Sixth, battery manufacturing - lithium battery equipment
Market space: Lithium-ion equipment can be divided into front-end, mid-end and back-end equipment according to the production process of lithium ion. The accuracy and automation level of the equipment directly affect the efficiency and consistency of the lithium battery. In 2020, the total demand for power lithium batteries will reach 37GWh, which is more than ten times that of 2014. The expansion of power lithium batteries directly drives the demand for equipment;
Coexistence of cyclicality and growth: The demand for manufacturing equipment comes from the expansion of downstream capacity, usually with obvious cyclical characteristics. According to estimates, the supply and demand relationship of power batteries may be reversed in 2016, and 2015 will be the high point of growth of lithium battery equipment. The high-end and low-end markets of lithium-ion equipment are clearly differentiated, and the battery faucets are more closely tied to the equipment faucets. After the end of this round of large-scale expansion, the high-end market can still enjoy the growth brought by the steady growth of production capacity.
2, battery manufacturing - lithium battery equipment
Market pattern: The low-end market and the high-end market coexist. The low-end market enterprises are small in scale, with single products, poor applicability, fierce homogenization competition, and low profit margins; high-end market enterprises have high technical level, product customization is not standardized, customer viscosity is high, and profits are high. At present, the domestic lithium battery equipment market is still scattered, and only a few companies can enter the high-end market. The low-end market is mainly based on domestic low-priced equipment, while the high-end market is facing the extrusion of advanced equipment from Japan and South Korea.
Judging in the future: At present, the gap in equipment level is still obvious. Only leading enterprises can enter the supply chain of large customers and enjoy the high growth benefits of the industry. At the same time, the standardization degree of lithium battery equipment is low, and it is necessary to customize the service according to customer requirements, and the customer has high viscosity. At present, domestic enterprises that can enter the supply chain of well-known battery companies such as BYD and ATL are rare, and it is easier to form the positive effect of snowballing, attract more customers to seek cooperation, and most optimistic about the domestic leading enterprises.