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02
2025
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01
Demand Scale for Intelligent Connected Cables in New Energy Vehicles
In recent years, with the rapid growth of production and sales of new energy vehicles and the continuous improvement
Market Status
-**Overall Scale**: In recent years, with the rapid growth of production and sales of new energy vehicles and the continuous improvement of intelligent connectivity, the demand for intelligent connected cables for new energy vehicles has also been expanding. In 2024, global sales of new energy vehicles are expected to exceed 15 million units, and sales in China are expected to surpass 10 million units. Generally, the amount of intelligent connected cable used in a new energy vehicle is about 500-1000 meters. Based on an average price of 20-30 yuan per meter of cable, the market size for intelligent connected cables for new energy vehicles in China alone could reach around 10-30 billion yuan in 2024.
-**Growth Rate**: According to relevant institutions, the annual growth rate of the market size for intelligent connected cables for new energy vehicles has been around 30%-50% in recent years, and it is expected to maintain a high growth rate in the coming years.
Future Development Trends and Scale Forecast
-**Short-term Forecast (Next 3-5 Years)**: With the further increase in the penetration rate of new energy vehicles and the continuous enrichment of intelligent connectivity functions, it is expected that by 2028, global sales of new energy vehicles will exceed 30 million units, and sales in China will reach around 20 million units. The amount of intelligent connected cable used per vehicle may increase to 800-1200 meters, and the price per meter may rise to 25-35 yuan due to technological upgrades and fluctuations in raw material prices. Therefore, it is estimated that the global market size for intelligent connected cables for new energy vehicles will reach around 60-105 billion yuan, while the market size in China will reach around 40-70 billion yuan.
-**Mid-term Forecast (Next 5-10 Years)**: If significant breakthroughs in autonomous driving technology are achieved and large-scale commercial applications are realized, new energy vehicles will become more intelligent and connected, further increasing the demand for intelligent connected cables. It is expected that by 2035, global sales of new energy vehicles will exceed 60 million units, and the amount of intelligent connected cable used per vehicle may stabilize at around 1000-1500 meters. The price per meter may slightly decrease due to large-scale production and technological maturity, expected to be around 20-30 yuan. At that time, the global market size for intelligent connected cables for new energy vehicles will reach around 120-270 billion yuan.
-**Long-term Forecast (More than 10 Years)**: As new energy vehicles become mainstream transportation and intelligent connectivity technology is deeply integrated, intelligent connected cables will become one of the core components of new energy vehicles, and their market size will continue to grow steadily. At the same time, with the continuous application of new materials and technologies, the performance of intelligent connected cables will continue to improve, and prices may further optimize, leading to an expanded market demand, potentially exceeding 300 billion yuan or even higher.
New energy,Car
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