Acumen Research and Consulting estimates that global Telecom Power System market is expected to reach the market value of around US$ 8 Bn by 2027 and is anticipated to grow at a CAGR of around 10.5% in terms of revenue during the forecast period 2020 – 2027.
Each-day internet, high-speed data, the telephone network and any other communications service are transmitted through telecommunications (telecom) power systems. In case of power interruptions and grid disturbances, telecoms networks protect telecom services. Power management systems enable the tracking and remote control of total battery life, storage efficiency and cost-effectiveness of storage and electricity resources at the site and function as predictive maintenance systems. The system can also be expanded with the use of renewable energy resources and can reduce operating costs. Renewable energy sources can be expanded to produce major energy savings and operating costs.
The report provides analysis of global Telecom Power System market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Telecom towers are increasingly penetrating rural and offset areas as well as small cell power systems that are currently being used for LTE, with the projected effect of increasing the demand on telecoms systems. Mobile data transmission and telecommunications operators have exponentially expanded their network coverage both in rural and metropolitan regions. The significant application of mobile devices in cities has enhanced femtocell and picocell incorporation, which require DC power systems. The increasing use of hybrid power systems is thought to lead the growth of telecom power systems. The absence of network connectivity in rural areas is expected to encourage suppliers around the world to apply hybrid system, as these solutions involve energy efficient and cost-effective solutions given the environmental concerns caused by the overuse of non-renewable sources in the power industry. Due to a large drop in global renewable energy sources, the installation cost structure and required hybrid system facilities are energy-efficient and cost-effective compared to traditional power generating systems. The growing consumer propensity to reduce the carbon footprint of the telecom industry and to extend telecom infrastructure
Asia Pacific region is anticipated to dominate the market led by China. Thanks to the deployment of the telecommunications towers in rural areas to expand the telephone network to the growing mobile subscriber’s base, and the promotion of convergence. 3G network growth has occurred in the Asia Pacific region, and Asia Pacific countries have launched LTE networks. The demand in North America will also increase fase as small cell nodes for LTE are installed on a large scale and existing power systems are converted to high-productivity power systems.
The market research study on “Telecom Power System Market (Telecom Power System Market By Grid: Off Grid, On Grid; Telecom Power System Market By Component: Controllers, Rectifiers, Heat Management Systems, Converters, Generators, Protection Devices, Distribution Unit, Circuit Breakers, Others; Telecom Power System Market By Type: Low Pressure, High pressure, Atmospheric Pressure) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Telecom Power System market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Telecom Power System market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Telecom Power System market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Telecom Power System market is segmented as below:
Telecom Power System Market By Grid
Telecom Power System Market By Component
Heat Management Systems
Telecom Power System Market By Type
Telecom Power System Market By Geography
Middle East & Africa
Key Players and Market Situation
Participants include major global players such Eaton,GE Industrial Solutions, Cummins Power, Delta Electronics, Huawei Technologies Co., Vertiv Co., Schneider Electric, Microtek International Inc., AEG Power Solution B.V., Mitsubishi Electric Corporation, Others.
The telecom power system market value is anticipated to be worth around US$ 8 Bn in 2027.
The telecom power system market is anticipated to grow around 10.5% CAGR amid the forecast period 2020-2027.
The key players operating in telecom power system market such as Eaton,GE Industrial Solutions, Cummins Power, Delta Electronics, Huawei Technologies Co., Vertiv Co., Schneider Electric, Microtek International Inc., AEG Power Solution B.V., Mitsubishi Electric Corporation, Others.
The increasing use of hybrid power systems is thought to lead to the growth factor of telecom power systems.
The report provides insights on global telecom power systems market segment by grid, component, type, and major geographic regions.
The Asia Pacific region has occurred 3G network growth.
The Telecom Power System market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.