Telecom Power Systems Market By Component (Rectifiers, Controllers, Converters, Heat Management Systems, Inverters, Circuit Breakers, Generators, Protection Devices, Distribution Unit, and Others), By Grid (Off Grid, On Grid, and Bad Grid), By Power Source (Diesel-Solar, Diesel-Wind, Diesel-Battery, and Multiple Sources) - Growth, Future Prospects, and Competitive Landscape, 2019 - 2027

Rising Penetration of Renewable Sources in Energy Generation is Expected to Drive the Telecom Power Systems Market

The global telecom power systems market is expected to reach $5,443.1 million by 2027, expanding at a 6.9% CAGR from 2019 to 2027. Exponential growth in high-speed data users, the internet, mobile phones, and other communication services have challenged the telecom power sector to reduce energy consumption in cooling systems and processing equipment. This has pushed information technology into the distribution network to transform the traditional telecom grid into a smart system by introducing sensors and other monitoring and control equipment into it. Furthermore, strategic transformation in the telecommunications sector through the introduction of IoT and artificial intelligence will critically drive the market in the near future.

Off-Grid Segment to Account for Highest Growth During the Forecast Period

Off-grid power systems are expected to register the highest growth over the forecast period owing to their ability to provide radio coverage over a wide geographic area. In addition, the concept of distributed generation triggers the concept of micro or off-grid telecom power systems. A power grid that is off-grid has no main grid and is made up of several small grids that are linked together. Furthermore, massive investment in off-grid over the past two years and ongoing investment by major energy players in reliable grid and solar home systems offer huge opportunities for off-grid vendors in the coming years. A recent report on "Strategic Investments in Off-Grid Energy Access" published by "Wood Mackenzie Power & Renewables" revealed a significant investment of US$ 383 million in off-grid energy. One of the appealing factors boosting investment in off-grid power systems is a 65% reduction in maintenance and operating fuel costs.

Diesel-Solar Segment Accounts for Highest Growth During the Forecast Period

The diesel-solar power source is expected to grow at the fastest rate during the forecast period. The segment's growth is primarily due to government subsidies offered for solar P.V.s across various regions. India receives an ample amount of solar energy, with nearly 300 days of clear skies in a year. As a result, the Indian government provides a subsidy scheme for the installation of rooftop P.V. systems. The scheme provides relief to the public from its high upfront installation cost and also offers long-term benefits, both in terms of energy and cost savings. Similarly, the U.K. government offered a Feed-in Tariff (FiT) scheme to accelerate its target of achieving 20% of renewable energy generation in all member countries by the year 2020. Other than India and the U.K., other regions also offer relevant subsidy plans to the public to create awareness for the use of renewable energy sources for energy generation. Apart from the above-stated government schemes, diesel solar offers the lowest cost of energy generation along with an easy installation process as compared to other power sources. This will escalate the segment at a rapid pace in the near future.

Asia Pacific held the largest revenue share in the year 2018

Asia Pacific dominated the global telecom power systems market in terms of revenue for the year 2018. The prime reason behind the staggering growth of the region is the large installation of telecom towers because of the significant rise in cellular devices and high-speed internet in the region. In 2017, the total number of telecom towers installed in the Asia Pacific region was 3,047,847. In addition, the region also witnessed significant growth in the forecast period owing to the increased deployment of small cell units last year. Recently, a report published by the Small Cell Forum registered 58.6% of the total deployment of non-residential small cell units last year in the Asia Pacific region. Besides this, the region is expected to deploy nearly 2.62 million non-residential small cells by the year 2021, which represents nearly 54% of the global small cell deployment. This accounts for one of the major factors behind the rapid growth of the region.

Key Players and Competitive Landscape:

Some of the leading vendors profiled in the global telecom power systems market report include Huawei Technologies Co. Ltd., Delta Electronics Inc., Schneider Electric, Eaton Corporation Inc., G.E. Industrial Solutions, Vertiv Co., Myers Power Products Inc., A.E.G. Power Solution B.V., Microtek International Inc., Mitsubishi Electric Corporation, Cummins Inc., Ascot Industrial S.R.L., and Unipower L.L.C., among others.

Periods of History and Forecast

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The research study on the telecom power systems market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides an all-around view of the global telecom power systems market based on components, grid, power source, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report

• What was the global market size of telecom power systems in 2017 and 2018?
• What are the estimated forecast and market projections up to 2027?
• Which is the largest regional market for telecom power systems?
• Which grid type has the largest penetration in the telecom power systems market?
• Which is the most preferred power source for telecom power systems?
• Which are the predominant trends shaping the global telecom power systems market?
• Which is the most promising, attractive, and less-explored region in the global telecom power systems market?
• Who are the leading vendors in the global telecom power systems market?
• What are the premier strategies adopted by the leading manufacturers in the global telecom power systems market?

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