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China's motor industry development status and market prospect analysis in 2020
Release date: 2020/1/7 14:49:41

The motor is the source of power in the industrial field. Through the interaction of electricity and magnetism, the conversion between electrical energy and kinetic energy is realized. The motor in the narrow sense mainly refers to the motor, which can include the motor and the generator in a broad sense.

1. The recovery of downstream industries, the price of high-voltage motors rebounded

High-voltage motor (rated voltage above 1000V) products are mainly used in petrochemical, coal, coal chemical, metallurgy, electric power, oil and gas, military, nuclear power and other fields, of which the oil and gas industry is the most used. In 2016, due to the continued sluggish demand for equipment manufacturing and the decline in prices, oil and gas mining, coal, metallurgy and other industries contracted, and the high-voltage motor industry was fiercely competitive, resulting in successive declines in high-voltage motor terminal prices from 2016 to 2017. In 2017-2018, benefiting from the recovery of many downstream industries such as oil and gas, coal, and steel, the demand for manufacturing equipment increased, and the terminal price of high-voltage motors rebounded. In 2019, the price of high-voltage motor terminals has dropped slightly.

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2. The boom of the small and medium-sized motor industry

According to the report "Economic Operation of China's Small and Medium-sized Motor Industry in 2018 and Work Highlights in 2019" released by the Small and Medium-sized Motor Branch, 63 enterprises completed the total industrial output value of 58.44 billion yuan in 2018, an increase of 2.965 billion yuan from the previous year, an increase of 5.3 %; product sales revenue reached 64.352 billion yuan, an increase of 1.657 billion yuan or 2.6% over the previous year; the industry realized a profit of 1.184 billion yuan, a decrease of 2.0 billion yuan or 62.8% over the previous year. In the first quarter of 2019: total industrial output value of 12.40 billion yuan, an increase of 7.5% year-on-year; sales revenue of 13.49 billion yuan, an increase of 9.9% year-on-year; total profit of 490 million yuan, an increase of 170 million yuan, an increase of 53.6%.

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According to the statistics of the small and medium-sized motor branch: the total output of small AC motors in the first quarter of 2019 was 43.523 million kilowatts, a year-on-year increase of 1.943 million kilowatts, an increase of 4.7%, of which: the output of small AC motors was 29.209 million kilowatts, an increase of 1.5% year-on-year, of which permanent magnet motors The output was 883,000 kilowatts, a year-on-year increase of 3.8%; the output of large and medium-sized AC motors was 12.314 million kilowatts, a year-on-year increase of 1.548 million kilowatts, an increase of 14.4% (high-voltage motor output was 8.985 million kilowatts, a year-on-year increase of 1.318 million kilowatts, an increase of 17.3%); general AC power generation The output of the machine was 1.169 million kilowatts, a year-on-year increase of 13.5%; the output of DC motors was 831,000 kilowatts, a year-on-year decrease of 167,000 kilowatts, a decrease of 16.7%.

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3. The output growth rate of Weite Motor declined

As a core component for converting electrical energy into kinetic energy, micro special motors are widely used in many fields such as household appliances, office automation, security supervision, medical equipment, industrial automation and robots. At present, my country has been able to achieve large-scale and large-scale production of micro motors in 25 categories, 60 series, and more than 5,000 specifications. China has become a major producer and exporter of micro motors in the world. In 2018, my country's micro special motor output reached 13.2 billion units, and the Prospective Industry Research Institute estimated that my country's micro special motor output reached 13.6 billion units in 2019, an increase of about 3% year-on-year.

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5. Future market prospects: downstream demand is still very strong

The motor occupies a pivotal position in the global industrial automation market, and is widely used in metallurgy, power, petrochemical, coal, mining, building materials, papermaking, municipal administration, water conservancy, shipbuilding, port handling and other fields. Prospective Industry Research Institute summarized the favorable factors of the future motor industry market as follows:

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The above data comes from the "Forecast of China's Micro Motor Manufacturing Industry Market Demand Forecast and Investment Strategic Planning Analysis Report" of the Foresight Industry Research Institute. At the same time, the Foresight Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment attraction, solution.


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