China electronic transmission equipment market: 16% CAGR forecast between 2012-16
Electronic Transmission Equipment Market in China 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-17 06:17:01
The China Electronic Transmission Equipment market is to grow at a CAGR of 15.97 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the demand for electronic transmission equipment from the Telecom sector. The Electronic Transmission Equipment market in China has also been witnessing the increasing deployment of wireless technology-enabled services by telecom operators. However, the increasing threat from regional vendors could pose a challenge to the growth of this market.
With the increase in the demand for wireless computing devices, telecom operators are increasing their focus on wireless technology. The demand for electronic transmission equipment is expected to increase primarily because of advancements in mobile telecommunications. With the advent of 4G technology, there has been an increase in the demand for higher bandwidth and wireless transmission. As a result, telecom operators have increased their investment in wireless transmission equipment. Therefore, the increasing focus on wireless technology is expected to have a positive impact on the growth of the Electronic Transmission Equipment in China.
One of the major drivers in the market is the increasing demand for electronic transmission equipment from the Telecom sector. The Telecom sector in China is currently spending a considerable amount of capital on mobile network construction to increase their network coverage.
One of the major challenges in the market is the threat from regional and local vendors. Regional and local vendors of electronic transmission equipment sell their products at low costs; this has a negative impact on the revenue of the vendors. In addition, the increasing price war among vendors affects their profit margins in the Electronic Transmission Equipment market in China as this market is characterized by the presence of several SMEs and cost-driven companies.
The key vendors dominating this space include Laird plc, NEC Corp., and UTStarcom Inc.
The other vendors mentioned are Nanjing Panda Electronic Co. Ltd., Skyworth Group, SVA Group, and TCL Corp.
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