As a basic accessory of the industry system, cables are widely used. Therefore, in the context of rapid economic development in China, the cable market prospect is also very impressive. In the next few years, there will be considerable development in some cable markets, and some cable products will usher in broad market demand.
The use of overhead lines will increase significantly
At present, China's northern, central and southern inter-provincial interconnection and the gradual realization of the whole country, the large number of ultra-high voltage, large capacity overhead lines (750KV line in the northwest, 500KV line in the rest of the region) will increase the overhead line by 10%. In addition, the demand for medium-voltage 10-35KV cable products will also increase significantly, or increase at a chain rate of 8-10%. Currently, the use of double-loop power supply in large cities and the increase in the 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 greater opportunities for medium-voltage distribution cables.
The output value of construction wiring will exceed 15%
In recent years, despite the cold real estate industry, the construction industry, as an important industry in the 21st century, will bring opportunities for construction wires and cables for other electrical equipment. Whether it is residential houses, office buildings and shopping malls, a large number of various cable products will be used. At the same time, with the increasing demands of consumers for living conditions, the intelligent demand of housing and the construction of various professional networks have brought a huge market to wire and cable. It is expected that the future output value of building wiring will exceed 15% in the wire and cable industry.
The new energy cable market department should not be underestimated
With the rapid development of the new energy industry, the market for cable products for new energy is also not to be underestimated. Taking nuclear power as an example, in the next few years, the new energy industry will receive more and more government support. And technological progress will make the use cost of new energy continue to decline, and the economic value and social environmental protection benefits are 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 China, will continue to be strongly supported by policies and have good prospects for development. At present, the number of charging piles in China is far from keeping up with the needs of the development of electric vehicles. "Difficult to charge" is the biggest bottleneck of electric vehicles in China. The encouragement policy for charging pile construction will be accelerated. Tesla's open patents 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 the power to be injected into the cable industry is also endless. The solar photovoltaic industry is shifting from a large photovoltaic manufacturing country to a large photovoltaic installation country in China. At present, domestic photovoltaic power station development mainly includes ground power stations and distributed photovoltaics. For ground power stations, some industry experts believe that the mature business model is the most beneficial link in the current industrial chain.
Automotive electrical cables will continue to grow
In addition, the development of the city will drive the development of urban rail transit and 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 to automotive wires and enameled wires. For example, there are two main types of wires used in the automotive and motorcycle industries: enameled wires and wires used in automobiles. The automotive industry has greatly increased the sales of enameled wires and automotive wires. In the next few years, its demand will continue to grow by about 10%.
Today, 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 strategies for transformation. It can not only 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 period of time in the future, the combination of traditional industries and modern information technology is the prospective choice