Overview:

The global telecom power system market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Telecom power system are widely used in the telecommunication sector to protect against the fluctuation and interruption caused due to power grid. It helps the operators to reduce the operating expenditure and achieve energy efficiency with lowering the carbon foot prints. These systems are designed for application such as wireless broadband access, datacenters, etc.

Market Dynamics:

Increasing mobile phone users in rural areas in developing countries is resulting in players approach towards deployment of telecom towers in off-grid areas along with establishment of small cell power systems used for LTE is a major factor driving growth of the global telecom power system market. In addition, high telecom infrastructure development in rural areas and increasing adoption of hybrid power system are other factors expected to augment the growth of target market.

However, lack of skilled labor is a major factor expected to hamper the growth of global telecom power system market to a certain extent.

Key Trends:

Major players approach towards product innovation and introduction of innovative solutions is the key trend observed in the target market. In 2017, ABB acquired KEYMILE Groups telecom business with the focus to expertise knowledge in products, software and service solutions, and enhance ABBs digital offering. This acquisition is expected to help the company to enhance the product portfolio and increase the customer base.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific accounted for the major revenue share in 2018, owing to flourishing telecommunication sector. Presence of large number of players operating in the country with the focus to enhance the business in rural areas, widen the mobile connectivity and expand the customer base is impacting the growth of regional market.

In addition, increasing partnership and agreements between regional and international players is another factor expected to boost the growth of target market in this region.

Scope of the Report:

Detailed Segmentation:

Global Telecom Power System Market, By Type:

• On Grid
• Off Grid
• Bad Grid

Global Telecom Power System Market, By Power Source:

• Diesel-Battery
• Diesel-Solar
• Diesel-Wind
• Multiple Sources (Diesel/Solar/Wind/Battery/Biomass)

Global Telecom Power System Market, By Component:

• Rectifiers
• Inverters
• Controllers
• Converters
• Heat Management Systems
• Others (Solar Cells or PV, Wind Turbines, Batteries, Cabinets, and Enclosures)

Key Players Covered:

Key players operating in the telecom power system market includes, Huawei Technologies Co., Ltd., Schneider Electric, Vertiv Group Corp., Myers Power Products., Delta Electronics, Inc., Eaton, GENERAL ELECTRIC, and Ascot Industrial S.r.l.

Key Features of The Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Telecom Power System Market by type, power source, component, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global telecom power system market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.