In terms of the comprehensive strength of domestic pressure sensor companies, there are several deficiencies in the industries in China's industry:
(1) The labor productivity of the company is low. Because the pressure sensor industry is a high-tech industry, the role of the low labor force is not obvious. In addition, the management level of domestic enterprises is generally lower than that of international companies. Therefore, enterprises producing high-tech products have far lower labor productivity than foreign companies.
(2) There is a general shortage of investment in corporate technology development. Since almost all enterprises in the pressure sensor industry in China are small and medium-sized enterprises, neither sufficient human resources nor financial resources can support sufficient long-term investment in technological innovation. Therefore, the investment in product R&D is slightly insufficient. At present, in terms of the global pressure sensor industry, average product R&D investment accounts for 10% of sales, while China only accounts for 3%.
(3) The scale of the industry is small, and the total output value of the pressure sensor industry in China is relatively low. At present, the vast majority of enterprises in China's pressure sensor industry are small and medium-sized enterprises, and there is a lack of "flagship" companies with comprehensive strength in the industry. The single product market of domestic enterprises has strong operational power but lacks comprehensive strength; at the same time, it can compete with foreign multinational groups in the market in terms of manpower and financial resources. Therefore, it is in a weak position in market competition.
(1) The labor productivity of the company is low. Because the pressure sensor industry is a high-tech industry, the role of the low labor force is not obvious. In addition, the management level of domestic enterprises is generally lower than that of international companies. Therefore, enterprises producing high-tech products have far lower labor productivity than foreign companies.
(2) There is a general shortage of investment in corporate technology development. Since almost all enterprises in the pressure sensor industry in China are small and medium-sized enterprises, neither sufficient human resources nor financial resources can support sufficient long-term investment in technological innovation. Therefore, the investment in product R&D is slightly insufficient. At present, in terms of the global pressure sensor industry, average product R&D investment accounts for 10% of sales, while China only accounts for 3%.
(3) The scale of the industry is small, and the total output value of the pressure sensor industry in China is relatively low. At present, the vast majority of enterprises in China's pressure sensor industry are small and medium-sized enterprises, and there is a lack of "flagship" companies with comprehensive strength in the industry. The single product market of domestic enterprises has strong operational power but lacks comprehensive strength; at the same time, it can compete with foreign multinational groups in the market in terms of manpower and financial resources. Therefore, it is in a weak position in market competition.
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