As the basic accessories of the industry system, cables are widely used. Therefore, under the condition of rapid economic development in my country, the cable market prospects are also very impressive. In the next few years, there will be considerable development in some cable markets, and some cable products will usher in a 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, the large-scale application of ultra-high voltage and large-capacity overhead lines (750KV lines in the northwest and 500KV lines in the rest of the region) will increase overhead lines by 10% month-on-month. In addition, the demand for medium-voltage 10-35KV cable products will also increase significantly, or at a chain rate of 8-10%. At present, the use of double-loop power supply in large cities and the increase in the rate of underground cables 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 to medium-voltage power distribution cables.

The output value of building wiring will exceed 15%

In recent years, despite the cold in the real estate industry, the construction industry, as an important industry in the 21st century, will bring opportunities to cables for construction and other electrical equipment. Whether it is residential houses, office buildings, and shopping malls, a large number of 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 estimated that the output value of building wiring will exceed 15% in the wire and cable industry in the future.

The new energy cable market department should not be underestimated

With the rapid development of the new energy industry, the new energy cable product market 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. And technological progress will make the cost of using new energy continue to drop, 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 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 for air pollution control in my country, new energy vehicles will continue to receive strong support from policies and have good development prospects. At present, the number of charging piles in my country is far behind the needs of the development of electric vehicles, and "difficulty in charging" is the biggest bottleneck for electric vehicles in my country. Policies to encourage the construction of charging piles will be introduced at an accelerated pace. Tesla's public 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 eyes of many investors. The development potential of the solar photovoltaic industry is endless, and the power that will be injected into the cable industry is also endless. The solar photovoltaic industry is due to the fact that China has moved from a large photovoltaic manufacturing country to a large photovoltaic installation country. At present, the development of domestic photovoltaic power stations mainly includes two types of 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 industry 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 automobile and motorcycle industries: enameled wires and automobile wires. The automobile industry has greatly increased the sales of enameled wires and automotive wires. In the next few years, the 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 strategies for transformation. 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 the combination of traditional industries and modern information technology will be a forward-looking choice for a long time in the future.