Telecom Power System Market

Telecom Power System Market Size, Share, Growth Analysis, By Component(Rectifiers, Inverters), By Grid Type(On-grid, Off-grid), By Power Rating(Below 10 kW, 10-20 kW), By Power Source(Diesel-Battery Power Source, Diesel-Solar Power Source), By Technology(AC power systems, DC power systems), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG45I2146 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Telecom Power System Market Insights

Market Overview:

The market for telecom power systems is anticipated to increase from USD 4.2 billion in 2023 to USD 6.6 billion in 2028, growing at a CAGR of 9.4% over that time. Market drivers include the telecom industry's adoption of hybrid power systems and growing demand for tower installations.

Telecom Power System Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Telecom Power System Market is segmented by Component, Grid Type, Power Rating, Power Source, Technology, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Telecom Power System Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Component the market is segmented as, Rectifiers, Inverters, Convertors, Controllers, Heat management systems, Generators, Others:, Power Distribution Units, Batteries, Solar or PV cells, Wind turbines, Surge protection devices, Circuit breakers
  • Based on Grid Type the market is segmented as, On-grid, Off-grid, Bad grid
  • Based on Power Rating the market is segmented as, Below 10 kW, 10-20 kW, Above 20 kW
  • Based on Power Source the market is segmented as, Diesel-Battery Power Source, Diesel-Solar Power Source, Diesel-Wind Power Source, Multiple Power Sources
  • Based on Technology the market is segmented as, AC power systems, DC power systems
  • Based on Region the market is segmented as, North America, Europe, Asia Pacific, RoW, KEY MARKET PLAYERS, Eaton, Huawei Technologies, Cummins, ZTE Corporation, General Electric, Delta Electronics, Inc.

Regional Analysis:

Telecom Power System Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Telecom Power System Market Attractiveness Analysis, By Region 2020-2028
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Telecom Power System Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Telecom Power System Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Telecom Power System Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Telecom Power System Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Telecom Power System Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028. The telecom power systems market is witnessing significant growth due to several key factors. Firstly, the increasing deployment of 5G networks, which require more efficient and reliable power systems, is driving the demand for telecom power systems. Secondly, there is a rising awareness of the carbon footprint associated with the telecom industry, leading to a shift towards more sustainable power systems. Additionally, the expanding telecom infrastructure, driven by the growing demand for connectivity and the rise of remote working, is fueling the need for reliable and efficient power solutions. Government initiatives and investments in telecom infrastructure are also contributing to the market growth. Furthermore, the adoption of smart devices, the growth of cloud computing, and the increasing demand for secure telecom networks are additional driving factors. These factors combined are expected to propel the telecom power systems market in the coming years.
  • :
  • Driver: Increasing number of telecom infrastructures in remote areas
  • The demand for mobile, telephony, and data services has increased in rural areas from developing economies such as India, Africa, and Brazil. The telecom service providers and mobile network operators are expanding their network from the urban and semi-urban regions to rural areas to tap the existing market potential of the rural market in the developing economies. The need for power-efficient networks also rises with the increase in technological advancements in the telecommunications sector. The number of users connected to a network increases due to various services provided by service providers. To provide users with high-speed, large-scale broadband services, and computational activities, service providers install numerous devices/equipment, such as routers, servers, switches, and radio base stations, in locations such as data centers, companies, homes, streets, and public spaces. Also, there is an increased requirement for efficient power management solutions to increase the energy efficiency of these devices, along with power systems, cooling systems, and batteries. With the increase in the number of users and telecom infrastructure in rural areas, the networks’ requirements for telecom power systems will also witness significant growth.
  • Restraint: Environmental concerns due to usage of diesel
  • Diesel generators are the preferred source of electrical power for off-grid and standby power applications, such as cellular base stations, because of their durability and reliability. Diesel generators emit harmful pollutants like particulate matter (PM), volatile organic compounds (VOCs), and nitrous oxide (NOx), contributing to the formation of smog and worsening respiratory conditions. These emissions are directly released into the atmosphere, and they deteriorate the environment as well as inhabitants. The emission limits for nitrogen oxides and hydrocarbons have also been reduced for generators between 8 kW and 19 kW power. Thus, environmental concerns coupled with regulations by various regulatory bodies globally regarding the use of diesel generators are expected to hamper the telecom power system market growth during the forecast period.
  • Opportunity: Increasing technological advancements in cellular networks (5G, LTE services, etc.)
  • Long-term evolution (LTE), marketed as 4G LTE, is the standard for high-speed data for data terminals and mobile phones. It is one of the fastest wireless technologies in the market, and the rapid global adoption of the technology drives the telecom power system market. The penetration of 4G technology is rapidly increasing in developing countries worldwide. According to the ITU, the 4G penetration in APAC was ~96% in 2022. Also, the countries in Africa witnessed a 4G penetration of ~50% in 2022.
  • Moreover, the rising penetration of 4G technology has increased demand for high-efficiency telecom power systems, particularly from developing countries such as India. This is expected to drive the market for telecom power systems in developing countries across the world. Also, technological advancements such as the rolling out of 5G services are trending in developed countries such as the US and Japan. According to the GSM Association, global 5G connections are expected to reach 27.14% by 2025. This is further expected to propel the demand for telecom power systems.
