Liquid Metal Electromagnetic Pump Industry Data Analysis by Qy Research


Published: 2022-02-18


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The Chinese liquid metal electromagnetic pump market is dominated by a few Chinese companies, especially in the field of induction electromagnetic pumps. In this field, the main players are Shijiazhuang Cidu Electric Company, Shijiazhuang Ideal Electric, and Pesmit. At present, the market is dominated by induction electromagnetic pumps, and domestic companies are generally less in the field of conduction electromagnetic pumps.


The market value of liquid metal electromagnetic pumps in China in 2020 is 2887.48 thousand US dollars, and will reach 7553.2 thousand US dollars by the end of 2027, with a CAGR of 10.9% from 2021 to 2027.


For the liquid metal electromagnetic pump market, product differentiation is relatively large, and enterprises generally have customized production, the market demand is not very large, and the delivery time is long. In the future, under the premise of the continuous advancement of nuclear industry and metallurgical industry technology, it is expected to drive the demand for high-quality, high-efficiency liquid metal electromagnetic pumps.



Influence of upstream and downstream industries on the liquid metal electromagnetic pump industry

Upstream Industry In 2020, China ranked first in global crude steel production, with an output of 1,064.8 million tons, followed by India with 100.3 million tons. Compared with 2019, China's crude steel output increased by 6.97% year-on-year. In recent years, the steel industry has resolutely eliminated outdated production capacity, and the capacity utilization rate has been maintained at a high level.

In the first half of this year, driven by the simultaneous economic recovery at home and abroad, the production and demand of the national steel market were booming, which stimulated the price (USD/set) to rise sharply, and the profitability of steel enterprises improved significantly, which will have a positive impact on the midstream related industries. Influence.

The transformation and upgrading of the iron and steel industry is conducive to deepening the supply-side structural reform of the metallurgical industry and realizing innovation-driven, low-carbon and green development.


Downstream industry nuclear power generation in 2020 will be 366.24 billion kWh, accounting for only 4.9% of the power generation, which means that nuclear power will have greater room for growth in the future.

China's nuclear power equipment industry will show a trend of internationalization. The goal of independence has been basically completed, and it has independent intellectual property rights for nuclear power equipment. It has a comparative advantage in economy and has the strength to compete in the international business market.



Impact of COVID-19 Outbreak on Liquid Metal Electromagnetic Pump Industry

The first is the huge impact on the upstream steel industry. All steel-using industries in China have been severely affected by the Covid-19 outbreak, with the construction industry being the worst hit, with construction on almost all construction projects stalled since January 2020. According to the data from the National Bureau of Statistics, all steel-using industries suffered serious losses, including: GDP fell by 6.8%, infrastructure investment fell by 19.7%, general machinery fell by 17.2%, automobile production fell by 44.6%, and ship deliveries fell by 28.5%. In addition, due to the shutdown of midstream enterprises, liquid metal electromagnetic pump manufacturers have a long delivery period and low demand, and their willingness to manufacture complex products will relatively decline.



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