Telecom Power Systems Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Telecom Power Systems Market is segmented By Components (Controller, Rectifier, Inverter, Converter, Generator, Wind Turbine, Battery, Power Distribution Unit, Other), By Type (Outdoor, Indoor, Slow Pressure, High Pressure, Atmospheric Pressure), By Power Source (Diesel-Batteries, Diesel-Solar, Diesel-Wind, Others), By Grid Type (On-Grid, Off-Grid, Bad Grid, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Telecom Power Systems Market Overview

The Global Telecom Power Systems Market is estimated to reach at a high CAGR during the forecast period 2023-2030.

Telecom power systems protect telecommunication services in the event of grid power disruptions and fluctuations. Telecom power systems consist of various smaller units with different technical specifications, such as converters, controllers, distributors, etc.

The telecom power system market's evolution came after the telecom industry got integrated with information technology (IT). The use of solar energy is a frequent way of supplying electricity to telecommunications networks in remote areas outside the main electricity grid, such as mountain tops and vast swamps, where power is not accessible or impractical power lines in remote locations. Telecom power systems consist of a variety of smaller units that meet different technological criteria.

Telecom Power Systems Market Scope and Summary

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Telecom Power Systems Market Dynamics and Trends

The global telecom power systems market is driven by the increasing need for tower installations as the following technologies, such as 3G and 4G are being deployed. The growing adoption of the hybrid power system is another factor that boosts the increasing power of telecom system's growing market in recent times.

The growing adoption of the hybrid power system is another factor boosting the telecom power system's growing market in recent times.

The basic requirements for power systems for telecommunications are their protection, long life and uninterruptible power (voltage). The hybrid power system configuration for the power supply of telecommunications equipment must meet the same specifications. A simple benefit is provided by modern hybrid power supply systems for telecommunications markets, enabling using 2 or more inputs from different energy sources for feeding operators fitted in remote site areas with no or highly unreliable AC grid. The telecom power system is being designed to lower the life-cycle costs and carbon footprint of the power supply. Power conversion components have the highest efficiency and gather the most energy from renewable sources.

For instance, In India, government regulations estimate that by 2020, 75 percent of telecom towers in rural regions and 33 percent of towers in urban areas will be powered by hybrid power, according to the Department of Telecommunications (DOT).

The increasing need for tower installations as the following technologies such as 3G and 4G are being deployed.

As innovations such as 4G and 5G are being introduced, increased demand for tower installations is steering market growth. As per the reports, the world added 225 million 5G subscribers between Q3 2019 and Q3 2020, a feat which required 4G LTE four years to attain. As of December 2020, there were nearly 229 million 5G subscriptions globally, representing an astonishing 66 percent increase over the last quarter – and is expected to reach 236 million globally by the end of 2020. However, in different areas, the coverage for these technologies is relatively limited, so telecommunications providers need to set up more towers to accommodate growing data and voice traffic. Thus with technological changes, the demand for pace from customers is also growing.  The introduction of new technology is expected to uplift the telecom power system in recent times.

Rising operating costs, logistics issues, price deregulation in the near future and the environmental costs of using diesel push the telecommunications industry to find alternative solutions.

For Telecom tower infrastructure providers, operating a telecom site's total energy cost is a major cause of concern. Together, rising operating costs, logistics issues, price deregulation in the near future and the environmental costs of using diesel are pushing the telecommunications industry to find alternative solutions. Thus, the factors mentioned above are acting as a challenge for the telecom power system's growing market. However, to overcome the economy's challenges and the environment due to increased diesel use, the government encourages renewable solutions. It is essential to explore various alternative solutions to come up with an optimal solution.

COVID-19 Impact Analysis on Telecom Power Systems Market

The global telecom power systems have shown a slight decline due to the COVID-19 pandemic, as several manufacturing plants were shut for months. Further several countries have restricted production activities during the covid-19 pandemic. The major lockdown due to the COVID-19 outbreak leads to suddenly dropping down consumers' interest towards purchasing any goods, and halt in transportation sectors has severely hampered the business of telecom power systems market due to disruption in the product's supply chain management.

Telecom Power Systems Market Segmentation Analysis

The global telecom power systems market can be segmented based on components, power source, type, grid type, and region.

Diesel battery as power requires less capital investment and helps to minimize carbon emissions and which various developing countries highly promote this segment.