  • Challenge: Design challenges for telecom power systems
  • The telecom operators face infrastructure-related challenges in expanding network coverage to rural and remote areas due to higher operational costs and low return on investment. To deploy telecom networks in emerging markets is a technical and major economic challenge due to the absence of power grids, remote locations, harsh climatic conditions, and often the absence of qualified personnel on the ground. The energy required for electricity production should mostly be through renewable energy sources such as diesel-wind, diesel-solar, etc. The challenge is that awareness for the same is difficult to create and the installation costs for renewable energy sources are high, posing it as a challenge for adopting telecom power systems.
  • Diesel–Battery power source likely to dominate overall telecom power systems market from 2023 to 2028
  • The high adoption of diesel-battery based combination power sources in telecom power systems can be attributed to several key factors. Firstly, these power systems are highly reliable, making them suitable for remote areas without access to the grid. The diesel generator ensures a constant power supply, while the batteries serve as backup during generator failures, ensuring uninterrupted operations. Secondly, these power systems offer great flexibility, as they can be utilized in both on-grid and off-grid environments and can be scaled to meet the specific requirements of any telecom site. Moreover, despite higher initial investments, diesel-battery power systems are cost-effective in the long run.
  • Bad grid connected telecom power systems likely to hold the largest market size during the forecast period.
  • The primary reasons for the widespread adoption of bad grids (battery-assisted direct current grids) in telecom power systems are the location of telecom power sites in remote areas with unreliable or limited grid power, the cost efficiency of bad grids compared to alternative power systems, their flexibility to meet diverse power requirements, and their lower environmental impact, appealing to telecom companies aiming to reduce their carbon footprint. These factors collectively drive the high deployment of bad grids, especially in developing economies and remote locations.
  • Generators to hold the largest market share for telecom power systems from 2023 to 2028
  • Based on components, generators are likely to dominate among all components as it provide reliability and long hours of use in remote locations without compromising performance. The use of generators has been a mainstay in the telecommunications industry. Generators that run on diesel are the most common sources of portable power since diesel fuel is widely available and requires a low initial setup cost. Backup diesel generators are built to last, providing reliability and long hours of use in remote locations without compromising performance.
  • China to hold the largest share of the telecom power system market in APAC from 2023 to 2028
  • China is expected to hold a significant share in the telecom power system market in APAC owing to high investments in network infrastructures, along with the presence of telecommunication companies, such as China Telecom and China Mobile, and low-cost communication technology providers, such as ZTE Corporation and Huawei Technologies. It is also a densely populated country worldwide, leading to a rise in demand for mobile and data connectivity infrastructures. The country's dense population is expected to lead to issues regarding the reliability of connectivity, resulting in call drops and network failures. Therefore, the key telecommunication players in China are collaborating to deploy advanced wireless infrastructures to offer enhanced wireless connectivity.
  • The key telecommunication equipment providers in China, including ZTE Corporation and Huawei Technologies, have signed more than 95 5G commercial deals with the leading global operators. Huawei launched 35 5G commercial networks in December 2020. Huawei Technologies and ZTE Corporation have a complete industrial chain in 5G technology with broader coverage than Nokia and Ericsson. They offer chips, terminals, power systems, and specialized end-to-end 5G solutions.
  • Recent Developments
  • In June 2023, ZTE Corporation has signed a Memorandum of Understanding (MOU) with TM, Malaysia's prominent converged telco and technology company.
  • In April 2023, ABB is driving forward its expansion strategy in the US through an investment of around USD 170 million, aimed at establishing advanced manufacturing, innovation, and distribution facilities.
  • In May 2023, ZTE Corporation and the International Project Management Association (IPMA) have officially entered a memorandum of understanding (MOU) to establish a collaborative partnership. This collaboration will encompass various aspects, including research on project management standards, sharing best practices in project management, and conducting professional talent training.
  • In March 2023, General Electric revealed its intention to allocate over USD 450 million towards enhancing its current manufacturing facilities in the United States this year.
  • In March 2023, ABB entered into a strategic partnership with Direct Energy Partners (DEP), a digital technology start-up focused on expediting the adoption of Direct Current (DC) microgrids.
  • In March 2022, Huawei launched and added a brand-new addition to its network solution by launching a 50 Gbps E band solution for ultra-high bandwidth requirements in urban areas, which can provide up to a 50% transmission range when compared to other available solutions in the industry. This helps to save network energy on all bands and to scale up the deployment of 5G networks.
  • In February 2022, General Electric revealed a multiyear strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to expedite grid modernization for utilities.
  • In January 2022, Eaton introduced the latest addition to Eaton's 5 series UPS line, the Eaton 5PX G2 rackmount, and tower UPS provide the maximum power possible at each power rating. The 5PX G2 UPS has power ratings ranging from 1 to 3 kVA, with low and high voltage options, and offers up to four optional external battery modules for extra runtime. The UPS is primarily used in servers (including VoIP (Voice over Internet Protocol)), storage, networking equipment, switches (including PoE (Power of Ethernet)), and other IT equipment. It provides enhanced connectivity and cybersecurity protection, suitable for universities, medical facilities, IT, etc.
  • In December 2021, ZTE added a product to its router product series, which focuses on internet core nodes, backbone aggregation nodes, large-scale MAN core egress nodes, and DC-GW (Data Centre Gateway). It is a high-capacity router, which is safe, reliable, and can be expanded to transport integrated services as it is a standalone system and it focuses on building flat networks, facilitating unified transport, and future-oriented network evolution.
