Overview:

Power systems used to power telecom towers during fluctuated or interrupted power supply are called as telecom tower power systems. The telecom power systems can be of off grid or on-grid. The systems can be powered by diesel or by renewable sources or in combination of both.

Market Dynamics:

Rising number of phone and internet user especially from rural areas has led to rising deployment of telecom network in such areas, the power supply in mostly interrupted, hence high demand has been seen in deployment of power system for uninterrupted power supply to towers in such areas. Additionally, increasing deployment of 5G infrastructure and network is another factor expected to propel growth of the market to a significant extent during the forecast period.

Key Trends:

New program launches by key players from energy and utilities sector is a key trend observed in the market, which is expected to propel growth of the market to significant extent. For instance, Clear Blue Technologies Inc. launched Energy-as-a-Service (EaaS) program for critical systems such as telecommunications systems, off-grid street lights, and Internet of Things systems. Additionally, adoption of renewable energy sources for powering the telecom towers is another trend observed in the target market.

Regional Analysis:

For detailed understanding of market dynamics, the global marketis analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for highest share in terms of revenue and is expected to maintain its dominance during the forecast period. High investment in developing advance telecommunication infrastructure coupled with increasing focus on customer experience to provide uninterrupted network are key factors driving growth of the North America telecom power system market. Additionally, rising deployment of 5G infrastructure in urban and remote location is another factor further fueling growth of the market in North America. The market in Asia Pacific is expected to witness highest growth during the forecast period, owing to increasing network user leading higher deployment of telecom towers.

Scope of the Report:

Detailed Segmentation:

Global Telecom Tower Power System Market, By Grid Type:

• On Grid
• Off Grid
• Bad Grid

Global Telecom Tower Power System Market, ByPower Source:

• Diesel Generator
• Diesel + Battery Hybrid
• Renewable

Key Players Covered:

Key players operating in the market includes, Delta Electronics, Eaton, GE Industrial Solutions, Huawei Technologies Co., Schneider Electric, Vertiv Co., Cummins Power, Myers Power Products, Inc., Ascot Industrial S.R.L., andUnipower

Key features of the study:

Foresight Market Research provides detailed analysis on Telecom Tower Power System Market in our report- Global Telecom Tower Power System Market by grid type, power source, 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 Tower 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.