Odawara Engineering: Technology recognized by Tesla: Winding equipment for motors

Odawara Engineering: Technology recognized by Tesla: Winding equipment for motors

Odawara Engineering:

Odawara Engineering, which develops winding equipment for motors, also supplies to Tesla
Large European acquisition of European industry due to rapid market expansion-Competing with ABB group
Great companies are located in a small town surrounded by mountains in western Kanagawa prefecture.

Behind the world’s most famous automobile companies such as Tesla.

Winding machine for motors:

Odawara Engineering deals with winding machines for motors.

The motor is

Electric vehicle (EV)
In addition to hybrid cars,
Household appliances and generators,
Industrial machinery
It is used in a wide range of applications, and its performance is greatly influenced by the winding.

The importance of winding technology:

In automobiles, the shift from internal combustion engines to motor drives has progressed due to electrification, and the importance of winding technology has increased.

In Europe, many of the SMEs in the industry have been acquired by the big ones.

Western competitors

Odawara Engineering’s competitors

The ABB Group in Switzerland
Such as German ThyssenKrupp
It has been transformed into a huge company.

Market size of motor winding equipment:

The market size of motor winding equipment is expanding rapidly.

According to Odawara Engineering,

The market size of motor winding equipment in 2017 was only about 40 billion yen.

Bloomberg

https://www.bloomberg.co.jp/news/articles/2020-07-19/QBQWALDWX2PX01?srnd=cojp-v2