Telecom Service Provider Investment (CAPEX) Analysis Market: Drivers, Restraints, Opportunities, and Threats COVID-19 2026

According to a new market report published by Transparency Market Research, the global telecom service provider investment (CAPEX) market was valued at US$ 290.4 Bn in 2016 and is expected to expand at a CAGR of 7.1% from 2018 to 2026, reaching US$ 576.3 Bn by the end of the forecast period. According to the report, the global telecom service provider investment (CAPEX) will continue to be influenced by a variety of macroeconomic and industry-specific factors.

Asia Pacific will continue to be at the forefront of global telecom investment, with the market in the region growing at a CAGR of about 7.7% throughout the forecast period. Asia Pacific region is expected to see prominent capital investment due to rising 5G-related spending from operators which are focused on strengthening their fiber-based fixed broadband and backbone networks.

Emergence of 5G connectivity to drive the market

The global telecom service provider investment (CAPEX) is majorly driven due to rising demand for 5G connectivity which has led to a rise in investment from telecom service providers in every zone. 5G connectivity is likely to enhance the working of networks. Moreover, rapid development in terms of research activities with respect to innovative telecom equipment and services by equipment manufacturers is allowing telecom service providers to deploy or launch their 5G services as per their intended schedule. Furthermore, telecom operators are focusing significantly on expanding their network coverage range and network capacity in order to improve their market position.

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As demand for mobile broadband services continues to rise, mobile wireless network service providers are focusing on expanding their network capacity. However, the global telecom service provider investment (CAPEX) is expected to remain challenged due to the increasing emphasis of enterprises on owning and leasing telecom towers to telecom companies which requires less capital expenditure. However, penetration of Internet of Things (IoT) technology is expected to offer huge opportunities for telecom operators to invest, in order to offer advance products.

Telecom Service Provider Investment (CAPEX): Scope of the Report

The report offers detailed segmentation based on the hardware (vendor type, equipment type), services, and network type. By equipment type, hardware has been segmented into telecom hardware and IT hardware (non-telecom). Telecom hardware has further been segmented into aggregation equipment, wireless infrastructure, IP routers and CES, optical equipment, TDM voice infrastructure, and other telecom network equipment. Among telecom hardware equipment, except TDM voice infrastructure and wireless infrastructure, the other equipment types are expected to grow significantly as companies are emphasizing on investing in IP based solutions as compared to legacy TDM based infrastructure.

On the basis of services, the market is segmented into EPC and others. Others has been further segmented into consulting, network designing, installation and maintenance, and testing & optimization. EPC service is expected to hold larger share throughout the forecast period. This is because it becomes convenient for telecom operators to outsource their entire site development project to a third party. In terms of network type, wireless infrastructure is expected to experience significant market growth during the forecast period due to the increasing 5G rollouts.

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Global Telecom Service Provider Investment (CAPEX): Competitive Dynamics

Major strategies adopted by telecom operators include strategic acquisitions and partnerships. Major telecom players studied in the report are China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group plc, Nippon Telegraph & Telephone Corporation, Telefonica S.A., America Movil, China Telecom, and SoftBank, Deutsche Telekom. These telecom service provider either purchase hardware form OEMs or avail services from EPCs.  Some other significant EPC players active in the telecom service provider investment (CAPEX) are Bechtel Corporation, Jacobs, Black & Veatch Holding Company, KCI Technologies, GPD Group, Morrison Hershfield, TECTONIC Engineering & Surveying Consultants P.C., KLJ, and Burns & McDonnell. Various OEMs players profiled areHuawei Technologies Co., Cisco Systems, Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Fujitsu Ltd., Ltd., ZTE Corporation, Samsung, Qualcomm Incorporated,and NEC Corporation.

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Smart and Mobile Supply Chain Solutions Market to Register Exponential Growth During COVID-19 Pandemic (2019-2027)

Smart & mobile supply chain solutions are integrated software applications aimed at providing complete business visibility, optimization of inventories, and synchronization of supply with demand & manufacturing. Currently, competitive economic conditions are compelling industries to increase production in a cost-effective manner. This, in turn, is leading to a rise in the demand for smart & mobile supply chain solutions aimed at optimizing processes and supply chain. Need for quicker turnaround time and efficient utilization of resources is further driving the need for automation in industries.

