by Telecom power systems are used to provide reliable and continuous power supply to telecommunication towers and base stations. They consist of rectifiers, converters, and batteries that efficiently distribute and regulate power for various telecom infrastructure and network elements. The increasing rollout of 4G/5G networks has fueled the demand for telecom towers globally, necessitating reliable and scalable power solutions.
The global Telecom Power Systems Market is estimated to be valued at US$ 4187.04 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
As telecom operators continue to expand their network coverage through additional towers and network elements, there is greater reliance on power systems to reliably support this infrastructure. It is estimated that a single tower can consume anywhere between 1 to 10 kilowatts of power depending on the number of tenants and technologies hosted. As 5G networks and internet of things proliferate, each tower will need to support multiple technologies simultaneously, multiplying power consumption needs at the tower site. Leading to increased investments in scalable and efficient telecom power solutions that can support these evolving requirements.
SWOT Analysis
Strength: Telecom power systems provide robust and reliable power solutions to telecom infrastructure. They ensure uninterrupted power supply which is critical for telecom networks.
Weakness: High initial investments are required for setting up telecom power systems. They also have high maintenance and operational costs.
Opportunity: Growth of 5G networks and increase in number of telecom towers especially in developing regions provide opportunities for telecom power system vendors. Advancements in renewable energy solutions also open up new growth avenues.
Threats: Decline in average revenue per user poses risks for telecom operators’ revenue and investments. Changing regulations regarding grid connectivity of telecom towers act as a challenge.
Key Takeaways
The Global Telecom Power Systems Market Size is expected to witness high growth. Rapid rollout of 5G networks globally will drive the demand for telecom power systems. Asia Pacific dominates the market currently due to high investments by telecom operators in 5G infrastructure and growing mobile subscriber base. China accounts for largest share in the region supported by government initiatives to enhance telecom connectivity.
Key players operating in the telecom power systems industry include Delta Electronics, Eaton, Vertiv, Huawei Technologies, and Schneider Electric. Growing demand for eco-friendly power solutions has prompted vendors to introduce power systems integrated with solar and wind energy components. For instance, Huawei offers telecom power solutions with lithium batteries and renewable energy integration. Market players are focused on developing modular and scalable systems to support rural network expansion.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
