At present, there are a large number of enterprises in my country's wire and cable industry. The market competition is still dominated by price competition, and the industry concentration is low. Enterprises have serious convergence in product variety and technology selection, lack of core competitiveness, and form industry homogeneous competition. trend. As the national quality inspection department increases the supervision of the wire and cable industry, the integration of the wire and cable industry will accelerate in the future, and industry mergers and acquisitions will continue to deepen.

Although my country's wire and cable industry has made great progress, and the sales revenue in 2018 may even exceed 1.4 trillion yuan, the industry is still on the road of extensive development, especially in the fields of brand management, new technology research and development, and application. Moreover, the problem of "big but not strong" in the domestic wire and cable industry is prominent, and the market concentration is extremely low.

China's wire and cable market has great potential and strong demand for sustainability. First, the market demand for high-voltage and ultra-high-voltage power cables is strong. Under the economic development concept of energy saving and environmental protection, the high-voltage and ultra-high-voltage power transmission modes featuring "high energy efficiency and low loss" have become the development direction of the power industry. High-voltage and ultra-high-voltage power cables will gradually replace medium and low voltage power cables. The construction of ultra-high voltage and ultra-high voltage transmission lines will bring huge market demand for wire products such as aluminum alloy wires and high-voltage power cables.

Second, the demand for railways and urban rail transit has grown rapidly. According to the "Thirteenth Five-Year Plan" Modern Comprehensive Transportation System Development Plan, during the "Thirteenth Five-Year Plan" period, my country's railways and urban rail transit will continue to maintain a momentum of rapid growth and sound development. The railway mileage will increase from 12.1 in 2015. Wan Gong will increase to 150,000 kilometers in 2020, the operating mileage of high-speed railways will increase from 19,000 kilometers in 2015 to 30,000 kilometers in 2020, and the operating mileage of urban rail transit will increase from 3,300 kilometers in 2015 to 6,000 kilometers in 2020. kilometer. The increased investment in urban rail will effectively drive the further development of the wire and cable industry.