Current situation of micro motor market.
The world economy is constantly developing, and people's living standards are constantly improving. As an indispensable basic electromechanical product, micro motors have both low, mid-range, and low investment labor-intensive products, as well as high investment technology intensive products that combine advanced manufacturing technology, emerging electronic technology, and new material technology applications, and have been integrated into the globalization of production and sales.
In 2000, the global market for micro motors exceeded 6.5 billion units, mainly distributed in the fields of audiovisual, office automation, electric vehicles (including automobiles), home appliances, and air conditioning. Table 1 presents the distribution of the global micro motor market in 2000 and Japan's market share (it should be noted that a significant portion of Japan's mid to low end micro motors have been transferred to mainland China for production). With the improvement of people's living standards, the micro motor market is rapidly developing. Usually, the number of micro motors owned by each household can measure the level of modernization of a country. Table 2 shows the historical situation and future growth trend of the increasing number of micro motors owned by each household in developed countries such as Japan. Its market demand is developing rapidly and it contains a huge market.
