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Brief Discussion On The Current Situation Of Domestic Cable Industry Market
- May 18, 2017 -

Wire and cable is used to transmit electromagnetic energy, information and the realization of electromagnetic energy conversion wire products. Widely used in various departments of the national economy, for various industries, national defense construction and major construction projects to provide important support.

China's wire and cable industry in a large number of technology introduction, digestion and absorption and independent research and development on the basis, has formed a huge production capacity, product variety satisfaction and domestic market share of more than 90%. Wire and cable manufacturing enterprises in the market competitiveness has obvious advantages, the market develops rapidly.

At present, China's wire and cable industry market competition is fierce, most of the domestic small and medium-sized enterprises using price competition. Wire and cable enterprises lack of development stamina, independent innovation ability, in the relatively low value-added technology in the low-priced wire and cable market, the auction of prices are fairly common.

With the global wire and cable market matures, the development of wire and cable manufacturing slowdown, the growth rate is not small, demand decline, cable companies are relatively surplus capacity, lower prices, increased competition among enterprises, coupled with the major increase in copper, aluminum, plastics and other factors, resulting in many cable enterprises to develop difficult.

International Cable enterprises use the merger and reorganization of enterprises, external expansion and transfer of production bases and other ways to occupy the market, in the international market share a larger.

Industry relevant personage Introduction, in recent years foreign wire and cable enterprise enters, further aggravate the domestic wire and cable industry market competition.

China's wire and cable industry in a large number of technology introduction, digestion and absorption and independent research and development on the basis, has formed a huge production capacity, product variety satisfaction and domestic market share of more than 90%. Wire and cable manufacturing enterprises in the market competitiveness has obvious advantages, the market develops rapidly.