  • In November 2021, ZTE launched its first-ever pilot network to facilitate and support 5G-SA (5G- Standalone Access) capabilities. It further included the use of advanced 5G network capabilities in medical applications.
  • KEY MARKET SEGMENTS
  • By Component
  • Rectifiers
  • Inverters
  • Convertors
  • Controllers
  • Heat management systems
  • Generators
  • Others:
  • Power Distribution Units
  • Batteries
  • Solar or PV cells
  • Wind turbines
  • Surge protection devices
  • Circuit breakers
  • By Grid Type
  • On-grid
  • Off-grid
  • Bad grid
  • By Power Rating
  • Below 10 kW
  • 10-20 kW
  • Above 20 kW
  • By Power Source
  • Diesel-Battery Power Source
  • Diesel-Solar Power Source
  • Diesel-Wind Power Source
  • Multiple Power Sources
  • By Technology
  • AC power systems
  • DC power systems
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • RoW
  • KEY MARKET PLAYERS
  • Eaton
  • Huawei Technologies
  • Cummins
  • ZTE Corporation
  • General Electric
  • Delta Electronics, Inc.
  • Schneider Electric

SkyQuest's Expertise:

The Telecom Power System Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Component - Rectifiers, Inverters, Convertors, Controllers, Heat management systems, Generators, Others:, Power Distribution Units, Batteries, Solar or PV cells, Wind turbines, Surge protection devices, Circuit breakers
  • By Grid Type - On-grid, Off-grid, Bad grid
  • By Power Rating - Below 10 kW, 10-20 kW, Above 20 kW
  • By Power Source - Diesel-Battery Power Source, Diesel-Solar Power Source, Diesel-Wind Power Source, Multiple Power Sources
  • By Technology - AC power systems, DC power systems
  • By Region - North America, Europe, Asia Pacific, RoW, KEY MARKET PLAYERS, Eaton, Huawei Technologies, Cummins, ZTE Corporation, General Electric, Delta Electronics, Inc.
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028. The telecom power systems market is witnessing significant growth due to several key factors. Firstly, the increasing deployment of 5G networks, which require more efficient and reliable power systems, is driving the demand for telecom power systems. Secondly, there is a rising awareness of the carbon footprint associated with the telecom industry, leading to a shift towards more sustainable power systems. Additionally, the expanding telecom infrastructure, driven by the growing demand for connectivity and the rise of remote working, is fueling the need for reliable and efficient power solutions. Government initiatives and investments in telecom infrastructure are also contributing to the market growth. Furthermore, the adoption of smart devices, the growth of cloud computing, and the increasing demand for secure telecom networks are additional driving factors. These factors combined are expected to propel the telecom power systems market in the coming years.
  • :
  • Driver: Increasing number of telecom infrastructures in remote areas
  • The demand for mobile, telephony, and data services has increased in rural areas from developing economies such as India, Africa, and Brazil. The telecom service providers and mobile network operators are expanding their network from the urban and semi-urban regions to rural areas to tap the existing market potential of the rural market in the developing economies. The need for power-efficient networks also rises with the increase in technological advancements in the telecommunications sector. The number of users connected to a network increases due to various services provided by service providers. To provide users with high-speed, large-scale broadband services, and computational activities, service providers install numerous devices/equipment, such as routers, servers, switches, and radio base stations, in locations such as data centers, companies, homes, streets, and public spaces. Also, there is an increased requirement for efficient power management solutions to increase the energy efficiency of these devices, along with power systems, cooling systems, and batteries. With the increase in the number of users and telecom infrastructure in rural areas, the networks’ requirements for telecom power systems will also witness significant growth.
  • Restraint: Environmental concerns due to usage of diesel
  • Diesel generators are the preferred source of electrical power for off-grid and standby power applications, such as cellular base stations, because of their durability and reliability. Diesel generators emit harmful pollutants like particulate matter (PM), volatile organic compounds (VOCs), and nitrous oxide (NOx), contributing to the formation of smog and worsening respiratory conditions. These emissions are directly released into the atmosphere, and they deteriorate the environment as well as inhabitants. The emission limits for nitrogen oxides and hydrocarbons have also been reduced for generators between 8 kW and 19 kW power. Thus, environmental concerns coupled with regulations by various regulatory bodies globally regarding the use of diesel generators are expected to hamper the telecom power system market growth during the forecast period.
  • Opportunity: Increasing technological advancements in cellular networks (5G, LTE services, etc.)
  • Long-term evolution (LTE), marketed as 4G LTE, is the standard for high-speed data for data terminals and mobile phones. It is one of the fastest wireless technologies in the market, and the rapid global adoption of the technology drives the telecom power system market. The penetration of 4G technology is rapidly increasing in developing countries worldwide. According to the ITU, the 4G penetration in APAC was ~96% in 2022. Also, the countries in Africa witnessed a 4G penetration of ~50% in 2022.
  • Moreover, the rising penetration of 4G technology has increased demand for high-efficiency telecom power systems, particularly from developing countries such as India. This is expected to drive the market for telecom power systems in developing countries across the world. Also, technological advancements such as the rolling out of 5G services are trending in developed countries such as the US and Japan. According to the GSM Association, global 5G connections are expected to reach 27.14% by 2025. This is further expected to propel the demand for telecom power systems.
