May 17, 2024
Telecom Power Systems Market

The Telecom Power Systems Market Is Poised Towards Renewable Energy Adoption By 2030

Telecom power systems refer to the infrastructure required to provide uninterrupted power supply to telecom towers and networks. They comprise equipment such as rectifiers, converters, controllers, and batteries that help regulate and store power for telecommunication applications. Telecom power systems ensure reliable transmission and reception of voice and data signals. They play a vital role in maintaining connectivity especially in remote areas lacking grid infrastructure.

The global telecom power systems market is estimated to be valued at US$ 4823.48 Bn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2024 to 2030. The market has witnessed significant growth owing to increasing mobile phone penetration and rollout of 5G network infrastructure worldwide. Rapid digitalization and the rising demand for high-speed internet have further propelled the need for robust and resilient telecom infrastructure. Telecom power systems help operators provide uninterrupted connectivity and mitigate revenue loss during power outages.

Key Takeaways

Key players operating in the telecom power systems market are Archer Daniels Midland Company, Seagarden AS, Phermpep Co. Ltd., Arlak Biotech Pvt. Ltd., Naturade, Royal DSM, MYOS RENS Technology Inc., Natural Factors Inc., Valio Oy, GenScript, HELIX BIOMEDIX, Oryn Therapeutics, Selecta Biosciences, NIBEC, vivitide, PEPTIDE INSTITUTE, INC, BCN Peptides, Setlance srl., APEPTICO Forschung und Entwicklung GmbH, and BIONANOPLUS.

The growing demand for mobile connectivity in emerging markets has propelled the need for robust telecom infrastructure. According to GSMA, the number of unique mobile subscribers worldwide is expected to reach 5.8 billion by 2025 representing a 70% penetration rate. This is anticipated to drive investments towards expanding and upgrading telecom networks requiring reliable power solutions.

Furthermore, global telecom operators are investing heavily in upgrading infrastructure to roll out 5G networks. As 5G deployment scales up over the next decade, it will usher opportunities for advanced power systems with features like green energy integration, AI-based condition monitoring, and predictive maintenance. Leading carriers have already undertaken pilots and PoCs of next-gen power solutions supporting open interfaces and interoperability.

Market key trends

The increasing adoption of renewable energy sources is one of the key trends in the telecom power systems market. With volatile fuel prices and rising carbon footprint of diesel generators, operators are exploring hybrid power systems and exclusive use of green technologies like solar and wind energy. Telecom equipment vendors are developing modular solutions optimized for integration with renewable energy sources as well as energy storage capabilities. The transition towards eco-friendly power infrastructure will be another significant factor shaping developments in the telecom power systems industry through 2030.
Porter’s Analysis
Threat of new entrants: The Telecom Power Systems Market Demand has a moderate threat of new entrants due to high initial investments required to set up manufacturing facilities and R&D.
Bargaining power of buyers: Buyers have moderate bargaining power as there are many established players in the market providing telecom power systems.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power as raw materials required are commoditized and available from multiple sources.
Threat of new substitutes: Threat of substitutes is low as telecom power systems have no close substitutes and play a vital role in telecom infrastructure.
Competitive rivalry: The market has high competitive rivalry with major players differentiating through technological innovations.

Geographical Regions
North America region accounts for the largest share of the global telecom power systems market in terms of value. This is attributed to highly developed telecom infrastructure and presence of major players in the region.

Asia Pacific region is expected to witness the fastest growth during the forecast period. This is due to rapid investments in telecom network rollout, upcoming 5G deployments and increasing digitization in countries such as China and India.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it