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].

Core Insights - Magnetic sensors are identified as core components in the intelligent perception layer, benefiting from the growth in robotics, automotive electronics, and the recovery of demand in new energy, industrial control, and consumer electronics sectors [1][2] Market Overview - The global magnetic sensor market was valued at $2.9 billion in 2023 and is projected to grow to $3.7 billion by 2029, with a CAGR of 4%. The primary application markets include automotive electronics, industrial, and consumer electronics [2] - Hall effect sensors are expected to dominate the market with a 64% share in 2024, while magnetoresistive sensors (AMR/GMR/TMR) are gaining traction due to their high precision and low power consumption [2] Emerging Applications - In the robotics sector, high-precision magnetic sensors are crucial for industrial automation and humanoid robots, exemplified by Tesla's Optimus Gen-3 [3] - In automotive electronics, the number of magnetic sensors per vehicle is projected to increase from 30-50 in traditional vehicles to 80-100 in hybrid and electric vehicles, driven by the rise of electric vehicles and ADAS features [3] - The new energy sector is seeing increased demand for TMR sensors due to higher precision requirements in photovoltaic inverters [3] - In industrial control, the penetration of magnetic sensors is expected to rise steadily due to the convergence of inventory cycles and Industry 4.0 upgrades [3] - In consumer electronics, government subsidies and AI hardware innovations are stimulating demand for magnetic sensors in high-value applications like AI glasses and wearable devices [3] Competitive Landscape - The magnetic sensor market is highly concentrated, with the top five global manufacturers holding over 70% market share, including Allegro, Infineon, and Melexis [4] - The domestic market in China has a low localization rate of 25% for magnetic sensor chips, indicating significant room for domestic manufacturers to grow [4] - Companies like Naxin Micro are actively pursuing technological advancements and market share, with plans to launch new AMR-based speed sensors and expand through acquisitions [4]