Product ID: SQMIG45A2048
Global Telecom Generator Market Size, Share, Growth Analysis, By Component(Rectifiers, Inverters), By Grid-type(On-Grid, Off-Grid), By Fuel(Diesel, Gas), By Power Rating(Below 75 kVA, 75 kVA – 375 kVA) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2048 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
122 |
Figures:
77
Global Telecom Generator Market Insights
Telecom Generator Market size was valued at USD 1.85 billion in 2019 and is poised to grow from USD 1.99 billion in 2023 to USD 2.08 billion by 2031, growing at a CAGR of 8.35% in the forecast period (2024-2031).
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 Telecom Generator Market Report Snapshots
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