Market development of marine cable application

According to the development of domestic and foreign shipbuilding industry, it is expected that the future ship market demand will be characterized by large tonnage, high technology content and high added value.=== According to the data of shipbuilding industry, since the prosperity of inland shipping, China's shipbuilding industry is heading for the worst year of orders in the past 10 years. According to the data shipping data, many factors, including overcapacity, financing difficulties, low freight rates and so on, have discouraged ship owners from purchasing new ships.=== The market demand for marine wires and cables is huge, and a large number of special wires and cables are needed. The added value is relatively high. The prospects for the development of marine products by wire and cable enterprises are promising. As nerves and blood vessels of ships, wires and cables are directly related to the safety, reliability, progressiveness and combat capability of ships. Modern ships have laid more than ten kilometers of cables of various specifications. In Europe, the prevalence of oil tanker vacations has stimulated the construction of oil tankers. Each oil tanker must lay more than 1000 kilometers of insulated cables all over the ship.=== The survey shows that the world shipbuilding center is accelerating its transfer to China. For example: multi-purpose ships with large hatches, shuttle tankers, high-speed containerless vessels, high-speed hydrofoil passenger ships, offshore oil storage vessels, giant oil tankers and inland vessels; In addition, there are small vessels, such as anti-smuggling vessels, lifeboats and yachts.=== For more information on EV cable for Connecting devices, please visit OMG’s official website: https://www.omgevcable.com

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