According to the latest report by IMARC Group, titled "Telecom Power Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global telecom power systems market size reached a value of US$ 4.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2027, exhibiting at a CAGR of 9.6% during 2022-2027.
Market Outlook:
Telecom power systems offer assistance in maintaining and controlling the power flow in telecom networks. They are a cost-effective solution and provide a stable electricity supply in case of fluctuations in grid power, thus further forming an essential part of communication networks. Telecom power systems consist of several units that fulfil various technical requirements, such as controllers, distributors, and converters.
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Market Trends and Drivers:
The rapid expansion of telecom towers in remote locations and the increasing number of telecom subscribers are some of the key factors primarily driving the telecom power systems market growth. Additionally, the increasing penetration of smartphones and rising cellular data traffic are factors providing a significant boost to the market growth. Moreover, the widespread usage of hybrid power systems to reduce the amount of greenhouse gas (GHG) emissions, along with the easy accessibility to high-speed internet and the introduction of 5G network, are creating a positive outlook for the market.
Telecom Power Systems Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the telecom power systems market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Delta Electronics
- Eaton
- ABB Group
- Huawei Technologies Co.
- Schneider Electric
- Vertiv Co.
- Cummins Power
- Myers Power Products, Inc.
- Ascot Industrial
- Unipower
Key Market Segmentation:
The report has segmented the telecom power systems market on the basis of product type, component, power source, grid type and region.
Breakup by Product Type:
- DC
- AC
Breakup by Component:
- Rectifiers
- Converters
- Controllers
- Heat Management Systems
- Generators
- Others
Breakup by Power Source:
- Diesel-Battery
- Diesel-Solar
- Diesel-Wind
- Multiple Sources
Breakup by Grid Type:
- On Grid
- Off Grid
- Bad Grid
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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