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The global telecom power systems market reached a value of US$ 4.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Telecom power systems are used to assist telecommunication services by controlling and monitoring the flow of power over telecom networks. Telecom power systems consist of a number of smaller units that bear various technical requirements such as converters, controllers, distributors, etc. The evolution in the telecom power system market came after the telecom industry got integrated with information technology (IT). The global telecom power systems market is currently witnessing a rapid growth with telecom towers being largely installed even in rural and remote areas. Power systems represent a cost-effective solution for maintaining and controlling telecom services in such areas as grid electricity represents a major challenge and they often face power shortages.
The strong growth of telecom infrastructure in rural areas, particularly in developing regions such as the Asia Pacific and Africa represents a key factor driving the demand of telecom power systems. In order to meet the demand of the rising number of subscribers in such regions, a number of towers have been installed in rural and remote areas. Telecom power systems are playing a major role in improving the efficiency and reliability of telecom services in such locations. Moreover, the rising use of hybrid power systems is also creating a positive impact on the environment by utilizing renewable sources of energy such as wind and solar, thereby reducing the amount of emission of greenhouse gases.
IMARC Group provides an analysis of the key trends in each sub-segment of the global telecom power systems market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on product type, component, power source and grid type.
Breakup by Product Type:
Based on the product type, the market has been segmented into direct current (DC) and alternating current (AC) based power systems. Currently, direct current systems dominates the market, holding the largest share.
Breakup by Component:
Based on the component, the market has been segmented into rectifiers, converters, controllers, heat management systems, generators and others.
Breakup by Power Source:
Based on the power source, the market has been segmented into diesel-battery, diesel-solar, diesel-wind and multiple sources.
Breakup by Grid Type:
Based on the grid type, the market has been segmented into on grid, off grid and bad grid.
Breakup by Region:
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been examined with some of the key players being Delta Electronics, Eaton, ABB Group, Huawei Technologies Co., Schneider Electric, Vertiv Co., Cummins Power, Myers Power Products, Inc., Ascot Industrial and Unipower.
This report provides a deep insight into the global telecom power systems market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the telecom power systems market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Component, Power Source, Grid Type, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Delta Electronics, Eaton, ABB Group, Huawei Technologies Co., Schneider Electric, Vertiv Co., Cummins Power, Myers Power Products, Inc., Ascot Industrial and Unipower|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
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The global telecom power systems market reached a value of US$ 4.1 Billion in 2020.
According to the estimates by IMARC Group, the global telecom power systems market is expected to exhibit strong growth during the next five years.
The growth of the telecom infrastructure in rural areas, in confluence with the increasing popularity of wireless communication technologies, is one of the major drivers fueling the global telecom power systems market growth.
Due to rising environmental concerns, there is an increase in the demand for hybrid power systems that utilize renewable energy sources, such as wind and solar, and reduce emissions of greenhouse gases (GHGs).
With the rapid spread of the coronavirus disease (COVID-19) and consequent lockdowns implemented by governments of numerous countries, individuals are spending more time at home and using higher amounts of data. As a result, leading service providers are adopting different strategies to benefit consumers and fulfill the increasing data requirement, which, in turn, is positively impacting market growth.
Based on the product type, the market has been bifurcated into direct current (DC) and alternating current (AC).
On the basis of the component, the market has been segmented into rectifiers, converters, controllers, heat management systems, generators and others.
The market has been analyzed on the basis of the power source into diesel-battery, diesel-solar, diesel-wind and multiple sources.
On the basis of the grid type, the market has been divided into on, off and bad grid.
Region-wise, the market has been classified into Europe, North America, Latin America, Asia Pacific, and Middle East and Africa.
Leading industry players are Delta Electronics, Inc., Eaton Corporation Plc, ABB Group, Huawei Technologies Co. Ltd, Schneider Electric SE, Vertiv Group Corporation, Cummins Inc., Myers Power Products, Inc., Ascot Industrial Srl, and UniPower LLC.
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