Telecom Power Systems Market: Industry Research Report till 2028
IMARC Group has recently released a new research study titled “Telecom Power Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the telecom power systems market?
The global telecom power systems market size reached US$ 4.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.
What is telecom power systems?
Telecom power systems are highly energy-efficient solutions that help secure telecommunication services in case of grid power fluctuations and interruptions. They consist of batteries, rectifiers, distributors, converters, and a power system controller and are designed to support, control, and monitor the power flow. In alternating current (AC) power systems, an inverter converts direct current (DC) power systems into AC. In DC power systems, a rectifier converts AC to DC and provides the necessary power to charge batteries. These systems are power-efficient and cost-effective, provide a reliable and durable service, and help maintain several other services, such as high-speed internet data and fixed lines.
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What are the growth prospects and trends in the telecom power systems industry?
The rising cellular data traffic and increasing penetration of smartphones are some of the key factors accelerating the market growth. Moreover, the rapid expansion of cellular networks to improve connectivity in remote locations and increasing consumer expenditure power are other growth-inducing factors. In line with this, key telecom operators are integrating next-generation Wi-Fi-6 and 5G networks with their products. They are also offering products equipped with precise location sensing, increased data capacities, lower latency, and greater device density to expand their consumer base, which is providing an impetus to the market growth.
Apart from this, the surging demand for renewable energy-powered telecom power systems and rapid digitalization are creating a positive outlook for the market.
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
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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
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
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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