According to the new market research report "Telecom Power System Market
by Grid Type (On Grid, Off Grid, Bad Grid), Component (Rectifier,
Inverter, Converter, Controller, Generator), Power Source
(Diesel-Battery, Diesel-Solar, Diesel-Wind, Multiple Sources), and
Geography - Global Forecast to 2022", 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 major factor
driving this market include penetration of telecom towers in rural and
off-grid areas.
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Bad grid type telecom power systems estimated to hold the largest market share during the forecast period
The growth of mobile subscribers is expected to be concentrated in
the developing countries of APAC and Africa. Majority of the population
in these countries is currently not connected to mobile phone networks.
This population overwhelmingly inhabits rural areas where access to
electricity is patchy and unreliable. Around 40% of the rural population
in developing countries lacks access to grid-based electricity. Thus,
to meet the current and growing requirements for the increase in mobile
subscribers, there is a huge scope for telecom power systems in bad-grid
areas.
Market for diesel-solar power source is estimated to grow at the highest CAGR during the forecast period
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. The market
for multiple source-based systems (diesel/solar/wind/battery/biomass) is
expected to grow at the second-highest CAGR during the forecast period.
The reason for this growth is the adoption of green telecom power
solutions by the telecom industry. The use of renewable sources in this
type of power system helps in reducing the carbon footprint to a great
extent.
APAC is expected to grow at the highest CAGR during the forecast period
The market in APAC is expected to grow at the highest CAGR during the
forecast period. 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.
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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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