Feasibility Study Report: Micro Motor Market Analysis and Prospect Forecast
Published Date: Thursday,09 Feb,2023
The micro-motor industry emerged and developed in Germany, Switzerland, Japan and other countries. my country's micro-motor industry started in the late 1950s. At first, it was mainly to meet the needs of national defense weapons and equipment. It has experienced imitation, self-design, research and development, and technology introduction.
In the stage of large-scale production, years of development have formed a complete industrial system of product development, large-scale production and key components, key materials, special manufacturing equipment, and special testing instruments. It has modern large-scale production capabilities and meets the needs of all walks of life. . At present, my country's micro and special motor manufacturing industry has made great progress, especially in the three major regions of the Yangtze River Delta, Pearl River Delta, and Bohai Bay.
An important production base and export base for micro and special motors has been formed. in our country. According to the data, in 2014, the output of micro and special motors in my country exceeded 10 billion units. Under the development of new technologies, the output of micro and special motors showed a growth trend. In 2020, the output of micro and special motors in my country reached 13.9 billion units, accounting for 73.9% of the global output of micro and special motors. .
With the advancement of micro-motor production and the growth of market demand, the market size of my country's micro-motor industry continues to grow rapidly. In 2020, the market size of my country's micro and special motors will be 242.3 billion yuan, a year-on-year increase of 7.1%, and the CAGR will reach 13.1% from 2014 to 2021.
With the gradual saturation of the market in traditional application fields, the main growth drivers of micro motors will switch to new energy vehicles, industrial control and other fields. At the same time, micro and special motors will further develop in the direction of small size, light weight, high efficiency, high torque, low vibration, low noise, high reliability, low price, and long life.
For more detailed analysis of the industry, you can click to view the Global Micro Special Motor Market Consulting Report . The report conducts specific investigation, research, and analysis on various factors related to the industry to gain insight into the future development direction of the industry, the evolution trend of the industry's competitive landscape, technical standards, market size, potential problems, and crux of the industry's development, and evaluates the investment value and effect of the industry The degree of benefit, put forward constructive suggestions, and provide reference for industry investment decision makers and business operators.
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