Special cable market is fiercely competitive

With the rapid contraction of cable profit margins in the market, loss-making transactions have become commonplace, and the news of the closure of cable companies across the country has not gone away. More and more cable companies’ decision makers are realizing that adding technology to their products will increase the added value. The price of special cables is about 20% higher than that of ordinary wires. The gross profit rate is 10% higher than that of ordinary wires, and it is in line with high added value. The development path. The use of special cables to adjust the product structure of cable companies and jump out of old ways of competition will become an important trump card for the cable industry in the future.

The development direction of special cables is diversified. Large-scale military enterprises shoulder the task of national modern equipment and high-tech equipment. The demand for lightweight, high-temperature cables is particularly large. The cables used in construction are mainly double-layer flame-retardant high-temperature cables and low-smoke and halogen-free environmentally friendly wires and cables, mainly to prevent fire hazards and prevent unsafe accidents.

Ordinary cable "you die", the special cable is in the asymptomatic, a clear market structure has become a new topic in front of wire and cable companies. The gradual increase in domestic demand has brought a huge market for the special cable industry. In the face of broad prospects for development and fierce market competition, special cable companies must keep up with the pace, and improve their competitiveness in all aspects such as technical equipment, testing methods, financial strength, and product performance.