The demand for wind power cables will reach a bright future of RMB 2 billion

Whether at home or abroad, with the rapid development of wind power industry, the market prospect of wind power cables is very broad. The wind power industry in the field of development is in full swing, giving rise to the demand for cables for wind power generation. Due to the harsh environment of wind power generation, the service life of the fan is long, and the cable continuously rotates with the fan, which imposes high requirements on the performance of the cable. It has been relying on imports before and is expensive. In recent years, a number of domestic cable manufacturers have conducted research and development, and have produced low-temperature, ultraviolet-resistant, oil-resistant, and torsion-resistant wind power cables, which have become new economic growth points for enterprises. The development of wind power is unprecedentedly high, and the fan industry is expanding rapidly. According to statistics, by April 2010, China’s wind power is increasing at a rate of 40% per year. This will enable the demand for wind power cables to reach 2 billion yuan in the next few years, and demand will continue to double every year.

Among all renewable energy sources, wind energy is the most competitive in terms of current technology maturity and construction feasibility. In the long run, the outlook for the global wind energy industry is quite optimistic. The governments of various countries have continuously introduced encouraging policies that are conducive to the development of renewable energy, bringing huge market opportunities to the industry. According to statistics, the wind power industry will maintain an annual growth rate of 20%. It is expected that by 2015, the industry's total output value will increase to 5 times the level in April 2010. Global wind power development is entering a period of rapid expansion. Incompatible with this is that the development of wind power cables in China has just started. At present, domestic companies do not have a special layout.