Analysis of the current situation and prospects of the global and Chinese industrial motor industry
With the gradual recovery of the global manufacturing industry, industrial technology is also developing rapidly. Under the current background of global energy conservation and carbon reduction, countries have successively introduced relevant policies for high efficiency and energy conservation to promote the transformation of industrial structure, and the industrial motor industry has achieved rapid growth. Beijing Research and Bizhi Information Consulting predicts that there is still plenty of room for the development of the global industrial motor industry.
Industrial motor refers to an electromagnetic device that realizes electric energy conversion or transmission according to the law of electromagnetic induction. Its main function is to generate driving torque, so that it can be used as a power source for electrical appliances or various machinery, and its proportion in the motor is relatively large.
The upstream link of the industrial motor industry chain is raw materials such as electrolytic copper and silicon steel, and various accessories such as bearings and coolers; the midstream link is the production and manufacturing of industrial motors; the downstream link is the application fields such as industry, electronic information, automobiles and home appliances.
At present, industrial motors are widely used in the world. At the same time, under the background of energy-saving and carbon-reducing development, countries have successively introduced relevant policies for high efficiency and energy saving, which has driven the rapid growth of the industrial motor industry. According to Beijing Yanjing Bizhi Information Consulting According to research statistics, by the end of 2020, the global industrial motor industry market size has reached 20.1 billion US dollars, an increase of 500 million US dollars compared with the same period in 2019, an increase of 2.6% year-on-year. %, according to the industry development, the market size of the global industrial motor industry will reach more than 22 billion yuan by 2025.
According to public data, from the perspective of market segments, AC industrial motors occupy an important market position and are the main type of motor products in the global industrial motor industry. In 2021, the market share will be 79%, a decrease of 5% compared with the same period last year. %, DC industrial motors accounted for 15%, an increase of 4% compared with the end of the previous year, and other types of industrial motor market segments accounted for 6%, an increase of 1% year-on-year.
From the perspective of the production side of the global industrial motor industry market, China, the United States and the European Union are the three largest production regions. Beijing Yanjing Bizhi calculates based on the industry scale of industrial motors in various regions of the world, and the three will each account for 32% in 2021. , 26% and 19% of the market share, and the sum of the scale of other regions is 23%. It is expected that the Asia-Pacific region led by China will continue to maintain a relatively high growth rate in the future, and the market share will reach more than 40% by 2025 , the fastest growing region.
From the perspective of representative companies in the global industrial motor industry, the core manufacturers mainly include Siemens, Toshiba, and ABB Group. In 2021, the three will occupy about 46.2% of the market share, accounting for 23.2%, 12.8% and 10.2% respectively, followed by Companies such as Nidec, Rockwell Automation, and AMETEK followed with a total market share of 21.4% during the same period. In terms of specific companies, they accounted for 9.8%, 7.6%, and 4% respectively.