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Market development
The market for telecom energy systems is linked to the development of the larger telecom equipment sector, which again follows the development of the investment levels of telecom operators in infrastructure. Global operator capital expenditures declined in 2009, as a result of the financial crisis.
Global carrier capital expenditures were down around five percent in 2009 reflecting the weaker financial and economic environment. However, significant disparity across geographies was observed with China exhibiting a reverse capital expenditure trend (up approximately 30 percent) while spending was down approximately 10 percent for the rest of the world. The market for telecom power systems declined even more than the general telecom equipment market.
Despite modest signs of improvement in the global economy, operators are expected to remain cautious and keep investments at a relatively modest, but stable, level. However, power efficiency is becoming an increasingly important driver which fuels a growing global replacement market.
The same flat or modestly growing trend is expected also for the various industrial segments. Long term, the solar-to-grid market is expected to grow, however, the short term development is more uncertain. The same is true for the electric vehicle charger market. However, these “green” markets represent great growth opportunities for Eltek Valere as a relative newcomer with leading high efficiency products.
Copyright 2010 Eltek ASA • Date: 2010.9.4 • Disclaimer • Phone +47 32 20 32 00 eltek@eltek.com