电机行业产业链的上游主要由原材料及关键零部件供应商构成，为电机制造提供基础物料和核心部件支持。电机行业产业链的中游为电机制造商，是产业链中技术集成度最高、价值创造最集中的环节。中游企业通常负责电机的电磁设计、结构设计、热管理设计、控制适配以及整机制造与测试，并逐步向系统化、模块化方向演进。电机行业产业链的下游为各类应用行业，覆盖范围极为广泛，包括新能源商用车、非道路移动机械、风电、工业高效、轨道交通、人形机器人、低空飞行器、高速制冷压缩机等。
中国电机市场规模在2021年至2025年间以8.1%的年复合增长率增长，至2025年达到12,421.5亿元。市场驱动因素主要包括新能源汽车等下游产业的爆发式增长、工业自动化与智能制造的升级，以及国家“双碳”战略的持续推进、能效标准的持续升级。预计中国电机市场规模将在2025年至2030年间以7.5%的年复合增长率增长。
The upstream segment of the motor industry chain primarily consists of raw material and key component suppliers, which provide basic materials and core component support for motor manufacturing. The midstream segment comprises motor manufacturers, which represent the link with the highest technological integration and the most concentrated value creation in the industry chain. Midstream enterprises are typically responsible for electromagnetic design, structural design, thermal management design, control adaptation, as well as complete motor manufacturing and testing. They are gradually evolving towards systematization and modularization. The downstream segment covers a wide range of application industries, including new energy commercial vehicles, off-highway machinery, wind power, industrial high-efficiency, rail transit, humanoid robots, low-altitude aircraft, high-speed refrigeration compressors, and others.
The motor market size in China grew at a CAGR of 8.1% from 2021 to 2025, reaching RMB 1,242.15 billion by 2025. Key market drivers include the explosive growth of downstream industries such as new energy vehicles, the upgrading of industrial automation and smart manufacturing, the continued advancement of the national “dual carbon” strategy, and the ongoing enhancement of energy efficiency standards. The motor market size in China is expected to grow at a CAGR of 7.5% from 2025 to 2030.
