Research and Markets has announced the addition of the “Telecom Power System Market in North America 2012-2016” report to their offering. The analysts forecast the Telecom Power System market in North America to grow at a CAGR of 3.23 percent over the period 2012 to 2016. One of the key factors contributing to this market growth is the growing telecom network infrastructure. The Telecom Power System market in North America has also been witnessing the increasing outsourcing of manufacturing activities. However, the declining profit margins of manufacturers could pose a challenge to the growth of this market.
The key vendors dominating this market space are Delta Electronics Inc., Eaton Corp., Eltek ASA, Emerson Network Power, and General Electric Co.
Other vendors mentioned in the report are APC Corp., Argus Power System, C&D Technologies Inc., Cherokee Power Supplies, Chloride Power Systems and Solutions, Magnetek Inc. and Power One Inc.
Commenting on the report, an analyst from the team said since the global economic downturn, there has been a steady increase in the emergence of cost-driven manufacturing companies across Asian countries. Several organizations in North America are increasingly outsourcing their manufacturing activities to developing countries such as India and China. This is mainly because of the availability of low-cost labor and a skilled workforce in these countries. In addition, this move helps companies to increase their market presence in new geographies. Thus, the increasing outsourcing of manufacturing activities leads to an increase in investment from both domestic and international vendors.
According to the report, the increasing deployment of telecom infrastructure including all IP-based, broadband- and mobile-oriented networks is increasing the requirements of telecom power systems. There are also continuous technological advances and changes in customer requirements.