The development of the motor industry has promoted the progress of the motor winding equipment industry, and the market requirements for motor performance in different periods have promoted the innovation of motor winding equipment. The development process of motor winding equipment is also a process of gradually replacing manual operation and finally completing automated production. At the same time, the improvement of motor winding equipment technology has also promoted the development of the motor industry, and then promoted the improvement of the industrial automation level of the entire society.

Third, the industry market development status

1. Market size

IC694MDL660  The development of the motor winding equipment industry mainly lies in the market demand brought about by the rapid development of downstream household appliances, industrial motors, new energy vehicles and other industries. Economic development to promote the motor demand continues to increase, energy conservation and environmental protection requires the upgrading of motor products, in this context, motor manufacturing enterprises rapid expansion of production capacity, to promote the motor winding equipment industry to increase supply and technology improvement, coupled with the existing motor production enterprises production mode conversion and equipment transformation needs, led to the continuous growth of motor winding equipment market capacity. In 2022, China’s motor winding equipment market size is 6.791 billion yuan, and it is expected that the domestic motor winding equipment market size will reach 7.590 billion yuan in 2023, as follows:

2. Availability

IC694MDL660  The supply capacity of China’s motor winding equipment has been continuously improved, and the stimulation of emerging industries such as new energy vehicles has further promoted the development of the motor winding equipment industry. In 2023, the output of China’s motor winding equipment industry is about 13,400 units.

3. Demand situation

With the growing maturity of various emerging industries, China’s motor industry has made considerable progress, which has led to the continuous prosperity of the industrial chain, including motor winding equipment, in 2023, China’s motor winding equipment sales of about 12,800 units.

IC694MDL660

Fourth, industry segmentation market

1, super efficient motor

Ultra-efficient motors are widely used in fans, pumps, compressors,IC694MDL660   transport machines, mixers, printing presses, agricultural machinery, packaging machines and other equipment, as well as petroleum, chemical, pharmaceutical, mining and other harsh occasions as power. In recent years, the sustained and rapid development of the domestic economy on the demand for ultra-efficient motors on the motor winding equipment industry is obvious. The technological transformation of domestic ultra-efficient motor manufacturing enterprises and the improvement of motor production year by year, there is a great market demand for whether it is automated, semi-automated stand-alone products, or the whole line of fully automated production lines. With the development of downstream industries, China’s motor winding equipment industry in the field of ultra-efficient motor market size to maintain steady growth, 2019-2020 market size from 1.152 billion yuan to 1.747 billion yuan, is expected to 2023 market size is expected to reach 1.953 billion yuan.

2. Motor for cars

The field of automotive motors is one of the most important market segments in the motor winding equipment industry. In recent years, the rapid development of the new energy vehicle industry has led to the growth of the demand for new energy vehicle drive motors, motor winding equipment has broad development prospects in the field of new energy vehicle drive motors, and the industry market size has maintained rapid growth. The market size in 2019-2022 increased from 1.29 billion yuan to 2.287 billion yuan. With the continuous development of the new energy vehicle industry, the industry market size is expected to reach 2.68 billion yuan in 2023.

3. Electric motors for home appliances

China is a global home appliance manufacturing country, home appliance manufacturers have a huge demand for micro motors, which has led to the development of motor winding manufacturing equipment industry. In the short term, in recent years. With the economic growth slowdown, real estate and other factors, the growth rate of the home appliance industry has slowed down. In the long run, the home appliance industry is still facing huge development opportunities. The growth of domestic demand, the development opportunities of globalization, and the further improvement of industry concentration are still important driving forces supporting the growth of household appliance consumption.

From the perspective of market size, in recent years, China’s motor winding equipment industry still maintains a growth trend in the field of home appliances, and the market size will reach 2.051 billion yuan in 2022, and it is expected that with the gradual recovery of the economy, the market size is expected to grow to 2.286 billion yuan in 2023.