China’s 4G network will be launched soon, boosting demand for switching equipment
San Francisco, CA (PRWEB) March 13, 2013
Over the past decade, the Switching Equipment Manufacturing industry in China has been developing in conjunction with China's telecommunications sector, the industry's largest market. Large-scale network development, improved facilities, and an increasing number of mobile phone users have all increased demand for industry switching equipment, says IBISWorld.
In early 2009, three third-generation (3G) network operating licenses were issued to the main telecommunication operators, China Mobile, China Telecom and China Unicom. Since then, they have been investing in 3G-network construction, which has resulted in growing demand for switching equipment. Over the five years through 2013, revenue for the Switching Equipment Manufacturing industry in China has been growing at an annualized rate of 17.0%, says IBISWorld. In 2013, industry revenue is set to reach $72.4 billion.
The Switching Equipment Manufacturing industry has a high concentration level, with the top four enterprises – Huawei, ZTE, Alcatel-Lucent Shanghai Bell, and Nanjing Ericsson Panda Communications, accounting for three quarters of total industry revenue. These firms employ advanced technologies and enjoy the strong brand recognition to win important contracts for telecommunications equipment procurements, says IBISWorld. As demand for mobile telecommunication services expands in China and other developing countries, the top four players, which have already developed export markets, will enhance their performance through exports. This is expected to increase the industry concentration level in future years.
By the end of 2013, China's 4G network is expected to be launched with an operating license being issued to China Mobile. IBISWorld forecasts that the new network will boost demand for the Switching Equipment Manufacturing industry over the next five years.
For more information, visit IBISWorld’s Switching Equipment Manufacturing in China industry report page.
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IBISWorld Industry Report Key Topics
Businesses in the Switching Equipment Manufacturing Industry in China manufacture switching equipment for various communication networks such as telephone, Internet, mobile, telegraph, and optical. The industry also manufactures associated equipment like monitoring devices and time-synchronizing devices.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.