Value of smart sensor investments in China 2018-2022

Published by
Daniel Slotta,
Dec 4, 2024
In 2022, the value of investments in smart sensors in China amounted to almost 18 billion yuan. In the same year, 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.

Investment value in the smart sensor segment in China from 2018 to 2022 (in billion yuan)

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Release date

November 2023

Region

China

Survey time period

2018 to 2022

Supplementary notes

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

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