Telecom Power System Market Forecasts to 2030 - Global Analysis By Type, Component, Grid Type, Power Rating, Power Source, Technology, Application and By Geography

According to Stratistics MRC, the Global Telecom Power System Market is accounted for $4.46 billion in 2023 and is expected to reach $9.14 billion by 2030 growing at a CAGR of 10.8% during the forecast period. Telecom power systems are used to support telecommunication services by regulating and monitoring the power flow over telecom networks. Additionally, network coverage in both urban and rural areas has increased as a result of the exponential growth of mobile data traffic and telecom operators. Incorporating femtocells and picocells, which require DC power systems, has been made easier thanks to the widespread use of mobile devices in cities.

According to the GSM Association, global 5G connections are expected to reach 27.14% by 2025. This is further expected to propel the demand for telecom power systems.

Market Dynamics:

Driver:

• Rapid increase in mobile subscriptions.

• A record-breaking demand for reliable power systems has been created by the global explosion in mobile subscriptions, which has changed the telecommunications landscape. Moreover, the need for constant connectivity is essential as mobile devices become an essential part of daily life. By consistently supplying base stations, switching devices, and data centers with power, telecom power systems guarantee smooth operations. Due to this demand, energy-efficient power conversion technologies have advanced, maximizing power efficiency and reducing waste with devices like high-efficiency rectifiers and DC-DC converters.

Restraint:

• Upfront price limitations.

• The initial capital investment for deploying energy-efficient or renewable energy-based power systems can put a strain on the budgets of telecom operators, particularly those in emerging markets or in situations of financial constraint. However, this is especially true for remote locations without any type of infrastructure, where the price of installation, transportation, and upkeep may rise.

Opportunity:

• Network expansion on 4G and 5G.

• The transition from 4G to 5G networks is characterized by higher data rates, extremely low latency, and widespread device connectivity. These developments increase the power requirements for network infrastructure. These networks require higher power densities and a range of load conditions for the telecom power systems used. Additionally, dynamic energy management systems are now available, enabling real-time power distribution optimization while minimizing energy waste and adjusting to the network's varying needs.

Threat:

• Supply chain breakdowns.

• Components of the complex global supply chain for telecom power systems are subject to interruptions from a number of different sources. Geopolitical tensions, trade disputes, natural disasters, and unanticipated shifts in demand can cause the supply of essential components to be disrupted, delaying project schedules and driving up costs. Moreover, fostering local manufacturing capacity can also increase resilience to threats to the global supply chain.

COVID-19 Impact:

• The COVID-19 pandemic had a major effect on the telecom power system market, causing supply chain disruptions, project delays, and budget constraints as a result of lockdowns, travel bans, and economic uncertainty. While the pandemic increased the need for resilient and trustworthy communication networks, it also forced telecom operators to reassess their investments in power infrastructure, shifting priorities to remote management tools, energy efficiency, and sustainable practices to ensure network uptime in the face of shifting global dynamics.

• The on-grid segment is expected to be the largest during the forecast period

• During the forecast period, the on-grid segment had the highest revenue share, accounting for over 40.0% of the market for telecom power systems. A power generation system that is connected to the utility grid is known as an on-grid system. The system transmits the electricity it produces to the grid, where it is used to power numerous appliances. Moreover, these grid systems are the easiest, most affordable, and most likely to pay for themselves in 3 to 8 years by reducing utility costs.

• The diesel-solar segment is expected to have the highest CAGR during the forecast period

• The diesel-solar segment is anticipated to have the highest CAGR during the forecast period. This expansion can be attributed to the rise in demand for low-cost hybrid energy sources. Diesel-solar systems combine solar energy from a photovoltaic system with a diesel energy source. Moreover, by reducing fuel consumption and diesel runtime, these systems are dependable and aid in lowering maintenance, operational, and logistics costs. Due to the increased demand for lowering carbon emissions and promoting the adoption of green telecom infrastructure over the forecast period, hybrid power sources are becoming more and more popular.

Region with largest share:

During the anticipated period, the North American region is anticipated to hold the largest market share. Due to the widespread use of mobile devices and 4G-LTE networks, this region has been one of the early adopters of many cutting-edge technological developments. Additionally, the growing need for 5G networks to be commercialized in the U.S. is pushing telecom firms to create cutting-edge telecom infrastructure and associated technology. Digital electricity solutions and smart devices are being adopted quickly, which is boosting the regional market's growth prospects.

Region with highest CAGR:

The telecom power system market has experienced the highest CAGR in the Latin American region over the forecast period. Strong power solutions are now more necessary than ever thanks to accelerating urbanization, rising mobile penetration, and rising connectivity demand. Moreover, given the varied topography of the area, telecom operators are looking into hybrid solutions that incorporate renewable energy sources like solar and wind to ensure sustainable and resilient network operations while navigating local regulatory environments to meet energy efficiency and environmental goals.

Key players in the market:

Some of the key players in Telecom Power System market include: General Electric Company, UniPower, LLC, Cummins, Inc., Japan Display Inc., Samsung, VoltServer Inc., ABB Ltd. , Vertiv Group Corp., Eaton Corporation plc, Ascot Industrial S.r.l , ZTE Corporation, Dynamic Power Group, Hangzhou ZhongHeng Power Energy Co. Ltd., LG Display Co., Ltd, Alpha Technologies, Corning Incorporated , Delta Electronics, Inc., Huawei Technologies Co., Ltd., Myers Power Products and Schneider Electric SE .

Key Developments:

• In June 2023, ZTE Corporation has signed a Memorandum of Understanding (MOU) with TM, Malaysia's prominent converged telecom and technology company.

• In April 2023, ABB is driving forward its expansion strategy in the US through an investment of around USD 170 million, aimed at establishing advanced manufacturing, innovation, and distribution facilities.

• In March 2023, General Electric revealed its intention to allocate over USD 450 million towards enhancing its current manufacturing facilities in the United States this year.

Types Covered:

• Indoor Telecom Power Systems
• Outdoor Telecom Power Systems
• Other Types

Components Covered:

• Rectifiers
• Inverters
• Convertors
• Controllers
• Heat management systems
• Generators
• Others Components

Grid Types Covered:

• On-grid
• Off-grid
• Bad grid
• Other Grid Types

Power Ratings Covered:

• Below 10 kW
• 10-20 kW
• Above 20 kW
• Other Power Ratings

Power Sources Covered:

• Diesel-Battery Power Source
• Diesel-Solar Power Source
• Diesel-Wind Power Source
• Multiple Power Sources
• Other Power Sources

Technologies Covered:

• AC power systems
• DC power systems
• Digital Electricity
• Other Technologies

Applications Covered:

• Macro/Outdoor BTS
• Data Centers
• Indoor DAS
• Active DAS
• Passive DAS
• Hybrid DAS
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances