The global telecom power system market size 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.
Among all the grid types, telecom power system
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, the telecom power system
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.
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The telecom power system market for other components
was expected to grow at the highest CAGR during the forecast period. Some of
these components and subsystems such as solar cells or PV cells and wind
turbines would be increasingly used for green telecom power solutions.
Governments worldwide are pitching for reducing carbon footprint in the telecom
sector. The use of green telecom power solutions is leading to reduced
operational expenses for telecom power system providers in telecom power system
market.
In terms of the different geographic regions, APAC
is expected to hold the largest telecom power system 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. The region presents a
huge opportunity for mobile network operators (MNO)/tower companies and energy
service companies (ESCOs) to work toward deploying green power alternatives for
powering telecom sites, reduce operational expenditure, address the
infrastructural challenges, and achieve the rollout targets and growth.
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 systems due
to high utilization of diesel for powering telecom infrastructure is a
restraint for telecom power system market.
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