According to a new report, published by KBV research, The Global Telecom Power System Market size is expected to reach $8.1 billion by 2030, rising at a market growth of 9.4% CAGR during the forecast period.
The Rectifiers segment is showcasing a CAGR of 8.4% during (2023 - 2030). Rectifiers are frequently employed as circuit guards to stop human error-caused supply voltage reversal in electronic components. Additionally, the growth of this segment is aided by the rising usage of high-frequency rectification and improved energy efficiency in consumer electronics like laptops, cellphones, and PCs. The development is positively influenced by the increasing usage of vehicle electronics, including advanced electric power steering, brake systems, seat control, and automotive central body control.
The Bad Grid segment is leading the Global Telecom Power System Market by Grid Type in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.4 billion by 2030. The main factors driving the widespread use of bad grids (battery-assisted direct current grids) in telecom power systems are the locations of telecom power sites in remote areas with intermittent or limited grid power. The cost-effectiveness of bad grids compared to alternative power systems, their flexibility to meet a variety of power needs, and their lower environmental impact, are further factors propelling the demand for these types of grids.
The 10 - 20 KW segment has shown the high growth rate of 9.6% during (2023 - 2030). A few applications for 10–20 kW power systems include rooftop base stations, DC generators, outdoor power systems, standby generating sets, rectifier modules (3G series), and 5G towers. Configurable power supplies with a moderate output are the optimal solution for power requirements in intermediate power. This segment’s growth is also projected to be aided by the rising use of medium-output power supply in telecom applications.
The Diesel-Battery segment acquired the maximum revenue share in the Global Telecom Power System Market by Power Source in 2022 thereby, achieving a market value of $3.5 billion by 2030. A diesel-battery power system reduces carbon emissions along with requiring a lower capital outlay. Consequently, developing nations like Mexico, Brazil, and India greatly favor these power sources. To charge telecom towers affordably, telecom operators in these nations increasingly employ diesel-battery technologies. Due to the construction of new plants, long-term contracts, and preferential access to the grids, the segment is anticipated to grow significantly in the coming years.
The AC Systems segment would register a CAGR of 10.1% during (2023 - 2030). The production of equipment for electric vehicles, avionics, and renewable power generation is growing, which is a factor in the segment's expansion. The demand for AC power systems is expected to stay high due to the increased focus on renewable energy sources and the increased use of cutting-edge electronics in several applications, creating new opportunities for companies operating in the market segment.
The Asia Pacific region dominated the Global Telecom Power System Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.4 billion by 2030. The Europe market is poised to grow at a CAGR of 8.9% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 8.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/telecom-power-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Eaton Corporation Plc, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cummins, Inc., ZTE Corporation, General Electric Company, Delta Electronics, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., ABB Group, Corning Incorporated, and Schneider Electric SE.
By Component
By Grid Type
By Power Rating
By Power Source
By Technology
By Geography
Companies Profiled