Recently, a foreign market research agency released China's aluminum alloy ABC cable market report, is expected in the next 5-10 years, China's aluminum alloy ABC cable technology will reach the world class level. By 2025, China's aluminum alloy ABC cable market size is expected to exceed 300000000000 yuan.
In the report, the current, China's aluminum copper rate is still at a low level. And the United States aluminum alloy or Alma Xilin aluminum magnesium silicon alloy instead of copper probability has reached 70% - 75%, in Japan, reached 55% level. But China is only about 3%-5%. However, in the next ten years, China's new energy market will usher in rapid development, this will undoubtedly give the aluminum alloy ABC cable to provide a great opportunity for development.
In many developed countries, aluminum alloy ABC cable has become the main product of the power transmission and distribution system. As early as 15-20 years ago, aluminum alloy ABC cable in Europe and the United States, and other developed countries have been widely used.
Therefore, the report that is expected by 2025, China's aluminum alloy ABC cable replacement rate will reach the international average level. This means that this is a value of 30 billion yuan of the huge market demand, many Chinese enterprises have been aimed at this market, and make a large number of inputs.