Opportunity analysis of cable varieties

With the introduction of a series of wind power industry support policies by relevant national departments, the demand for wind power cables has ushered in a recovery, while the demand for submarine cables has increased significantly, and products such as submarine cables have been favored by the market
.

In fact, as the basic accessories of the industry system, cables are widely used, so under the condition of rapid economic development in China, the prospects of the cable market are also very impressive
.
In the next few years, there will be some cable markets to make great progress, and some cable products will usher in a broad market demand
.

The use of overhead lines will grow significantly

At present, the inter-provincial networking of northern, central and southern China and the gradual realization of the whole country, the application of ultra-high voltage, large-capacity overhead lines (750KV lines in the northwest, 500KV lines in other areas) will make overhead lines increase by 10%
month-on-month.
In addition, the demand for medium voltage 10~35KV cable products will also increase significantly, or increase at a chain rate
of 8-10%.
At present, the use of dual-ring power supply in large cities and the increase in the rate of underground cable in downtown areas will greatly increase the use of
medium-voltage cables.
At present, most urban planning departments have emphasized the power supply of urban underground cables, and some cities have included this requirement in local regulations, which brings great opportunities
for medium-voltage distribution cables.

The output value of building wiring will exceed 15%

In recent years, although the real estate industry has been cold, the construction industry, as an important industry in the 21st century, will bring opportunities
for construction cables and other electrical equipment cables.
Whether it is a residential building, an office building or a shopping mall, a large number of various cable products
will be used.
At the same time, with the increasing requirements of consumers for living conditions, the intelligent demand for housing and the construction of various professional networks have brought a great market
to wires and cables.
It is expected that the output value of building wiring will exceed 15%
in the wire and cable industry in the future.

The new energy power cable market department should not be underestimated

With the rapid development of the new energy industry, the market for new energy cable products should not be underestimated, taking nuclear power as an example, in the next few years, the new energy industry will receive more and more
government support.
Technological progress will make the cost of new energy continue to decline, and the economic value and social environmental protection benefits will become increasingly prominent
.
In the past year, the overall trend of the new energy sector has significantly strengthened the broader market than the Shanghai and Shenzhen stock markets, and we are optimistic about the long-term investment value of the new energy sector and maintain the "recommended" investment rating
.
For example, as an important measure to control air pollution in China, new energy vehicles will continue to receive strong support from policies and have good development prospects
.
For investment in the new energy vehicle industry, we follow the logical relationship of the entire industrial chain according to the diagram, that is, focusing on the whole vehicle, core components, upstream mining resources and charging equipment sectors
.
Power batteries are the core of new energy vehicles, especially in power battery groups and powertrains
.
At present, the number of charging piles in China is far from keeping up with the needs of the development of electric vehicles, and "charging difficulty" is the biggest bottleneck
of electric vehicles in China.
Charging pile construction incentive policies will be accelerated
.
Tesla's patent disclosure will help the development of
the new energy automobile industry.

The solar PV cable market will also benefit

The solar photovoltaic industry has also attracted the attention of many investors, and the development potential of the solar photovoltaic industry is endless, and the power that will be injected into the cable industry is also endless
.
Solar photovoltaic industry due to China's transformation from a photovoltaic manufacturing country to a photovoltaic installed country
.
At present, the development of domestic photovoltaic power plants mainly includes ground power stations and distributed photovoltaics
.
For ground power stations, some industry experts believe that the business model is mature and is the most beneficial link
in the current industrial chain.

The submarine cable market will be favored

In terms of wind power generation, it is due to the recovery
of transmission from the demand side to the supply side.
In order to curb the curtailment of wind and power curtailment and guide the benign development of the industry, relevant national departments have issued a series of support policies, and the wind power industry has ushered in recovery
.
Offshore wind is the future
.
Companies with offshore wind operating experience or supporting capacity for offshore wind turbines and components will benefit
from it.
As an important supporting industry of offshore wind power, the wire and cable industry will be favored by the market for products such as submarine
cables.

In recent years, with the wire and cable manufacturers continue to move firmly towards the high-end cable market and the application of DC transmission technology, successfully driven the production of DC cables, optical fiber composite XLPE DC submarine cable is a category of DC cables, compared with ordinary land cables, its design, manufacturing, construction and installation are relatively difficult and complex, optical fiber composite XLPE DC submarine cable performance, length, intermediate joint and service life including some key technical indicators, determined by the design of the cable, materials, Manufacturing and installation levels
.
At present, only the Swedish ABB company and the French Nexans company have successfully developed this product
.

The true high-voltage direct current (HVDC) transmission technology began in the 2020s, and it was not until 1954, when the world's first high-voltage direct current transmission line connecting Gotland and mainland Sweden was successfully built, that high-voltage direct current transmission technology entered the era
of commercialization.
DC transmission projects are mainly used in wind power generation, power trading, grid interconnection, offshore drilling platform power supply and other fields
.

Automotive electrical cables will continue to grow

In addition, the development of the city will drive the development of urban rail transit, which will promote the application of
various flame retardant cables.
Electric lighting cables for tunnels and metro stations are also a highlight
.
With the rapid development of domestic enterprise industry, it will also bring rapid development
to automotive wire and enameled wire.
For example, there are two main categories of wires used in the automobile and motorcycle industry: enameled wire and automotive wire
.
The automotive industry has significantly increased sales of enameled wire and automotive wire, and demand will continue to increase by about 10% in the next few years
.

Nowadays, while the domestic weak current cable enterprises continue to standardize the industry order and the market environment is gradually healthy, through the continuous improvement of their own strength and the continuous extension of products and services, the cable industry is like China's electronics industry and is booming
.