Analysis of the Future Prospects of the Permanent Magnet Motor Industry in the Next 5 Years

Permanent magnet motors are now regarded as energy-saving power devices, and the research and production of permanent magnet motor products has enormous social and economic benefits. Permanent magnet motors can achieve the goal of energy conservation. It can be said that the development of permanent magnet motors is in line with China's long-term focus on energy conservation, emission reduction, and economic development. Therefore, the development of permanent magnet motors has received government support and encouragement.

Because industrial motors are a field that consumes a lot of electricity in society, in order to save electricity, we must first focus on the top. From a data perspective, in 2020, China's electricity consumption of electric motors accounted for 64% of the total electricity consumption in society. Among them, the total electricity consumption of electric motors in the industrial sector accounted for 75% of the total industrial electricity consumption. For every 1% increase in electricity prices and energy efficiency in the industrial sector, we can save about 38.4 billion kilowatts of electricity annually, which means that energy efficiency can be improved by 3%. In the final analysis, it is still for energy conservation and electricity conservation, and rare earth permanent magnet motors. It has natural energy-saving advantages. It is not only efficient and energy-saving, but also very efficient. The efficiency of permanent magnet motors can be improved by 2-19 percentage points compared to traditional motors. At the same time, the structure of rare earth permanent magnet motors is relatively simple, and the failure rate is relatively low. Therefore, its lifespan is also long, and there are many advantages.