Core Insights - The current Chinese magnetometer industry exhibits three main characteristics: mature traditional technology, breakthroughs in quantum technology, and differentiated market demand, leading to a synergistic effect of technological iteration and industrial upgrading [1][9]. Industry Overview - Magnetometers, also known as magnetic field meters or gaussmeters, are instruments used to measure the strength, direction, and distribution of magnetic fields, with core functions based on magnetic induction intensity measurement [2]. - There are two main types of magnetometers: scalar magnetometers, which measure only the magnitude of the magnetic field, and vector magnetometers, which measure both magnitude and direction [3]. Market Size - The market size of the Chinese magnetometer industry is projected to reach approximately 7.536 billion yuan in 2024, representing a year-on-year growth of 10.61% [1][9]. Industry Chain - The upstream of the magnetometer industry chain includes raw materials such as rare earth permanent magnetic materials, chips, superconducting materials, and various components [6]. - China’s rare earth production is expected to reach 270,000 tons in 2024, with a year-on-year increase of 12.50%, ensuring stable raw material supply for magnetometer production [6]. Key Enterprises - Leading companies in the Chinese magnetometer sector include Guodian Quantum, which focuses on quantum computing equipment and has delivered over 1,000 high-end instruments globally [10]. - Hefei Moce Technology Co., established in 2021, has developed the QTFM-Mozi series of quantum magnetometers, which can detect weak magnetic signals and are used in various applications including geological exploration and medical diagnostics [12]. Industry Development Trends 1. Quantum magnetometer technology innovations are expected to deepen high-end applications in fields such as biophysics and deep resource exploration, with products like the QTFM-Mozi series achieving significant size and power consumption reductions [16]. 2. Market demand is diversifying, with significant growth in consumer electronics and strategic upgrades in sectors like new energy and defense, driving the need for customized products [17]. 3. The entire industry chain is evolving towards collaborative development, with upstream material supply, midstream manufacturing automation, and expanding downstream applications in emerging fields [18].