high-end, and enhance the industry's influence in the international high-end market
    .

     

      Original title: Looking at the development prospects of my country's gas sensor industry from the corporate financial report for the first half of 2021
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.