Investment Rating - The report does not explicitly state an investment rating for the liquid cooling ultra-fast charging industry Core Insights - Liquid cooling ultra-fast charging technology utilizes liquid cooling to achieve rapid charging for electric vehicles, facing challenges such as high costs and lack of standardization. However, with technological advancements and increasing market demand, its application prospects are broad. The market size is rapidly growing, driven by the increase in production and sales of new energy vehicles and consumer preference for fast charging. Future growth will be further propelled by the rise of high-power charging models and the increasing cooling demands of data centers [4][5][24]. Industry Definition - Liquid cooling ultra-fast charging refers to the rapid charging technology for electric vehicles that employs liquid cooling. As the electric vehicle market rapidly develops, charging infrastructure is continuously improving to meet user demands for faster and more efficient charging. The technology effectively dissipates heat during high-power operation, ensuring efficiency and stability [5][6]. Industry Characteristics - The liquid cooling ultra-fast charging industry is characterized by high investment thresholds, strong dependence on the new energy vehicle sector, and a lack of unified industry standards. The initial investment is relatively high due to the complexity of technology and equipment, requiring significant funding for research and development, as well as specialized manufacturing processes [8][9][10]. Development History - The liquid cooling ultra-fast charging industry has reached two stages: the budding phase (2019-2022) and the initiation phase (2023-present). During the budding phase, various companies launched and deployed multiple liquid cooling technologies globally. The initiation phase has seen leading companies like CATL and Huawei release and deploy efficient liquid cooling technologies, accelerating the development of a comprehensive liquid cooling ultra-fast charging network [11][12][13]. Industry Scale - From 2018 to 2023, the market size of the liquid cooling ultra-fast charging industry grew from 927 million RMB to 38.82 billion RMB, with a compound annual growth rate (CAGR) of 111.07%. It is projected that from 2024 to 2028, the market size will increase from 57.88 billion RMB to 295.86 billion RMB, with a CAGR of 50.36% [24][25]. Policy Overview - Recent policies advocate for the acceleration of charging infrastructure development, including the expansion of charging networks in urban centers and along highways. These policies aim to enhance the service capabilities of charging facilities and promote the integration of smart management systems to meet the growing demand for electric vehicle charging [29][30][31]. Competitive Landscape - The liquid cooling ultra-fast charging industry exhibits high market concentration, with leading companies such as Huawei in the first tier, followed by NIO and other firms in the second tier. The high costs associated with liquid cooling technology limit the number of participants, leading to a market tilt towards a few large enterprises. Future market concentration is expected to increase as mid-tier companies develop new ultra-fast charging products and expand their charging station networks [34][35][36].
液冷超充行业：高效安全充电技术，引领电动汽车充电革命 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-09-02 12:34