New opportunities for the cable industry in the new energy era

2023/06/26
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. The international community has formed a consensus on developing new energy industries and vigorously promoting low-carbon economy. Over the years, great changes have taken place in the development of China's new energy industry, whether it is the policy environment, technology, or market environment. In our country, the new energy industry has become one of the national key and strategic emerging industries. Due to the advancement of technology and the increase in the number of enterprises, the industrial competition environment is becoming increasingly fierce, and the increasingly mature domestic market is increasingly stimulating the development of the industry. The development and utilization of new energy has become a hot industry in recent years that various capitals are chasing after in our country, and the development situation is on fire. As mentioned earlier, the new energy industry is becoming a sunrise investment industry in my country. In the next five years, under the impetus of national policies, the new energy industry will continue to maintain a good development trend driven by new energy technologies. At the same time, emerging energy cable markets such as wind power cables, nuclear power cables, and photoelectric cables are also developing rapidly. Although our country is a big cable country, it is not a big cable country. At present, my country's cable industry is still facing problems such as low technology, weak independent innovation ability, unreasonable product structure, overcapacity of middle and low-end products, high technology content, and low proportion of high value-added products. Based on this background, technological innovation must be carried out, and new energy cables have emerged as the times require, and the market prospect is promising. Despite the optimistic outlook, corporate investment needs to be rational and not blind, leading to overcapacity. Now, many large cable companies have put forward the idea of ​​entering the field of new energy special cables. These companies not only have a certain technical foundation, but also have strong financial strength. Therefore, avoiding repeated investment and overcapacity will become a difficult problem for the new energy cable industry. As far as the new energy cable market itself is concerned, the market determines the development of enterprises and the transfer of research and development directions. At present, the development of new energy industry is still immature, and there are still many areas to be improved. Investment in new energy cables needs to be cautious. If there are too many participating companies in the field of new energy cables, it will inevitably lead to a vicious price war. In this way, it is easy for companies to reduce costs for the sake of profit, and ultimately make it difficult to guarantee product quality, forming a vicious circle. Increase investment in R&D and production technology of cable companies, provide more products with independent intellectual property rights, standardize the market, maintain the healthy and orderly development of the market, improve the overall international competitiveness of China's cable market, and add strength to the dream of China's cable power . .

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