  • Challenge: Design challenges for telecom power systems
  • The telecom operators face infrastructure-related challenges in expanding network coverage to rural and remote areas due to higher operational costs and low return on investment. To deploy telecom networks in emerging markets is a technical and major economic challenge due to the absence of power grids, remote locations, harsh climatic conditions, and often the absence of qualified personnel on the ground. The energy required for electricity production should mostly be through renewable energy sources such as diesel-wind, diesel-solar, etc. The challenge is that awareness for the same is difficult to create and the installation costs for renewable energy sources are high, posing it as a challenge for adopting telecom power systems.
  • Diesel–Battery power source likely to dominate overall telecom power systems market from 2023 to 2028
  • The high adoption of diesel-battery based combination power sources in telecom power systems can be attributed to several key factors. Firstly, these power systems are highly reliable, making them suitable for remote areas without access to the grid. The diesel generator ensures a constant power supply, while the batteries serve as backup during generator failures, ensuring uninterrupted operations. Secondly, these power systems offer great flexibility, as they can be utilized in both on-grid and off-grid environments and can be scaled to meet the specific requirements of any telecom site. Moreover, despite higher initial investments, diesel-battery power systems are cost-effective in the long run.
  • Bad grid connected telecom power systems likely to hold the largest market size during the forecast period.
  • The primary reasons for the widespread adoption of bad grids (battery-assisted direct current grids) in telecom power systems are the location of telecom power sites in remote areas with unreliable or limited grid power, the cost efficiency of bad grids compared to alternative power systems, their flexibility to meet diverse power requirements, and their lower environmental impact, appealing to telecom companies aiming to reduce their carbon footprint. These factors collectively drive the high deployment of bad grids, especially in developing economies and remote locations.
  • Generators to hold the largest market share for telecom power systems from 2023 to 2028
  • Based on components, generators are likely to dominate among all components as it provide reliability and long hours of use in remote locations without compromising performance. The use of generators has been a mainstay in the telecommunications industry. Generators that run on diesel are the most common sources of portable power since diesel fuel is widely available and requires a low initial setup cost. Backup diesel generators are built to last, providing reliability and long hours of use in remote locations without compromising performance.
  • China to hold the largest share of the telecom power system market in APAC from 2023 to 2028
  • China is expected to hold a significant share in the telecom power system market in APAC owing to high investments in network infrastructures, along with the presence of telecommunication companies, such as China Telecom and China Mobile, and low-cost communication technology providers, such as ZTE Corporation and Huawei Technologies. It is also a densely populated country worldwide, leading to a rise in demand for mobile and data connectivity infrastructures. The country's dense population is expected to lead to issues regarding the reliability of connectivity, resulting in call drops and network failures. Therefore, the key telecommunication players in China are collaborating to deploy advanced wireless infrastructures to offer enhanced wireless connectivity.
  • The key telecommunication equipment providers in China, including ZTE Corporation and Huawei Technologies, have signed more than 95 5G commercial deals with the leading global operators. Huawei launched 35 5G commercial networks in December 2020. Huawei Technologies and ZTE Corporation have a complete industrial chain in 5G technology with broader coverage than Nokia and Ericsson. They offer chips, terminals, power systems, and specialized end-to-end 5G solutions.
  • Recent Developments
  • In June 2023, ZTE Corporation has signed a Memorandum of Understanding (MOU) with TM, Malaysia's prominent converged telco and technology company.
  • In April 2023, ABB is driving forward its expansion strategy in the US through an investment of around USD 170 million, aimed at establishing advanced manufacturing, innovation, and distribution facilities.
  • In May 2023, ZTE Corporation and the International Project Management Association (IPMA) have officially entered a memorandum of understanding (MOU) to establish a collaborative partnership. This collaboration will encompass various aspects, including research on project management standards, sharing best practices in project management, and conducting professional talent training.
  • In March 2023, General Electric revealed its intention to allocate over USD 450 million towards enhancing its current manufacturing facilities in the United States this year.
  • In March 2023, ABB entered into a strategic partnership with Direct Energy Partners (DEP), a digital technology start-up focused on expediting the adoption of Direct Current (DC) microgrids.
  • In March 2022, Huawei launched and added a brand-new addition to its network solution by launching a 50 Gbps E band solution for ultra-high bandwidth requirements in urban areas, which can provide up to a 50% transmission range when compared to other available solutions in the industry. This helps to save network energy on all bands and to scale up the deployment of 5G networks.
  • In February 2022, General Electric revealed a multiyear strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to expedite grid modernization for utilities.
  • In January 2022, Eaton introduced the latest addition to Eaton's 5 series UPS line, the Eaton 5PX G2 rackmount, and tower UPS provide the maximum power possible at each power rating. The 5PX G2 UPS has power ratings ranging from 1 to 3 kVA, with low and high voltage options, and offers up to four optional external battery modules for extra runtime. The UPS is primarily used in servers (including VoIP (Voice over Internet Protocol)), storage, networking equipment, switches (including PoE (Power of Ethernet)), and other IT equipment. It provides enhanced connectivity and cybersecurity protection, suitable for universities, medical facilities, IT, etc.
