Company news about The Domestic Magnetic Application Equipment Market is Steadily Expanding, Driven by Dual Demands from New Energy and Ind
The Domestic Magnetic Application Equipment Market is Steadily Expanding, Driven by Dual Demands from New Energy and Ind
2026-04-27
In recent years, China's magnetic application equipment market has maintained a steady growth trend, with products covering magnetic separators, magnetic lifters, magnetic stirrers, and magnetic components, which are widely used in core fields such as metallurgy, mining, electric power, new energy, and electronic information. According to relevant industry data, the market scale is expected to grow from about 58 billion yuan in 2025 to 92 billion yuan in 2030, with a compound annual growth rate of 9.7%. The upgrading of the manufacturing industry and the energy transition under the "dual carbon" strategy have become the core growth drivers. In the industrial sector, there is strong demand for high-precision magnetic separation, intelligent iron removal, and permanent magnet lifting equipment, which effectively help enterprises improve separation efficiency, reduce production losses, and ensure production safety. The new energy sector has shown particularly prominent growth; the demand for magnetic components used in wind power direct-drive permanent magnet generators, new energy vehicle drive systems, and energy storage converters has risen rapidly, directly driving the iteration and capacity expansion of supporting magnetic application equipment. At present, domestic enterprises, relying on their complete industrial chain supporting capabilities and cost advantages, dominate the mid-to-low-end market, while accelerating their expansion into the high-end equipment and system solutions fields. The Yangtze River Delta and Pearl River Delta regions gather most of the country's manufacturing enterprises, forming industrial clusters with distinct characteristics. With the advancement of the "Intelligent Manufacturing" strategy, the industry is gradually upgrading towards intelligence, energy conservation, and integration, with sustained release of market potential.