Future development trend of high voltage power cable industry

Future development trend of high voltage power cable industry

With the rapid development of electric power, petroleum, chemical industry, China city rail transportation, automobile, shipbuilding and other industries and the expansion of the scale, especially in power grids, accelerate UHV projects have been put into construction, wire and cable industry is growing rapidly, in 2006 -2010 the average annual growth rate of 27.62%, far exceeding the growth rate of GDP. The total industrial output value of the wire and cable manufacturing industry has risen from 413 billion 161 million yuan in 2006 to about 925500000000 yuan in 2010. China has become the country with the largest scale of wire and cable manufacturing and the largest market consumption in the world.

In recent years, China's wire and cable manufacturing industry total industrial output value accounted for the proportion of GDP increased year by year, exceeding 2% in 2007, 2009 by the international financial crisis has declined, by the end of 2010, the proportion reached 2.31% level, wire and cable industry is becoming more and more important in the National economy.

The number of wire and cable enterprises in China is small and the size of the industry is small, and the concentration of the industry is low. Its performance is: China's wire and cable industry has more than 9000 large and medium-sized enterprises, and in 2010, 4765 large scale (5 million or more) wire and cable enterprises, 29 large enterprises, the market share is only 14%. This highly decentralized pattern is not only difficult to achieve economies of scale, but also aggravates the overcapacity of production and the excessive competition in the market.

The distribution of enterprises in China's wire and cable industry is also very obvious, mainly concentrated in East China, central China and North China, while the proportion in the central and western regions is relatively small. The cable industry in East China is the most prominent, occupying the half of the industry, and has a relatively obvious advantage in scale strength and income benefit.

The capital structure of China's wire and cable industry is becoming more and more diversified. The position of state owned and state holding enterprises in the industry is weakening. The proportion of private and foreign investment has increased significantly. In the field of production of medium and low voltage wire and cable, the domestic private enterprises have become the leading force in the industry. According to the statistics in 2010, the share value of private holding enterprises in wire and cable industry is 69%, the number of enterprises is 75%, the proportion of employees is 55%, and the proportion of profits and taxes is 71%.

The engineering application of wire and cable are generally used in bidding suppliers, foreign large cable companies because of its technical advantages, is still in a favorable position in the competition in some industries, while private enterprises with technological innovation and cost advantages, flexible mechanism, market share increased gradually, the strength of private economy growing promoted in the industry the operating mechanism of the market.

In the product structure of China's wire and cable industry, power cables, electrical equipment, wires and cables and winding lines are the main parts, and are mainly applied to power, communications, construction, transportation, automobiles, ships, home appliances and other major areas. In the large category of China's wire and cable products, the amount of copper used for power cables, electrical equipment, wires and cables and winding wires accounts for 89% of the total copper consumption of the industry, and the copper consumption of communication cables and other products is relatively low.