Energy Storage in the Global Telecommunication Industry (2018-2022): Expected to Record a CAGR of Approx 12% - ResearchAndMarkets.com
The "Global Energy Storage Market in Telecommunication Industry 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The energy storage market in telecommunication industry will register a CAGR of close to 12% by 2022.
The advent of IoT to drive growth in the market
IoT is expected to become the next critical engine for future growth of the telecom ecosystem. IoT devices function on various connectivity technologies including Wi-Fi, Blue tooth, LPWAN, and cellular.
Increase in power consumption
Off-grid energy storage technologies improve the efficiency of power plants, as they decrease the burden on the main grid and lessen the transmission and distribution (T&D) losses. In addition, they also make the T&D more flexible and support in meeting the peak demand to improve system efficiency. Hence, the increase in power consumption is one of the major drivers for the demand for off-grid ESS.
Decline in diesel prices
The primary reason for the adoption of ESS in telecom towers was to decrease the carbon footprint and lessen the cost and dependency on diesel. However, a continuous and year-over-year decline has been observed in the prices of diesel since 2012, resulting in a negative impact on the adoption of ESS in the telecommunication industry.
Key Players
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- GS Yuasa International
- Saft
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Battery - Market size and forecast 2017-2022
- Fuel cell - Market size and forecast 2017-2022
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Advent of IoT
- Rise in 4G subscription
- Developments in fuel cell technology
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- GS Yuasa International
- Saft
For more information about this report visit https://www.researchandmarkets.com/research/m5625r/energy_storage_in?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190117005302/en/