Telecom Power System Market Forecasts to 2028 – Global Analysis By Type (Outdoor, Indoor), Grid Type (Off-Grid, On-Grid), Component, Application, and By Geography
According to Stratistics MRC, the Global Telecom Power System Market is accounted for $3.65 billion in 2021 and is expected to reach $6.72 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Telecom power systems are utilized to assist telecommunication services by controlling and monitoring the flow of power over telecom networks. Telecom power system helps in providing telecommunication services in situations such as grid power fluctuations and interruptions.
Market Dynamics:
Driver:
Increasing adoption of telecom services
Telecommunication services such as voice, internet, networking, and data services are being adopted at a faster pace. With the increasing need for telecommunication services, they are utilized in all industries. With the smoother work execution including better communication services, better internet services pertaining to better file transfer in offices, etc., people have started trusting these services for their day-to-day uses and necessities. The adoption of these services will lead to enhanced telecom infrastructure development in terms of more towers to provide services to more people and hence, higher demand for telecom power systems. Furthermore, increased adoption of telecom services by the majority of the population will drive the growth of the telecom infrastructure and it will lead to an increase in the requirement for the number of telecom power system components.
Restraint:
High operational costs
Telecom power systems are utilized to avoid operational downtime and maintain a high level of power quality. As telecom power system equipment is equipped with a number of features, their costs are high. The high-end power quality equipment is equipped with various features, such as high-power efficiency and disturbance detection, and flicker detection. Therefore, this equipment are expensive and have high installation costs. In addition, the construction and maintenance of telecom towers along with the maintenance of the power system components or devices incur more operational costs as more people are deployed to maintain the sites and it requires manpower to conduct site visits, which will majorly be on the outskirts of the city. Hence, the high costs of high-end telecom power equipment are expected act as a restraint for the market growth.
Opportunity:
Increasing need for advanced telecom infrastructure and M2M connections
The speed and reliability of advanced telecom infrastructure are likely to have a huge impact on machine-to-machine (M2M) and IoT. The main reasons for the high adoption of new M2M technologies are better connectivity for smooth communication and low power requirement. At present, the network capacity is incapable of handling M2M and human-based communications, as well as their different communication patterns. Therefore, a next-level cellular network for mobile communication, featuring hyper-connectivity, larger bandwidth, and low power requirements is needed. The growth and boom of IoT (Internet of Things) and M2M technologies need advanced telecom infrastructure, which will further improvise the connectivity, which, in turn, provide ample opportunities for this market growth.
Threat:
Issues related to designing telecom power systems
The major challenge for designers is to achieve better power efficiency while keeping the cost low and the structureless complex, mainly for devices working at higher frequency bands. In addition, the changing needs of different applications further increase the design complexity of semiconductor devices. Device manufacturers need to continuously advance the design to accommodate changes. These technological developments are creating design challenges that include maximizing linearity and isolation, managing power consumption, and antenna tuning. High integration is required as an increasing number of bands must squeeze into the limited space allocated to the telecom power systems. Therefore, it is challenging to accommodate all the developing technologies while designing robust and power-efficient telecom power systems.
The diesel-battery power source segment is expected to be the largest during the forecast period
The diesel-battery power source segment is estimated to have a lucrative growth as a diesel-battery power source is designed for bad-grid types and off-grid types, and they are utilized when the fuel consumption is very high. The diesel-battery power source is used in all the power systems as it is the most common and conventional power source and can work even in the absence of sufficient wind speed and sunlight, unlike non-conventional diesel-solar and diesel-wind power sources.
The digital electricity segment is expected to have the highest CAGR during the forecast period
The digital electricity segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the evolution of digital electricity in recent years offering performance improvements. Digital electricity comprises smart meters that manage and record electricity and the performance of electronic equipment. It also provides accurate and in-depth digital algorithms on power usage in real-time or at scheduled intervals. With the increasing deployment of smart meters, the digital electricity segment is likely to expand at the growth of the segment.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to the large proportion of the world population, the number of mobile subscribers and telecom service end-users, and the rapid digital transformation of several industries in developing countries, offering a promising growth opportunity for telecom operators to create a sustainable ecosystem. Many countries in this region have developed their telecom services and a few start-ups in the region have emerged to focus on the upcoming trends in digital services which lead to growth in the telecom sector as a whole.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period owing to the robust and constant network connectivity and rising demand to commercialize 5G networks in the U.S encouraging telecom companies to develop advanced telecom infrastructure and related equipment. This region has been one of the early adopters of several innovative developments and telecommunication technologies owing to the high penetration rate of mobile devices and 4G-LTE networks.
Key players in the market
Some of the key players profiled in the Telecom Power System Market include Efore Group, ZTE Corporation, Vertiv Co., Unipower, Schneider Electric, Huawei Technologies, General Electric, Eltek AS, Alpha Technologies, Eaton, Delta Group, Cummins, Ascot Industrial, Myers Power Products, Inc. and ABB Group.
Key Developments:
In March 2022, Huawei Technologies launched an all-new microwave solution for 50 Gbps E-band, with the goal of meeting ultra-high-bandwidth needs in dense urban areas. The transmission range of the long-reach E-band is 50% higher than the industry average, which can cover dense urban areas with just one hop.
In Jan 2022, Eaton launched the latest addition to Eaton's 5 series UPS line, the Eaton 5PX G2 rackmount, and tower UPS provide the maximum power possible at each power rating. The 5PX G2 UPS has power ratings ranging from 1 to 3 kVA, with low and high voltage options, and offers up to four optional external battery modules for extra runtime.
Pressure Types Covered:
• Low Pressure
• High pressure
• Atmospheric Pressure
Types Covered:
• Outdoor
• Indoor
Grid Types Covered:
• Bad Grid
• Off-Grid
• On-Grid
Power Ratings Covered:
• Below 10 KW
• 10-20 kW
• Above 20 kW
Power Sources Covered:
• Diesel-Wind Power Source
• Diesel-Solar Power Source
• Diesel-Battery Power Source
• Multiple Sources (Diesel/Solar/Wind/Battery/Biomass)
Components Covered:
• Rectifiers
• Inverters
• Convertors
• Heat Management Systems
• Generators
• Controllers
• Other Components
Technologies Covered:
• Digital Electricity
• Direct Current (DC) Power Systems
• Alternating Current (AC) Power Systems
Applications Covered:
• Wireless Broadband Access
• Outdoor Distributed Base Transceiver Station
• Macro Base Transceiver Station
• Internet Backbone
• Fixed-Line Applications
• Enterprise Network
• Datacenters
End User Covered:
• Metro
• Core
• Access
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
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- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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