  • In December 2021, ZTE added a product to its router product series, which focuses on internet core nodes, backbone aggregation nodes, large-scale MAN core egress nodes, and DC-GW (Data Centre Gateway). It is a high-capacity router, which is safe, reliable, and can be expanded to transport integrated services as it is a standalone system and it focuses on building flat networks, facilitating unified transport, and future-oriented network evolution.
  • In November 2021, ZTE launched its first-ever pilot network to facilitate and support 5G-SA (5G- Standalone Access) capabilities. It further included the use of advanced 5G network capabilities in medical applications.
  • KEY MARKET SEGMENTS
  • By Component
  • Rectifiers
  • Inverters
  • Convertors
  • Controllers
  • Heat management systems
  • Generators
  • Others:
  • Power Distribution Units
  • Batteries
  • Solar or PV cells
  • Wind turbines
  • Surge protection devices
  • Circuit breakers
  • By Grid Type
  • On-grid
  • Off-grid
  • Bad grid
  • By Power Rating
  • Below 10 kW
  • 10-20 kW
  • Above 20 kW
  • By Power Source
  • Diesel-Battery Power Source
  • Diesel-Solar Power Source
  • Diesel-Wind Power Source
  • Multiple Power Sources
  • By Technology
  • AC power systems
  • DC power systems
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • RoW
  • KEY MARKET PLAYERS
  • Eaton
  • Huawei Technologies
  • Cummins
  • ZTE Corporation
  • General Electric
  • Delta Electronics, Inc.
  • Schneider Electric
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Telecom Power System Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Telecom Power System Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028. The telecom power systems market is witnessing significant growth due to several key factors. Firstly, the increasing deployment of 5G networks, which require more efficient and reliable power systems, is driving the demand for telecom power systems. Secondly, there is a rising awareness of the carbon footprint associated with the telecom industry, leading to a shift towards more sustainable power systems. Additionally, the expanding telecom infrastructure, driven by the growing demand for connectivity and the rise of remote working, is fueling the need for reliable and efficient power solutions. Government initiatives and investments in telecom infrastructure are also contributing to the market growth. Furthermore, the adoption of smart devices, the growth of cloud computing, and the increasing demand for secure telecom networks are additional driving factors. These factors combined are expected to propel the telecom power systems market in the coming years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • :
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Increasing number of telecom infrastructures in remote areas
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The demand for mobile, telephony, and data services has increased in rural areas from developing economies such as India, Africa, and Brazil. The telecom service providers and mobile network operators are expanding their network from the urban and semi-urban regions to rural areas to tap the existing market potential of the rural market in the developing economies. The need for power-efficient networks also rises with the increase in technological advancements in the telecommunications sector. The number of users connected to a network increases due to various services provided by service providers. To provide users with high-speed, large-scale broadband services, and computational activities, service providers install numerous devices/equipment, such as routers, servers, switches, and radio base stations, in locations such as data centers, companies, homes, streets, and public spaces. Also, there is an increased requirement for efficient power management solutions to increase the energy efficiency of these devices, along with power systems, cooling systems, and batteries. With the increase in the number of users and telecom infrastructure in rural areas, the networks’ requirements for telecom power systems will also witness significant growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: Environmental concerns due to usage of diesel
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Diesel generators are the preferred source of electrical power for off-grid and standby power applications, such as cellular base stations, because of their durability and reliability. Diesel generators emit harmful pollutants like particulate matter (PM), volatile organic compounds (VOCs), and nitrous oxide (NOx), contributing to the formation of smog and worsening respiratory conditions. These emissions are directly released into the atmosphere, and they deteriorate the environment as well as inhabitants. The emission limits for nitrogen oxides and hydrocarbons have also been reduced for generators between 8 kW and 19 kW power. Thus, environmental concerns coupled with regulations by various regulatory bodies globally regarding the use of diesel generators are expected to hamper the telecom power system market growth during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: Increasing technological advancements in cellular networks (5G, LTE services, etc.)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Long-term evolution (LTE), marketed as 4G LTE, is the standard for high-speed data for data terminals and mobile phones. It is one of the fastest wireless technologies in the market, and the rapid global adoption of the technology drives the telecom power system market. The penetration of 4G technology is rapidly increasing in developing countries worldwide. According to the ITU, the 4G penetration in APAC was ~96% in 2022. Also, the countries in Africa witnessed a 4G penetration of ~50% in 2022.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Moreover, the rising penetration of 4G technology has increased demand for high-efficiency telecom power systems, particularly from developing countries such as India. This is expected to drive the market for telecom power systems in developing countries across the world. Also, technological advancements such as the rolling out of 5G services are trending in developed countries such as the US and Japan. According to the GSM Association, global 5G connections are expected to reach 27.14% by 2025. This is further expected to propel the demand for telecom power systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: Design challenges for telecom power systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The telecom operators face infrastructure-related challenges in expanding network coverage to rural and remote areas due to higher operational costs and low return on investment. To deploy telecom networks in emerging markets is a technical and major economic challenge due to the absence of power grids, remote locations, harsh climatic conditions, and often the absence of qualified personnel on the ground. The energy required for electricity production should mostly be through renewable energy sources such as diesel-wind, diesel-solar, etc. The challenge is that awareness for the same is difficult to create and the installation costs for renewable energy sources are high, posing it as a challenge for adopting telecom power systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Diesel–Battery power source likely to dominate overall telecom power systems market from 2023 to 2028
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The high adoption of diesel-battery based combination power sources in telecom power systems can be attributed to several key factors. Firstly, these power systems are highly reliable, making them suitable for remote areas without access to the grid. The diesel generator ensures a constant power supply, while the batteries serve as backup during generator failures, ensuring uninterrupted operations. Secondly, these power systems offer great flexibility, as they can be utilized in both on-grid and off-grid environments and can be scaled to meet the specific requirements of any telecom site. Moreover, despite higher initial investments, diesel-battery power systems are cost-effective in the long run.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Bad grid connected telecom power systems likely to hold the largest market size during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The primary reasons for the widespread adoption of bad grids (battery-assisted direct current grids) in telecom power systems are the location of telecom power sites in remote areas with unreliable or limited grid power, the cost efficiency of bad grids compared to alternative power systems, their flexibility to meet diverse power requirements, and their lower environmental impact, appealing to telecom companies aiming to reduce their carbon footprint. These factors collectively drive the high deployment of bad grids, especially in developing economies and remote locations.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Generators to hold the largest market share for telecom power systems from 2023 to 2028
