USD 1.85 billion
Report ID: SQMIG45A2048 | Region: Global | Published Date: November, 2022 | Pages: 165 | Tables: 122 | Figures: 77
Telecom Generator Market size was valued at USD 1.85 billion in 2021 and is poised to grow from USD 1.99 billion in 2022 to USD 2.08 billion by 2030, growing at a CAGR of 8.35% in the forecast period (2023-2030).
To keep customers like medical workers, policemen, rescue personnel, and others connected with consistent communications, the telecom sector needs a continuous connection to a dependable power supply. In order to ensure affordable, reliable, and safe operations during power outages, generator sets are frequently employed as a reserve power supply. The industry also urgently needs constant load replacements to power remote cell tower areas and high-demand signal switch facilities. The telecom industry uses a variety of generator types, including petroleum, gas, and sustainable energy generators. The market's future growth is expected to be boosted by the surge in demand for consistent & dependable power in the telecommunications infrastructure amid power cuts.
The proliferation of telecom facilities in rural areas, the soaring use of telecom services and high data traffic, rising sense of the need to reduce the carbon footprint of telecom power grids, the surging use of hybrid energy systems, and the progression of cellular data technology are the main drivers of this industry's expansion.
US Telecom Generator Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.85 billion
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The Global Telecom Generator Market segmentation is based on component, grid-type, fuel, power rating, and region. Based on components the market is segmented into rectifiers, inverters, convertors, controllers, heat management systems, generators and others. Based on grid-type the Telecom Generator Market is segmented into on-grid, off-grid, and bad-grid. Based on fuel, the market is segmented into diesel, gas, and other. Based on power rating, the Telecom Generator Market is segmented into Below 75 kVA, 75 kVA – 375 kVA, 375 kVA – 750 kVA, and Above 750 kVA. Based on Region the global Telecom Generator market is segmented into North America, Europe, Asia-Pacific, Latin America, and MEA.
Telecom Generator Market Analysis by Component
In 2021, in terms of telecom power systems, generators will command the largest market position and have dominated the market. The most popular portable power systems are generators, and the most regular are the kind that relies on fossil fuels. In the existing economy, generators hold the biggest share of the component sector.
Telecom Generator Market Analysis by Grid-type
During the projected timeline, bad grid-connected telecom power systems would hold the greatest market share. Emerging nations like India, Brazil, and Africa are the biggest users of bad grid-connected telecom power systems. Since bad grid conditions are common throughout many areas and most telecom power plants are situated in isolated places with intermittent power supplies, bad grid accounts for the largest market share in the grid type sector.
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In 2021, Asia-Pacific held the highest share in the global telecom generator market. Due to the region's huge population pool and high concentration of smartphone users, Asia Pacific is expected to represent the greatest share of the global telecom power system industry in 2028. China, South Korea, and India have all advanced their telecom industries. A few nations, including India and South Korea, have appeared with a few setup that concentrate on the forthcoming trends in digital facilities, such as cloud technology, information security, and effectively communicating technologies. This development of the telecom market, in turn, contributes to the emergence of the telecom power system market. The consistent rollout of 5G technologies is anticipated to be the key development engine for this industry in Europe.
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Telecom Generator Market Driver
The fast use of the telecom sector has grown the need for telecom power systems by requiring the construction of further towers to serve a greater number of users. The increase in mobile data traffic is being caused by the expansion of wireless nodes attached to cellular operators. The requirement for more competent and capable networks is expanding at the same time as the number of mobile devices with superior processing and multimedia capabilities rises.
Telecom Generator Market Restraint
The telecom power systems are being used to keep a high type of power supply and prevent operating downtime. Machinery for telecom power systems is expensive because it comes with a lot of functions. Improved efficiency, disruption detector, and flicker sensors are just a few of the characteristics available on large power quality components. As a result, many pieces of technology are pricey and require costly implementation. High prices for premium telecom power equipment are anticipated to limit industry expansion.
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Prominent competitors in the telecom generator market are investing strategically in the development and introduction of cutting-edge technologies to meet the growing demand for effective telecoms across a range of end-use sectors. In addition, some businesses are setting up production facilities in diverse locations to increase their presence in new markets. For instance, KOHLER-SDMO debuted its New Value series of commercial generators. The generators, which are driven by BAUDOUIN engines, offer a 900 kVA to 1500 kVA power range, making them appropriate for a variety of industries that rely on power.
Telecom Generator Market Top Players Company Profiles
Telecom Generator Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the generators sector dominated the global telecom generator market in 2021 and is anticipated to maintain its dominance throughout the forecast period. In 2021, bad-grid connected telecom generators had the biggest market share due to their wide use in emerging economies. In 2021, Asia-Pacific dominated the global telecom generator market owing to the region's large proportion of population.
|Market size value in 2021||USD 1.85 billion|
|Market size value in 2030||USD 1.99 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Telecom Generator Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Telecom Generator Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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