Statistics from the national bureau of statistics show that in December 2004, there were 1,167 motor manufacturing enterprises in China, with 388,282 employees and assets totaling nearly 97.2 billion yuan. In 2004, the total industrial output value of the motor industry was 99.3 billion yuan, the sales revenue was 93.8 billion yuan, and the total profit was 4.91 billion yuan. At present, China's production of micro-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, cars and other consumer goods, the market will be more and more demand for motors. It is estimated that by 2010, China's installed power generation capacity will reach about 660 million kw, with an average annual production capacity of 37 million kw or more, an annual growth rate of about 7.8%. And the motor demand and power generation equipment demand is a direct proportion of 1:3.51, according to the analysis, large, small and medium-sized ac motor products in the domestic market effective demand will maintain a stable growth.
opportunities
The motor product market demand is very broad, the three gorges project construction speeds up the development, the national "west electricity to east" project advancement and the west big development has provided the sufficient market space for the industry. As small and medium-sized motors are labor-intensive and material-intensive products, developed countries stopped producing general-purpose ac motors a few years ago and turned to foreign procurement or OEM processing, thus providing a good opportunity for the export of small and medium-sized motors in China.
advantage
Motor industry is labor-intensive industry, China's development of motor manufacturing industry has unique advantages; The state will continue to strengthen support for the motor industry; With the gradual enhancement of market awareness of domestic enterprises, the competitiveness of the industry will be constantly strengthened.
The weak
The overall manufacturing scale of the motor industry is relatively small, and some products required by large projects are also dependent on imports. The technical level of micromotor industry products is generally not high.
risk
The price competition of domestic motor industry enterprises is fierce, and the development of the industry still needs continuous integration and improvement. The accelerated entry of foreign excellent enterprises will crowd out a certain share of the domestic market.