IIoT sensors will have a huge market demand in the next 10 years
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Author:lytrannet
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Published time: 2019-06-02
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IIoT is the industrial Internet of things. The industrial Internet of things is to integrate all kinds of acquisition, control sensors or controllers with sensing and monitoring capabilities, mobile communication, intelligent analysis and other technologies into all aspects of industrial production process, so as to greatly improve manufacturing efficiency, improve product quality, reduce product costs and resource consumption, and ultimately to upgrade traditional industries to intelligent ones. New stage. From the application form, the application of industrial Internet of Things has the characteristics of real-time, automation, embedded (software), security, and information interconnection.
1. What is IIoT?
IIoT is the industrial Internet of things. The industrial Internet of things is to integrate all kinds of acquisition, control sensors or controllers with sensing and monitoring capabilities, mobile communication, intelligent analysis and other technologies into all aspects of industrial production process, so as to greatly improve manufacturing efficiency, improve product quality, reduce product costs and resource consumption, and ultimately to upgrade traditional industries to intelligent ones. New stage. From the application form, the application of industrial Internet of Things has the characteristics of real-time, automation, embedded (software), security, and information interconnection.
2. The relationship between industrial sensors and IIoT
Without sensors to measure pressure, location, temperature and other important production parameters, the Industrial Internet of Things (IIoT) will not play any role. It is understandable that the sensor market is taking off as IIoT and consumer Internet of Things applications continue to grow. The continuous innovation of sensor technology will expand the expansion capacity of the Internet of Things.
In the automotive industry (auto driving vehicle creates huge demand) and medical applications (health monitoring and medical diagnosis are the key), there are more sensors, but far less than industrial demand, accounting for more than 1/3 of the sensor market.
3. The proportion of industrial sensors in sensor terminal market
IIoT will stimulate tremendous demand for sensors. Some reports indicate that industrial data are expected to double in the next 10 years. In view of the industry's participation in the enterprise's professional knowledge, IIoT technology should be able to obtain higher profit growth opportunities.
As a mature terminal market, industrial applications pay more attention to high-end rather than mass production. Sensors used in harsh environments need to meet the needs of high reliability, high precision and miniaturization. As machine-to-machine (M2M) communications become more complex, sensors are helping to achieve predictive maintenance, asset monitoring and data analysis to improve productivity.
It is reported that large industrial automation companies are not the only entities competing for the IIoT market. Sensor and actuator suppliers have long served the industrial automation and monitoring market, and have been on the front line of the IIoT market. As more and more computing and value move to the edge of IIoT, these key sensor and actuator companies become increasingly important for the realization of smart factories. This is undoubtedly good news for sensor manufacturers.