1. What is IIoT?
IIoT stands for Industrial Internet of Things. Industrial Internet of Things is the integration of various acquisition and control sensors or controllers with perception and monitoring capabilities, as well as mobile communications, intelligent analysis and other technologies into all aspects of the industrial production process, thereby greatly improving manufacturing efficiency, improving product quality, reducing product costs and resource consumption, and ultimately achieving a new stage of upgrading traditional industries to intelligence. In terms of application form, the application of Industrial Internet of Things has the characteristics of real-time, automation, embedded (software), security, and information interoperability.
2. The relationship between industrial sensors and IIoT
Without sensors to measure important production parameters such as pressure, position, temperature, etc., the Industrial Internet of Things (IIoT) will not work. Therefore, it is understandable that the sensor market is taking off now when IIoT and consumer IoT applications are growing. And the continuous innovation of sensor technology will expand the expansion capacity of the Internet of Things.
There are more sensors in the automotive industry (self-driving cars create huge demand) and medical applications (health monitoring and medical diagnosis are key), but far less than the large demand in the industrial field, accounting for more than one-third of the sensor market.
3. The share of industrial sensors in the sensor terminal market
IIoT will stimulate huge demand for sensors. According to reports, industrial data is expected to double in the next 10 years. Given the expertise of industrial participants, IIoT technology should have higher profit growth opportunities.
As a relatively mature terminal market, industrial applications focus more on high-end rather than mass production. Sensors used in harsh environments need to meet the requirements 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 production efficiency.
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 markets and have always been at the forefront of the IIoT market. As more and more computing and value are transferred to the edge of IIoT, such key sensor and actuator companies are becoming increasingly important for realizing smart factories. This is undoubtedly good news for sensor manufacturers.
4. Professional industrial sensor manufacturer
Xi'an AtechSensor Co., Ltd. is a high-tech enterprise integrating R&D, production and sales of sensors, IoT systems and other products. We will uphold the corporate mission of "integrating high-tech and contributing to the development of industrial automation in my country", aim at the forefront of global sensor technology and IoT technology development, promote the industrialization of sensors, and strive to be a pioneer, innovator and leader in the field of sensors. Welcome to call us for consultation and cooperation!
