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| Telecom Power Systems Market |
The telecom power systems market comprises ofAC and DC power systems, battery boxes, battery racks, and rectifiers that are used by telecom tower operators and network carriers to provide reliable backup power to telecom towers and cell sites. These power systems ensure continuous transmission and reception of voice and data services even during power outages. With the rising adoption of technologies like Internet of Things (IoT) and 5G, which require greater network coverage and bandwidth, telecom operators are increasingly investing in expanding and upgrading their network infrastructure. This is driving the demand for telecom power systems to support new cell sites and towers. The Global Telecom Power Systems Market is estimated to be valued at US$ 4823.48 Bn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period of 2024 to 2030.
Key
Takeaways
Key players operating in the Telecom Power Systems are Archer Daniels Midland
Company, Seagarden AS, Phermpep Co. Ltd., Arlak Biotech Pvt. Ltd., Naturade,
Royal DSM, MYOS RENS Technology Inc., Natural Factors Inc., Valio Oy,
GenScript, HELIX BIOMEDIX, Oryn Therapeutics, Selecta Biosciences, NIBEC,
vivitide, PEPTIDE INSTITUTE, INC, BCN Peptides, Setlance srl., APEPTICO
Forschung und Entwicklung GmbH, and BIONANOPLUS. Major players are focusing on
developing more efficient and eco-friendly power solutions to help telcos reduce
operational costs.
The growing demand for 5G connectivity and IoT applications is opening up key
opportunities for telecom power providers to collaborate with telcos on
developing new sites. Emerging markets in Asia Pacific and Latin America will
witness double digit growth in telecom infrastructure over the next decade,
attracting global power suppliers.
Market Drivers and Restraints
The rapid adoption of IoT and 5G technologies across industries is a key driver
boosting the demand for reliable telecom infrastructure and associated power
systems. IoT connections are expected to grow three-folds between 2020-2030
requiring greater network coverage. Conversely, high initial investments and
operational costs associated with telecom power systems pose a major challenge.
Network operators, especially in developing markets, may hesitate to invest in
these capital intensive power infrastructure upgrades limiting market
potential. Strict environmental norms regarding battery disposal could also
negatively impact revenue growth.
Segment
Analysis
The Telecom
Power Systems Market Demand is dominating by outdoor telecom power
systems sub-segment. Outdoor telecom power systems is generally used by telecom
towers located remotely where grid power is not available and such towers
require reliable power backup. As the number of telecom towers increase
worldwide especially in developing regions for fast connectivity with
increasing subscriber base, the demand for outdoor telecom power systems to
power these towers becomes crucial to enable continuous connectivity with
battery backup. These systems are equipped to withstand harsh weather
conditions and have higher capacity to power equipment at the tower site
without disruption. The adoption of outdoor telecom power systems is growing as
telecom operators focus on extending their networks to remote areas.
Global Analysis
Asia Pacific region dominates the global telecom power systems market
currently. Rapid establishment of telecommunication infrastructure in
developing countries such as India and China to support growing subscriber base
is driving high demand for telecom towers and associated power systems in the
region. Both countries have launched initiatives to enhance connectivity
nationwide which involves setting up numerous telecom towers. Supportive
regulatory environment and government measures to improve rural connectivity
through telecom means will further aid the market growth in Asia Pacific region
through the forecast period. Europe region is also expected to grow
considerably owing to ongoing telecom infrastructure upgradation projects
across countries to enable next generation connectivity technologies like 5G.
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