Investment Rating - The report does not explicitly provide an investment rating for the pressure sensor industry [3]. Core Insights - The pressure sensor market in China reached a scale of 63.2 billion yuan in 2023, with an expected compound annual growth rate (CAGR) of 14% from 2024 to 2028, potentially reaching 119.1 billion yuan by 2028 [7][14]. - The automotive sector is the largest application area for pressure sensors, accounting for approximately 40% of the market share, followed by consumer electronics (20%), industrial applications (18%), and medical applications (15%) [8][16]. Summary by Sections Market Size - The pressure sensor market is the largest segment within China's sensor industry, with a market size of 63.2 billion yuan in 2023 and a projected CAGR of 11% from 2024 to 2028, reaching 119.1 billion yuan by 2028 [7][14]. Application Areas - The distribution of pressure sensor applications is as follows: automotive (40%), consumer electronics (20%), industrial (18%), and medical (15%) [8][16]. - In the automotive sector, pressure sensors are critical for ensuring reliability and durability, with profit margins typically ranging from 20% to 30% [8][16]. - The consumer electronics sector has seen a significant increase in demand due to the rise of smart home devices and wearables, although it faces intense price competition, resulting in lower profit margins of 10% to 20% [8][16]. - Industrial applications utilize pressure sensors for complex measurement and control systems, with profit margins generally between 25% and 35% [8][16]. - The medical sector requires high precision and reliability, with profit margins typically ranging from 30% to 40% [8][16]. Automotive Sector - The automotive market in China is rapidly growing, with pressure sensors becoming increasingly important due to the implementation of stricter emission standards and the rise of new energy vehicles [17]. - In 2023, China's automotive production and sales reached 30.16 million and 30.09 million units, respectively, marking a year-on-year growth of 11.6% and 12% [17]. Consumer Sector - The growth of pressure sensors in the consumer sector is driven by technological advancements and the expansion of applications, leading to increased market competition and the rise of smart products [18]. Industrial Sector - The demand for pressure sensors in the industrial sector is significantly increasing due to the rise of industrial automation, with the market share for pressure sensors in this sector being around 18% [19]. Medical Sector - The medical field is experiencing a moderate increase in demand for pressure sensors, driven by advancements in medical technology and an aging population, with applications in devices such as blood pressure monitors and ventilators [21].
2024年中国压力传感器行业探析：智能制造背景下行业应用新拓展
Tou Bao Yan Jiu Yuan·2024-11-14 11:39