In recent years, with the rapid development of the automation industry and the advancement of automation applications, the industrial sensing system market in China has achieved rapid development. In 2011, the market scale reached 17.7 billion yuan, an increase of 36.2% year-on-year. The next few years will maintain rapid growth. It is estimated that between 2012 and 2016, China's industrial sensor system market will grow at a CAGR of 28.8% to 2016, and the market scale will reach 63.8 billion yuan.
Industrial sensing systems are widely used in metallurgy, pharmaceutical, chemical, paper, tobacco, packaging, electronics, food, printing, security, modern logistics, intelligent transportation and other industries. In recent years, with the rapid development of the automation industry and the advancement of automation applications, the industrial sensing system market in China has achieved rapid development.
Industrial development is a cumulative, asymptotic process. From a global perspective, after decades of development, industrial automation has laid a good foundation for development and is developing in the overall direction and in depth. On the one hand, with the improvement of industrial automation technology and increasingly fierce market competition, in addition to traditional industries such as automobiles, shipbuilding, engineering machinery, electronics, power, and chemical industries, industrial automation is gradually moving toward aerospace, marine engineering, photovoltaics, and clothing. The development of other industries showed a trend of blossoming everywhere. On the other hand, industrial automation is moving toward the direction of integration and flexibility.
Driven by the favorable factors mentioned above, China's industrial sensing system market has ushered in golden development opportunities and will maintain rapid development in the coming years. It is estimated that between 2012 and 2016, China's industrial sensor system market will grow at a CAGR of 28.8% to 2016, and the market scale will reach 63.8 billion yuan.
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