Flexible cable industry trends

With sustained and rapid growth, China's economic, flexible cable industry provides a huge market space, although faced with copper, aluminum, and other raw materials prices and foreign multinational flexible cable giant backlog and other unfavorable factors, however, the introduction of China's the Eleventh "five years plan", in the next five years, electric power, railway, rail transportation, energy, transportation, construction, shipbuilding, automobile, and other industries continue to maintain a larger scale of investment is bound to the flexible cable industry many rare opportunities, it will still be a promising sunrise industry in China.

In 2006 China's flexible cable industry realize a cumulative total industrial output value of 4569 billion yuan, an increase of 46% compared to the same period in 2005. Throughout the year achieved total product sales revenue of 443.3 billion, an increase of 46% compared to the same period in 2005, and the annual cumulative total profit of $19.4 billion, compared with the same period in 2005 growth of 47%.

But at the same time, China's cable industry is also facing a huge challenge. With the changes and effects of the external environment of market competition, the flexible cable industry in the world has formed several monopoly patterns; the second is the major raw materials prices rose sharply, leading to flexible cable enterprise monetary tightening, the capital turnover is slow. Especially foreign special cable products entering the Chinese market, more intense competition the drama, some enterprises have been facing a crisis of survival.

From ordinary cable to special cable, a special cable is used on special occasions and functions also have special characteristics, such as high-temperature resistance, acid, alkali, and - termites. Among them, the high-temperature flexible cable is mainly used in energy development, steel, aerospace, petroleum exploitation and metal smelting, and other fields. The cooling effect of the low inductance cable is good, the cooling water flow is big, but it can't stop and limit current. Low noise cable is mainly used in the medical, industrial, defense, and other fields of micro signal measurement, and can detect bass. The function of a flexible cable and a new type of green environmental protection cable.

According to the 2013-2017 China special cable industry market outlook and investment strategy planning analysis report "shows: special cable in the next few years will have more kinds of market and his role to the social development and progress will also more and more important.