Wire and cable key development direction and production base distribution

In recent years, China's optoelectronic cable market has been growing at an annual rate of 15% to 20%. The position of the wire and cable industry in China's machinery industry is second only to the automotive industry, and China is second only to the United States. Large wire and cable producers.

However, the global wire and cable market has become more mature in the near future, and the wire and cable manufacturing industry has slowed down, with little growth. With the changes in the external environment and the impact of internal competition, the world wire and cable industry has entered the pattern of several giant giant monopolistic competition, and it has been wandering around the world. Almost at the same time as South Korea's LS Group announced its entry into China, the world’s leading cable manufacturer, Nexans, announced that the new plant, Nakson (Shanghai) Cable Co., which invested EUR 2,200, has officially started in April, marking the world's advanced special The cable began to be produced in China. Previously, the high-end cables needed in the Chinese market were almost all dependent on imports. Although there are as many as 7,000 local Chinese manufacturers, almost all of them are concentrated in the low-end market and seize the market by low prices. This has also become a bottleneck for the development of domestic enterprises. At present, in the field of high-grade cables with large profit margins, the Chinese market has been completely seized by transnational giants.

The financial crisis was a major impact on the development of the wire and cable industry. The development of the industry was at a low point. It was also a baptism of the concept of wire and cable.

Companies use "Miji" to expand production and face challenges, and wire and cable companies review the situation and actively respond to it. Some enterprises closely followed the market demand, accelerated scientific and technological innovation, and actively adjusted the product structure; some enterprises took the initiative to change their marketing methods, adhered to "walking on two legs," and intensified market development efforts; some companies strengthened internal management and strengthened employee training. Hard-working skills; Some companies seize low-cost opportunities, increase investment, and actively launch new projects.

In response to the international financial crisis, the central government has issued a series of policies to expand domestic demand, launched a two-year investment plan totaling 4 trillion yuan, formulated and implemented plans for the adjustment and revitalization of key industries, and will continue to provide electricity, railways, transportation, and Energy, communications, and shipping industries maintain large investment scales. According to market analysis, the sales revenue of wire and cable in the country will exceed 600 billion yuan this year. In the past three years, the average annual growth of power wires and cables is above 15%. This undoubtedly brings new opportunities for the transformation and upgrading of wire and cable industries.