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Analysis of China's motor industry market prospects
Time:2019-05-15 15:27 Share:

  Statistics from the national bureau of statistics show that in December 2004, China's motor manufacturing industry had 1,167 manufacturing enterprises with 388,282 employees and total assets of 97.2 billion yuan. In 2004, the total 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 and automobiles, the market demand for electric motors will also increase. It is estimated that by 2010, China's installed power generation capacity will reach about 660 million kilowatts, with an average annual installed capacity of 37 million kilowatts or more, an average annual growth rate of 7.8 percent. According to the analysis, the effective demand of large, medium and small ac motor products in the domestic market will maintain a stable growth.

  opportunities

  The motor product market demand is very broad, the three gorges project construction to speed up the development, the national "western power to the east" project and the western development for the industry to provide sufficient market space. 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, and China has unique advantages in developing motor manufacturing industry. State support for the motor industry will continue to strengthen; With the gradual enhancement of market awareness of domestic enterprises, the industry competitiveness will be constantly strengthened.

  The weak

  The overall manufacturing scale of the motor industry is small, and some products needed for large projects are also dependent on imports. The technical level of micromotor industry products is generally not high.

  risk

  The price competition of domestic electric machinery enterprises is fierce, and the industry development needs constant integration and improvement. The accelerated entry of foreign excellent enterprises will crowd out a certain share of the domestic market.