Smart sensor market size in China 2019-2024

Published by
Daniel Slotta,
Jan 3, 2024
In 2022, the size of the Chinese smart sensor market amounted to around 120 billion yuan. According to forecasts, the market was projected to increase to 164 billion yuan by 2024. Smart sensors are basic components necessary for the application of artificial intelligence technology. For instance, they are used in smart manufacturing.

Size of the smart sensor market in China from 2019 to 2022 with estimates until 2024 (in billion yuan)

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Release date

November 2023

Region

China

Survey time period

2019 to 2022

Supplementary notes

*Estimate.

One yuan equals 0.14 U.S. dollars and 0.13 euros (as of January 2024).

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