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Based on components, generators are likely to dominate among all components as it provide reliability and long hours of use in remote locations without compromising performance. The use of generators has been a mainstay in the telecommunications industry. Generators that run on diesel are the most common sources of portable power since diesel fuel is widely available and requires a low initial setup cost. Backup diesel generators are built to last, providing reliability and long hours of use in remote locations without compromising performance.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China to hold the largest share of the telecom power system market in APAC from 2023 to 2028
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China is expected to hold a significant share in the telecom power system market in APAC owing to high investments in network infrastructures, along with the presence of telecommunication companies, such as China Telecom and China Mobile, and low-cost communication technology providers, such as ZTE Corporation and Huawei Technologies. It is also a densely populated country worldwide, leading to a rise in demand for mobile and data connectivity infrastructures. The country's dense population is expected to lead to issues regarding the reliability of connectivity, resulting in call drops and network failures. Therefore, the key telecommunication players in China are collaborating to deploy advanced wireless infrastructures to offer enhanced wireless connectivity.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The key telecommunication equipment providers in China, including ZTE Corporation and Huawei Technologies, have signed more than 95 5G commercial deals with the leading global operators. Huawei launched 35 5G commercial networks in December 2020. Huawei Technologies and ZTE Corporation have a complete industrial chain in 5G technology with broader coverage than Nokia and Ericsson. They offer chips, terminals, power systems, and specialized end-to-end 5G solutions.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In June 2023, ZTE Corporation has signed a Memorandum of Understanding (MOU) with TM, Malaysia's prominent converged telco and technology company.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In April 2023, ABB is driving forward its expansion strategy in the US through an investment of around USD 170 million, aimed at establishing advanced manufacturing, innovation, and distribution facilities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In May 2023, ZTE Corporation and the International Project Management Association (IPMA) have officially entered a memorandum of understanding (MOU) to establish a collaborative partnership. This collaboration will encompass various aspects, including research on project management standards, sharing best practices in project management, and conducting professional talent training.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2023, General Electric revealed its intention to allocate over USD 450 million towards enhancing its current manufacturing facilities in the United States this year.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2023, ABB entered into a strategic partnership with Direct Energy Partners (DEP), a digital technology start-up focused on expediting the adoption of Direct Current (DC) microgrids.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In March 2022, Huawei launched and added a brand-new addition to its network solution by launching a 50 Gbps E band solution for ultra-high bandwidth requirements in urban areas, which can provide up to a 50% transmission range when compared to other available solutions in the industry. This helps to save network energy on all bands and to scale up the deployment of 5G networks.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In February 2022, General Electric revealed a multiyear strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to expedite grid modernization for utilities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In January 2022, Eaton introduced the latest addition to Eaton's 5 series UPS line, the Eaton 5PX G2 rackmount, and tower UPS provide the maximum power possible at each power rating. The 5PX G2 UPS has power ratings ranging from 1 to 3 kVA, with low and high voltage options, and offers up to four optional external battery modules for extra runtime. The UPS is primarily used in servers (including VoIP (Voice over Internet Protocol)), storage, networking equipment, switches (including PoE (Power of Ethernet)), and other IT equipment. It provides enhanced connectivity and cybersecurity protection, suitable for universities, medical facilities, IT, etc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In December 2021, ZTE added a product to its router product series, which focuses on internet core nodes, backbone aggregation nodes, large-scale MAN core egress nodes, and DC-GW (Data Centre Gateway). It is a high-capacity router, which is safe, reliable, and can be expanded to transport integrated services as it is a standalone system and it focuses on building flat networks, facilitating unified transport, and future-oriented network evolution.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In November 2021, ZTE launched its first-ever pilot network to facilitate and support 5G-SA (5G- Standalone Access) capabilities. It further included the use of advanced 5G network capabilities in medical applications.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Component
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rectifiers
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Inverters
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Convertors
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Controllers
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Heat management systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Generators
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Power Distribution Units
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Batteries
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Solar or PV cells
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Wind turbines
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Surge protection devices
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Circuit breakers
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Grid Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • On-grid
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Off-grid
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Bad grid
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Power Rating
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Below 10 kW
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 10-20 kW
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Above 20 kW
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Power Source
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Diesel-Battery Power Source
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Diesel-Solar Power Source
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Diesel-Wind Power Source
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Multiple Power Sources
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Technology
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • AC power systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • DC power systems
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • North America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • RoW
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Eaton
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Huawei Technologies
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Cummins
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ZTE Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • General Electric
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Delta Electronics, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Schneider Electric
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Telecom Power System 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 Telecom Power System 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.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Telecom Power System Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Telecom Power System Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Telecom Power System was estimated to be valued at US$ XX Mn in 2021.

