Smart sensor market size in China 2019-2024

Published by
Daniel Slotta,
Dec 4, 2024

In 2023, the size of the Chinese smart sensor market amounted to around 134 billion yuan. According to forecasts, the market was projected to increase to 155 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

October 2024

Region

China

Survey time period

2019 to 2023

Supplementary notes

*Estimate.

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

Values have been revised in the 2024 update.

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