In the new energy era, the new energy cable industry has new opportunities

2023/06/25
Author: EVCOME-EV Chargers Manufacturers

Looking at the energy strategies of developed countries in the world in recent years, the development of new energy has become an important energy layout for developed countries in the world. Countries around the world have reached a consensus on developing the new energy cable industry and vigorously promoting a low-carbon economy. After several years of development, my country's new energy industry has undergone major changes in terms of policy environment, technology and market environment. The new energy industry has been recognized as a key strategic emerging industry in China and has been questioned. With the advancement of technology and the increase in the number of enterprises, the industrial competition environment is becoming more and more fierce, and the domestic mature market is increasingly driving the industrial development. The development and utilization of new energy in my country has become a hot industry in recent years where various types of capital compete, and the development situation is in full swing. In full swing, the new energy industry is becoming China's sunrise investment industry. In the next five years, driven by national policies and new energy technologies, China's new energy industry will continue to maintain a good development trend. At the same time, the market for new energy cables such as wind power cables, nuclear power cables, and photovoltaic cables is developing rapidly. Although China is a big cable country, it is not a big cable country. my country's cable industry is still in a state of emerging, low technological level, weak independent innovation capability, unreasonable product structure, overcapacity of middle and low-end products, and low production ratio of high-tech content and high value-added products. In this context, technological innovation is imperative, new energy cables have emerged as the times require, and the market prospect is good. Although the outlook is optimistic, the investment of enterprises needs to be rational and not too blind, resulting in overcapacity. At present, many large cable companies have expressed the idea of ​​entering the field of new energy special cables. These enterprises not only have a certain technical foundation, but also have abundant funds. Therefore, avoiding repeated investment and overcapacity will become a problem that the new energy cable industry must face. For the new energy cable market itself, the market determines the development of enterprises and the transfer of research and development direction. At present, the development of the new energy industry is still immature, there are many aspects that need to be improved, and investment in new energy cables needs to be cautious. Once there are too many companies participating in the field of new energy cables, a vicious price war will be triggered, which will easily lead to companies reducing costs for their own interests, and ultimately make it difficult to guarantee product quality, forming a vicious circle. Wire and cable enterprises should increase investment in R&D and production technology, provide more products with independent intellectual property rights, standardize the market, maintain a healthy and orderly development of the market, and improve the international competitiveness of the entire Chinese cable market, in order to achieve China's goal of becoming a cable power contribute to dreams. .

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