What is the prospect of the new energy charging pile cable and cable industry?

2023/06/23
Author: EVCOME-EV Chargers Manufacturers

1. The global cable market is mature, and the development potential of the Chinese market is huge. From the perspective of market supply and demand, the global wire and cable market tends to mature, and the growth rate is slow. The tracking analysis of the development of the wire and cable industry at home and abroad shows that as long as the economy of a certain country or region is growing, especially in the process of industrialization and socialization, the growth of the country's wire and cable output value will be above the GDP growth rate. China's per capita GDP is far lower than that of developed countries, and its per capita cable consumption is far lower than that of Europe's moderately developed countries, and even lower than that of Latin America and other countries. The market prospect of China's wire and cable consumption still has a lot of room for development. 2. The world structure of cables In the international arena, Europe has always been at a relatively high level among global cable and wire manufacturers. These are mainly due to the large investment in production research and development by leading companies in the French wire and cable industry; 70% of the cost depends on raw materials and processes, and the labor cost is less than 10%. Therefore, Asia's labor cost advantages cannot be fully reflected in the competitive landscape of the global wire and cable industry. 3. Global cable development direction——More environmental protection is something that our industrial development will eventually face. Development cannot be unlimited, and the same is true for the wire and cable industry. Therefore, the theme of environmental protection has increasingly become the main theme of research and development of global cable manufacturers, and it is also the common theme of cable manufacturers. In the face of external pressure, the United States, Japan, and Europe are in relatively high positions in the research and development and manufacturing of environmentally friendly cables, and their production skills are relatively mature. 4. Actively respond to the direction of market development evcome (Shenzhen) Technology Co., Ltd. is a manufacturer specializing in the research and development of new energy charging pile cables. The main products include: new energy vehicle cables, new energy power exchange cabinet cables, and new energy vehicle EV cables , ev charging pile cables, charging pile cables, energy storage cables, signal lines, drive lines, module lines and other products. With advanced production technology, the products have good flame retardancy, high conductivity, safety and energy saving, actively promote and jointly develop the theme of environmentally friendly wire and cable, and help new energy charging piles achieve breakthrough fast charging, so that there will be more market. .

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