[137 Pages Report] The global telecom power system market is
expected to be valued at USD 4.53 Billion by 2022, growing at a CAGR of 10.26%
between 2017 and 2022.
The drivers for this market are
the expansion of telecom infrastructure in rural areas, especially in APAC and
Africa and the increasing awareness to reduce the carbon footprint of the
telecom industry.
The objectives of the report are:
- To define, describe, and forecast the global telecom power system market based on grid type, component, power source, and geography
- To forecast the market size in terms of value for various segments with regard to four main regions, namely, North America, Europe, Asia-Pacific, and RoW
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To study the value chain and analyze the impact of Porter’s five forces on the market
- To analyze the micromarkets with respect to the individual growth trends, future prospects, and contribution to the total market
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Among all the grid types of telecom power systems, the market for
off-grid power systems is expected to grow at the highest CAGR during the
forecast period. This growth is attributed to the expansion of networks into
remote locations by mobile network operators and tower companies to achieve
universal coverage.
Of all the power sources used in the telecom power system, the market
for diesel-solar systems is expected to grow at the highest CAGR between 2017
and 2022. Diesel-solar hybrid systems reduce the cost of operation and
maintenance as well as the cost of logistics by minimizing diesel runtime and
fuel consumption. Governments worldwide are offering subsidies for solar PVs
and their cost has also decreased.
In terms of the different
geographic regions, APAC is
expected to hold the largest market share in 2017. The reason for this growth
is the penetration of telecom towers in rural areas to expand the mobile
network to the growing mobile subscriber base and also to improve connectivity.
The APAC region has witnessed 3G network expansion and LTE networks have been
launched in the APAC countries.
Diesel generators are the preferred source of electrical power for
off-grid and standby power applications, such as cellular base stations because
of their durability and reliability, but they exhaust harmful environmental
pollutants such as carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxide,
which is an ozone-depleting emission. Thus, environmental concerns pertaining
to telecom towers’ power supply system’s due to high utilization of diesel for
powering telecom infrastructure is a restraint for this market.
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The key players in the telecom power system market are Delta Electronics
(Taiwan), Eaton (Ireland), GE Industrial Solutions (U.S.), Huawei Technologies
Co. (China), and Schneider Electric (France).. The leading companies have
adopted the organic strategy of new product launches to increase their revenue.
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