According to the "Forecast of Production and Sales Demand and Analysis Report on Transformation and Upgrading of China's Electric Motor Manufacturing Industry", the statistical data shows that the production growth of general products is the largest, and other derivative specialized series of motor products have also seen significant growth, such as vibration motors, vibration screen motors, variable frequency motors, elevator motors, submersible motors, injection molding machine motors, permanent magnet synchronous motors, AC servo motors, etc. The development of new products has also achieved impressive results. The Y3 series three-phase asynchronous motors developed during the "Tenth Five Year Plan" period, which replaced heat with cold, have passed expert appraisal in April 2002 and are being promoted nationwide.

In addition, the development work of using cold-rolled silicon steel sheets to update and upgrade products on the main derivative series is also underway, such as the high-efficiency motor series, low noise and low vibration motor series, low-voltage high-power motor series, IP23 low-voltage motor series, etc. With the continuous intensification of competition in the electric motor manufacturing industry, mergers and acquisitions, integration, and capital operations among large electric motor manufacturing enterprises are becoming increasingly frequent. Excellent electric motor manufacturing enterprises at home and abroad are paying more and more attention to the research of the industry market, especially in-depth research on the development environment of enterprises and changes in customer demand trends. Because of this, a large number of excellent motor brands both domestically and internationally have rapidly emerged, gradually becoming the forefront of the motor manufacturing industry. Motors themselves are labor-intensive products, and it is difficult to generate benefits without reaching a certain production scale. Therefore, the industry's profits are very thin, with about 300000 employees in the national motor industry. In 2003, the industry achieved a profit of only 280 million yuan. It is understood that even in some cost-effective enterprises, the net profit last year was less than 5%. Meanwhile, due to the poor production processes of most small enterprises, there are still a large number of substandard product quality issues in the motor industry. According to the survey, the average loss of defective products such as scrap, substandard products, and repaired products in China's electrical machinery enterprises is around 10%, while the unqualified level of electrical machinery enterprises in developed industrial countries abroad is generally 0.3%.

In recent years, a group of enterprises with large production scale, good product level, quality, and advanced technical equipment have emerged in China's motor industry. However, there is no one whose product share can dominate the domestic market yet. Small and medium-sized motors have not yet formed a brand with international influence. The motor industry urgently needs to be re integrated and eliminated, which has become a development trend in the motor industry. Experts point out that although the motor industry is an old traditional industry, supporting motors are indispensable for various industries. Moreover, some larger motor companies occupy a large area and are located in good locations. After mergers and acquisitions, they will bring very rich benefits and financial resources to the acquirers.