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Market prospect of China's motor industry
Time:2018-08-22 17:07 Share:

  Statistics from the national bureau of statistics show that in December 2004, China's motor manufacturing industry had 1,167 enterprises, with 388,282 employees, and total assets of nearly 97.2 billion yuan. In 2004, the total industrial output value of the motor industry was 99.3 billion yuan, the product sales revenue was 93.8 billion yuan, and the total profit was 4.91 billion yuan. At present, China's production of micro - special motor has accounted for more than 60% of the world motor market.

  prospects

  With the continuous improvement of production modernization and people's increasing consumption of household appliances and automobiles, the demand for electric motors in the market will be greater and greater. It is estimated that the installed power generating capacity will reach about 660 million kw by 2010, with an average annual generating capacity of over 37 million kw and an average annual growth rate of about 7.8 percent. The demand of electric motor is directly proportional to the demand of power generation equipment (1:3.51). Based on this analysis, the effective demand of large and medium sized ac motor products in the domestic market will maintain stable growth.

  opportunities

  The market demand for electrical products is very broad, the construction of the three gorges project has been accelerated, and the promotion of the "western power transmission project to the east" and the development of the western region have provided sufficient market space for the industry. As the medium and small sized motors are labor-intensive and material intensive products, the developed countries stopped producing the general motors several years ago and turned to foreign procurement or licensing processing, thus providing a good opportunity for the export of the medium and small sized motors in China.

  advantage

  The motor industry is a labor-intensive industry, and the motor manufacturing industry in China has a unique advantage. National support for the motor industry will continue to strengthen; With the increasing market awareness of domestic enterprises, the industry competitiveness will be strengthened.

  The weak

  The overall manufacturing scale of the motor industry is relatively small, and some products required by large projects still depend on imports. The technical level of micro motor industry products is generally not high.

  risk

  The domestic electric motor industry enterprise's price competition is intense, the industry development also needs unceasing conformity and the enhancement. The accelerated entry of foreign excellent enterprises will occupy a certain share of the domestic market.