Telecom Power Systems Market Size by Type (Indoor Telecom Power System, Outdoor Telecom Power System), By Technology (AC Power, DC Power, Digital Electricity), By Application (Macro/Outdoor BTS, Data Centres, Indoor DAS [Active DAS, Passive DAS, and Hybrid DAS]), COVID-19 Impact Analysis, Growth Potential, Regional Outlook, Competitive Market Share & Forecast, 2023 - 2032
Global Telecom Power Systems Market is poised to propel significantly through 2032 owing to the development of telecom infrastructure in rural areas. High-quality wireless network systems installed in rural locations can help alleviate the need for high-cost copper and fiber optic cables to deliver broadband connectivity. To set up wireless broadband networks in rural regions, rural telecom companies are using hybrid Telecom power systems.
Besides, the increased emphasis of leading industry participants on leveraging cutting-edge technologies and developing advanced products with improved functionalities will propel market revenues during the forecast period. For instance, in March 2022, EnerSys announced the launch of its latest power technology to improve the operating efficiency of industrial applications. The maintenance-free Lithium-ion (Li-ion), as well as Thin Plate Pure Lead (TPPL) battery technologies from NexSys, are changing warehouse operations by offering lift truck fleet managers two efficient, high-performance, sustainable, and safe power solutions.
The telecom power systems market has been divided in terms of type, technology, application, indoor DAS, and region.
Based on technology, the AC power segment amassed more than 26% market share in 2022. AC-powered telecommunications systems utilize alternating current via inverters, which convert direct current to uninterruptible alternating current. AC-powered systems are commonly used in applications requiring a high input power, including data centers and telecom equipment thermal management solutions. When compared to DC systems, these systems are more advantageous because controlling the voltage level is relatively easier and less expensive with AC power distribution systems. These benefits are expected to foster segmental growth through the forecast period.
With respect to application, the indoor DAS segment is set to account for over 15% of revenues by 2032. Indoor Distributed Antenna Systems (DAS) are gaining increased recognition as a workable solution to macro cell site network coverage and capacity constraint problems. DAS networks are a preferred choice for multi-vendor wireless systems in indoor settings like stadiums, smart homes, and airports, owing to their capability to support multiple wireless frequencies concurrently.
From the regional perspective, the Asia Pacific telecom power systems market is projected to expand significantly over the review timeline. The regional growth is credited to the ongoing proliferation of cutting-edge technologies, such as connected cars, smart cities, IIoT, etc. It is anticipated that the widespread use of cell phones and internet services in countries such as China and India will propel the demand for power networks. The presence of key market players, including ZTE Corporation and Huawei Technologies may further support industry growth across the APAC region through 2032.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook