Driven by the new energy vehicle (NEV) and industrial automation sectors, the market for armature production lines is experiencing rapid growth. The market size for the relevant winding/coil segment in China is projected to reach approximately RMB 8.6–9.7 billion in 2024–2025 (with a CAGR of ~13%). Key trends include a shift toward flat-wire technology, full automation, and high precision, with production highly concentrated in the Yangtze River Delta and Pearl River Delta regions.
Overall Market Size: In 2024, the scale of China's armature winding industry was approximately RMB 8.582 billion, a year-on-year increase of 13%; it is expected to surpass RMB 9.7 billion in 2025. From 2025 to 2030, the overall market for motor armature coils is projected to grow from approximately RMB 18.5 billion to RMB 28 billion (CAGR of 8.7%).
Drivers: Rising NEV penetration (sales volume exceeding 10 million units in 2025), surging demand for industrial servos and robots, and energy-efficiency upgrades in home appliances; notably, the share of NEV drive motors is expected to rise from 35% to 48%.
Market Segmentation: DC/flat-wire windings dominate the market (accounting for ~57%), and the growth rate for large-scale motor windings exceeds that of small- and medium-sized ones; export value in 2024 ranged from approximately RMB 0.98 billion to RMB 1.24 billion, with major destinations including Southeast Asia and Europe.
