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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).

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. 'Caterpillar Inc.', 'Cummins Inc.', 'Generac Holdings Inc.', 'Atlas Copco AB', 'Kohler Co.', 'MTU Onsite Energy', 'Wartsila Corporation', 'Briggs & Stratton Corporation', 'Doosan Corporation', 'SDMO Industries SAS', 'Aggreko plc', 'Himoinsa S.L.', 'Mitsubishi Heavy Industries, Ltd.', 'Yanmar Co., Ltd.', 'Kirloskar Electric Company Ltd.', 'Wacker Neuson SE', 'Pramac S.p.A.', 'AKSA Power Generation', 'Honda Siel Power Products Ltd.', 'Ingersoll-Rand plc. '

Rising adoption of telecom services and high data traffic to enhance the generator market.

Due to a greater emphasis on mitigating the effects of warming and preserving the sustainability of carbon fuels, the requirement for sustainable energy has been increasing in the energy production mix in recent years. Energy solution suppliers now have a great chance to develop hybrid and renewable off-grid solutions. One of the most effective forms of standby is an engine. When renewable energy sources are inaccessible or collapse, generators can supply sufficient power backup. As a result, it is anticipated that the market for generators will soon present new prospects due to a growth in the adoption of renewable energy around the world.

In 2021, Asia-Pacific held the highest share in the 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 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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Global Telecom Generator Market

Product ID: SQMIG45A2048