Development trend of China's lithium battery equipment industry

The Development Trend of China's lithium battery Equipment Industry (Chart)

With the explosion of downstream power and energy storage market, China's lithium ion battery industry is experiencing huge market dividends. According to the statistics of Lithium TV, China's lithium battery production in the first half of 2016 was 25.3Gwh, up 32.5% year on year. It is estimated that the annual output of lithium batteries in China is expected to reach 62Gwh, up 33.2% year on year, and the output of power batteries is nearly 30Gwh, up 74% year on year. China's lithium battery production will grow more than 25% compound in the next three years.

Data source: Lithium TV big data

1. Substantial growth in power battery investment and production capacity

Power demand is growing by leaps and bounds, power battery capacity is in short supply as a whole, and mainstream power battery enterprises are accelerating capacity expansion. In order to seize market share, the next three years will be the most concentrated time window for power battery enterprises to add capacity. According to the statistics of Lithium TV Big, the investment of lithium battery industry chain in the first half of 2016 has exceeded 116 billion yuan, mainly focusing on the merger and acquisition of lithium battery enterprises and capacity expansion.

Capacity planning of some mainstream power battery manufacturers

Data source: Lithium TV big data

The number of new enterprises has increased significantly. According to the statistics of Lithium TV Big, more than 20 new power battery enterprises entered in 2016, and the types of newly entered enterprises are mainly 3C battery transformation, cross-border, lead-acid battery transformation, etc.

Power battery transformation and new entrants

Data source: Lithium Electric Big Data

2. Explosion of Lithium Battery Equipment Market Scale

According to the big data forecast of lithium-ion batteries, the next three years will be the peak period for the expansion of power lithium-ion battery production capacity. It is expected that the new production capacity from 2016 to 2018 will reach 92Gwh, and the corresponding equipment market size will be calculated based on the average 1Gwh corresponding to 600 million yuan of equipment demand. The total equipment size in the three years will reach 55.2 billion yuan, and the demand for power battery equipment in China will reach 30 billion yuan in 2018.

Data source: Lithium TV big data

3. China's lithium battery equipment landscape will be reshaped in the next three years

At present, the competitive pattern of the domestic market has not yet formed, and there are no super enterprises with obvious technological advantages, large scale and leading role in the domestic lithium battery equipment industry, most of which are small in scale. The gap between domestic equipment and foreign equipment still exists, and the enterprise scale and technical strength of domestic equipment manufacturers are also uneven. China's lithium production equipment is high precision, high speed, high stability, unmanned, online, digital.