CWP2025-全球高压超高压海缆需求保持高速增长然地区间供需平衡存在潜在风险1.pdf

1、CRU.Independent expertintelligenceCRU.Independent expertintelligence全球高压超高压海缆需求保持高速增长，然地区间供需平衡存在潜在风险王晨飞，线缆及特种材料市场部门负责人英国商品研究所（CRU）2025中国风能大会，北京Date:16 October,2025CRU.Independent expert intelligence2025中国风能大会，北京Chenfei WangHead of Wire&Cable+Speciality Materials+86 21 6379 Natalie Noor-DruganPrincip

2、al Analyst,Wire&Cable Service+44 20 7903 2421natalie.noor-Aisling HubertLead,Wire&Cable Service+1 724 7201 Ahmed AliLead,Optical Fibre&Cable Service+44 20 7903 Vishnu PatidarSenior Analyst,Wire&Cable Service+91 22 4504 Egest BallaAnalyst,Wire&Cable Service+1 724 201 New Hire LondonAnalyst,Wire&Cable

3、 ServiceTBCNew Hire ShanghaiAnalyst,Wire&Cable ServiceTBCA person in a suitDescription automatically generated with medium confidenceCRU全球线缆及特种材料团队Date:16 October,2025Li WangSenior Analyst,Silicon Metal Service+86 10 5082 Simon MorrisVP,Market Analysis&Forecasts+44 20 7903 A person in a suitDescript

4、ion automatically generated with low confidenceSabrina LuLead,Silicon Metal Service+44 20 7903 Elijah SantosAnalyst,Carbon Products Service+44 74 8741 A picture containing person,wall,indoorDescription automatically generatedCRU.Independent expert intelligence演讲主题Date:16 October,20252025中国风能大会，北京需求：

5、全球主要地区未来高压超高压海缆需求展望供应：全球主要海缆企业扩产计划，未来产能及中国企业出海现状供需平衡：需求高速增长带来新一轮产能投资，供需平衡是否已被打破？123CRU.Independent expert intelligence演讲主题Date:16 October,20252025中国风能大会，北京需求：全球主要地区未来高压超高压海缆需求展望需求：全球主要地区未来高压超高压海缆需求展望供应：全球主要海缆企业扩产计划，未来产能及中国企业出海现状供需平衡：需求高速增长带来新一轮产能投资，供需平衡是否已被打破？123CRU.Independent expert intelligence全球

6、高压超高压海缆市值将于2026年超过陆缆Date:16 October,20252025中国风能大会，北京DATA:CRU电力传输市场展望020,00040,00060,00080,000100,000120,000140,000160,0002016201720182019202020212022202320242025202620272028202920302031Land cablesSubsea cables(inc.MV array)全球高压(HV)超高压(EHV)电缆需求，缆芯公里05,00010,00015,00020,00025,00030,00035,00040,00045,