The global telecom power systems market is anticipated to grow at a considerable CAGR of around 8.6% during the forecast period. The major factors that are contributing significantly to the growth of the market include the increasing mobile subscription that has increased the telecom tower installations and high demand for faster network and services. The demand for advanced network and services which incorporates 5G and VoLTE in rising with increase in the number of smartphone and internet users, which is leading to the growth of the telecom power systems industry globally. As per the PEW Research data, it is estimated more than 5 billion people had mobile devices, and over half of these connections are smartphones in 2020. The population of users grew by 93 million in 2020 with an annual growth rate of 1.8%. The increased number of smartphone users has surged the number of telecom tower installation using globally. Moreover, solar energy is being used for providing electric power to telecommunication systems in undeveloped areas. 

Generating power energyfrom diesel solar systems minimizes the carbon gas emmisions in the environment. Government, globally are pitching for reducing carbon gas emissions by providing subsidies for installation of solar power panel. Owing to this reason, diesel solar power source contributes in the growth of telecom power systems market. For instance, in January 2022, Low Carbon, UK renewable energy investor started to build a solar and energy storage power plant, with the capacity of generating 500 MW electricity in Lincolnshire, England. This project is located near Gate Burton and connected with the power transmission system at National Grid’s Cottam Substation in Nottinghamshire. With this project, the company supplies electricity power for over 160,000 homes. 

Impact of COVID-19 Pandemic on Global Telecom Power Systems Market

The COVID-19 pandemic has caused a severe disaster to consumers, businesses, and communities across the globe. The shifting of office work towards work from home and social distancing has driven the demand for networking and connectivity of internet. Remote working, online video conferencing and internet of things have quickly emerged as a key for growth in the telecom power supply market. Guidelines issued by Ministry of Home Affairs on March 2020, states that “telecommunications, internet services, IT and IT-enabled services (ITeS) etc” are exempt from lockdown, these services are considered as essential services. Owing to this, telecom services attained a higher market growth. As a result, telecom power supply systems are continuously serving high speed data to their customers, which in turn positively impacted the growth of telecom power systems market. 

Segmental Outlook 

Global telecom power systems market is analyzed based on product type (AC, and DC), Bypower source (diesel battery,diesel solar,diesel wind, and others sources), Bycomponent (rectifier, inverter, converter, controller,generator, and others) Based on component, the rectifier segment holds the major share in telecom power systems market, owing to its vast applications in varios electronic devices such as laptops, and communication systems to improve the functioning and efficiency. Upserge in the number of internet users in developing and emerging countries increased the demand of rectifiers in telecom power systems.  

Global Telecom Power Systems Market Share by Component, 2021(%)

The Direct Current (DC) Holds the Major Share in the Global Telecom Power System Market

Based on product type, DC power supply accounted for a major share in the telecom power supply market in 2021. The DC provides the power to charge batteries, used in automotive applications, aircraft, and other low voltage machines. DC power systems have a wide range of applications in telecommunication systems, data centers, electric vehicles, aircraft, commercial buildings, and residential homes. Manufacturers of electronic components required DC converters to use in their electronic devices to reduce the space occupied by device circuits and to improve the performance of electronic devices. The manufacturers are focusing are increasingly investing in R&D activities to deliver efficient services to customers and collaborating with other players developing power systems with enhanced flexibility and smarter energy control. For instance, in September 2021, Infineon Technologies AG and Panasonic Corp, have signed an agreement for the development and production of second-generation (Gen2) technology for telecom power system. The advanced performance and capability of the Gen2 technology results in power savings, and total cost reduction. 

Regional Outlooks

The global telecom power systems market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East &Africa, and Latin America).  Asia-Pacific region projected to grow at fastest CAGR in the market during the forecast period. The high internet penetration in the region’s major economies that has boosted the installation of telecom towers and high adoption of green power alternatives such as diesel solar systems in telecom industry are the driving factors for the regional market growth. 

Global Telecom Power Systems Market Growth, by Region 2021-2027

North-America is estimated to account for highest share in the Telecom Power Systems Market

Geographicaly, the North America is anticipated to hold the major share of the telecom power systems market. The major economies of the region which includes, the US and Canada contribute significant shareto the growth of the telecom power systems market. The growth is imputed due to the increase in the number of internet towers, upgrading digitalization services, and growing investment in the telecom service market, such factors are the major drivers that support the market. The advancements in technology and advent of 5G service in region can pose immence prospect for the market. The presence of major players in the region which include GE Industrial Systems (ABB Ltd.), Cummins Inc., and Eaton Corpo, among others are supporting in market development. 

Market Players Outlook

The major companies that are contributing to the growth of  the global telecom power systems market are Applied ABB Ltd., Delta Electronics, Eaton, GE Industrial Solutions, Huawei Technologies Co., HIS Holding LTD., Aggreko ltd., Alpha Technologies, ZTE Corp, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2019, Eaton, an Australian based power company announced a global revamp of its DC power portfolio at Data Centre World 2019, with new intelligent power capabilities across the range to meet the needs of 5G networks. The company’s DC range focuses on providing intelligent energy storage, intelligent control and high-power density to ensure data and telecom facilities have options for world leading efficiency and low-cost deployment. 

The Report Covers

    • Market value data analysis of 2020 and forecast to 2027.

    • Annualized market revenues ($ million) for each market segment.

    • Country-wise analysis of major geographical regions.

    • Key companies operating in the global telecom power systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

   • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

    • Analysis of market-entry and market expansion strategies.

    • Competitive strategies by identifying ‘who-stands-where’ in the market.