China Business Intelligence Network News: According to the current development trend of downstream battery manufacturing market, with the increasing concentration of lithium battery enterprises and the obvious expansion of production by leading battery manufacturers, there is a greater focus on equipment stability, maintenance simplicity, and other needs. Lithium battery equipment with comprehensive energy consumption, production stability, and quality consistency advantages will become the mainstream of the future market, with great market potential.

Market scale of lithium battery equipment

With the development of the new energy vehicle, energy storage, and consumer electronics markets, the demand for power batteries, energy storage batteries, and consumer batteries is showing an increasing trend year by year. The development prospects of the lithium battery industry are promising, and lithium battery production enterprises have formulated and implemented expansion plans one after another. Affected by the expansion of power battery companies, the global demand for lithium battery equipment continues to rise. The market size of lithium battery equipment in China in 2022 is 79.3 billion yuan. The China National Institute of Commerce and Industry predicts that the market size of lithium battery equipment in China will reach 107.7 billion yuan in 2023.

Data source: Compiled by GGII and China Commercial Industry Research Institute

Development Trend of Lithium Battery Equipment Industry

1.Development from automation to full line and digital workshops

The production process of lithium batteries is complex and involves a variety of production equipment. It is necessary to purchase equipment from different suppliers for each link of the production line. The degree of integration between equipment in different links will directly affect the efficiency of automated production. To achieve efficient and high-quality production of lithium battery products, it is necessary to comprehensively consider various aspects such as process coordination, production rhythm coordination, and intelligent product transportation. The transformation of special aircraft to whole line equipment and digital workshop, on the one hand, enhances the consistency and coordination of production line equipment, which is conducive to equipment upgrading and intelligent management of production line; on the other hand, builds a digital workshop, realizes equipment interconnection and traceability of production information in the whole process, improves the rationality, controllability and adaptability of the production process, helps enterprises allocate production resources efficiently, and realizes Lean manufacturing.

2.The industry has a good growth trend, and there is broad development space for drying equipment, coating equipment, and roller cutting equipment
Considering the increasing requirements for energy density, safety, and other aspects of power batteries, as well as the higher demand for lithium-ion equipment, the value of lithium-ion equipment will increase. Coupled with the investment demand for energy storage batteries, consumer batteries, and other equipment, the growth rate of lithium-ion equipment will be higher than the growth of sales of new energy vehicles. The lifespan of lithium battery equipment is usually 5-10 years, and in recent years, it has been a period of rapid growth in the lithium battery industry. Therefore, the market space mainly comes from the continuous expansion of downstream lithium battery manufacturers.
3. The reshuffle of the local lithium battery equipment industry is accelerating, and the industry concentration will further increase

Under the trend of accelerating the reshuffle and increasing concentration in the power battery industry, the lithium battery equipment industry has also accelerated the clearance of vulnerable enterprises, and the industry concentration has further increased. In addition, with the high customer stickiness of lithium-ion equipment enterprises, leading lithium-ion equipment enterprises bound to front-line battery enterprises will gain a stronger competitive advantage.

With the gradual maturity of the lithium battery equipment manufacturing industry in China in recent years, lithium battery equipment manufacturers have entered into their respective subdivisions, constantly accumulating technical advantages, mastering core high-end technologies, meeting the requirements of lithium batteries for equipment automation, precision and consistency, and gradually realizing Import substitution industrialization. The competition in the lithium battery equipment market is gradually transitioning from price competition in the past to performance and technology competition. Differentiated equipment positioning will become the main trend of market differentiation in the equipment field. A group of representative lithium battery equipment enterprises have emerged in the domestic market, guiding the production of domestic lithium battery equipment towards standardization and standardization. Driven by leading enterprises in the industry, the lithium battery equipment industry is accelerating its diversified merger and integration, strengthening resource integration, adjusting industrial structure, and further increasing the concentration of the lithium battery industry.

With the gradual maturity of the lithium battery equipment manufacturing industry in China in recent years, lithium battery equipment manufacturers have entered into their respective subdivisions, constantly accumulating technical advantages, mastering core high-end technologies, meeting the requirements of lithium batteries for equipment automation, precision and consistency, and gradually realizing Import substitution industrialization. The competition in the lithium battery equipment market is gradually transitioning from price competition in the past to performance and technology competition. Differentiated equipment positioning will become the main trend of market differentiation in the equipment field. A group of representative lithium battery equipment enterprises have emerged in the domestic market, guiding the production of domestic lithium battery equipment towards standardization and standardization. Driven by leading enterprises in the industry, the lithium battery equipment industry is accelerating its diversified merger and integration, strengthening resource integration, adjusting industrial structure, and further increasing the concentration of the lithium battery industry.

For more information, please refer to the Research Report on the Market Prospects and Investment Opportunities of Lithium Battery Equipment in China issued by China Commercial Industry Research Institute. At the same time, China Commercial Industry Research Institute also provides services such as industrial Big data, industrial intelligence, industrial research reports, industrial white papers, business plans, feasibility studies, park industrial planning, industrial chain investment map, industrial investment guidance, industrial chain investment investigation&promotion conference, etc.