Dallas, Texas (PRWEB) April 14, 2013
Global economic informatization drives the industrialization, and also stimulates the rapid development of industrial automation, office automation, household automation, agricultural modernization and military facility modernization. As an important actuating element or basic drive component of this industry system, micro motor will own larger demand volume along with the enhancement of automation and intelligent degree. According to incomplete statistics, the global micro motor output has exceeded 13 billion sets in 2012.
By virtue of abundant micro motor manufacturing experience and key process technologies, the well-known brands in Japan, Germany, the United States, Britain, Switzerland, Sweden and other countries still affect the development of global micro motor industry and also control most of high-end, precision and new micro motor technologies and products. In particular, Japan’s products can represent world’s advanced level by virtue of precision processing technologies, and also lead the development of high-end precision micro motor industry.
China has become the world’s largest micro motor manufacturing country, and the output accounts for more than 70% of global total output. This industry mainly concentrated in China’s eastern coastal areas; Yangtze River Delta, Pearl River Delta and Bohai Bay have developed into China’s three major micro motor manufacturing bases. The eastern areas also own powerful supporting ability in the fields of micro motor key parts, raw materials and dedicated devices. In recent years, with the continuous increase of labor costs and business costs in eastern coastal areas, as well as policy support in central and western regions, some enterprises consider a gradual transfer to the central and western regions. As of 2012, there were 859 micro motor manufacturers with above designated scale; the market scale was more than CNY 190 billion, and the profit reached CNY 13.3 billion.
As the largest automobile manufacturing and consumption country, China’s automobile industry will keep the compound growth rate of 10% to 15% in the next five to ten years; and with the further development of automotive electronization, the capacity growth rate of automotive micro motor market will maintain at more than 15% for a long period.
In addition to automobile industry, the demand for micro motor in the fields of household appliances, cosmetics, aerospace, industrial machinery, magnetic materials and many other related industries, as well as mobile phones, Internet of Things, cloud computing and some other emerging areas is steadily on the increase; China’s micro motor market is ushering in a flourishing period. At present, the average micro motor quantity in each family in China’s major cities is only 20 to 40 units, which is much lower than 80 to 130 units in developed countries; therefore, China’s micro motor market will show vigorous demand for a long time. It is estimated that China’s micro motor output will reach 22.1 billion units by 2017, which will account for 80% of the global market share.
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“China micro-motor and other motor manufacturing industry, 2013 - http://www.reportsnreports.com/reports/220797-china-micro-motor-and-other-motor-manufacturing-industry-2013.html ” is valuable for anyone who wants to invest in the micro-motor and other motor manufacturing industry, to get Chinese investments; to import into China or export from China, to build factories and take advantage of lower costs in China, to partner with one of the key Chinese corporations, to get market shares as China is boosting its domestic needs; to forecast the future of the world economy as China is leading the way; or to compete in the segment. The report provides the whole set of the industry data, in-depth analysis and detailed insight into the micro-motor and other motor manufacturing industry, market drivers, key enterprises and their strategies, as well as technologies and investment status, risks and trends.
Data sources: Governmental statistics organizations, market research (monitoring) centers, industry associations and institutions, import and export statistics organizations, and others.
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