Telecom Power System Market Trends

Drivers

Deployment of 5G Networks

• Rapidly rising demand for telecommunication services around the world has resulted in quick adoption of the novel 5G technology. Increasing investments in the development of novel 5G infrastructure and growing need for stable power supply for 5G infrastructure and equipment is forecasted to bolster the demand for telecom power systems over the coming years.

High Demand for Remote Telecom Systems

• Growing emphasis of telecommunication companies to expand their business scope and coverage in rural and remote areas is projected to bolster the development of remote stations and systems. These remote telecom stations and systems will require a stable power supply thereby favoring telecom power system demand outlook in the future.

Restraints

Volatility in Energy Costs

• Telecom power systems are completely dependent on different energy sources and the costs for these energy sources is subject to high fluctuations. Growing demand for expensive renewable energy and rising costs of electricity production create volatility in energy costs and thereby impede telecom power system market development potential as well.

Maintenance Issues with Remote Systems

• Telecom power systems that are deployed in remote or rural locations are often subject to extreme environments and lack proper maintenance due to unavailability of resources or skilled professionals to do so. Maintaining and servicing power systems in such areas can be costly and time-consuming, leading to frequent disruptions in service and slowing down overall market growth as well.