1. The global cable market is mature and the Chinese market has great potential for development

From the perspective of market supply and demand, the global wire and cable market has matured and its growth has been slow. Tracking analysis of the development of wire and cable property from international and domestic shows that as long as the economy of a certain country or region is growing, especially in the process of industrialization and socialization, the growth of wire and cable output value in that country will be at the rate of GDP growth. on. China's per capita GDP is far lower than that of developed countries, and the per capita cable usage is far lower than that of medium-developed countries in Europe, and even lower than that of Latin America and other developing countries. The market potential for China's wire and cable consumption still has much room for development.

2, Cable World Structure

Internationally, Europe is constantly at the leading level among global cable and wire manufacturers. These are mainly attributed to the large investment of French wire and cable giants in production research and development. On the other hand, 70% of the production cost of wire and cable depends on raw materials and Technology, labor cost is less than 10%, so the labor cost advantage of Asia has not been able to achieve sufficient performance in the global wire and cable industry competition.

3. The direction of global cable development-more environmentally friendly

Environmental protection is the last thing that our industrial development must face. Development cannot be unlimited, and the same is true for the wire and cable industry. Therefore, the topic of environmental protection has increasingly become the main theme of global cable manufacturers' research and development, and it is also the common face of cable manufacturers. Due to external pressure, the United States, Japan, and Europe are leading positions in the development and manufacture of environmentally friendly cables, and their production skills are relatively mature.

4. Actively respond to the direction of market development

Restrict the use of harmful substances such as lead, mercury, cadmium, hexavalent chromium, polybrominated diphenyl ethers, and polybrominated biphenyls in newly-launched electrical and electronic equipment; in Japan, after Fujikura Cable opened up environmentally friendly cables, only Actively promoting and developing the theme of environmentally friendly wires and cables together will be more marketable. What we need to do is that the wires and cables used in various electrical appliances must pass the corresponding environmental certification.