Forecast and analysis of market status and development trend of China's wire and cable industry in 2022
Time of issue:
2021-09-26
Origin:
Author:
In recent years, with the steady growth of the domestic economy and the continuous advancement of industrialization and urbanization, industries such as electric power, petroleum, chemical industry, urban rail transit, automobiles, construction, new energy and ships have developed rapidly. In particular, the investment in the construction of intelligent transmission and distribution networks and the construction of UHV grids has continued to increase, which has promoted the efficient development of my country's wire and cable industry.
Data show that from 2017 to 2020, my country's wire and cable sales revenue generally showed a fluctuating growth trend. In 2020, China's wire and cable industry sales revenue reached 1.57 trillion yuan, a year-on-year increase of 12.14%. It is estimated that in 2021, my country's wire and cable sales revenue will reach 1.65 trillion yuan, a year-on-year increase of 5.10%. In 2022, my country's wire and cable sales revenue will further reach 1.74 trillion yuan, a year-on-year increase of 5.45%.
networks,transmission,developed
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