Telecom Power System Market: Overview
Power systems used in the telecommunications sector in installations to control, monitor, and measure the power flow across networks are referred to as telecom power systems. These systems are built by combining smaller systems such as distributors, converters, backup systems, and controllers.
The global market for telecom power systems is slated to register strong growth over the course of the forecast period, driven by the rising penetration of telecom towers not just in high-density metropolitan areas but even off-grid and rural areas.
Telecom Power System Market: Key Trends
One of the factors responsible for the growth of the global telecom power systems market is the ongoing deployment of small cell power systems for long-term evolution (LTE) networks. Owing to an exponential rise in mobile data traffic, telecom operators are forced to expand their coverage area through wireless networks in urban as well as rural areas.
Another factor driving the uptake of telecom power systems is the rising adoption of hybrid systems. This can be attributed to the benefits of cost-effectiveness and energy efficiency presented by hybrid power systems. The growing shift toward renewable energy sources is a trend that is sure to have a big impact on the telecom power systems market. On the flip side, though, environmental concerns arising from the high usage of diesel for powering telecom infrastructure is likely to present a major challenge to those in the market.
Telecom Power System Market: Market Potential
Huawei has earned a name for itself for itself based on its line of trailblazing DC power products, which have enabled users save maintenance as well as overhead costs. Known to transform the telecom energy sector, the company has been building green and intelligent energy networks in the telecom industry, thereby giving the telecom power systems market a major boost.
Huawei’s product portfolio caters to the needs of end users from wide-ranging and diverse environments. In October 2016, the China-based multinational networking and telecommunications equipment and services company was awarded the contract of building a modular data center campus for the Dubai International Airport. The facilities provided by Huawei through the data center are codenamed DBX and will be used to host the private cloud of the airport.
Telecom Power System Market: Regional Outlook
From a geographical standpoint, Asia Pacific accounts for a major share in the global telecom power systems market. This can be attributed to increasing penetration of global telecom companies in a number of developing nations in the region. Expanding mobile networks, especially 3G and LTE networks, have also contributed toward the growth of the APAC telecom power systems market.
North America is also a key region when it comes to the telecom power systems market. The telecommunication sector here requires cost-effective and increasingly reliable power supply. The competition in this market is immensely high, despite the vendor landscape being quite fragmented. The telecom power systems market in North America is characterized by the presence of global, regional, and domestic vendors, which adds to the overall competition.
Companies mentioned in the report
Schneider Electric, Ascot Industrial S.R.L., Huawei Technologies Co., Myers Power Products, Inc., Eaton, Cummins Power, GE Industrial Solutions, Vertiv Co. (formerly Emerson Network Power), Delta Electronics, and Unipower are some of the prominent players in the global telecom power systems market.
Considering that emerging countries have been presenting incredible growth within the telecom sector, it is no wonder that an increasing number of telcos have been setting up shop in a number of APAC nations. Firms have also been focusing offering telecom power systems with improved features, services, products, functionalities, and quality. The global market is primarily dominated by established players and this proved to be rather challenging for new entrants.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report