Analysis of the development status and forecast of development trends of China's automotive cable industry

With the rapid development of our country's automobile industry and the intensifying market competition, the automotive cable industry has become an important part of the automobile industry and has an important impact on the development of the automobile industry. It is expected that by 2023, the automotive cable industry will continue to be in good condition and experience sustained and rapid development, but its development trend is also expected to change.

1. Market Analysis

According to the national development plan, our country's automobile industry will enter the 4.0 era in the next five years, and autonomous driving technology and smart cars will become new requirements and new business formats. This has also changed the demand for automotive cables to meet more complex functions such as autonomous driving and smart cars. Therefore, the future upgrade of automotive systems will become a new growth spot for the automotive cable industry.

In addition, judging from the number of applications in the industry, passenger cars, SUVs, etc.
Passenger car cables will maintain a certain growth rate, and the development of emerging car models such as Tesla will accelerate, especially the development of new energy vehicles will require more and more automotive cable technology.

2. Development Trend Analysis

1. Due to insufficient private investment, overall aviation investment still tends to have low growth, and the development of the automotive cable industry will also promote overall investment growth.

2. With the progress and development of electronic technology, automotive electronics technology has been widely used in the automotive industry, and the performance requirements for automotive cables in traditional automotive systems are becoming higher and higher, and higher requirements are being placed on them. Inability to meet the new requirements has led to a change in the development model of the traditional automotive cable industry, and the development of automotive cable technology has accelerated.

3. With the development of the automobile industry, the degree of automation of automobile equipment is also increasing, and the momentum of the development of renewable energy models is becoming stronger and stronger, which means that the automobile cable industry will also see a new development trend. The emergence of renewable energy vehicles With further technological innovation, automotive cable technology is pursuing higher performance and higher reliability, and the popularity of new energy vehicles, the attention of automobile information network technology is increasing, and electronics is advancing This will provide the automobile cable industry with further development opportunities.

4. Policy factors are also important factors affecting the development of the automotive cable industry, for example, in 2013, our country promoted the development of new energy vehicles, such as subsidy policies for new energy vehicles and plug-in vehicles, etc. The development of the automotive cable industry.

3. Development proposal

1. The automotive cable industry needs to conduct in-depth research into future development trends and develop more advanced crude oil energy vehicle technologies.

2. The automotive cable industry needs to increase investment in scientific research, explore new material formulations and manufacturing processes, and improve the performance of existing technologies.

3. Strengthen market development in the automotive cable industry, and expand sales channels and market share by strengthening market competitiveness, thereby increasing corporate profits.