The global Telecom Power System Market is estimated to grow at a CAGR of XX% by 2028.

The global Telecom Power System Market is segmented on the basis of Component, Grid Type, Power Rating, Power Source, Technology, Region.

Based on region, the global Telecom Power System Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Telecom Power System Market are telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028. The telecom power systems market is witnessing significant growth due to several key factors. Firstly, the increasing deployment of 5G networks, which require more efficient and reliable power systems, is driving the demand for telecom power systems. Secondly, there is a rising awareness of the carbon footprint associated with the telecom industry, leading to a shift towards more sustainable power systems. Additionally, the expanding telecom infrastructure, driven by the growing demand for connectivity and the rise of remote working, is fueling the need for reliable and efficient power solutions. Government initiatives and investments in telecom infrastructure are also contributing to the market growth. Furthermore, the adoption of smart devices, the growth of cloud computing, and the increasing demand for secure telecom networks are additional driving factors. These factors combined are expected to propel the telecom power systems market in the coming years., :, Driver: Increasing number of telecom infrastructures in remote areas, The demand for mobile, telephony, and data services has increased in rural areas from developing economies such as India, Africa, and Brazil. The telecom service providers and mobile network operators are expanding their network from the urban and semi-urban regions to rural areas to tap the existing market potential of the rural market in the developing economies. The need for power-efficient networks also rises with the increase in technological advancements in the telecommunications sector. The number of users connected to a network increases due to various services provided by service providers. To provide users with high-speed, large-scale broadband services, and computational activities, service providers install numerous devices/equipment, such as routers, servers, switches, and radio base stations, in locations such as data centers, companies, homes, streets, and public spaces. Also, there is an increased requirement for efficient power management solutions to increase the energy efficiency of these devices, along with power systems, cooling systems, and batteries. With the increase in the number of users and telecom infrastructure in rural areas, the networks’ requirements for telecom power systems will also witness significant growth., Restraint: Environmental concerns due to usage of diesel, Diesel generators are the preferred source of electrical power for off-grid and standby power applications, such as cellular base stations, because of their durability and reliability. Diesel generators emit harmful pollutants like particulate matter (PM), volatile organic compounds (VOCs), and nitrous oxide (NOx), contributing to the formation of smog and worsening respiratory conditions. These emissions are directly released into the atmosphere, and they deteriorate the environment as well as inhabitants. The emission limits for nitrogen oxides and hydrocarbons have also been reduced for generators between 8 kW and 19 kW power. Thus, environmental concerns coupled with regulations by various regulatory bodies globally regarding the use of diesel generators are expected to hamper the telecom power system market growth during the forecast period., Opportunity: Increasing technological advancements in cellular networks (5G, LTE services, etc.), Long-term evolution (LTE), marketed as 4G LTE, is the standard for high-speed data for data terminals and mobile phones. It is one of the fastest wireless technologies in the market, and the rapid global adoption of the technology drives the telecom power system market. The penetration of 4G technology is rapidly increasing in developing countries worldwide. According to the ITU, the 4G penetration in APAC was ~96% in 2022. Also, the countries in Africa witnessed a 4G penetration of ~50% in 2022., Moreover, the rising penetration of 4G technology has increased demand for high-efficiency telecom power systems, particularly from developing countries such as India. This is expected to drive the market for telecom power systems in developing countries across the world. Also, technological advancements such as the rolling out of 5G services are trending in developed countries such as the US and Japan. According to the GSM Association, global 5G connections are expected to reach 27.14% by 2025. This is further expected to propel the demand for telecom power systems., Challenge: Design challenges for telecom power systems, The telecom operators face infrastructure-related challenges in expanding network coverage to rural and remote areas due to higher operational costs and low return on investment. To deploy telecom networks in emerging markets is a technical and major economic challenge due to the absence of power grids, remote locations, harsh climatic conditions, and often the absence of qualified personnel on the ground. The energy required for electricity production should mostly be through renewable energy sources such as diesel-wind, diesel-solar, etc. The challenge is that awareness for the same is difficult to create and the installation costs for renewable energy sources are high, posing it as a challenge for adopting telecom power systems., Diesel–Battery power source likely to dominate overall telecom power systems market from 2023 to 2028, The high adoption of diesel-battery based combination power sources in telecom power systems can be attributed to several key factors. Firstly, these power systems are highly reliable, making them suitable for remote areas without access to the grid. The diesel generator ensures a constant power supply, while the batteries serve as backup during generator failures, ensuring uninterrupted operations. Secondly, these power systems offer great flexibility, as they can be utilized in both on-grid and off-grid environments and can be scaled to meet the specific requirements of any telecom site. Moreover, despite higher initial investments, diesel-battery power systems are cost-effective in the long run., Bad grid connected telecom power systems