近日，天风证券发布了全球新型烟草市场发展趋势报告，报告中分别从HNB、雾化产品两个角度进行全球市场分析，其中关于我国新型烟草产业发展的机遇和挑战，主要有以下结论：
HNB产品方面，海外巨头专利布局广泛，涉及HNB烟具及烟支的结构设计、制造工艺、材质、温控、清洁维护、烟草薄片配方等各个方面，国内厂商走出自主创新之路迫在眉睫；
雾化产品方面，国内雾化产业需求端方兴未艾，监管落地将加速供应端竞争格局优化。
下面是报告PPT：
来源：天风证券，节选
电子雾化与HNB产品都是新型电子产品，结构虽小，却融合应用多种材料、表面处理、芯片电子等技术工艺，而且雾化技术一直在不断更迭，供应链在逐步完善，为了促进供应链企业间有一个良好的对接交流，艾邦搭建产业微信群交流平台，欢迎加入；Vape e-cigarettes (VAPE) and Heat-Not-Burn e-cigarettes (HNB) are both emerging electronic products. Despite their compact size, they integrate various materials, surface treatment technologies, chip electronics, and other advanced technical processes. Moreover, atomization technology is constantly evolving and the supply chain is being progressively perfected. To facilitate good communication and networking among supply chain enterprises, Aibang has established an industry WeChat group communication platform and warmly welcomes interested enterprises to join.
English 
Chinese