Throughout recent years, the development of new energy has become an important layout of energy in developed countries around the world. The development of new energy industry and the vigorous promotion of low-carbon economy have reached a consensus in countries around the world.

After several years of development, China's new energy industry has undergone significant changes in both the policy environment, as well as the technology and market environment. The new energy industry has been recognized as a key strategic emerging industry in China. The progress of technology and the increase in the number of enterprises have led to an increasingly competitive environment, and the pulling power of the maturing domestic market for industrial development has been strengthened.

New energy development and utilization in China has become a hot industry in recent years, the development situation is in full swing, the new energy industry is becoming a sunrise investment industry in China. In the next five years, driven by national policies and new energy technology, China's new energy industry will continue to maintain a good development trend. At the same time gave birth to wind power cable, nuclear power cable, photovoltaic cable and other new energy cable market rapid development.

Although China is a large cable country, but not a cable power. China's cable industry is still in the emerging, low-technology level state, independent innovation capability is not strong, the product structure is also unreasonable, low-grade products overcapacity, while the high technology content, high value-added products production ratio is low. In this context, technological innovation has been imperative, new energy cables came into being, with good market prospects.

Although the prospects are optimistic, but the investment of enterprises need to be rational, not too blind, resulting in excess capacity. At present, many large cable companies have expressed the idea of entering the field of new energy with special cables, these companies, not only has a certain technical basis, at the same time, also has a wealth of money. Therefore, to avoid duplication of investment and overcapacity, will become a new energy with the cable industry must face the problem.

For the new energy cable market itself, the market determines the development of enterprises and the transfer of research and development direction. Today, the development of new energy industry is still immature, there are many aspects that need to be improved, investment in new energy cables need to be cautious. Once the field of new energy cables involved in too many enterprises, will trigger a vicious price war, so that it is easy to lead to enterprises to reduce costs for the benefit of the final product quality is difficult to ensure the situation, forming a vicious circle. Wire and cable companies should invest more in research and development and production technology, to provide more products with independent intellectual property rights, and regulate the market, to maintain the healthy and orderly development of the market, to enhance the competitiveness of the entire Chinese cable market in the international arena, to achieve China's dream of becoming a cable power.