According to the China market research network of Chinese wire and cable market investigation and research and development trend forecast (2016-2022) shows.
In recent years, along with the economic development in the face of the bottleneck of strain energy, electric power, increasing investment in electricity in our country, makes the wire and cable industry entered a leap development.
In Europe, America and Japan to hazards associated with cable attaches great importance to, the government not only to the cable manufacturing process to strict limits on emissions, and comprehensive monitoring were carried out for the processing of scrap cable, forcing cable factory business to meet the requirements of environmental protection material to replace traditional materials, manufacturing environmental protection cable, or the so-called "clean" cable.
Benefiting from China's wire and cable industry to speed up the pace of rail transit construction in our country, China's railway construction speed will lead to the locomotive cables and the huge demand for communication and signal cable market.
In 2011, the Chinese wire and cable industry sales output value 1.1438 trillion yuan, for the first time, one trillion yuan, up 28.30% from 2010. In 2014, the national wire and cable industry sales output value of about 1.5328 trillion yuan, compared with growth of 8.49% in 2013.