What Are The Factors That Affect The Future Market Trend Of Cable Terminals?

Be prepared for a rainy day and be prepared for danger in times of peace. Since 1928, cable lugs has provided convenience for people for nearly a century, changing the situation of traditional wire stripping and connection. With the advancement of the industrialization process, the utilization rate of wire lugs has increased year by year, and the connector market has gradually been divided. What other fields can be used as emerging points are worth thinking about.

In March 2020, the Standing Committee of the Political Bureau of the CPC Central Committee held a meeting to propose to accelerate the construction of new infrastructure such as 5G networks and data centers. The construction of new infrastructure mainly includes seven major areas: 5G base station construction, ultra-high voltage, intercity high-speed railways and urban rail transit, new energy vehicle charging piles, big data centers, artificial intelligence, and industrial Internet, involving many industrial chains. It is an infrastructure system guided by the new development concept, driven by technological innovation, based on information networks, and facing the needs of high-quality development, providing services such as digital transformation, intelligent upgrading, and integrated innovation.