Jan 30, 2019 Leave a message

Motor Industry Market Size

Motor industry market size

A motor (commonly referred to as "motor") refers to an electromagnetic device that converts or transmits electrical energy in accordance with the law of electromagnetic induction. It is represented by the letter M (old standard D) in the circuit. Its main function is to generate drive torque as a power source for electrical appliances or various machines. The generator is indicated by the letter G in the circuit. Its main function is to use mechanical energy to convert into electrical energy. At present, the most common use is to use thermal energy, water energy, etc. to drive the generator rotor to generate electricity.

The statistics of the motor industry are carried out by the National Bureau of Statistics of the People's Republic of China, and the statistical caliber is the statistics of enterprises above designated size. Through the statistical methods such as measurement data, counting data and grade data, the development status of China's electric motors, the development of upstream and downstream industries, Statistical analysis of market supply and demand situation.

In terms of industry competition, there are many manufacturers in the domestic motor industry, and the market competition is mainly reflected in the technical content, price and production scale of the products. With the enforcement of the motor energy efficiency label, the emergence of the market's survival of the fittest and the further strengthening of the industry barriers, the price competition will gradually weaken.

With the increasing competition in the motor manufacturing industry, mergers and acquisitions and capital operations among large motor manufacturing companies are becoming more frequent. The leading motor manufacturers in the industry are paying more and more attention to the research of the industry market, especially the changes in customer demand trends. In-depth research, so a number of motor brands are emerging, will gradually become the leader in the motor manufacturing industry.

According to statistics from relevant departments, China's electric motor consumes about 60% of the country's electricity consumption, while small and medium-sized motors account for 75% of the country's motor power. If the efficiency of small and medium-sized motors is increased by one percentage point on average, one year can save electricity. More than 2 billion kWh. It can be seen that the energy saving potential of the motor is huge.


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