Telecom Power Systems Global Market Report 2024

The telecom power systems market size has grown rapidly in recent years. It will grow from $4.38 billion in 2023 to $4.84 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The observed growth in the historical period can be attributed to several factors, including network densification efforts, the emergence and proliferation of 4G networks, initiatives aimed at extending telecom connectivity to rural and remote areas, expansions in telecom infrastructure, and a heightened focus on environmental concerns and energy efficiency within the telecommunications sector.

The telecom power systems market size is expected to see rapid growth in the next few years. It will grow to $7.14 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The anticipated growth in the forecast period can be attributed to the expansion of 5G networks, an increase in data consumption demands, a shift towards adopting green energy sources, a rising need for hybrid power solutions, and a heightened focus on enhancing network resilience within the telecommunications industry. Key trends expected in this period encompass the adoption of microgrids and off-grid solutions, advancements in energy storage technologies, the implementation of hybrid power solutions, a continued emphasis on improving energy efficiency, and the integration of remote monitoring and management systems within telecom power systems.

The anticipated growth in the adoption of telecom services and the surge in high data traffic are expected to drive the expansion of the telecom power system market. Telecom services encompass various forms of voice telephony and data transmission processing services, while high data traffic involves the utilization of substantial bandwidth for active and continuous network traffic routes. Telecom power systems play a crucial role in enabling the smooth functioning of telecom services, organizing remote computer systems, and enhancing visibility into devices connecting to the network. As of November 2022, Ericsson reported that the share of mobile data traffic for 5G is projected to reach 69% by 2028. The global monthly average data usage per smartphone is expected to be 19 GB in 2023, with a forecast to reach 46 GB by the end of 2028. Moreover, total worldwide data traffic, excluding fixed wireless access (FWA) traffic, was anticipated to reach around 90 EB (exabytes) per month by the end of 2022 and is projected to grow nearly fourfold to reach 325 EB per month in 2028. This trend underscores the growing adoption of telecom services and high data traffic, acting as key drivers for the telecom power systems market.

The ongoing transition to 5G technology is poised to further propel the growth of the telecom power systems market. 5G technology represents the fifth generation of mobile networks, offering faster data speeds, lower latency, and increased connectivity for a diverse range of devices. The increased demand for higher data speeds, low-latency communication, and the proliferation of connected devices associated with 5G deployment necessitate a robust and efficient power infrastructure. Telecom power systems, including backup generators, batteries, and power management solutions, play an integral role in ensuring uninterrupted and reliable operation of 5G networks. As of January 2022, a study conducted by Verizon and Incisiv reported an overall 5G adoption rate of about 13%, which is expected to triple by 2024-2025. This surge in 5G adoption is a significant driver for the growth of the telecom power systems market.

The telecom power systems market is witnessing a prominent trend of product innovations, with major companies introducing cutting-edge products to maintain their positions in the market. A noteworthy example is ABB Ltd., a Switzerland-based automation firm, which expanded its innovative GPS 4830 power system in May 2021. These power systems serve as foundational components for high-efficiency telecom, networking, and data center power. Featuring unique attributes such as extended temperature range, redundant fan cooling, 1U height, high power density, wide range AC input, and 48V back bias, these systems stand out compared to other products in the market.

Major companies in the telecom power systems market are developing new power supply systems with high power density to secure a competitive edge. Power density in a power supply system measures the amount of power delivered per unit of space or volume, indicating the system's efficiency in distributing and utilizing power within a defined physical footprint. Huawei Technologies Co., Ltd., a China-based technology company, exemplifies this trend by launching the PowerPOD 3.0 in May 2022, representing the latest generation of its power supply system. This solution emphasizes core technology innovation and component convergence to optimize data center power supply systems. Notable features include a 40% reduction in footprint through an innovative converged architecture and the ultra-high-density UPS5000-H. This results in increased power density per cabinet and more efficient space utilization. PowerPOD 3.0 achieves a 70% reduction in power consumption and shortens the delivery period by 75% through the use of tray-asuch as prefabricated busbars for internal connections. Equipped with the iPower intelligent feature, the system leverages AI technologies for autonomous driving, end-to-end visibility, temperature prediction, life prediction of key components, and intelligent settings. These innovations underscore the commitment of major players in the telecom power systems market to deliver advanced and efficient solutions to meet evolving industry demands.

In April 2022, Capital Telecom Services, LLC (CTS), a telecommunications company based in the United States, completed the acquisition of ElectraComm Services for an undisclosed sum. This strategic move enabled Capital Telecom Services to broaden its range of offerings by incorporating additional EV station platforms, smart power technology, smart city solutions, solar energy solutions, and various alternative energy offerings. ElectraComm Services, also based in the United States, specializes in power systems and related technologies.

Major companies operating in the telecom power systems market report are Delta Electronics Inc., Cummins Inc., Huawei Technologies Co. Ltd., Eaton Corporation plc, ZTE Corporation, Schneider Electric, Microtek International Inc., AEG Power Solutions BV, ABB Ltd., Dynomic Power Group, Efore Group, JMA Wireless, Staticon Ltd., Unipower LLC, VoltServer, Vertiv Co., General Electric Company, Myers Power Products Inc., ACME Electric Corporation, Emerson Electric Co., Mitsubishi Electric Corporation, Toshiba Corporation, Eltek AS, Power-One Inc., Bel Fuse Inc., Advanced Energy Industries Inc., Alpha Technologies Ltd., Corning Incorporated, Zinwave Limited.

North America was the largest region in the telecom power systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the telecom power systems market report during the forecast period. The regions covered in the telecom power systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the telecom power systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary components of telecom power systems encompass rectifiers, batteries, controllers, inverters, power distribution units, generators, and other essential elements. Rectifiers serve as electrical devices converting alternating current (AC) into direct current (DC), vital for unidirectional power flow. Telecom power systems operate within different grid types, including on-grid, off-grid, and unreliable grid systems, utilizing diverse power sources such as diesel-battery, diesel-solar, and diesel-wind configurations. These systems cover power ranges categorized as low, medium, and high, catering to various end-users including access, core, and metro segments within the telecommunications industry.

The telecom power systems market research report is one of a series of new reports that provides telecom power systems market statistics, including telecom power systems industry global market size, regional shares, competitors with a telecom power systems market share, detailed telecom power systems market segments, market trends and opportunities, and any further data you may need to thrive in the telecom power systems industry. This telecom power systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.