Affected by the financial crisis on the wire and cable industry, the growth will be somewhat slower thereafter, but it is objectively predicted that the annual growth rate of high-voltage and ultra-high voltage cross-linked cables with 110 kV and above in China will be around 14% before 2020. It is expected to reach 13,000 km in 2010, 26,000 km in 2015, and 50,000 km in 2020.
Thanks to the rapid development of China's economy, the wire and cable industry has generally maintained a good momentum of growth in recent years. In particular, China has introduced a series of economic stimulus policies to expand domestic demand and bring rare opportunities for the wire and cable industry.
According to the data, China's economic development and power construction have great demand for 110 kV and above high-voltage cross-linked cables, and its growth rate has been 20% to 25% in recent years. According to the forecast of experts, due to the impact of the financial crisis on the wire and cable industry, the growth will be somewhat slower thereafter. However, the annual growth rate of high-voltage, ultra-high voltage cross-linked cables of 110 kV and above in China before 2020 is objectively predicted to be approximately 14%. It is expected to reach 13,000 km in 2010, 26,000 km in 2015, and 50,000 km in 2020.
According to forecasts, the market demand for 220 kV cables is also very strong, and it is expected to reach 1,600 km in 2010, 3,700 km in 2015, and 7000 km in 2020; the market demand for 500 kV cables is expected to be: 400 kilometers, 870 kilometers in 2015 and 1,700 kilometers in 2020.
According to the latest statistics, China currently has a total of nearly 400 lines of 35 kV CCV (catenary) medium and low voltage cables; nearly 70 lines of 110 kV and above cross-linked power cables (including those under construction), among which VCV (vertical) production lines There are nearly 50 CCV (catenary) production lines with an annual production capacity of approximately 21,000 kilometers (calculated as 110 kV cables).
Thanks to the rapid development of China's economy, the wire and cable industry has generally maintained a good momentum of growth in recent years. In particular, China has introduced a series of economic stimulus policies to expand domestic demand and bring rare opportunities for the wire and cable industry.
According to the data, China's economic development and power construction have great demand for 110 kV and above high-voltage cross-linked cables, and its growth rate has been 20% to 25% in recent years. According to the forecast of experts, due to the impact of the financial crisis on the wire and cable industry, the growth will be somewhat slower thereafter. However, the annual growth rate of high-voltage, ultra-high voltage cross-linked cables of 110 kV and above in China before 2020 is objectively predicted to be approximately 14%. It is expected to reach 13,000 km in 2010, 26,000 km in 2015, and 50,000 km in 2020.
According to forecasts, the market demand for 220 kV cables is also very strong, and it is expected to reach 1,600 km in 2010, 3,700 km in 2015, and 7000 km in 2020; the market demand for 500 kV cables is expected to be: 400 kilometers, 870 kilometers in 2015 and 1,700 kilometers in 2020.
According to the latest statistics, China currently has a total of nearly 400 lines of 35 kV CCV (catenary) medium and low voltage cables; nearly 70 lines of 110 kV and above cross-linked power cables (including those under construction), among which VCV (vertical) production lines There are nearly 50 CCV (catenary) production lines with an annual production capacity of approximately 21,000 kilometers (calculated as 110 kV cables).
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