In 2013, the wire and cable industry ushered in new business opportunities

Talking about 2012, it is estimated that many wire and cable industry owners have to sigh. In 2012, it was an embarrassment for China's wire and cable industry. The domestic cable companies generally have insufficient operating capacity and excess production capacity, and even caused the industry to worry about closures.

With the advent of 2013, China's wire and cable industry will usher in new business opportunities and markets. In 2013, it is definitely the year of the color and cable industry. Some people may think that this kind of judgment is overly optimistic. This kind of optimism is not groundless, but it has a realistic basis for judgment. First, the current global wire and cable market scale has exceeded 100 billion euros, of which the Asian market accounted for 37%. At present, the scale of the global wire and cable market has exceeded 100 billion euros. In the global wire and cable industry, Asia's market size accounts for 37%, European market is close to 30%, the American market accounts for 24%, and other markets account for 9%. Among them, although China's wire and cable industry plays an irreplaceable role in the global wire and cable industry, and as early as 2011, the output value of China's wire and cable companies has surpassed that of the United States, ranking first in the world.

On the other hand, the demand for cables from urban rail transit increases: With the advent of 2013, the Chinese wire and cable industry will usher in new business opportunities and markets. In 2012, the National Development and Reform Commission approved rail transit construction plans for multiple cities across the country, with a total investment of over 800 billion yuan. The content of the approval involved 19 cities in the country, two regions and one line. The National Development and Reform Commission has intensively approved urban rail transit projects. The scale and investment are rare. It is reported that the wire and cable used in urban rail locomotives is mainly flame-retardant, which is determined by its safety and working environment. This provides a broad market for all types of flame-retardant wire and cable. The strong demand for rail transit has brought opportunities for the development of wire and cable market; along with the continuous expansion of China's power industry, data communications, and urban rail transit industries, the demand for wire and cable has also shown a sharp increase, driving China's wire and cable industry. development of.

Secondly, the development of new energy markets will also bring new opportunities for the wire and cable industry. The “Twelfth Five-Year Plan” encourages the support of new energy construction. With the establishment of a large number of new energy projects such as nuclear power, photovoltaics, wind power, offshore wind power, etc. Cables and submarine cables have ushered in new opportunities for development; the development of electric cars and related equipment will also contribute to the development of the wire and cable industry: the state is encouraging the use of new energy vehicles, especially the technology of charging vehicles is more mature, and more It has been greatly promoted. Therefore, the demand for charging station cables and automobile wiring harnesses will surely increase, which will strongly promote the development of automotive cables.

Based on these points, the domestic cable companies seem to be optimistic. However, if we observe the industry clearly, we should choose cautious optimism. Although the overall cable market is very large, there are not many cable companies that can support such a large market. Except for a few large enterprises, domestic cable companies are almost always following the route of lower quality brands. This made the entire cable market into a messy situation. Compared with the wire and cable industry in Europe and the United States, China is still in a big but not strong situation, and there is still a big gap with foreign well-known wire and cable brands.