The hottest global wire and cable demand market is

2022-08-01
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The global wire and cable demand market is in high-level differentiation.

due to the contraction of demand in developed European and East Asian countries, the global wire and cable demand market is in high-level differentiation. According to the latest global data service report on wires and cables of Intel research consulting company, 4. The proportion of exports to emerging countries will also be greatly increased. Is the output current, voltage, frequency and other data of the frequency converter displayed on the display panel of the variable-frequency single column tensile testing machine normal; As the demand of developed European and East Asian countries shrinks, the global wire and cable demand market is in a high-level differentiation. In 2014, the overall global economy achieved a moderate recovery, while the US economy recovered, while the euro zone economy remained weak. In addition, China, India and other emerging countries showed signs of economic slowdown, while Russia and Brazil showed signs of weakness

2008-2014, the global demand for wires and cables increased by 3.2% year-on-year. However, according to the latest research report of Intel, the year-on-year growth rate of the global wire and cable market in 2015 is expected to drop to only 2%

according to the report, the demand for insulated wires and cables in Japan and Korea has declined significantly. Japan's economic recession was worse than expected, hitting fixed asset investment. Due to the economic downturn of the two countries, the sluggish construction and delay in the construction of new power stations have resulted in the difficult demand for wires and cables in the region. Many leading cable manufacturers in Japan and South Korea have experienced declines in revenue and profits

although Europe needs to change its mind first, the obvious decline in demand growth in Asia and East Asia has caused industry concerns, some regions have bucked the trend, such as Africa, the Middle East and Southeast Asia, which pay more attention to new infrastructure and investment opportunities

according to the Research Report of intej, although the conflicts in the Middle East and Africa have limited the market growth, the demand for wires and cables in the regional power and construction fields is still expanding. As the national policies adopted after the great changes of the Arab Spring continue to promote infrastructure development, especially in the Gulf countries, energy and data cables are expected to usher in strong growth. However, if the oil price remains below $80/barrel, there are still risks in the market. In the next five years, Africa, Libya, Nigeria and Morocco are expected to become important markets with steady growth in wire and cable demand

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