The global telecom power systems market is segmented into diesel batteries, diesel-solar, diesel-wind, and others in terms of power source. Out of the mentioned power sources, diesel batteries hold the largest market share of nearly 40% in recent times. The significant growth of diesel battery sources as power requires less capital investment and helps to minimize carbon emissions. Consequently, in developing countries like India, Brazil, and Mexico, these power sources are more favored. The telecom operators in these countries find this power source economically feasible for deploying diesel battery solutions to power the telecom towers. However, the telecom power system market is expected to dominate the diesel-solar segment due to environmental issues. The rise is owing to the increasing demand for low operating costs of renewable energy sources. Diesel-solar systems help minimize maintenance costs and operating and logistics costs by reducing diesel's runtime and fuel usage. Furthermore, the use of renewable power sources will help in reducing the carbon footprint. It will boost the adoption of green telecom power systems across the telecom industry in the foreseeable future.

Global Telecom Power Systems Market Geographical Analysis

The North American region has gained popularity as an early adopter of most revolutionary technologies, and telecommunications technology is no exception.

North America is expected to hold the topmost position of telecom power systems in recent times and is projected to maintain its dominance in the forecast period. The region has been an early adopter of most revolutionary technologies, and telecommunications technology is no exception. During the forecast era, the U.S. is predicted to dominate the North American market. The key factor driving the market in this area is the ever-growing demand for robust and continuous network connectivity. The rising demand for private LTE networks across U.S. enterprises contributes significantly to market growth. Besides, the region can offer tremendous business prospects, as it will be one of the first to launch 5 G services, which would entail more cell site deployments. Some of the region's major players include, among others, GE Industrial Systems (ABB Ltd.), Cummins Inc., and Eaton Company, which are creating huge opportunities for the telecom power systems to build in the forecast period.

On the other side, Asia-Pacific is growing at the fastest rate in recent times as the market in the region is majorly driven by the growing penetration of telecom towers in rural areas to broaden the mobile connectivity and subscriber base in this region. The need for telecommunication power systems in the Asia Pacific has also been fuelled by expanding 3G and LTE networks. The creation of 5G network technologies is being driven by Asian countries, including China, Japan, and South Korea.

Telecom Power Systems Market Companies and Competitive Landscape

The telecom power systems market is highly consolidated with the presence of local as well as global companies. Some of the key players contributing to the market's growth include Ascot Industrial S.r.l., Corning Incorporated, Cummins Inc., Alpha Technologies (EnerSys), Beijing Dynamic Power Co., Ltd. (DPC), Eltek (Delta Electronics, Inc.), General Electric Company (GE), Huawei Technologies Co., Ltd, Eaton Corporation, Clear Blue Technologies International Inc, and among others.

The major players favor several growth strategies such as product launches, acquisitions, and collaborations, contributing to the telecom power systems market's growth globally. The key players follow acquisition and collaboration as the growth strategy for building revenue for their system.

• For instance, In October 2018, EnerSys (NYSE: ENS), the pioneer in stored energy solutions for industrial applications, announced the news of acquiring Alpha Technologies group of companies ("Alpha"). With this acquisition, the company aimed to ease its equipment deployment process and directly serve the customers, becoming a broadband and telecom market leader.

Clear Blue Technologies International

Overview: The Smart Off-Grid company, Clear Blue Technologies International, blends renewable energy with the proven benefits of connectivity and cloud technology to power and monitor off-grid lighting, protection and mobile solutions. The solar or solar-hybrid controller, a built-in communications network, and Illuminance are all included in the Smart Off-Grid system. 'Clear Blue Illumination' Clear Blue systems can be found in 35 nations, 24 states in the United States, and eight Canadian provinces.

Product Portfolio: The company has a product portfolio of telecom power systems that includes:

• Energy-as-a-Service (EaaS): Within the power industry, Energy-as-a-Service is a fast-growing business model. This revolutionary alternative to the conventional, capital-intensive procurement of energy allows commercial and industrial (C&I) customers to pay for an annual energy service subscription. According to Navigant Research, the annual global market for commercial and industrial Energy-as-a-Service is estimated to reach $221.1 billion by 2026

Key Development:

• In May 2019 - Clear Blue Technologies International Inc. announced their wireless power Energy-as-a-Service (EaaS). Off-grid street lighting, telecommunications networks, and Internet of Things (IoT) devices all benefit from this new subscription-based service, which provides clean, wireless electricity.

The global telecom power systems market report would provide access to an approx: 69 market data table, 71 figures and 272 pages