The shipbuilding industry brings huge business opportunities to the marine cable market

     The rapid development of China's shipbuilding industry has also brought new opportunities for development to ship supporting manufacturers, and has undoubtedly provided a broad market for the marine cable manufacturing industry.

     With the development of the economy, my country's merchant shipping capacity is far from meeting market demand, and more new shipbuilding is needed to inject new impetus. The rising freight rate index also makes shipbuilding companies confident in investing in new shipbuilding. In the next 5 to 15 years, the role of the shipbuilding industry in my country's industrial economy will be highlighted. The development of my country's shipbuilding industry can be said to be prosperous, in full swing, and full of drama. The wire and cable industry, which is in the upstream of the industrial chain, has enough to deal with this. focus on.

     The market demand for marine wires and cables is huge, and a large amount of special wires and cables are needed. The added value is relatively high. The prospects for wire and cable companies to develop marine products are promising.

     The development of the shipbuilding industry will bring vitality to marine cables, and at the same time, the upgrading of marine cables will be accelerated. As the nerves and blood vessels of the ship, wires and cables are directly related to the safety, reliability, advancement and combat capabilities of the ship. Modern ships have accumulated more than tens of kilometers of cables of various specifications. In Europe, the popularity of oil tanker vacations has stimulated the construction of oil tankers. Each oil tanker must lay more than 1,000 kilometers of insulated cables throughout the ship.

     Due to the particularity of the ship's environment, the cables used are basically halogen-free and low-smoke special cables. There are various types. They should usually be fireproof, waterproof, non-toxic, and easy to transport. Longitudinal water-sealed cables and umbilical cables will be widely used, and special wires and cables such as low-smoke cables and flexible wires, marine power cables, and marine communication signal cables will also come into play. In addition, the construction of related facilities such as ship repairs and docks will also be used. Provide unlimited business opportunities for other commonly used wires and cables.

     In addition, there are special cables (wires, cables and optical fiber cables) for military ships and underwater vehicles (torpedoes, decoys, reconnaissance devices), and the market prospects are bright. Marine cables can be divided into two types: wires and cables for civilian ships and wires and cables for warships. At present, wires and cables for civilian ships account for the first place in the shipbuilding industry, but the technical requirements are particularly high.

     From the perspective of use, we can divide marine cables into the following three types:

     1. Use of marine power cables: used for power, lighting and general control of various ships in rivers and seas and offshore oil platforms and other water structures.

     2. Marine control cable use: used for general control of various ships in rivers and seas and offshore oil platforms and other water structures.

     3. Use of marine communication cables: used in signal transmission and control systems in various communication, electronic computers, and information processing equipment.

     It can be seen that in the golden period of rapid development of the shipping industry, the demand for marine cables is increasing, but the development potential is also great. Because it is a marine cable, it has high technical requirements, so the necessary investment in new technologies will yield more gains.

The wire and cable industry is China's second largest industry after the automobile industry, with product variety satisfaction rates and domestic market share exceeding 90%. Globally, China's total output value of wires and cables has surpassed the United States, becoming the world's largest producer of wires and cables. With the rapid development of China's wire and cable industry, the number of new companies continues to rise, and the overall technical level of the industry has been greatly improved.

Although the wire and cable industry is only a supporting industry, it accounts for 1/4 of the output value of China's electrical industry. It has many product types and a wide range of applications, involving power, construction, communications, manufacturing and other industries, and is closely related to various sectors of the national economy. Wires and cables are also known as the "arteries" and "nerves" of the national economy. They are indispensable basic equipment for transmitting electrical energy, transmitting information, manufacturing various motors, instruments, and meters, and realizing electromagnetic energy conversion. They are the indispensable basic equipment for future electrification, information necessary basic products in a modernized society.

Data show that at present, the global wire and cable market has exceeded 100 billion euros. Within the global wire and cable industry, the market size in Asia accounts for 37%, the European market is close to 30%, the American market accounts for 24%, and other markets account for 9%. . Among them, although China's wire and cable industry plays an irreplaceable role in the global wire and cable industry, and as early as 2011, the output value of Chinese wire and cable companies has surpassed that of the United States, ranking first in the world. But objectively speaking, compared with the wire and cable industry in Europe and the United States, my country is still large but not strong, and there is still a big gap with well-known foreign wire and cable brands.

In 2011, the sales output value of China's wire and cable industry was 1,143.8 billion yuan, exceeding one trillion yuan for the first time, with an increase of 28.3%, and a total profit of 68 billion yuan. After entering 2012, the sales output value of the national wire and cable industry from January to July was 671.5 billion yuan, with a total profit of 28.1 billion yuan. The average profit was only 4.11%. The industry profit was already lower than the average profit of China's electrical industry of 4.88%. Compared with 2011, there was A significant decline. Even so, this profit is still based on counterfeiting, shoddy goods, and poor quality. This phenomenon further illustrates that China's wire and cable industry is full of crises. Although it opened up in 2013 with the advancement of industrialization, There is a vast market, but the development situation within the company and the industry is not optimistic.

The sustained and rapid growth of China's economy has provided a huge market space for wire and cable products. The strong temptation of the Chinese market has made the world focus on the Chinese market. In just a few decades of reform and opening up, China's wire and cable manufacturing industry has The huge production capacity formed has impressed the world. As China's power industry, data communications industry, urban rail transit industry, automobile industry, shipbuilding and other industries continue to expand, the demand for wires and cables will also grow rapidly. The wire and cable industry still has huge development potential in the future.