As the basic accessories of the industry system, the cable is widely used. Therefore, with the rapid development of China's economy, the cable market prospect is also very considerable. In the next few years, some cable markets will get considerable development, and some cable products will meet the broad market demand.
The use of overhead lines will increase significantly

At present, China's north, central and South inter provincial networking and the gradual realization of the whole country, a large number of ultra-high voltage, large capacity overhead lines (750kV lines in the northwest, 500kV lines in other areas) make overhead lines have a 10% month on month growth. In addition, the demand for medium voltage 10-35kV cable products will also increase significantly, or increase at a rate of 8-10% on a month on month basis. At present, the adoption of double ring network for power supply in big cities and the improvement of underground cable utilization rate in central areas will greatly increase the usage of medium voltage cables. At present, most urban planning departments emphasize the power supply by underground cables in urban areas. Some cities have included this requirement in local regulations, which brings great opportunities to medium voltage distribution cables.

The output value of construction wiring will exceed 15%

In recent years, although the real estate industry is cold, the construction industry, as an important industry in the 21st century, will bring opportunities to construction wires and cables for other electrical equipment. Whether it is residential or office buildings and shopping malls, the planet will use a large number of all kinds of cable products. At the same time, with the increasing demand of consumers for living conditions, the intelligent demand of residential buildings and the construction of various professional networks bring great market to wires and cables. It is estimated that the output value of construction wiring will exceed 15% in the wire and cable industry in the future.

New energy cable market department should not be underestimated

With the rapid development of new energy industry, the market of new energy cable products can not be underestimated. Take nuclear power as an example, in the next few years, the new energy industry will get more and more government support. And technological progress will make the use cost of new energy continue to decline, economic value and social environmental protection benefits become increasingly prominent. In the past year, the overall trend of the new energy sector has been significantly stronger than that of the Shanghai and Shenzhen stock markets. We are optimistic about the long-term investment value of the new energy sector and maintain the "recommended" investment rating. For example, as an important measure to control air pollution in China, new energy vehicles will continue to receive strong policy support and have good development prospects. At present, the number of charging piles in China is far behind the needs of the development of electric vehicles. "Charging difficulty" is the biggest bottleneck of electric vehicles in China. Incentive policies for the construction of charging piles will be accelerated. Tesla's open patent helps the development of new energy vehicle industry.
Solar photovoltaic cable market will also benefit

And the solar photovoltaic industry has also attracted the eyes of many investors. The development potential of the solar photovoltaic industry is infinite, and the power that will be injected into the cable industry is also infinite. As a result of China's transformation from a big PV manufacturing country to a big PV installation country, the solar PV industry has been developing rapidly. At present, the development of domestic photovoltaic power station mainly includes two types: ground power station and distributed photovoltaic power station. For the ground power station, some industry experts believe that the mature business model is the most beneficial link in the current industrial chain.

Automotive cables will continue to grow

In addition, the development of the city will drive the development of urban rail transit and promote the application of various flame retardant cables. Tunnel and subway station lighting cable is also a bright spot. With the rapid development of domestic enterprise industry, it will bring rapid development to automobile wire and enameled wire. For example, there are two main types of wires used in automobile and motorcycle industry: enameled wire and automobile wire. The automobile industry has greatly increased the sales volume of enameled wire and automobile wire. In the next few years, its demand will continue to grow by about 10%.
Nowadays, all walks of life are actively transforming and upgrading, and the cable industry is no exception. The combination of traditional industries and emerging network platforms is one of the best transformation strategies. It can not only greatly reduce the purchase cost of enterprises, but also help enterprises to integrate with international standards and reduce market barriers. Experts predict that for a long time in the future, the combination of traditional industries and modern information technology is a forward-looking choice