Types Of Cables With Hot Market Demand in Recent Years

Dec 13, 2021

As the basic accessory of the industry system, 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, the inter provincial networking in the north, central and south of China and the gradual realization of the whole country, and the large-scale application of EHV and large capacity overhead lines (750kV lines in the northwest and 500kV lines in other areas) will increase the overhead lines by 10% month on month. In addition, the demand for medium voltage 10 ~ 35kV Cable Products will also increase significantly, or increase at a chain rate of 8-10%. At present, the adoption of double ring network power supply in large cities and the improvement of underground cable utilization rate in downtown areas will greatly increase the use of medium voltage cables. At present, most urban planning departments emphasize the power supply of underground cables in urban areas, and some cities have included this requirement in local regulations, which brings great opportunities to medium voltage distribution cables.

The output value of building 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 the planet of residential buildings, office buildings and shopping malls, a large number of various cable products will be used. At the same time, with the increasing requirements of consumers for living conditions, the intelligent demand of housing and the construction of various professional networks have brought a great market to wires and cables. It is expected that the output value of building wiring will exceed 15% in the wire and cable industry in the future.

The new energy power cable market department should not be underestimated

With the rapid development of the new energy industry, the new energy cable product market can not be underestimated. Taking nuclear power as an example, the new energy industry will receive more and more government support in the next few years. Technological progress will make the use cost of new energy declining, and the 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 from keeping up with the needs of the development of electric vehicles, "charging difficulty" is the biggest bottleneck of electric vehicles in China. Incentive policies for charging pile construction will be accelerated. Tesla's patent disclosure will help the development of new energy vehicle industry.

The solar photovoltaic cable market will also benefit

The solar photovoltaic industry has also attracted the attention of many investors. The development potential of the solar photovoltaic industry is infinite, and the power injected into the cable industry is also infinite. The solar photovoltaic industry has moved from a large photovoltaic manufacturing country to a large photovoltaic installation country in China. At present, the development of domestic photovoltaic power stations mainly includes ground power stations and distributed photovoltaic power stations. For ground power plants, some industry experts believe that the mature business model is the most beneficial link in the current industrial chain.

Automobile wires and cables will continue to grow

In addition, urban development will drive the development of urban rail transit and promote the application of various flame retardant cables. Electric lighting cables for tunnels and subway stations are also a highlight. With the rapid development of domestic enterprise industry, it will also bring rapid development to automobile wire and enamelled wire. For example, there are two main types of wires used in automobile and motorcycle industry: enamelled wire and automobile wire. The automobile industry has greatly increased the sales 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 good transformation strategies. It can not only greatly reduce the procurement cost of enterprises, but also help enterprises to be in line with international standards and reduce market barriers. Experts predict that the combination of traditional industries and modern information technology will be a forward-looking choice for a long time in the future