According to the reading: China National Electronic Component Industry Association Secretary-General Gu Qun said that during the “Thirteenth Five-Year Plan†period, China’s electronic components industry (excluding printed circuit boards and batteries) will maintain moderate growth, with an average annual growth rate of about 5%. Among them, the three branches of hybrid integrated circuits, sensitive components and sensors, and optical devices will maintain a relatively high growth rate, with the growth rate of sensitive components and sensors expected to reach 9%.
At present, China's electronic components have already achieved the basic categories, especially the components whose technical requirements are not particularly high. Our country has been able to produce large-scale products. The middle and low-end products basically meet the market demand, and design, R&D and application levels have been established. A certain increase. However, as people's requirements for technology increase, China's electronic components industry is still very severe, especially to continuously improve the precision technology, which will become the lifeblood of China's electronic components industry.
During the “Thirteenth Five-Year Plan†period, under a series of favorable factors such as market demand and policy traction, the competitiveness of China’s sensor industry is expected to increase further. The booming demand for IoT applications is a powerful driving force to support 30% of localization goals. Sensors are an important part of the perception layer of the Internet of Things and bear the heavy responsibility of data collection and transmission. They are the basis and prerequisite for the realization of the Internet of Things. The data shows that the global IoT market is expected to reach US$11 trillion in 2025, and the corresponding sensor market will also reach a market size of several hundred billion US dollars. This is an opportunity for our country. Along with it is a huge challenge. We want to have a real say in this line. We must also go through more training.
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