In 2023, ZMS Cable company's annual revenue increased by 32% based on year 2022. With the acceleration of the installation of new energies such as wind and photovoltaics, new energy cable orders increased significantly. And in 2024, submarine cable orders will experience explosive growth.
Table of Contents
- The Rise of ZMS Cable in the Era of New Energy
- Keys to Success at ZMS Cable
- ZMS Cable at the Vanguard of Submarine Cables
- ZMS Cable Faces the Growing Demand for Special Cables
- The Future of ZMS Cable
The Rise of ZMS Cable in the Era of New Energy
The cable industry is one of the largest supporting industries in the national economy., with wide applications in downstream products, and is known as the “is coming” Y “nerves” of the national economy. Founded in 1990, ZMS Cable is a cable company that integrates R&D, production and sales, with products that include almost 30 series and more than ten thousand specifications. After more than 30 years of development.
Keys to Success at ZMS Cable
Upon entering the ZMS Cable production workshop, different types of automatic equipment are operating by themselves. On the assembly line 180 meters in length in the cable formation area, five different colored cores are slowly absorbed by the cable forming machine, and moments later, a long white wire forms at the other end, and while winding it on the spool with the assembly line, What appears before your eyes is an automated and orderly production scene. In the factory storage and shipping area, cable coils finished are loaded onto large trucks and sent to the port, ready to be shipped worldwide.
With the overlap of opportunities and technological updating, ZMS Cable has achieved high quality development. Last year, The company's sales of new energy cables reached 120 millions, and this year, submarine cable orders will experience explosive growth.
ZMS Cable at the Vanguard of Submarine Cables
submarine cables, due to high technical production barriers and strict standards, They are the ones that best demonstrate the strength of a cable company. In recent years, The development of offshore wind energy has become an important strategic sector of new energy. ZMS Cable has targeted the development opportunities of wind energy and has quickly started the submarine cable production and development department. After successfully delivering its first submarine cable in November 2021, accelerated the improvement of its submarine cable production capacity. ZMS production line equipment includes advanced submarine cable insulation core production lines and vertical cable armor production lines., with a total investment of more than 100 millions.
In recent years, ZMS Cable has continued to increase its technological innovation. In addition to the new line of submarine cable production, through continuous R&D has upgraded submarine cables 220 kV a 500 kV to meet more customer needs. And in 2022, The company added a new standing tower production line based on the 2 existing. Last year, the company invested in a new submarine cable production line and 3 ultra high voltage cable production lines.
ZMS Cable Faces the Growing Demand for Special Cables
This year, ZMS cable factory has added 14 new automatic twisting machines, which compared to traditional twisting machines, have tripled work efficiency and reduced labor by a third. Thanks to new projects that use new equipment and technologies, Not only has production efficiency been greatly improved, but also the production process needs for special cables used in new energy vehicles can be met., cables for photovoltaic energy, cables for ecological electrical equipment, etc.
Currently, market demand for special and dedicated cables is increasing day by day. How to build smart electrical grids, the development of new energies such as photovoltaics and solar thermal, and the development of emerging industries such as rail transport, aviation and astronautics, underwater transmission of electricity, new energy vehicles and charging stations, are injecting strong driving force into the development of special cable industry.
Development trend of special cables
The main supply of special cables comes from various raw material suppliers., like copper bars, aluminum bars, plastic, Rubber, etc. The quality, The price and stability of supply of these raw materials directly affect the performance and cost of production of special cables. Secondly, Specialty cable applications span a wide range of industries, including electricity, Petroleum, chemical, metallurgy, aviation, railway, naval, military, scientific research and other fields.
Currently, The demand for special cables for specific uses is growing day by day. Building smart electrical grids, the development of new energies such as photovoltaics and solar thermal, and the advancement of emerging industries such as rail transportation, aviation and space, underwater transmission of electricity, new energy vehicles and their charging stations, are strongly promoting the development of the special cables industry.
Market demand for specific purpose cable products, as railway signaling cables, special cables for naval use, automotive internal wiring components, mining safety cables, aircraft cables, etc., It is growing rapidly at a rate of thousands of kilometers per year.
From the perspective of market structure, as a high value product, special cables have a significantly higher entry threshold compared to common cables and wires, which requires companies to maintain high standards in terms of scale, technological level, process innovation, research and development of related materials, configuration of production equipment and comprehensive solutions for engineering projects.
ZMS strives to produce special cables
To adapt to business development needs, ZMS Cable has successively introduced more than 100 sets of advanced production and testing equipment, establishing a complete performance testing center for cables, a high voltage partial discharge testing laboratory, a combustion testing laboratory, and a finished product inspection workshop, providing a solid hardware foundation for I+D and high-end cable manufacturing.
The Future of ZMS Cable
“In the future, ZMS will continue to increase power cable research and development and investment, improving production capacity and constantly strengthening the company's market competitiveness, to create high-end cable products and set sail for the company's high-quality development, sailing with the wind and waves.” When talking about the company's upcoming development goals, the CEO of ZMS, Ren, expressed full confidence.