GoerTek(SZ:002241) Qian Zhan Wang·2025-03-29 03:09Core Insights - The smart sensor industry is crucial for emerging fields such as industrial internet, autonomous driving, and smart homes, and serves as an important indicator of a country's level of informatization and digitalization [2] - The Chinese government has prioritized the development of the smart sensor industry, implementing various policies to support technological innovation and the improvement of the industrial chain [2][8] - From 2018 to 2022, the average scale of R&D investment in China's smart sensor industry has been increasing year by year, indicating a growing commitment to research and development [2] Industry Overview - The global smart sensor industry is primarily dominated by major industrial powers such as North America, Europe, and Japan, which hold significant market shares due to their strong technological capabilities and stable product quality [6] - As of 2023, the market size of China's smart sensor industry reached 142.96 billion RMB, marking a significant growth phase for the industry [21] Company Developments - Major companies in the smart sensor sector are focusing on the development of third-generation semiconductors and power devices, optimizing processes around key products [4] - Companies like GoerTek and Hanwei Technology are making significant advancements in smart sensor technologies, with GoerTek holding 1,800 patents in the field as of September 2024 [9][11] - Hanwei Technology has developed a wide range of sensors, including gas, pressure, and flexible tactile sensors, and has secured 989 patents as of mid-2024 [11] Innovation and Patents - The report identifies ten innovative companies in China's smart sensor industry by 2025, highlighting their patent achievements and technological advancements [8] - GoerTek leads with 1,800 patents, while Hanwei Technology and State Grid have also made substantial contributions with 989 and 954 patents, respectively [9][11][12] Market Dynamics - The production costs of smart sensors are significantly influenced by the prices of raw materials, which account for 50-80% of total costs, indicating potential volatility in the market [20] - The supply and demand for manufacturing materials and packaging materials are generally stable, reflecting a mature market environment [20] Future Outlook - The smart sensor industry is expected to continue its growth trajectory, driven by advancements in IoT applications and increasing demand across various sectors [18][21]