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    Home > Chemicals Industry > China Chemical > The sensor market is turbulent.

    The sensor market is turbulent.

    • Last Update: 2022-08-15
    • Source: Internet
    • Author: User
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    [ Chemical Machinery Equipment Network Market Analysis ] The sensor market is one of the technical fields that have been severely hit by the Covid-19 pandem.
    Due to the reduction of fossil fuels and internal combustion engines and the hindrance of the commercialization of existing sensor technologies, the pandemic has further affected the automotive sensor mark.
     
    Chemical machinery equipment network market analysis chemical machinery equipment sensors
    IDTechEx concluded in its survey of the post-Covid sensor market: "The sensor business is in turmo.
    The problem is cost, not dema.
    For example, a troubled car manufacturer needs all LiDAR sensors that can be used, but the unit cost is still hi.
     
    On the contrary, mass production in emerging markets (such as biosensors, such as glucose monitors) seems to be a way to get rid of the current predicament of the sensor indust.
    During the new coronavirus pandemic, the research and development activities of biosensors have increased rapid.
    Researchers at the Swiss Federal Institute of Technology Zurich have been prioritizing research on a biosensor that will help detect Covid-19 in areas with a high risk of infection, such as train stations and hospita.
     
    According to the AMR report, the biosensor market generated $15 billion in 2018 and is expected to generate $36 billion by 2026, with a compound annual growth rate of 14% from 2019 to 202 
    At the same time, the rise of chronic diseases such as diabetes, increased investment in R&D activities, and the use of nanotechnology to develop biosensors have promoted the growth of the biosensor mark.
    However, the huge investment required for R&D activities hinders the growth of the mark.
    On the other hand, in the next few years, it is expected to adopt innovative technologies in biosensors to improve their efficien.
     
    In addition, IDTechEx also sees emerging markets where sensors are integrated into municipal water supply and power grids, which may offset the decline in the energy indust.
    Edge sensors installed as nodes in IoT deployments are regarded as big data generato.
    Once broadband, low-latency 5G networks are launched, sensor networks are expected to become popul.
     
    These include municipal water supply networks and wastewater treatment plan.
    IDTechEx predicts that by 2030, the sensor market for water pipe networks alone may exceed US$5 billi.
     
    Wired water plants may generate a lot of new da.

    The market tracking agency said in a report released in mid-August: "Collecting data on the flow of water pipes allows companies to quickly identify areas where demand is increasing, thereby reducing pressure on water pip.

    " Data is linked to current events" and may be used to make predictions before a crisis occu.

     
    The sensor technologies needed to make predictive analytics a reality include pressure measurement equipment, flow meters , acoustic emissions (also known as leaks), and temperature and chemical senso.

    The latter can track indicators such as pH and trace meta.

     
    Flowmeter
    In addition, municipal water managers can use the same sensor technology currently used by chip manufacturers to monitor the water supply of trace elemen.

    Upgrades to those sensors will enhance current systems, such as smart water meters for tracking water consumpti.

     
    Original title: The sensor market is turbulent, and biosensors are developing rapidly
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