Therefore, increasing demand for industrial automation is a crucial factor boosting the smart & mobile supply chain solutions market across the world. Furthermore, growth in e-commerce coupled with the need to deliver goods rapidly to gain competitive advantage have boosted the demand for smart & mobile supply chain solutions. Manufacturers are turning from traditional solutions to demand-driven solutions in order to efficiently meet e-commerce and omni-channel challenges in the smart & mobile supply chain solutions market.

Smart & Mobile Supply Chain Solutions Market: Scope of the Report

The global market for smart & mobile supply chain solutions has been segmented based on solution, enterprise size, industry, and geographic regions. In terms of solution, the market has been classified into Transportation Management Systems (TMS), Warehouse Management Systems (WMS), sourcing & procurement, supply chain planning, and manufacturing execution system. Based on enterprise size, the market has been divided into small & medium enterprises and large enterprises.

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In terms of industry, the market has been split into third party logistics (3PL) and commercial. The commercial segment has been further sub-segmented into retail & consumer goods, IT & telecom, manufacturing, BFSI, government, energy & utilities, healthcare, transportation & logistics, and others (food & beverages and aerospace & defense).

Based on region, the global smart & mobile supply chain solutions market has been segregated into North America, Asia Pacific, Europe, South America, and Middle East & Africa. Among these regions, North America accounts for a prominent share, in terms of revenue, of the global smart & mobile supply chain solutions market. Rapid digitization in the field of supply chain is a major factor boosting the market in the region. However, Asia Pacific and Europe are also projected to hold significant share of the global market during the forecast period.

Europe is a prominent market for smart & mobile supply chain management solutions, globally, due to rising awareness about the advantages of smart solutions. Evolving technologies coupled with significant cost reduction is a major factor driving the smart & mobile supply chain management solutions market in Europe. Emerging countries such as Brazil, Russia, China, and India are also fueling the demand for the smart & mobile supply chain solutions. Moreover, a rise in the demand for sourcing and procurement services for supply chain management is also boosting the market across the globe.

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Global Smart & Mobile Supply Chain Solutions Market: Competitive Dynamics

Key players operating in the global smart & mobile supply chain solutions market include SAP SE, Oracle Corporation, JDA Software Group, Inc., Manhattan Associates, Inc., Epicor Software Corporation, IBM Corporation, Descartes Systems Group, Inc., Infor Global Solutions, Inc., GT Nexus Inc., and Kewill Systems Plc.

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Automotive Drive Shaft Market to Register Incremental Dollar Opportunity During COVID-19 Crisis 2027

The expansion of the automotive industry across the globe, especially in developing economies such as China, India, and Brazil, is driving the global automotive drive shaft market. The automotive industry in Asia Pacific has been expanding at a notable pace since the last decade. The production of the auto industry has significantly increased in China, and India; additionally, they have made rapid advances in terms of volume production of vehicles, which in turn drives the global automotive drive shaft market.

The high focus of automakers on reducing the weight of vehicles in order to enhance their efficiency and lower emission levels, due to enactment of stringent emission laws in most of the countries, is boosting the development of new materials for manufacturing of drive shafts, which in turn is propelling the market for automotive drive shaft.

Regional Analysis of Automotive Drive Shaft market

In terms of region, the global automotive drive shaft market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a significant share of the global automotive drive shaft market in 2018, owing to high production of vehicles and rising demand for powerful performance vehicles among rapidly developing economies in the region. The global automotive drive shaft market is directly influenced by vehicle production and increasing penetration of four wheel drive vehicles.

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Europe and North America are key markets for the automotive drive axle, owing to production of large number of premium and all-wheel drive vehicles. Countries with extreme cold weather situations in these two regions witness higher demand for four wheel drive vehicles due to their superior performance on icy roads.

Prominent players operating in the global automotive drive shaft market include Advanced Composite Products & Technology Inc., American Axle & Manufacturing, Inc., Bailey Morris Limited, D & F PROPSHAFTS, Dana Limited, GKN Plc., HYUNDAI WIA CORP., IFA Group, JTEKT Corporation, Neapco, Nexteer Automotive Group Ltd., and Wilson Drive Shaft.

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Wheelchair Accessible Vehicle Converter Market To Record A Robust Growth Rate For The COVID-19 Period 2027

Government organizations in the U.S. and Canada, such as United States Department of Veterans Affairs, provide finance assistance to covert/purchase wheelchair accessible vehicles, thereby boosting the wheelchair accessible vehicle converter market. Governments in other countries, such as China, Japan, and a few in Europe, are encouraging mobility of people with disability by investing in wheelchair-friendly infrastructure and offering grants to buy wheelchair accessible vehicle. Increased demand for mobility among people with disability, globally, along with an increase in employment opportunities and education among them is driving the wheelchair accessible vehicle converter market.

