Abstract
Demand in China to grow 13.1% annually through 2011
Demand for insulated wire and cable in China is forecast to increase 13.1
percent annually through 2011 to ¥335 billion. Gains will be fueled by strong
gross fixed investment in power grid, telecommunication and building
construction, as well as by further increases in production of products that
incorporate insulated wire and cable. In order to accommodate the needs of the
rapidly expanding industrial sector and to provide a solid foundation for
continued economic development, the Chinese government is focusing on
expanding and modernizing the country' s utility facilities, including power
grids and telecommunication networks. This is providing significant
opportunities for power, electronic and telephone wire, and fiber optic cable
suppliers.
A favorable outlook for construction expenditures will also help stimulate
advances in building wire and cable. Increasing shipments of key end-use
products such as electrical, electronic and transportation equipment will fuel
demand for apparatus, electronic and automobile wire and cable.
Power wire & cable to stay largest product segment
Power wire and cable is expected to remain the largest product segment and
post the fastest growth through 2011. Government efforts to improve China' s
power grid will be the principal driver of demand for power wire and cable.
For example, China plans to have established a backbone network of ultra-high
voltage power transmission by 2020. Fiber optic cable and electronic wire will
also see favorable opportunities through 2011 as the country increases its
telecommunications, computer networking and data communication capabilities.
Study coverage
It presents historical demand data for the years 1996, 2001 and 2006 plus
forecasts for 2011 and 2016 by product, market and geographic region. The
study also considers market environment factors, assesses industry
composition, evaluates company market shares and profiles 36 industry
participants.
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