Infiniti’s latest market intelligence study on replacement batteries in the telecom industry analyzes the cost amalgamated with tower outages, including the cost associated when the voice service or data is sold by the minute.
Replacement battery market in the telecom industry
The growing usage of different kinds of consumer electronic goods is driving the market for replacement batteries. These batteries also have massive applications in the telecom sector for efficient energy storage. The rise in the number of telecom tower installations due to a significant increase in the number of subscriptions and use of mobile devices is encouraging service providers to look for superior power sources. The adoption of lithium-ion batteries to supply uninterrupted power sources to the towers and effective utilization of energy is gaining predominance in the telecom industry. Lithium-ion batteries offer higher durability and energy productivity compared to other variants of batteries available in the market. Replacement batteries are a more sustainable source of energy, and it provides uninterrupted energy during brownouts, power surges, blackouts, and power spikes. The introduction of low emission, high cycle and operational life, and remote monitoring capabilities of advanced batteries will revolutionize the telecom industry.
The recent market intelligence study by Infiniti offers strategic insights into the market in terms of growth drivers, segmentation, and challenges. The study also offers an all-inclusive view of the market landscape and helps companies ascertain the reliability of the customers willing to purchase these new-age batteries. The replacement batteries are designed to efficiently store and supply electricity to telecom towers, thereby curbing the reliance on diesel-fueled generators.
Focus on efficient energy storage devices
The growing concern about environmental sustainability and the requirement for long-duration power backup is encouraging the vendors to invest in the research and development of advanced battery technologies. The installation of these batteries will help telecom companies to reduce operational costs during breakouts such as fires and leakages and ensure the safety of equipment and data centers. The new batteries that are available in the market are compact and help reduce the power consumption of equipment, resulting in energy conservation. The development of energy-efficient devices and reducing operational power costs is attributing to the adoption of replacement batteries in the telecom industry.
Solutions and recommendations
Infiniti’s market intelligence study on replacement batteries helps companies in the telecom industry to identify potential market opportunities and design effective marketing strategies to promote sales of these products. Some of the solutions offered are listed below:
- Offer a better understanding of pricing themes in the replacement battery market
- Assess the battery market in terms of a cost to an outage condition and provide insights on the battery replacement paradigms
- Provide a thorough characterization of the market landscape in terms of the percentage
- Help the client determine the cost per hour of outage among the target regions
- Estimate the average cost data used per each tower
Read our comprehensive case study on how we helped a leading company assess the market intelligence landscape of the replacement battery market.