Energy storage fire market accounted for more than 40%

With the expansion of the scale of the new energy industry, the number of energy storage power stations, charging piles, photovoltaic power stations, etc. has increased sharply, and the demand for fire safety has also increased. According to the forecast of relevant institutions, the scale of China's new energy fire protection market is expected to grow from billions of yuan in 2023 to tens of billions of yuan in 2030, with an annual compound growth rate of more than 20%. In this context, new energy fire protection construction has become the core barrier of industrial safety development.

In 2015, the National Energy Administration revised the "Typical Fire Protection Regulations for Power Equipment" and added a special chapter on "New Energy Power Generation Fire Protection", requiring photovoltaic/energy storage power stations to be equipped with automatic fire extinguishing systems and real-time temperature monitoring networks to strengthen full-cycle safety management. On April 26, 2022, the Ministry of Emergency Management issued the "14th Five-Year" Emergency Management Standardization Development Plan. Its key tasks mentioned the formulation of new energy vehicles, electrochemical energy storage, distributed photovoltaics, hydrogen energy facilities and other places Fire early warning, explosion-proof and explosion suppression technical standards. New photovoltaic modules, energy storage equipment and other fire resistance test methods to fill the new energy facilities combustion safety evaluation blank. For the first time, new energy fire protection has been incorporated into the top-level design of the national emergency system to promote the transformation from traditional fire protection to special fire prevention and control.

In recent years, China has vigorously promoted the development of the new energy industry and issued a series of supporting policies, such as the New Energy Automobile Industry Development Plan (2021-2035) and the 14th five-year Plan for Modern Energy system. It is clearly proposed to speed up the construction of new energy infrastructure and promote the rapid development of energy storage, photovoltaic, wind power and other fields. This provides a policy guarantee for the new energy fire market. Among them, energy storage fire, new energy vehicle fire, photovoltaic fire is the main growth areas. Energy storage power station scale, 2023 electrochemical energy storage cumulative installed more than 50GW, lithium battery thermal runaway risk spawned high demand for fire protection systems. The growth rate of the market segment is significant, with energy storage fire protection accounting for more than 40% (market size of 2.5 billion yuan in 2022), the annual growth rate of photovoltaic/wind power field is more than 30%, and the market is expected to exceed 5 billion yuan in 2025.

At present, the participants in the energy storage fire protection market include traditional fire protection enterprises, new energy enterprises, technology companies and so on. Market concentration is low, has not yet formed an absolute leader. As a professional enterprise focusing on the field of energy storage and fire fighting, Shengsida has been deeply engaged in the research and exploration of energy storage and fire fighting schemes since its inception. Our fire fighting schemes reduce the accident probability from the source and provide safety endorsement for the large-scale construction of energy storage projects through targeted monitoring and early warning (such as early gas and temperature monitoring), fire fighting technology (such as immersion fire fighting, precise temperature control) and emergency disposal system.

At present, the energy storage fire protection market is in the rapid development stage of continuous improvement of the policy system, accelerated iteration of technical solutions and continuous release of market demand. In this context, we will accurately meet the market demand, focus on strengthening the ability of program customization, and provide security for the energy storage industry from the technical level.