The types of cables that have been in great demand in the market in recent years

As the basic accessories of the industry system, cables are widely used. Therefore, with the rapid development of my country's economy, the prospects of the cable market are also very promising. In the next few years, some cable markets will develop rapidly, and some cable products will usher in a large market demand.  

The use of overhead wires will grow significantly

At present, cross-provincial interconnection in the north, central and south of China and the gradual realization of the whole country. The large-scale application of ultra-high voltage and large-capacity overhead lines (750KV lines in the northwest and 500KV lines in other areas) will cause overhead lines to have a 10% month-on-month growth. In addition, the demand for medium voltage 10-35KV cable products will also increase significantly, or grow at a month-on-month rate of 8-10%. At present, the adoption of double-ring power supply in large cities and the increase in the underground cable rate in urban areas will greatly increase the use of medium-voltage cables. At present, most urban planning departments have emphasized the power supply of underground cables in urban areas, and some cities have included this requirement in local regulations, which brings greater opportunities to medium-voltage distribution cables.  

The output value of building wiring will exceed 15%

In recent years, despite the decline of the real estate industry, the construction industry, as an important industry in the 21st century, will bring opportunities for building cables and other electrical equipment cables. Whether it is residential housing, office buildings or shopping malls, a large number of various cable products will be used. At the same time, as consumers' requirements for living conditions continue to increase, the demand for intelligent housing and the construction of various professional networks have brought a huge market for 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 market for new energy power cables should not be underestimated

With the rapid development of the new energy industry, the market for new energy cable products cannot 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 continue to reduce the cost of using new energy, and its economic value and social and environmental benefits will 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, new energy vehicles, as an important measure to control air pollution in my country, will continue to receive strong support from policies and have good development prospects. At present, the number of charging piles in our country is far from keeping up with the development needs of electric vehicles. "Charging difficulty" is the biggest bottleneck of electric vehicles in our country. Policies to encourage the construction of charging piles will be accelerated. Tesla's disclosure of patents will help the development of the 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 endless, and it will also inject endless power into the cable industry. The solar photovoltaic industry is due to China's transformation from a photovoltaic manufacturing powerhouse to a photovoltaic installation powerhouse. At present, the development of domestic photovoltaic power stations mainly includes ground power stations and distributed photovoltaics. For ground power stations, some industry experts believe that the business model is mature and it is the most benefited link in the current industrial chain.

Automotive cables will continue to grow

In addition, the development of cities 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 enterprises and industries, automotive wires and enameled wires will also develop rapidly. For example, there are two main types of wires used in the automotive and motorcycle industries: enameled wires and automotive wires. The automotive industry has greatly increased the sales of enameled wires and automotive wires, and in the next few years, their 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 costs of enterprises, but also help enterprises to keep pace with the international market and reduce market barriers. Experts predict that for a long time in the future, the combination of traditional industries and modern information technology will be a forward-looking choice.