Participants have to innovate strategies to stay afloat in the intensely competitive market, which includes not only large international companies but numerous small-scale Chinese manufacturers as well. To remain relevant, sensor manufacturers are striving to improve their products' quality, flexibility, reliability, and compatibility in extreme environmental conditions.
"Technology innovations such as wireless will also be vital for growth," noted Jia. "Local and international companies need to collaborate continuously and invest in manufacturing factories and R&D activities to enhance technologies and eventually, prompt higher adoption of sensors."
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