likely to hold the largest market size during the forecast period., The primary reasons for the widespread adoption of bad grids (battery-assisted direct current grids) in telecom power systems are the location of telecom power sites in remote areas with unreliable or limited grid power, the cost efficiency of bad grids compared to alternative power systems, their flexibility to meet diverse power requirements, and their lower environmental impact, appealing to telecom companies aiming to reduce their carbon footprint. These factors collectively drive the high deployment of bad grids, especially in developing economies and remote locations., Generators to hold the largest market share for telecom power systems from 2023 to 2028, Based on components, generators are likely to dominate among all components as it provide reliability and long hours of use in remote locations without compromising performance. The use of generators has been a mainstay in the telecommunications industry. Generators that run on diesel are the most common sources of portable power since diesel fuel is widely available and requires a low initial setup cost. Backup diesel generators are built to last, providing reliability and long hours of use in remote locations without compromising performance., China to hold the largest share of the telecom power system market in APAC from 2023 to 2028, China is expected to hold a significant share in the telecom power system market in APAC owing to high investments in network infrastructures, along with the presence of telecommunication companies, such as China Telecom and China Mobile, and low-cost communication technology providers, such as ZTE Corporation and Huawei Technologies. It is also a densely populated country worldwide, leading to a rise in demand for mobile and data connectivity infrastructures. The country's dense population is expected to lead to issues regarding the reliability of connectivity, resulting in call drops and network failures. Therefore, the key telecommunication players in China are collaborating to deploy advanced wireless infrastructures to offer enhanced wireless connectivity., The key telecommunication equipment providers in China, including ZTE Corporation and Huawei Technologies, have signed more than 95 5G commercial deals with the leading global operators. Huawei launched 35 5G commercial networks in December 2020. Huawei Technologies and ZTE Corporation have a complete industrial chain in 5G technology with broader coverage than Nokia and Ericsson. They offer chips, terminals, power systems, and specialized end-to-end 5G solutions., Recent Developments, In June 2023, ZTE Corporation has signed a Memorandum of Understanding (MOU) with TM, Malaysia's prominent converged telco and technology company., In April 2023, ABB is driving forward its expansion strategy in the US through an investment of around USD 170 million, aimed at establishing advanced manufacturing, innovation, and distribution facilities., In May 2023, ZTE Corporation and the International Project Management Association (IPMA) have officially entered a memorandum of understanding (MOU) to establish a collaborative partnership. This collaboration will encompass various aspects, including research on project management standards, sharing best practices in project management, and conducting professional talent training., In March 2023, General Electric revealed its intention to allocate over USD 450 million towards enhancing its current manufacturing facilities in the United States this year., In March 2023, ABB entered into a strategic partnership with Direct Energy Partners (DEP), a digital technology start-up focused on expediting the adoption of Direct Current (DC) microgrids., In March 2022, Huawei launched and added a brand-new addition to its network solution by launching a 50 Gbps E band solution for ultra-high bandwidth requirements in urban areas, which can provide up to a 50% transmission range when compared to other available solutions in the industry. This helps to save network energy on all bands and to scale up the deployment of 5G networks., In February 2022, General Electric revealed a multiyear strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to expedite grid modernization for utilities., In January 2022, Eaton introduced the latest addition to Eaton's 5 series UPS line, the Eaton 5PX G2 rackmount, and tower UPS provide the maximum power possible at each power rating. The 5PX G2 UPS has power ratings ranging from 1 to 3 kVA, with low and high voltage options, and offers up to four optional external battery modules for extra runtime. The UPS is primarily used in servers (including VoIP (Voice over Internet Protocol)), storage, networking equipment, switches (including PoE (Power of Ethernet)), and other IT equipment. It provides enhanced connectivity and cybersecurity protection, suitable for universities, medical facilities, IT, etc., In December 2021, ZTE added a product to its router product series, which focuses on internet core nodes, backbone aggregation nodes, large-scale MAN core egress nodes, and DC-GW (Data Centre Gateway). It is a high-capacity router, which is safe, reliable, and can be expanded to transport integrated services as it is a standalone system and it focuses on building flat networks, facilitating unified transport, and future-oriented network evolution., In November 2021, ZTE launched its first-ever pilot network to facilitate and support 5G-SA (5G- Standalone Access) capabilities. It further included the use of advanced 5G network capabilities in medical applications., KEY MARKET SEGMENTS, By Component, Rectifiers, Inverters, Convertors, Controllers, Heat management systems, Generators, Others:, Power Distribution Units, Batteries, Solar or PV cells, Wind turbines, Surge protection devices, Circuit breakers, By Grid Type, On-grid, Off-grid, Bad grid, By Power Rating, Below 10 kW, 10-20 kW, Above 20 kW, By Power Source, Diesel-Battery Power Source, Diesel-Solar Power Source, Diesel-Wind Power Source, Multiple Power Sources, By Technology, AC power systems, DC power systems, By Region, North America, Europe, Asia Pacific, RoW, KEY MARKET PLAYERS, Eaton , Huawei Technologies, Cummins, ZTE Corporation , General Electric, Delta Electronics, Inc., Schneider Electric.

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Telecom Power System Market

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