The statistics of the National Bureau of statistics show that in December 2004, there were 1167 manufacturing enterprises in the motor manufacturing industry in China, with a total of 388282 employees and a total of close to 97 billion 200 million yuan. In 2004, the total industrial output value of the motor industry was 99 billion 300 million yuan, the sales revenue of products was 93 billion 800 million yuan, and the total profit was 4 billion 910 million yuan. At present, China's production of micro motor has accounted for more than 60% of the world's motor market.
prospect
With the continuous improvement of production modernization and the increasing consumption of household appliances and automobiles, the market demand for motor will also increase. It is expected that by 2010, the capacity of power generation installed in China will reach about 660 million kilowatts, with an average annual capacity of 37 million kilowatts and more than 7.8% per year. And the demand of electric motor and the demand of power generation equipment are 1: 3.51 positive ratio. According to this analysis, the effective demand of large, medium and small sized AC motor products in the domestic market will keep steady growth.
Opportunity
The demand of motor product market is very wide. The acceleration of the construction of the Three Gorges project, the promotion of the national "west to East" project and the development of the West provide sufficient market space for the industry. Because the small and medium motors are labor-intensive and material intensive products, the developed countries no longer produce general type AC motors a few years ago, and turn to foreign purchase or fixed brand processing, thus providing a good opportunity for the export of small and medium motors in our country.
advantage
The motor industry is a labor-intensive industry, the development of the motor manufacturing industry in China has a unique advantage; the support of the state to the motor industry will be continuously strengthened; with the gradual enhancement of the market consciousness of domestic enterprises, the competitiveness of the industry will be continuously strengthened.
Disadvantaged
The overall manufacturing scale of the motor industry is relatively small, and the products required for some large projects are also dependent on imports; the technical level of the products in the micro motor industry is generally not high.
risk
The price competition of the domestic motor industry is fierce, and the development of the industry needs continuous integration and improvement. The accelerated entry of foreign excellent enterprises will occupy a certain share of the domestic market.