As the basic accessories of the industrial system, the cable application is very extensive, so in the case of China's rapid economic development, the cable market prospects are also very impressive. In the next few years, there will be some cable market developments, and some cable products will usher in the market demand.
The use of overhead lines will increase significantly
At present, China's northern, central and southern inter-provincial networking and nationwide gradual realization, the application of ultra-high voltage, large-capacity overhead lines (Northwest 750KV lines, 500KV lines in other areas) will increase the overhead line by 10%. In addition, the demand for medium voltage 10～35KV cable products will increase significantly, or increase by 8-10%. At present, the use of double-ring power supply in large cities and the increase in underground cable rate in downtown areas will greatly increase the use of medium-voltage cables. At present, most urban planning departments have emphasized urban underground cable power supply, and some cities have included this requirement in local regulations, which brings great opportunities for medium voltage distribution cables.
Construction wiring production value will exceed 15%
In recent years, despite the coldness of the real estate industry, the construction industry, as an important industry in the 21st century, will bring opportunities for cables for building lines and other electrical equipment. Whether it is residential or office buildings and the planet of the mall, a large variety of cable products will be used. At the same time, as consumers' demands for living conditions continue to increase, the intelligent demand for housing and the construction of various professional networks bring a huge market to wire and cable. It is expected that the output value of construction 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 market for new energy cable products should 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. The technological advancement will make the use cost of new energy continue to decline, and the economic value and social environmental protection benefits will become increasingly prominent. In the past year, the overall trend of the new energy sector has significantly strengthened against the Shanghai and Shenzhen stock market. 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 be strongly supported by policies and have good development prospects. At present, the number of charging piles in China is far behind the development of electric vehicles. "Difficulties in charging" is the biggest bottleneck of electric vehicles in China. The charging pile construction incentive policy will be accelerated. Tesla's public patents help the development of the new energy vehicle industry.
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 the power to inject into the cable industry is also endless. The solar photovoltaic industry is moving from a large PV manufacturing country to a large PV installation country. At present, the development of domestic photovoltaic power plants mainly includes two types of ground power stations and distributed photovoltaics. For the ground power station, some industry experts believe that the business model is mature, which is the most beneficial link in the current industry chain.
Automotive cable will continue to grow
In addition, the development of the city will drive the development of urban rail transit, which will 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 of automotive wire and enameled wire. For example, the automotive and motorcycle industry lines mainly have two major categories: enameled wire and automotive wire. The automotive industry has increased the sales of enameled wire and automotive 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 strategies for transformation. It not only can greatly reduce the procurement cost of enterprises, but also help enterprises to integrate with the international market and reduce market barriers. Experts predict that for a long time to come, the combination of traditional industry and modern information technology is a forward-looking choice.