Telecom Power Systems Market: Bad Grid Segment Is Estimated To Expand At The Highest CAGR Over The Forecast Period

 Telecom Power Systems Industry Overview

The global telecom power systems market size is estimated to reach USD 5.85 billion by 2028, expanding at an estimated CAGR of 8.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising demand for high-speed data connectivity and rising penetration of smartphones has escalated the demand for advanced telecom power systems globally. Factors such as the rising investments in hybrid telecom infrastructure, escalating demand for video streaming, and a significant rise in digital content consumption are also expected to offer enormous growth opportunities for the market.

 

The surging energy consumption per household worldwide has compelled market players to develop innovations such as collaborative user interaction, distribution grid automation, and the automated system controls to ensure continuous power supply. Besides, the rising deployment of 5G network globally is compelling telecom power system providers to realign their product offerings. 5G networks could deliver benefits such as ultra-high bandwidth, ultra-low latency, mass communication, changing business operations, and improving the telecom power system’s decision-making intelligence for vertical industries. According to the State Grid Corporation of China (SGCC), the combination of 5G network with telecom power grids is expected to provide a solid foundation for the smart industrial revolution.

The COVID-19 pandemic led to the shutdown of manufacturing facilities across several industries, resulting in the slow deployment of fiber and 5G networks. Moreover, the rising pressure on mobile and communication networks due to the sudden transition to a remote working model is leading to outages as well as a heavy load on existing systems mounted in telecom towers. To cope with the escalating power supply demand, telecom operators are reshaping their strategies and contingency plans for dealing with power outages and load issues.

Telecom Power Systems Market Segmentation

Grand View Research has segmented the global telecom power systems market based on product, grid type, power source, and region:

Based on the Product Insights, the market is segmented into AC Power Systems, DC Power Systems, and Digital Electricity.

• The DC power systems segment accounted for the highest revenue share of over 60.0% in 2020 and is expected to retain its dominance over the forecast period. In Direct Current (DC) power systems, a rectifier converts the Alternating Current (AC) to DC and provides the power to charge the batteries. 

 

• DC power systems also control and monitor the power being sourced to the equipment, retain accurate voltage, and activate alarms when required. DC power systems have a wide range of applications in telecommunication systems, data centers, electric vehicles, aircraft, commercial buildings, and residential homes. 

 

• The evolution of digital electricity in recent years has offered performance improvements that were earlier not achievable. Digital electricity, also known as switching power supply, comprises smart meters that manage and record electricity and the performance of electronic equipment. 

 

Based on the Type Insights, the market is segmented into On-Grid, Off-Grid, and Bad Grid.

• The on-grid segment held the largest revenue share of over 40.0% of the overall telecom power systems market in 2020 and is expected to witness steady growth during the forecast period. An on-grid system is a power generation system connected to the utility grid.

 

• The bad grid segment is estimated to expand at the highest CAGR over the forecast period. This can be attributed to the expansion of telecom networks in rural areas in several countries owing to the rise in the mobile subscriber base and investment by tower companies to achieve universal coverage.

 

Based on the Power Source Insights, the market is segmented into Diesel-Battery, Diesel-Solar, Diesel-Wind, and Other Sources.

• The diesel-battery segment accounted for the largest revenue share of close to 45.0% of the overall telecom power system market in 2020. A diesel-battery power system helps reduce carbon emissions and requires lower capital investment. Consequently, these power sources are majorly preferred in developing countries, including Mexico, Brazil, and India.

 

• The diesel-solar segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to the rising demand for hybrid energy sources with a low cost of operation. Diesel-solar systems are a combination of solar power from a photovoltaic system with a diesel energy source.

 

Telecom Power Systems Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

 

Key Companies Profile & Market Share Insights

The market features the presence of both large-scale and medium-scale telecom power system companies. Several providers are emphasizing the development of advanced telecom power systems, improved energy efficiency, product reliability, scalability, optimal system design, product management, control, security, and cost-effective deployment to gain a competitive advantage in the global market. For instance, in October 2020, Cummins Inc. introduced two new digital master controls, DMC2000 and DMC6000, in its portfolio of power systems. These control equipment provide faster delivery time at an economical cost.

Moreover, prominent industry players are collaborating with other market participants to upgrade their telecom power systems portfolio in accordance with the dynamic customer requirements. For instance, in March 2020, Corning Incorporated partnered with US Conec Ltd., a manufacturer of a range of industry connectors, to deploy MDC connector solutions that would significantly enhance carrier distribution networks, hyper-scale data centers, and other high-density patching solutions. The MDC connector was developed to challenge the status quo in patch panel density by allowing a breakout in QSFPDD, SFP-DD, and OSFP optical transceivers. Some of the prominent players operating in the global telecom power systems market are:

• Alpha Technologies, Services, Inc.
• Ascot
• Eaton
• General Electric
• Huawei Technologies Co., Ltd.
• Schneider Electric
• ZTE Corporation

 

Order a free sample PDF of the Telecom Power Systems Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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