20230817_海通证券_电力设备新能源行业：特高压、电网自动化、数字化为电网重点投资方向_22页.pdf

SAC S0850512050003 2023 08 17 1.2.3.2 1ZEVuNmRpMnMpRoNqNpQpO9P8Q6MoMrRmOsReRnNxPkPnMsNaQoPqQwMmOqRMYsPnM1.1-3 2030 9705 3 6 1 1.5 2 4 1.1-1 2025 3%-5%40%5%2030 2 3 1 2 1 2 3 5 1.2-6 1.2-7 1.3-8 2020 2023 1 1851.0 39.11%2 546.7 10.18%3 252.7 24.15%2023 90.18 32.10%2023-2025 8 2018-2023 2018 2019 2020 2020 2020 2021 2022 2023 2023 yoy 2 4728.2 6510.7 2231.0 A 2280.0 5806.8 5712.2 1851.0-39.11%4728.2 6510.7 2231.0 2280.0 4511.0 5806.8 5712.2 1851.0-39.11%1 672.9 786.3 215.3 B 416.3 827.9 1166.2 502.5-7.52%0.5S 93.6 92.6 33.1 C 43.5 88.1 130.5 43.1-31.97%0.2S 2.4 1.5 0.9 D 1.5 2.8 5.0 1.1-42.65%768.9 880.4 249.3 461.4 710.7 918.7 1301.8 546.7-10.18%5497.1 7391.1 2480.3 2741.4 5221.7 6725.5 7014.0 2397.6-34.28%651.0 519.2 119.2 211.4 330.6 388.2 347.9 94.6-44.93%198.5 200.1 57.7 53.2 110.9 127.2 291.9 158.1-2.05%849.6 719.3 176.9 264.5 441.4 515.5 639.8 252.7-24.15%1.3-9 2023 1.3-2023 2023 4.60%3.87%2.85%2.24%2.17%2.13%2.13%2.09%2.08%2.07%73.77%7.42%6.30%4.80%4.46%4.26%4.17%3.91%3.90%3.83%3.70%53.24%1.4-10 1.1 2 3 4 2.3.11 OEM 2.1-2023 2023 OEM 197.6 2.6%2023 212.6 4.4%2023 12 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 PLC 99 91 93 95 97 DCS 101 93 94 94 102 100 91 95 96 97 HMI 108 100 106 105 106 100 91 93 96 96 100 90 94 98 97-109 94 96 96 97-104 97 98 93 97 CNC 101 86 86 86 93 2022 2023-OEM API=*100 API100 API100 2023 OEM PLC97 97 97 2.1-2023 OEM 2023 PLC 102 104 105 13 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 PLC 108 104 104 104 105 DCS 109 105 104 104 106 106 104 101 101 105 HMI 118 117 115 114 115 108 105 105 104 106 108 104 103 102 104 109 103 102 102 102 108 103 101 101 101 106 100 99 98 100-CNC-2022 2023-API=*100 API100 API100 2.1-2023 2.2-14 2019-2023 623 695 882 956 198 698 706 804 879 213 010020030040050060070080090010002019 2020 2021 2022 2023 OEM 15 2.3-2022 2022 1/PLC 2 3 16 2.4-2.5-PLC 17 PLC 3C PLC PLC PLC PLC 3C 3C PLC 2.6-18 2023 3C 2.7-19 3.20 1 2 3 4 SAC S0850512050003 021-23219692 Email 21 22 1.6 6 2.A 500 10%-10%10%-10%6 10%-10%10%-10%