by The Telecom Power Systems Market is estimated to be valued at US$ 4187.04 Mn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Telecom power systems are categorized as AC and DC power systems which are essential to support telecom towers and infrastructure. They provide continuous and stable power supply to network components such as routers, switches, DSLAMs, macro/small cells, and edge data centers. The DC system components includes rectifiers, batteries, voltage regulators and inverters while AC system consists of generators, automatic voltage regulators, transformers and distribution boards. They ensure uninterrupted telecom operations in case of power failure from grid.
Market Dynamics:
The growing demand for improved connectivity and connectivity needs of 5G networks are expected to drive the telecom power systems market growth during the forecast period. The advent of 5G technology requires dense networks with many more telecom towers equipped with low-power nodes which will increase deployment of edge computing facilities. This will raise the demand for reliable power systems in telecom infrastructure. Additionally, expansion of telecom networks to rural areas where grid connectivity is intermittent also supports market expansion. However, higher initial investment and operational expenditures associated with telecom power systems may hamper the market growth.
Segment Analysis
The telecom power systems market can be segmented based on component, power source, application, and region. Based on component, the rectifiers segment dominated the market in 2022 owing to its necessity to convert AC to DC power required for telecom infrastructure equipment. Rectifiers ensure uninterrupted power supply and voltage regulation.
PEST Analysis
Political: Investments towards infrastructure development across developing nations have mandated deployment of advanced telecommunication networks, boosting demand for resilient power systems.
Economic: Lowering equipment costs and competitive pricing strategies adopted by Chinese players have made telecom infrastructure affordable. This has amplified investments towards network upgradation.
Social: Rising digitization and surging mobile data usage are prompting telecom operators to strengthen network coverage and capacity through infrastructure expansion. This drives the need for robust power supply systems.
Technological: Adoption of renewable energy sources like solar and wind for powering telecom towers helps optimize operational costs. Advances in lithium-ion batteries improve backup capabilities.
Key Takeaways
The global Telecom Power Systems Market Growth is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing investments in mobile infrastructure modernization across emerging economies.
The regional analysis indicates that Asia Pacific dominated the market and is expected to grow at the fastest pace during the forecast period. Rising digital connectivity initiatives by governments through projects like Digital India are compelling telecom operators to invest substantially in LTE and 5G network rollout.
Key players operating in the telecom power systems market are Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Huawei Technologies Co. Ltd., EnerSys, Cummins Inc., Delta Electronics Inc., Myers Power Products Inc., Efore, and Vertiv Co. Telco giants like Huawei offer modular and scalable solutions optimized for 5G deployments and edge computing applications. They also provide intelligent monitoring and analysis software to remotely manage assets.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
