China wire and cable industry market status and development trend forecast analysis in 2022
Time of issue:
2021-09-26
Origin:
Author:
In recent years, with the steady growth of the domestic economy, the industrialization and urbanization process continues to advance, driving the rapid development of electric power, petroleum, chemical, urban rail transit, automotive, construction, new energy and shipping industries. In particular, the construction of intelligent transmission and distribution networks and the increasing investment in the construction of extra-high voltage networks have promoted the efficient development of China's wire and cable industry.
Data show that in 2017-2020, China's wire and cable sales revenue is generally fluctuating growth trend, and in 2020 China's wire and cable industry sales revenue reached 1.57 trillion yuan, an increase of 12.14%. China's wire and cable sales revenue is expected to reach 1.65 trillion yuan in 2021, an increase of 5.10% year-on-year, and China's wire and cable sales revenue will further reach 1.74 trillion yuan in 2022, an increase of 5.45% year-on-year.
investment ,networks,development
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