IMARC Group has recently released a new research study titled “Telecom Power Systems Market Report by Product Type (DC, AC), Component (Rectifiers, Converters, Controllers, Heat Management Systems, Generators, and Others), Power Source (Diesel-Battery, Diesel-Solar, Diesel-Wind, Multiple Sources), Grid Type (On Grid, Off Grid, Bad Grid), and Region 2024-2032: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global telecom power systems market size reached US$ 5.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
Global Telecom Power Systems Market Trends:
The increasing deployment of edge computing infrastructure, which requires reliable power solutions to support the processing and storage of data closer to end-users, reducing latency and improving network performance for emerging technologies such as IoT and fifth generation (5G) strengthening the market growth. Concurrently, the rising adoption of microgrids in remote and off-grid telecom sites, offering decentralized power generation and distribution capabilities that enhance energy resilience, reduce reliance on centralized grids, and optimize energy usage for telecom infrastructure in remote locations, is contributing to the market expansion.
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Factors Affecting the Growth of the Telecom Power Systems Industry:
- Expansion of telecommunications networks:
With the proliferation of mobile devices, the Internet of Things (IoT), and the growing demand for high-speed data services, telecommunications companies are continuously expanding and upgrading their networks to meet the rising demand for connectivity. This expansion includes the deployment of new cell towers, base stations, and data centers, where telecommunications infrastructure is still developing. Telecom power systems play a crucial role in providing the necessary power infrastructure to support these network expansions, ensuring uninterrupted operations and reliable connectivity for users, providing an impetus to the market expansion.
- Increasing demand for reliable power supply:
Telecommunications networks are mission-critical infrastructure that requires uninterrupted power supply to function effectively. Any downtime or power outage can result in service disruptions, revenue losses, and damage to the reputation of telecom operators. To mitigate these risks, telecom companies invest in robust power systems equipped with backup power solutions such as batteries, generators, and hybrid systems that can provide continuous power supply during grid outages or fluctuations. Additionally, the growing awareness of energy efficiency and environmental sustainability has led to a greater emphasis on energy-efficient power systems that can reduce operating costs and carbon emissions while ensuring reliability, aiding the market growth.
- Adoption of renewable energy sources:
With increasing concerns about climate change and environmental sustainability, telecom operators are increasingly turning to renewable energy sources such as solar, wind, and fuel cells to power their networks. Renewable energy solutions offer several advantages, including lower operating costs, reduced dependence on fossil fuels, and a smaller carbon footprint. Telecom power systems equipped with hybrid renewable energy solutions allow telecom operators to harness the abundant energy resources available at cell tower sites and remote locations, providing clean and sustainable power for their operations. Moreover, government incentives, regulations, and corporate sustainability initiatives are encouraging telecom companies to invest in renewable energy solutions, further bolstering the adoption of renewable-powered telecom power systems.
Key Companies:
- 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
Telecom Power Systems Market Report Segmentation:
By Type:
- DC
- AC
Direct current (DC) systems account for the majority of shares due to their efficiency, reliability, and compatibility with telecom equipment, making them a preferred choice for powering telecommunications infrastructure.
By Component:
- Rectifiers
- Converters
- Controllers
- Heat Management Systems
- Generators
- Others
Based on the components, the market is segmented into rectifiers, converters, controllers, heat management systems, generators, and others.
By Power Source:
- Diesel-Battery
- Diesel-Solar
- Diesel-Wind
- Multiple Sources
On the basis of power source, the market is bifurcated into diesel-battery, diesel-solar, diesel-wind, and multiple sources.
By Grid Type:
- On Grid
- Off Grid
- Bad Grid
Based on the grid type, the market is divided into on-grid, off-grid, and bad-grid.
Regional Insights:
- North America
- Asia-Pacific
- Europe
- Middle East and Africa
- Latin America
Based on the region, the market is segregated into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
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Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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