ALBANY, New York, March 20, 2017: MarketReseachReports.biz has added a new market study, titled “Global Generator Market For Telecom Sector 2016-2020,” to its expanding repository of research reports. The market study looks into market indicators, technological advancements, and competitive structure to present a comprehensive analysis of the global generator market for telecom during the 2016-2020 period.
According to the report, the generator market for telecom is expected to expand at a CAGR of 2.13% from 2016 to 2020.
The report points out reasons for the growth of the global generator market for telecom. First and foremost, rising mobile data use has stirred expansion of network capabilities and unveil of advanced network services. Consumers today expect a seamless mobile data experience, which can be provided with uninterrupted power supply. Large telecom companies have tie-ups for power backup for uninterrupted services and for a seamless mobile data experience for customers. Furthermore, expansion of telecom infrastructure in rural areas is aiding the growth of the generator market for telecom. Telecom giants are striving for capacity expansion and infrastructural development to deliver a seamless mobile data experience for customers in rural areas, which in turn will foster customer loyalty.
Power outages due to grid failures and natural disasters is also leading to the growth of the generator market for telecom. Installation of power backup enables uninterrupted mobile services in the instance of a power outage.
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However, the market faces several growth impediments. The increasing shift toward renewable energy leading to the development of green towers is impeding the market’s growth. With increasing concerns about environmental deterioration due to carbon emissions, the use of conventional energy based power backup solutions is declining.
In addition, the increasing use of fuel cells for power backup is also challenging the growth of the generator market for telecom. The use of fuel cells is favored as it produces electricity sans combustion. Moreover, factors such as stringent emission regulations and practices of increasing tenancy ratio to pump up profit margins are challenging the market’s growth.
Nonetheless, the market is expected to be benefitted due to some favorable opportunities coming to the fore. The development of smart generators that are technology driven is expected to benefit the market’s growth. In addition, technological advancements in diesel generator sets, increased focus on generator rental services, increasing adoption of hybrid power systems, and the continued use of diesel as the leading fuel fir generators is expected to present growth opportunities to the market.
The report studies the generator market for telecom from a competitive standpoint as well. Leading companies operating in this space are mentioned and are profiled for their distinguishing business attributes. Some of the top players are Caterpillar, Generac Power Systems, MTU Onsite Energy, Cummins, HIMOINSA, and MTU Onsite Energy. Some other prominent vendors in this space are GE Energy, Kirloskar Oil Engines, Pramac, FG Wilson, Mitsubishi Heavy Industries, and Yanmar.
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