Telecom Power Systems Market - Growth Opportunities in Global Industry by 2025

Posted by RASHMI on July 15th, 2019

Telecom power systems assist telecommunication services in cases of grid power fluctuations and interruptions. The intersection of the telecom industry with information technology (IT) has resulted in the evolution of the telecom power systems market.

The rising penetration of telecom towers in rural and off-grid areas and the recent disposition of small cell power systems used for LTE are predicted to fuel the demand for telecom power systems over the forecast period. The exponential growth of mobile data traffic and telecom operators has led to the development of network coverage in rural as well as metropolitan areas.

The substantial use of mobile devices in urban areas has enhanced the incorporation of femtocells and picocells which need DC power systems. The rising adoption of hybrid power systems is estimated to contribute to the growth of telecom power systems over the forecast period. The lack of grid connectivity in rural areas is projected to stimulate vendors across the globe to implement hybrid systems as they involve energy-efficient and cost-effective solutions in light of the environmental concerns caused by the over-utilization of non-renewable sources to power telecom industries.

Owing to the considerable decline in renewable energy sources across the globe, the cost structure for installation and the required equipment for hybrid system that is energy efficient and cost effective in comparison to traditional power supply systems.The increasing consumer inclination toward reducing the carbon imprint of the telecom industry and the expansion of telecom infrastructure to off-grid areas such as Africa and Asia are expected to create additional scope for the telecom power systems market.

The market has been segmented by grid type into the on-grid, off-grid, and bad grid divisions. Bad grid held the dominant market share in 2016 and is anticipated to retain its position over the forecast period. A majority of the population dwells in the rural areas devoid of telecommunication networks and electricity. The rising demand for grid-based power systems across these areas is likely to drive the telecom power systems market.

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Based on component, the telecom power systems market has been divided into the following categories: inverters, rectifiers, heat management systems, convertors, generators, and others. On the basis of power source, the market has been split into the following segments: diesel solar, diesel battery, diesel wind, and others.