London, 29 May 2015: Technavio, the independent tech-focused global research firm, has published a report on the global DC power system market 2015-2019, which is predicted to grow at a CAGR of 3.6% from 2015-2019.
Rising investments in telecom infrastructure and network expansion in emerging regions are fuelling the demand for DC power systems, which should drive moderate market growth over the forecast period. Also, intense competition in the telecom industry and growing demand for data centers have made it imperative for companies to seek energy-efficient power supply systems to reduce overhead costs.
“DC power system providers are now working to reduce operational costs, due to intense competition and increased price pressure from consumers,” says Faisal Ghaus, Vice President of Technavio.
“Power product vendors are investing heavily in R&D to develop innovative power systems featuring multiple functionalities.”
Key Market Drivers
- Increase in telecom infrastructure in APAC and Africa
- Investment in data centers by enterprises
- Growing focus on data services
Key Market Trends
- Increase in ultra-high capacity optical networks
- Development of advanced power systems
- Growing demand for cloud computing services
Key Market Vendors
- Eltek ASA
- Emerson Network Power
- General Electric Co. (GE)
- Huawei Technologies Co. Ltd.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
