艾媒咨询 | 2026-2027年中国充电桩产业发展与消费趋势报告

作为新能源汽车普及和新型电力系统建设的关键基础设施，充电桩产业持续受益于数字化平台对车网互动、智能调度、支付结算及运维服务等环节的全方位赋能，其效能已从单纯的补能节点延伸至虚拟电厂、光储充一体与车网融合等场景革新。当前，行业版图内设备制造、充电运营、光储充一体化及超充服务等多元模式竞合交织，运营商对优质点位、用户流量与充电时长的争夺日趋白热化，标准与监管框架从粗放建设向安全规范、互联互通及有序充电常态化精细治理演进。在政策端，新能源汽车下乡、充电基础设施覆盖与支持新型电力系统建设的信号持续释放，为充电桩企业在技术研发、场景创新及出海探索中注入了新的活力。纵观行业发展脉络，充电桩产业正经历从规模扩张向运营增效与能源价值创造的跃迁，设备智能化与源网荷储协同的广度深度将成为进一步发展的关键支点。
全球领先的新经济产业第三方数据挖掘和分析机构iiMedia Research（艾媒咨询）最新发布的《2026-2027年中国充电桩产业发展与消费趋势报告》数据显示，前三名市值合计4383.45亿元，占TOP10总市值6073.76亿元的72.17%，集中度较高。前三名企业营收合计占比约75%，艾媒咨询分析师认为，行业营收结构偏重硬件制造，竞争格局呈“头部多元、尾部细分”态势。营收规模与企业发展阶段正相关，领先企业凭借技术集成与产业链布局进入成熟扩张期，而中小规模企业多处于业务聚焦与市场渗透阶段，整体行业有待向服务与运营端延伸以提升健康度。
通过对典型企业的研究，可以更直观地了解充电桩板块各具特色的布局和差异化的发展路径。阳光电源以其在光储充一体化与电力电子技术上的综合优势，展现了新能源装备制造与充电基础设施协同的路径；奥特迅作为大功率充电设备及电力自动化电源领域的深耕者，其经营情况与估值波动深度绑定于新能源汽车保有量增长及超充网络建设节奏，研发投入对其柔性充电堆等核心技术迭代构成了关键支撑；万马股份作为充电运营与线缆材料协同布局的代表，凭借在充电网络运营、电力电缆及高分子材料领域的深耕，实现了制造与运营环节的联动发展。三家企业的资产结构、盈利质量与估值逻辑虽有差异，但共同指向了精细化运营、持续创新与能源服务价值的深度挖掘。
As a critical infrastructure for the widespread adoption of new energy vehicles and the development of a new power system, the charging pile industry continues to benefit from the comprehensive empowerment provided by digital platforms across various aspects—including vehicle-grid interaction, intelligent dispatching, payment and settlement, and operation and maintenance services. Consequently, its functionality has expanded beyond being merely a power-supply node to encompass innovative scenarios such as virtual power plants, integrated photovoltaic-storage-charging systems, and vehicle-grid integration. Currently, within the industry landscape, diverse business models—such as equipment manufacturing, charging operations, integrated photovoltaic-storage-charging solutions, and ultra-fast charging services—are interwoven through both competition and cooperation; meanwhile, operators are intensifying their competition over premium charging locations, user traffic, and charging duration. Simultaneously, standards and regulatory frameworks are evolving from extensive, ad-hoc deployment toward a more refined governance model focused on safety, standardization, interoperability, and the normalization of orderly charging practices. On the policy front, signals indicating government support for the "New Energy Vehicles in Rural Areas" initiative, the expansion of charging infrastructure coverage, and the advancement of the new power system continue to emerge, injecting fresh vitality into charging pile enterprises 'efforts in technological R&D, scenario innovation, and overseas exploration. Looking at the overall trajectory of the industry's development, the charging pile sector is undergoing a transition from scale expansion to operational efficiency enhancement and energy value creation; in this process, the advancement of equipment intelligence and the synergy between generation, grid, load, and storage will serve as pivotal drivers for further development.
According to the latest "2026–2027 China Charging Station Industry Development and Consumption Trend Report" released by iiMedia Research (a globally leading third-party data mining and analysis firm in the new economy sector), the combined market capitalization of the top three companies reached RMB 438.345 billion, accounting for 72.17% of the total market capitalization of the top 10 companies (RMB 607.376 billion), indicating a high level of industry concentration. The combined revenue share of these top three companies accounted for approximately 75% of the total industry revenue. iiMedia Research analysts note that the industry's revenue structure is heavily weighted toward hardware manufacturing, with a competitive landscape characterized by "diversified leadership at the top and specialized niches at the bottom." Revenue scale correlates positively with the development stage of enterprises: leading firms have entered a mature expansion phase through technological integration and strategic positioning along the industrial chain, while smaller and medium-sized enterprises are mostly in the business focus and market penetration stages. Overall, the industry needs to extend its scope toward service and operational aspects to enhance its overall health.
By studying typical enterprises, one can gain a more intuitive understanding of the distinctive layouts and differentiated development paths within the charging pile sector. Sungrow Power, leveraging its comprehensive advantages in integrated photovoltaic-storage-charging systems and power electronics technology, demonstrates the synergistic approach between new energy equipment manufacturing and charging infrastructure development; Utrex, as a specialist in high-power charging equipment and power automation power supplies, sees its business performance and valuation fluctuations closely tied to the growth in new energy vehicle ownership and the pace of ultra-fast charging network construction, with its R&D investment serving as a crucial support for the iterative advancement of core technologies such as flexible charging stacks; Wanma Co., Ltd., representing a company with a synergistic layout between charging operation and cable materials, has achieved coordinated development across both manufacturing and operational segments through its deep expertise in charging network operations, power cables, and polymer materials. Although these three companies differ in their asset structures, profit quality, and valuation logic, they all point toward refined operations, continuous innovation, and the deep exploration of energy service value.