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Comprehensive Analysis of the Wire and Cable Industry
Release Time：
2024-04-03
Cables are essential foundational products for transmitting electrical (magnetic) energy, transmitting information, achieving electromagnetic energy conversion, forming automated control circuits, and manufacturing various electrical equipment. The main structure of cables is "conductor+insulation+sheath". The conductor is generally made of copper, aluminum or its alloy, while the insulation and sheath are generally made of materials such as rubber, polyethylene, polyvinyl chloride, etc
Cables are essential foundational products for transmitting electrical (magnetic) energy, transmitting information, achieving electromagnetic energy conversion, forming automated control circuits, and manufacturing various electrical equipment. The main structure of cables is "conductor+insulation+sheath". The conductor is generally made of copper, aluminum or its alloy, while the insulation and sheath are generally made of materials such as rubber, polyethylene, polyvinyl chloride, etc.
The cable industry is a fundamental industrial industry, with products widely used in various fields of production and life such as energy, transportation, communication, automobiles, and petrochemicals. It provides important supporting facilities for various industries, national defense construction, and major construction projects. It is the "artery" and "divine economy" of the national economy, and the basic guarantee for the normal operation of modern economy and society. The cable industry is the second largest industry in China, second only to the automotive industry, and occupies an extremely important position in the national economy.
From the perspective of global cable technology development, currently and for a long period of time in the future, the standards for evaluating the technical level of cable products mainly include large capacity, ultra-high voltage, high temperature resistance, short circuit resistance, no harmful gas generation, maintenance free, environmental protection and energy conservation, etc. The United States, Japan, and EU countries have all banned the production, import, or use of low-end cable products that do not meet relevant safety, non-toxic, and environmentally friendly recycling requirements.
In recent years, with the rapid development of China's economy, the scale of industries such as power, communication, energy, and transportation has been continuously expanding, and the demand for cables has grown rapidly. China's cable industry has also grown and entered a period of leapfrog development. According to the "Guiding Opinions on the Development of China's Cable Industry during the 13th Five Year Plan" (2016-2020) released in September 2016, during the 12th Five Year Plan period, China's cable industry economy maintained a stable growth trend, with an increase in export scale. The production of metal conductors and fiber usage of major cable products continued to rank first in the world. The overall development foundation of the industry has been strengthened, and its comprehensive strength has been further enhanced.
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