Telecom Equipment Repair Market- Key Players are Telecom Test and Repair Laboratories, Extel Technologies, Kosse Partners I, LLC, Advanced Technical Services

Telecom equipment repair is an aftermarket service market wherein, telecom companies outsource repair and maintenance services to extend the life of equipment used both within and after the warranty period. The telecom business requires significant investment of capital for infrastructure development. Telecom equipment accounts for a considerable share of the invested capital. As per industry standards, usually, these equipment have a lifespan of five to seven years, thus telecom vendors try to make optimum use and improve the life of the equipment in order to ensure quality services with minimal downtime. Consequently, telecom vendors seek warranty support from telecom equipment manufacturers (OEM) owing to the highly time-sensitive nature of the business. Moreover, telecom vendors outsource repair and maintenance services and manage to extend the life of telecom equipment up to 10 years after of the warranty period. This, in turn, is expected to drive the demand for telecom equipment repair service providers globally. The telecom equipment repair market is a part of the secondary telecom services market. The telecom equipment repair market is expected to expand at a steady pace during the forecast period owing to the steady expansion of the global secondary telecom services market.

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Regulatory compliance, environment safety initiatives, and continued technology developments are expected to boost the telecom equipment industry between 2018 and 2026. Moreover, remarketing and reselling of obsolete telecom equipment as residual income is boosting the telecom equipment repair services market globally. However, low awareness about the safe disposal and upgrade of existing telecom equipment assets, among small and medium enterprises (SMEs), is anticipated to hamper the global telecom equipment repair market. Rising IT investments and government electronic equipment recycling initiatives are expected to offer lucrative opportunity for the telecom equipment repair vendors across the world, especially in North America. The market in Europe is expected to expand at a steady pace during the forecast period. The market in Asia Pacific is anticipated to expand at a significant growth rate during –the forecast period. The market in Middle East & Africa, and South America is anticipated to expand at a steady pace in the near future.

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