Analysis on the competitive pattern of China's wire and cable industry in 2019

With a long history of development, China's electric wire and cable industry has formed a mature industrial chain and a complete industrial system.There are a large number of enterprises taking part in the competition.In 2018, there were 4,049 listed companies in China's electric wire and cable industry.In the market structure of China's wire and cable industry, due to the wide application of power cables, the product has a large revenue scale and is still an important field of the industry.Companies are concentrated in eastern China, with guangdong and jiangsu ranking first and second, with more than 100 enterprises in nine provinces.Compared with developed countries, the concentration degree of China's wire and cable industry is still low.The concentration of the top ten enterprises is less than 10%.Leading enterprises still have great potential for development.

Wire and cable industry: covering a wide range of enterprises involved

From the perspective of the industrial chain, the upstream of the wire and cable industry is mainly the basic material industry, which provides raw materials for the manufacture of copper, aluminum and their alloys and other wire and cable products.Manufacturing of rubber industry, polyethylene, polyvinyl chloride chemical industry, such as crosslinked insulation and sheath materials.The midstream includes wire and cable manufacturers that supply power cables, communication cables, electrical equipment cables, bare wire, winding wires and other types of cables.Cable;The downstream is mainly used in wire and cable industry, such as construction machinery, communication industry, power industry and construction industry.

The development of China's wire and cable industry has a long history, forming a mature industrial chain and a complete industrial system.According to the national bureau of statistics, the number of companies in China's electric wire and cable industry fluctuated between 2011 and 2018.In 2018, there were more than 10,000 enterprises in China's electric wire and cable industry, and 4,049 enterprises above the designated size, an increase of 15 percent over the previous year.

Market structure adjustment, power cable occupies the mainstream

Affected by the international trade environment and the change of the downstream demand structure, China's wire and cable industry has entered a period of deepening development.Product structure has been further adjusted, overcapacity and too low level of further elimination, the overall size of the industry has a certain impact.Products have gradually changed from power cables to special cables.

In the market structure of China's wire and cable industry, due to the wide range of power cable applications, the product has a large revenue scale, and is still an important sector of the industry.With the popularization of the concept of energy-saving and environmental protection and the deepening of the adjustment of China's electric wire and cable industry, new requirements for the quality and application of electric wire and cable and the proportion of cables used for electrical equipment are being raised in the downstream application field.

The industry concentration degree is relatively low, and the gap with developed countries is large

China's wire and cable industry is in the mature stage, product homogeneity is serious, mainly concentrated in the low - and medium-end, fierce competition.Leading enterprises do not have obvious technological advantages, resulting in the relatively low concentration of China's wire and cable industry.In 2018, less than 10 percent of the CR10 and about 20 percent of the CR100 were used in China's wire and cable industry.

Although China's wire and cable industry as a whole is the world's first, but compared with developed countries, there is a big gap in terms of industrial concentration, after years of the development of the developed countries, especially in the face of price fluctuation of raw materials, small businesses to exit the market gradually, improve industrial concentration: top ten cable manufacturers, such as general motors, belden, corning, forms, etc.) accounted for about 70% of the market share;Japan's seven big cable companies (such as kohe, sumitomo, tengakura, Hitachi and showa) account for more than 65% of the market.France's top five cable companies (nexen, xnews, etc.) account for more than 90% of the French market turnover.China's top 10 cable companies account for less than 10% of China's market share, leading enterprises have great potential for development.

Enterprises concentrated in east China, guangdong, jiangsu ranked first and second

In terms of geographical distribution, in 2018, there were 4,049 enterprises above the designated size in China, mainly in east China, with 2,224 enterprises, accounting for more than half of the total.South China ranked second with 657 companies, accounting for 16.16 percent of the total.The main wire and cable manufacturers are concentrated in guangdong province, with a total of 601 enterprises.The number of enterprises in the northwest region is the lowest, with only 35 over - scale electric wire and cable enterprises, accounting for less than 1% of the total number of enterprises.Northwest cable demand is the main reason of the smaller, most production of the products exported to other regions, high production costs are caused by the additional transport cost, with the gradually development of northwestern region in recent years, the energy industry, in the northwestern region growing building factories, wire and cable industry in the northwest region development prospect is optimistic.

In the face of such a great competitiveness, JZD cable will not be stagnant, not by reducing quality to meet the market, on the other hand, turn pressure into motive force, through the pursuit of higher quality, the introduction of more advanced product technology and equipment, to produce more high quality products, has to prove the value of, through automation, high-end and international innovative development strategy, continuously adjust the industrial structure optimization, improve product quality and efficiency, the company will strive to build a science and technology intensive management, international famous brand of domestic wire and cable industry standards for good.