固态电池设备关键环节，前中段引领突破 [Table_ReportType] ——电力设备行业深度报告[Table_ReportDate] [行业核心观点： Table_Summary] 与传统液态锂电池相比，固态电池具备高安全性，高能量密度的关键 优势，是锂电池产业升级的重要方向。当前，在国家政策支持、企业 布局加速的推动下，固态电池正在进入快速发展阶段，产业化转折点 即将到来，未来市场空间广阔。固态电池设备是锂电池产业链上游环 节，在量产进程中有望率先受益。 投资要点： 常规锂电设备：前段中段设备价值占比高，涂布、卷绕机为核心设备。 从工序流程来看，锂电生产工艺主要分为三个环节，分别为前段制片环 节、中段装配环节以及后段测试环节。从细分环节市场规模结构分布来 看，我国锂电设备前段、中段、后段设备市场占比分别为 44.05%、 35.71%、20.24%，前段设备市场占比最高，其次为中段设备。细分来看， 前段设备中，涂布机价值最大，占前段设备的 75%左右；中段关键设备 为卷绕机，其价值占比达到 70%。 3282 ⚫ 固态电池设备：与常规锂电设备区别集中在前段和中段。 ⚫ （1）前段设备：干法电极有望应用， ...

Investment Rating - The report maintains a "Positive" outlook on the solid-state battery industry, highlighting its potential as a next-generation battery technology with significant attention from the entire industry chain [4][9]. Core Viewpoints - Solid-state batteries face dual challenges of process and cost, but recent advancements indicate a consensus on mass production by 2027, with key players in the automotive and battery sectors actively releasing products [9][12]. - The manufacturing of solid-state batteries requires a comprehensive reconstruction of equipment and processes due to fundamental differences in material compatibility and bonding logic compared to liquid lithium-ion batteries [21][22]. - Equipment development is crucial for achieving scale production and cost reduction, with dry processing techniques being identified as effective methods for lowering costs and improving efficiency [22][34]. Summary by Sections Industry Overview - The solid-state battery industry is gaining traction, with a clear direction and trend towards mass production by 2027, driven by collaboration across the supply chain [4][9]. Manufacturing Challenges - The transition from laboratory to mass production faces significant technical challenges, particularly in scaling up cell sizes from the current average of 20Ah to the required 60Ah for automotive applications [12][21]. - Key challenges include the stability of material systems, consistency of processes, and safety of systems, all of which impact yield rates, production efficiency, and costs [12][21]. Equipment and Process Innovations - The report emphasizes the need for innovative equipment and processes, particularly in the areas of solid electrolyte film production and interface engineering, to address the unique requirements of solid-state batteries [21][35]. - Dry processing techniques are highlighted as essential for the production of solid-state batteries, offering advantages in efficiency and environmental impact [22][34]. Investment Recommendations - The report suggests focusing on companies that are closely collaborating with clients and have secured orders or achieved delivery in the key equipment sector, such as Naconor (832522), Honggong Technology (301662), and others [4][9].