China's wire and cable industry situation and investment prospects Market Analysis
The past two years, China's wire and cable market capacity continues to expand, sustained growth in domestic cable industry development scale, profit driven innovation capability has led to corporate entities behind. Right now the low-end cable oversupply in the domestic market, while the high-end specialty cable has more scarce. In the cable industry concentration is low, force dispersion technology, product technology content is not high in the background, in-depth study will be special cables and cable companies have the market competitiveness of magic.
Special cable that has a special purpose, can in particular cable occasions, such as can high temperature, acid, anti-termite, and wire and cable in the ship aircraft used by nuclear power plants and other occasions. Special cables are a series of products with unique properties and special structure, with respect to a wide range of large wire and cable general terms, with high technological content, more stringent conditions, a smaller volume, higher value-added features. Often using new materials, new structures, new technology and new design calculation
According to the Investment Adviser Industry Research Center released "2016--2020 China's wire and cable industry investment analysis and forecast report (upper and lower volumes)," the national wire and cable industry with annual sales of only a very few companies able to reach 20 billion yuan, a handful the company's brand recognition or to get high visibility in the international arena. Wherein the manufacture of specialty cable specialty materials still need to import. In particular, when the core equipment of major projects need special supporting cables rely on imported specialty materials imported has restricted the development of China's cable industry's bottleneck.
With the rapid development of China's telecommunications, high-end equipment manufacturing and other industries, the demand for special cables substantial growth, while imports cable products are expensive, long lead times, which makes the development costs of a substantial increase in high-end manufacturing, to a certain extent It restricted the development of these industries. Currently. Urgent need to develop the domestic market of specialty cable products are: aerospace with cable, data bus cables, shipboard cables, rolling stock cables, communication cables with high frequency, urban rail with cables. In addition, as thoroughly implement the concept of sustainable development, environmental protection, safety, energy-saving, China's special cable industry is facing good opportunities for development, and therefore, do not blindly follow the trend of the low end of the cable into the cycle of price competition in the market, developed special cable is scarce cable business development feel.
To further enhance safety, economic security and national security, the more strong demand for our specialty cable products, the national industrial policy clearly will be of major projects in the priority use of domestic own-brand products, the industrial environment is very conducive to domestic special cable companies development of. Insiders suggested that the state should continue to strengthen investment and policy support cable materials research and development efforts. Related science and technology department with the state key projects and special materials needed for special cable, the establishment of special funds, manufacturers and users to organize joint development, to meet the production needs of special cables; increase efforts to develop specialty materials science and technology, and investment by the government come forward to organize research and development capabilities of plant, which, subject institutions to form a joint research group, and the inclusion of science and technology development plan.
With the advent of "Thirteen Five", China's cable business is facing good development prospects, at the same time, the industry's restructuring task is very arduous. Gradually from the production of low-end products only to the development of special conversion cable, the cable industry will be to maintain our sustained, stable and healthy development of the key.