History and present of the cable industry

Historically, the traditional manufacturing regions and countries of international wire and cable are mainly in Europe (Germany, France, Italy, Spain, etc.), North America (THE United States) and Northeast Asia (Japan, South Korea, Taiwan, China). The historical formation of the international pattern of wire and cable industry and the regional and national economic development and industrialization process, through the merger and reorganization of combat readiness, Europe, America and other countries of the cable giant depend on its capital, technology, talent advantage has formed the transnational and trans-regional large-scale or professional wire and cable production, its national or regional industrial concentration is higher, in the international market share is bigger, the top ten enterprise total sales revenue accounted for more than two-thirds of the country or the regional market.

In recent years, an obvious trend has been the rapid economic growth in emerging countries such as Asia and the shift of the world’s production center of wire and cable to Asia, which has driven the rapid development of the wire and cable industry in countries such as China, Vietnam, the Philippines and Egypt in the Middle East. Central and Eastern Europe, meanwhile, has seen rapid growth in the production of wires and cables, thanks to its relatively low manufacturing costs as a result of European unification. In 2008, the world output of insulated copper cables increased by 4.6% to 12.56 million tons per year, with Europe accounting for 25%, North America for 16%, Northeast Asia for 12% and the rest of the world (including China) accounting for about 47%. According to international industry statistics, from 2003 to 2010, the annual average growth rate of the world’s power lines and cables was 4.5%.

Post time: Sep-24-2020

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