Market Report By Voltages (Low Voltage, Medium Voltage, High Voltage, Extra High Voltage), By Installation (Overhead, Underground), By Products (Fiber Optic Cable, Co-axial Cable, And Other Cables), By Material (Copper, Aluminium, Glass), By End Users (Aerospace & Defense, Building & Construction, Oil & Gas, Energy & Power, IT & Telecommunication And Others) And Competitive Landscape
Product Code: ETC002688 | Publication Date: Dec 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
China Wires And Cables market currently, in 2023, has witnessed an HHI of 922, Which has decreased slightly as compared to the HHI of 1043 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
China Wires And Cables Market report is a part of Asia Pacific Wires and Cables Market that thoroughly covers the market by voltage, installation, product, material, end-users, and regions including central, western, southern, and eastern regions. The China wires and cables market outlook report provides an unbiased and detailed analysis of the ongoing China wires and cables market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
China Wires and Cables Market is anticipated to proliferate owing to good domestic demand and strong economic growth across China. The market will be driven by solid growth in key downstream industries. The power generation sector in China will develop strongly due to the construction of new power grids. The increase in power grids would increase the demand for wires and cables in the Chinese market.
According to 6Wresearch, China Wires and Cables Market size is estimated to grow at a higher growth rate of 5.6% during 2024-2030. China is the key exporter of wires and cables globally, During the COVID-19 outbreak in the country, the export of wires and cables has substantially reduced, resulting in a decrease in the revenue generated by the market for the year 2020-21. The Chinese government's rules for rural electrification also play a vital role in the growth of the wires and cables market.
Rural electrification involves major actions such as improved communication, installing electricity infrastructure, and providing household connectivity. Rural electrification is expected to drive product demand in the forthcoming years due to the installation of wires and cable networks. China wires and cables market is anticipated to witness potential growth in the upcoming six years on the back of the substantial growth of the telecommunication and oil & gas industry.
Players has the most significant role to play in the success of any market. Some well-established players in Wires and Cables Market in China include;
The Chinese government has introduced many policies in order to encourage technological innovation in the wires and cables market. The government inspires the development of high-end products, new materials, as well as new technologies. The Ministry of Industry and Information Technology (MIIT) I China, issued a guideline on encouraging the development of the market, emphasizing measures to expand research and development and innovation capabilities, and introducing new standards for the quality of wires and cables. In order to promote the healthy development of the wires and cables market, the government of China has set milestones for upgrading the market structure. The MIIT has proposed measures in order to accelerate the restructuring of the market in accordance with the principles of high-quality development.
According to Moksh, Senior Research Analyst, 6Wresearch, Copper wires portray dominance in terms of revenue of the wires and the cables market due to several features such as high durability, low maintenance cost, and high usage in high voltage applications. Further, copper wires and cables are anticipated to register a surge in demand on account of their increasing usage in the commercial and transportation sectors in the years to come.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.2. Market Scope & Segmentation |
2.3. Research Methodology |
2.4. Assumptions |
3. China Wires and Cables Market Overview |
3.1. China Wires and Cables Market Revenues |
3.2. China Wires and Cables Market - Industry Life Cycle, 2023 |
3.3. China Wires and Cables Market - Porterโs Five Forces, 2023 |
3.4. China Wires and Cables Market Revenue Share, By Voltage |
3.5. China Wires and Cables Market Revenue Share, By Installation |
3.6. China Wires and Cables Market Revenue Share, By Products |
3.7. China Wires and Cables Market Revenue Share, By Materials |
3.8. China Wires and Cables Market Revenue Share, By End Users |
4. China Wires and Cables Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. China Wires and Cables Market Trend |
6. China Wires and Cables Market Overview, By Voltages |
6.1. China Wires and Cables Market Revenues, By Voltages |
6.1.1. China Low Voltage Wires and Cables Market Revenues, 2020 - 2030F |
6.1.2. China Medium Voltage Wires and Cables Market Revenues, 2020 - 2030F |
6.1.3. China High Voltage Wires and Cables Market Revenues, 2020 - 2030F |
6.1.4. China Extra High Voltage Wires and Cables Market Revenues, 2020 - 2030F |
7. China Wires and Cables Market Overview, By Installation |
7.1. China Wires and Cables Market Revenues, By Installation |
7.1.1. China Over Head Wires and Cables Market Revenues, 2020 - 2030F |
7.1.2. China Underground Wires and Cables Market Revenues, 2020 - 2030F |
8. China Wires and Cables Market Overview, By Products |
8.1. China Wires and Cables Market Revenues, By Products |
8.1.1. China Fiber Optic Wires and Cables Market Revenues, 2020 - 2030F |
8.1.2. China Co-Axial Wires and Cables Market Revenues, 2020 - 2030F |
8.1.3. China Other Wires and Cables Market Revenues, 2020 - 2030F |
9. China Wires and Cables Market Overview, By Material |
9.1. China Wires and Cables Market Revenues, By Material |
9.1.1. China Copper Wires and Cables Market Revenues, 2020 - 2030F |
9.1.2. China Aluminum Wires and Cables Market Revenues, 2020 - 2030F |
9.1.3. China Glass Wires and Cables Market Revenues, 2020 - 2030F |
10. China Wires and Cables Market Overview, By End Users |
10.1. China Wires and Cables Market Revenues, By End Users |
10.1.1. China Aerospace & Defense Wires and Cables Market Revenues, 2020 - 2030F |
10.1.2. China Building & Construction Wires and Cables Market Revenues, 2020 - 2030F |
10.1.3. China Oil & Gas Wires and Cables Market Revenues, 2020 - 2030F |
10.1.4. China Energy & Power Wires and Cables Market Revenues, 2020 - 2030F |
10.1.5. China IT & Telecommunication Wires and Cables Market Revenues, 2020 - 2030F |
10.1.6. China Other Wires and Cables Market Revenues, 2020 - 2030F |
11. China Wires and Cables Key Performance Indicators |
12. China Electrical Equipment and Components Market Opportunity Assessment |
12.1. China Wires and Cables Market Opportunity Assessment, By Voltages, 2030F |
12.2. China Wires and Cables Market Opportunity Assessment, By Installation, 2030F |
12.3. China Wires and Cables Market Opportunity Assessment, By Products, 2030F |
12.4. China Wires and Cables Market Opportunity Assessment, By Materials, 2030F |
12.5. China Wires and Cables Market Opportunity Assessment, By End Users, 2030F |
13. Competitive Landscape |
13.1. China Wires and Cables Market Revenue Share Ranking, By Company, 2023 |
14. Company Profiles |
15. Key Strategic Recommendations |
16. Disclaimer |