In terms of entry configuration, side entry and rear entry segments hold nearly equal share of the global market. Side entry vehicles are highly preferred in North America, and the high volume sales of wheelchair accessible vehicles in the region contributed to the significant share held by the side entry segment of the global market. Rear entry wheelchair accessible vehicles are cost-effective, as compared to side entry ones. Cost of conversion of the vehicle into a side entry accessible vehicle is higher, as the side modification is labor intensive. Rear entry wheelchair accessible vehicles are preferred in Europe, Latin America, Middle East & Africa, and most of Asia Pacific.

Based on mode of entry, the ramps segment held a leading share of the wheelchair accessible converter market. The ramps are available as manual, foldable, and power ramps, and are widely used due to its cost-effective nature and robust design, which enables easy mounting and alighting from the vehicle. The lift mode of entry requires installing the lift into the vehicle body to mount and dismount the wheelchair from the vehicle. Lifts allow more comfortable entry into the vehicle and in limited space. The lift is the new technological advancement in design of the wheelchair accessible vehicle and is anticipated to record high growth during the forecast period.

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Regional Analysis of Wheelchair Accessible Vehicle Converter Market

In terms of region, the wheelchair accessible vehicle converter market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held a prominent share of the global market in 2018. It is anticipated to lead the wheelchair accessible vehicle market during the forecast period, owing to the presence of a large number of wheelchair users in the North America region and active government support to promote mobility demands of people with disability.

Europe held a significant share of the wheelchair accessible vehicle converter market, owing to high demand in the U.K. and Germany. The wheelchair accessible converter market is matured in developed regions and countries such as North America, Europe, Japan, and ANZ.

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Automotive Electronic Stability Control System Market Opportunity and Analysis of Leading Players to 2027

• The automotive electronic stability control system is a new braking system designed to help control and maintain lateral stability of the vehicle. Electronic stability prevents the vehicle from skidding and subsequently, from a crash. According to Bosch GmbH, every year, 32,000 people die in a traffic crash in the U.S., and the electronic stability control system is highly effective to prevent such accidents.
• Electronic stability control system comprises a wheel speed sensor and electronic control unit. The wheel speed sensor senses the speed of the vehicle and detects a slip occurring between the tire and the road. If the slip occurs between the road and the tire, the electronic stability control system reduces the wheel speed. In 1985, Robert Bosch invented the first electronic stability control system and Mercedes Benz were the first car company to use the electronic stability control system. 

Key Drivers of global Automotive Electronic Stability Control System Market

• Rise in demand for advance safety features including electronic control system and anti-lock braking system in vehicles is anticipated to boost the electronic stability control system market across the globe. According to National Highway Traffic Safety Administration, one-third of road accidents can be prevented by using the safety features including electronic brake force distribution and traction control system in vehicles. From April 2019, the Ministry of Road Transport and Highway in India made the incorporation of anti-lock braking system mandatory in every new vehicle, which in turn is likely to propel the automotive electronic stability control system market in India. 

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Rising road safety awareness among people combined with substantial increase in adoption of advance drive assist systems in the vehicles are projected to boost the automotive electronic stability control system market. According to Robert Bosch GmbH, upto 80% of all skidding accidents can be prevented by using the electronic stability control system. Canada Transport mandates the electronic stability control system in a vehicle that has been manufactured post 2012. This, in turn, is expected to fuel the automotive electronic stability control system market across the globe. 

Europe and Asia Pacific to hold prominent share of global automotive electronic stability control system market

• Europe is projected to account for a notable share of the global automotive electronic stability control system market due to significant presence of automotive industries and enactment of stringent rules regarding the installation of safety features in vehicles in the region. Rise in demand for advance drive assistance systems in vehicles is estimated to boost the automotive electronic stability control system market in Europe.
• Europe has presence of major original equipment manufacturers as well as Tier-1 suppliers, such as Robert Bosch, Continental AG, and Delphi Technologies, who are leading companies and have major research and development facilities for safety system. This is estimated to propel the automotive electronic stability control system market in Europe.

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Followed by Europe, Asia Pacific is projected to hold a major share of the global automotive electronic stability control system market due to an increase in vehicle production and sale in the region. Furthermore, high rate of adoption of advance drive assistance system in China, South Korea and Japan is estimated to boost the automotive electronic stability control system market in Asia Pacific. 

