Categories: Market Research

Telecom Power Systems Market 2024 | Size, Top Trends, Growth, Share, Key Drivers

Overview and Scope
Telecom power systems refer to systems offering a stable electricity supply to telecom towers in case of fluctuations or interruptions in grid power, thus, forming an essential part of communication networks.

Sizing and Forecast
The telecom power systems market size has grown rapidly in recent years. It will grow from $4.38 billion in 2023 to $4.84 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to network densification, emergence of 4g networks, rural and remote connectivity, telecom infrastructure expansion, environmental concerns and energy efficiency.

The telecom power systems market size is expected to see rapid growth in the next few years. It will grow to $7.14 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to 5g network expansion, rise in data consumption, transition to green energy, demand for hybrid power solutions, focus on network resilience.. Major trends in the forecast period include microgrids and off-grid solutions, energy storage advancements, hybrid power solutions, focus on energy efficiency, remote monitoring and management.

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The telecom power systems market covered in this report is segmented –

1) By Component: Rectifiers, Batteries, Contollers, Inverters, Power Distribution Unit, Generators, Other Components
2) By Grid Type: On grid, Off grid, Bad grid
3) By Power Source: Diesel-Battery Power source, Diesel-Solar Power source, Diesel-Wind Power source, Multiple Power Source
4) By Power Range: Low, Medium, High
5) By End-User: Access, Core, Metro

North America was the largest region in the telecom power systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the telecom power systems market report during the forecast period. The regions covered in the telecom power systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

The growing adoption of telecom services and high data traffic is expected to propel the growth of the telecom power system market going forward. Telecom services refer to all forms of voice telephony and data transmission processing services, whereas high data traffic refers to high amounts of bandwidth that are utilized for extremely active and constant network traffic routes. Telecom power systems are used in telecom services to enable smooth functioning of services and organize more or less remote computer systems and to improve visibility into devices connecting to the network. For instance, in November 2022, according to Ericsson, a Sweden-based networking and telecommunications company, 5G’s share of mobile data traffic is forecast to grow to 69% by 2028. Further, the global monthly average data usage per smartphone is anticipated to be 19 GB in 2023 and is forecast to reach 46 GB by the end of 2028. Additionally, total worldwide data traffic – barring traffic created by fixed remote access (FWA) was supposed to stretch around 90 EB (exabyte) each month toward the finish of 2022 and is projected to develop by an element of almost 4 to arrive at 325 EB each month in 2028. Therefore, the growing adoption of telecom services and high data traffic drive the telecom power systems market.

Key Industry Players

Major companies operating in the telecom power systems market are developing new power supply systems with high power density to secure a competitive lead in the market. Power density in a power supply system indicates the amount of power delivered per unit of space or volume, reflecting the system’s efficiency in distributing and utilizing power within a defined physical footprint. For instance, in May 2022, Huawei Technologies Co., Ltd., a China-based technology company, launched the PowerPOD 3.0, the latest generation of its power supply system. This solution focuses on core technology innovation and component convergence to optimize data center power supply systems. It features a 40% reduction in footprint, achieved through an innovative converged architecture and the ultra-high-density UPS5000-H. This leads to increased power density per cabinet and a more efficient use of space. PowerPOD 3.0 achieves a 70% reduction in power consumption and shortens the delivery period by 75% through the use of tray-alike prefabricated busbars for internal connections. The system is equipped with the iPower intelligent feature, utilizing AI technologies for autonomous driving, end-to-end visibility, temperature prediction, life prediction of key components, and intelligent settings.

The telecom power systems market report table of contents includes:

1. Executive Summary

2. Telecom Power Systems Characteristics

3. Telecom Power Systems Trends And Strategies

4. Telecom Power Systems – Macro Economic Scenario

5. Global Telecom Power Systems Size and Growth

…..

32. Global Telecom Power Systems Competitive Benchmarking

33. Global Telecom Power Systems Competitive Dashboard

34. Key Mergers And Acquisitions In The Telecom Power Systems

35. Telecom Power Systems Future Outlook and Potential Analysis

36. Appendix