Transfer from: Prospective Industry Research Institute

major listed companies in perovskite battery industry: Ningde era (300750.SZ); Longji Green Energy (601012.SH); Trina Solar Energy (688599.SH); Jingke Energy (688223.SH); Jingao Technology (002459.SZ); Hangxiao Steel Structure (600477.SH); Baoxin Technology (002514.SZ), etc.

The core data of this article: China's perovskite battery industry listed companies/non-listed enterprises-perovskite battery business layout analysis; China's perovskite battery enterprises number of regional distribution

1, China's perovskite battery industry competition factions

At present, domestic perovskite battery manufacturers can be divided into two major competitive factions: listed companies and unlisted companies. Listed enterprises include Ningde Times, Longji Green Energy, Trina Solar Energy, Jingao Technology and other leading enterprises in the battery industry. Many of them have the background of crystalline silicon cells and are working towards perovskite/crystalline silicon laminated cells. Unlisted enterprises include Xiexin Optoelectronics, Fiber Optoelectronics, Dazheng Micro-nano, Polar Photoenergy, Wandu Photoenergy, etc., with single-junction perovskite cells as the main industrialization direction.

2. Entry process of competitors in China's perovskite battery industry

judging from the admission process of enterprises, listed enterprises such as trina solar energy, longji green energy and jingao technology all entered the battery industry earlier. Non-listed enterprises such as Fiber Optoelectronics, Wandu Solar Energy, Yao Energy Technology, Dazheng Micro-nano and Xiexin Optoelectronics will enter the market after 2015, focusing on the research and development of perovskite batteries. Renshuo Guangneng entered the market at the latest and was established in 2021.

3. Enterprise Layout and Competitiveness Analysis of China's Perovskite Battery Industry

At present, perovskite batteries are in the development stage from laboratory to industrialization, and listed companies in the perovskite battery industry are basically in the stage of laboratory research and development and pilot line construction. Judging from the product route, perovskite cells can be divided into single junction cells and laminated cells. Most listed companies take the laminated development route. Longji Green Energy, Trina Solar Energy and hangxiao Steel Structure vigorously develop perovskite/crystalline silicon laminated solar cells. Jingke Energy distributes Topcon/perovskite laminated solar cells. Baoxin Technology focuses on the research and development of perovskite/heterojunction laminated cell technology and industrial transformation.

4, China perovskite battery industry regional competition

From the perspective of the regional distribution of representative enterprises in the perovskite battery industry chain, Jiangsu has the largest number of enterprises in the perovskite battery industry chain, and the distribution of each link in the industry chain is relatively perfect. Among them, Jiangsu's upstream auxiliary materials enterprises have Amarton, Xiuqiang shares, Saiwu technology, upstream equipment enterprises have micro-guided nano, Maiwei shares, Delong laser, Fosmai, midstream perovskite battery enterprises are numerous, distributed with Tianhe light energy, Baoxin technology, Xiexin photoelectric, Dazheng micro-nano, polar light energy, Renshuo energy.

Regional distribution, at present, China's perovskite battery enterprises are mainly distributed in Jiangsu, Guangdong, Zhejiang and other provinces and cities. As of November 2023, there were 111 related perovskite cell companies in Jiangsu, 82 in Guangdong and 50 in Zhejiang.

5. Summary of competition in China's perovskite battery industry

From the perspective of the five-force competition model, perovskite cells are third-generation solar cells, which are currently in the early stages of industrialization, with a small number of competitors and high technical barriers, and small threats from potential entrants and substitutes. Perovskite battery upstream auxiliary materials and equipment as the key link, especially coating equipment and laser equipment as the core equipment, supplier bargaining power is strong, downstream for BIPV, vehicle photovoltaic and other application scenarios, the current demand is small, the future demand space is expected to improve, consumer bargaining power is weak. Existing competitors; potential entrants; substitutes.

According to the above analysis, quantify the competition in various aspects. 1 represents the largest and 0 represents the smallest. The competition in China's perovskite battery industry is shown in the following figure:

For more research and analysis of this industry, please refer to the Prospective Industry Research Institute's "China Perovskite Battery (PSCs) Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report".

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