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Automotive Retrofit Electric Vehicle Powertrain Market Conveying Valuable Data By 2027

• Retrofitting an old vehicle into an electric vehicle is a new way to reduce pollution and promote zero-emission. Retrofit electric vehicles include replacement of the engine and fuel tank with a battery and battery charger, respectively.
• Retrofitted electric vehicles do not require gears and can travel up to 150km on a single charge. According to Central Motor Vehicle Rule, 1989, of India, the conversion of engine powered vehicles into pure electric operation with fitment of electric kit would be permitted if the vehicle was manufactured on or after January 1, 1990.

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Key Drivers of Global Automotive Retrofit Electric Vehicle Powertrain Market

• Rise in sale of vehicles across the globe is a key factor that drives the electric vehicle market. Vehicle manufacturers are emphasizing on retrofitting old vehicles into electric vehicles, which in turn is estimated to boost the automotive retrofit electric vehicle powertrain market across the globe. Enactment of numerous rules and regulations by various governments regarding emission, across the globe, is likely to boost the global automotive retrofitting electric vehicle powertrain market.
• Rise in demand for automatic transmission in the vehicle to enhance driving comfort is projected to propel the automotive retrofit electric vehicle market, as a retrofit electric vehicle doesn’t require gears. Major countries across the globe are focused on the development of pollution-free smart cities, and electric vehicles are expected to be a viable option to achieve this goal.

Europe and Asia Pacific to hold prominent share of global automotive retrofit electric vehicle powertrain market

• Europe is projected to hold a major share of automotive retrofit electric vehicle powertrain market due to significant presence of automotive industries and enactment of stringent rules regarding emission norms in the region. Increase in continuous research and development and collaboration between automotive companies is likely to fuel the automotive retrofit electric vehicle market in Europe.
• Followed by Europe, Asia Pacific is projected to account for a significant share of the global automotive retrofit electric vehicle powertrain market, due to an increase in vehicle production and sale in the region. China has significant reserves of lithium which in turn is estimated to propel investment for battery production for electric vehicle. Demand for electric vehicles is high in China and Japan which in turn would boost the automotive retrofit electric vehicle market in Asia Pacific.

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Automotive Multifunctional Lift System Market Evolving Latest Trends To Lead Global Industry By 2019–2027

• The automotive multifunctional lift system used in vehicle parking and repairing. It helps reduce parking issues, which is likely to boost the adoption of automotive multifunction lift system across the offices, residential areas, and shopping malls.
• Increase in adoption of artificial intelligence helps the multifunction lift system from maintenance problems and also sends messages to the server regarding the condition of lift system. Rise in demand for multifunction lift system across shopping malls, which helps to significantly reduce parking issues including automatic payment for parking and vehicle identity, is propelling the automotive multifunction lift system market across the globe.

Key Drivers of Global Automotive Multifunctional Lift System Market

• Rise in demand for vehicles across the globe is estimated to fuel the automotive multifunctional lift system market. Increase in number of vehicle service centers where multifunction lift systems are widely used for repairing the vehicle has significant demand for automotive multifunction lift system. Major original equipment manufacturers (OEMs) are trying to integrate advanced multifunction lift systems to enhance vehicle production, which is anticipated to boost the automotive multifunction lift system market across the globe.
• Several government and regulatory authorities have taken initiatives that mandate the implementation of multifunction lift system in the parking space in order to reduce the issue of parking across residential areas and offices. This, in turn, is projected to boost the automotive multifunction lift system market across the globe. Rise in adoption of Internet of Things (IoT) across the globe is estimated to further drive the demand for multifunction lift system, as multifunction lift system has function including vehicle identity and vehicle payment system.

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Europe and Asia Pacific to hold prominent share of global automotive multifunctional lift system market

• Europe is projected to hold a major share of the global automotive multifunctional lift system market due to a rise in living standard of people across the region. Major vehicle manufacturers across the region are focused on the integration of the multifunction lift system to enhance their vehicle production, which in turn boosts the automotive multifunction lift system across Europe.
• Followed by Europe, Asia Pacific is projected to account for a significant share of the global automotive multifunctional lift system market due to an increase in sale of vehicles across the region. Presence of major vehicle service centers across China, India, and Japan is projected to further boost the automotive multifunctional lift system market in Asia Pacific.

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