1. Lithium Battery Sector

1.1 New Energy Vehicles and Demand for Lithium Battery Equipment

• Rapid Development: New energy vehicles (NEVs) are rapidly advancing, driving strong demand for lithium battery equipment.
• Supply-Demand Gap:
  • 2023: Global demand for electric vehicle (EV) power batteries reached 406 GWh, with supply expected to be 335 GWh, resulting in an 18% supply-demand gap.
  • 2025: The gap is projected to widen to approximately 40%.
• Production Expansion: To address the supply-demand gap, lithium battery manufacturers are scaling up production, further increasing the demand for lithium battery equipment.

1.2 Application of Laser Processing in Lithium Battery Production

• High Standards: Lithium-ion batteries require stringent safety, consistency, and density standards, necessitating advanced production equipment and processing technologies.
• Advantages of Laser Processing:
  • Effective Processing: Excels in welding, cutting, and cleaning processes.
  • Efficiency: Enhances production efficiency and reduces costs.
• Usage Stages: Laser processing is extensively utilized across all stages of lithium battery production, including welding, cutting, and cleaning.

1.3 Investment Proportion and Market Space for Laser Equipment

• Investment Breakdown:
  • Laser Welding Equipment: Accounts for approximately 5-15% of power battery manufacturers’ investments.
  • Laser Cutting, Cleaning, and Marking: Estimated to constitute 25% of lithium battery manufacturing equipment investments.
• Market Space Calculation Assumptions:
  1. Automobile Sales Growth: China’s automobile sales will grow steadily at a rate of 2% from 2021 to 2025.
  2. NEV Penetration Rate: China’s new energy vehicle penetration rate will reach 20% by 2025.
  3. Battery Capacity Growth: The installed capacity of single-vehicle batteries will continue to grow steadily.
  4. Capacity Utilization: The capacity utilization rate of power lithium battery manufacturers will gradually increase.
  5. Investment Decline: Investment in lithium battery equipment will decrease to 230 million yuan per GWh.
  6. Laser Equipment Share: Laser equipment is assumed to account for 25% of lithium battery manufacturing equipment.
• Market Size Estimation:
  • Projection: The average annual market size for laser equipment in China’s lithium battery sector is expected to exceed 7 billion yuan from 2021 to 2025.Laser Cutting in Aerospace Manufacturing Lasers have become a key tool in making airplane parts. These powerful beams can cut through tough metals like titanium and aluminum with incredible accuracy, making even the most detailed shapes without damaging the material.

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    Laser Welding for Aerospace Components Laser welding has changed how airplane parts are put together. This method joins metals with extreme accuracy and strength, which is especially helpful when working with light materials like titanium or complicated engine parts.

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