In 2008, the global sensor market capacity was 50.6 billion US dollars. Eastern Europe, Asia Pacific and Canada became the fastest growing regions in the sensor market, while the United States, Germany and Japan were still the regions with the largest distribution of the sensor market. The world's high-end sensor manufacturers such as Zhenshang Company began to enter the Chinese mainland and set up a technology development department. As far as the world is concerned, the fastest growing sensor market is still the automotive market, the second is the process control market, and the communication market is optimistic.

Some sensor markets such as pressure sensors, temperature sensors, flow sensors, level sensors have shown characteristics of mature markets. The market size of flow sensor, pressure sensor and temperature sensor is the largest, accounting for 21%, 19% and 14% of the total sensor market respectively. The main growth of the sensor market comes from emerging sensors such as wireless sensors, MEMS (Micro-Electro-Mechanical Systems) sensors, and biosensors. Among them, the compound annual growth rate of wireless sensors in 2007-2010 is expected to exceed 25%.

The global sensor market is showing rapid growth amid changing innovations. Relevant experts pointed out that the main technologies in the sensor field will be extended and improved on the existing basis, countries will compete to accelerate the development and industrialization of a new generation of sensors, and the competition will become increasingly fierce. In the field of high-end technology sensors, Zhenshangyou and other international sensor giants have also entered the domestic market and directly set up a technology research and development department in China. The development of new technologies will redefine the future sensor market, such as the emergence and market share expansion of new sensors such as wireless sensors, fiber optic sensors, smart sensors and metal oxide sensors