(Telecom-NewsWire.Net, February 13, 2018 ) Energy storage that corresponds to the telecom market is generally battery storage units integrated with on-grid and off-grid telecom towers. Battery energy storage units are installed to provide power supply to telecom towers during power outages and peak load shaving time. These units are either clubbed with diesel generators to switch between power sources whenever needed or used as stand-alone batteries.
Publisher's analysts forecast the global battery market in telecommunications to grow at a CAGR of 3.38% during the period 2017-2021.
Market study identifies the increase in power consumption to be one of the primary growth factors for the battery market in telecommunications. Off-grid energy storage technologies reduces the loss and improves the efficiency of power plants. Additionally, these technologies increase the flexibility of transmission and distribution (T&D) and helps to deal with the high demand. Growing population and rapid urbanization has increased the power consumption, resulting in power outages and heavy electricity load during peak hours.
Market challenge -Lead pollution and stringent laws
Market trend -Declining Li-ion battery prices
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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