The global telecom power systems market size reached US$ 5.3 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 10.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.9% during 2023-2032.
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.
AC
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.
Converters
Controllers
Heat Management Systems
Generators
Others
Based on the component, the market has been segmented into rectifiers, converters, controllers, heat management systems, generators and others.
Diesel-Solar
Diesel-Wind
Multiple Sources
Based on the power source, the market has been segmented into diesel-battery, diesel-solar, diesel-wind and multiple sources.
Off Grid
Bad Grid
Based on the grid type, the market has been segmented into on grid, off grid and bad grid.
Asia-Pacific
Europe
Middle East and Africa
Latin America
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
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.
2. What will be the telecom power systems market outlook during the forecast period (2024-2032)?
3. What are the major global telecom power systems market drivers?
4. What are the major trends in the global telecom power systems market?
5. What is the impact of COVID-19 on the global telecom power systems market?
6. What is the global telecom power systems market breakup by product type?
7. What is the global telecom power systems market breakup by component?
8. What is the global telecom power systems market breakup by power source?
9. What is the global telecom power systems market breakup by grid type?
10. What are the major regions in the telecom power systems market?
11. Who are the leading telecom power systems industry players?
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.
Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global telecom power systems market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type, component, power source and grid type.Breakup by Product Type:
DCAC
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:
RectifiersConverters
Controllers
Heat Management Systems
Generators
Others
Based on the component, the market has been segmented into rectifiers, converters, controllers, heat management systems, generators and others.
Breakup by Power Source:
Diesel-BatteryDiesel-Solar
Diesel-Wind
Multiple Sources
Based on the power source, the market has been segmented into diesel-battery, diesel-solar, diesel-wind and multiple sources.
Breakup by Grid Type:
On GridOff Grid
Bad Grid
Based on the grid type, the market has been segmented into on grid, off grid and bad grid.
Breakup by Region:
North AmericaAsia-Pacific
Europe
Middle East and Africa
Latin America
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Delta Electronics Inc., Eaton Corporation plc, ABB Ltd., Huawei Technologies Co. Ltd., Schneider Electric SE, Vertiv Group Corporation, Cummins Inc., Myers Power Products Inc., Ascot Industrial S.r.l. 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.
Key Questions Answered in This Report
1. What was the global telecom power systems market size in 2023?2. What will be the telecom power systems market outlook during the forecast period (2024-2032)?
3. What are the major global telecom power systems market drivers?
4. What are the major trends in the global telecom power systems market?
5. What is the impact of COVID-19 on the global telecom power systems market?
6. What is the global telecom power systems market breakup by product type?
7. What is the global telecom power systems market breakup by component?
8. What is the global telecom power systems market breakup by power source?
9. What is the global telecom power systems market breakup by grid type?
10. What are the major regions in the telecom power systems market?
11. Who are the leading telecom power systems industry players?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Telecom Power Systems Market
6 Market Breakup by Product Type
7 Market Breakup by Component
8 Market Breakup by Power Source
9 Market Breakup by Grid Type
10 Market Breakup by Region
11 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Delta Electronics Inc.
- Eaton Corporation plc
- ABB Ltd.
- Huawei Technologies Co. Ltd.
- Schneider Electric SE
- Vertiv Group Corporation
- Cummins Inc.
- Myers Power Products Inc.
- Ascot Industrial S.r.l.
- Unipower
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 137 |
Published | July 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 5.3 Billion |
Forecasted Market Value ( USD | $ 10.5 Billion |
Compound Annual Growth Rate | 7.9% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |