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Industry Statistics
Telecom Power Systems Market size surpassed USD 5 billion in 2022 and is anticipated to register 10% CAGR from 2023 to 2032.
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An increase in the number of mobile subscribers worldwide will boost the deployment of telecom power systems. The growing mobile penetration has sparked a massive need for telecom service providers to build base stations, which are deployed in remote locations such as rural areas and along highways. The growing demand for robust technology to assist in supplying uninterrupted power to these power systems is expected to significantly contribute to industry development.
Additionally, escalating demand for private LTE networks will encourage telecom infrastructure providers to deploy a variety of infrastructure services, such as Evolved Packet Core (EPC), backhaul networks and eNodeB base stations. These devices require continuous power backup for optimum functioning. Increasing power requirements caused by the introduction of 5G small cells will provide numerous growth opportunities to the telecom power systems market players.
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 10% |
2032 Value Projection: | USD 15 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 517 |
Segments covered: | Type, Technology, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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High costs of raw materials may impede industry growth
The cost of raw materials used to manufacture power supply components such as rectifiers, converters, controllers, generators and heat management systems is growing rapidly, which raises the overall cost of telecom power systems. However, with growing emphasis on R&D and significant capital investment by business participants to lower production costs, the telecom power systems market is said to predict technical developments that may assist in overcoming these restraints by 2032.
Extensive deployment of indoor telecom power systems
The indoor telecom power system segment is slated to observe 11.5% growth through 2032. These systems are widely used to serve global carrier networks and commercial communication infrastructure. Furthermore, the vendors in this landscape are focused on creating innovative products with easy integration, high reliability and low power consumption to reduce the energy footprint of indoor sites. This is likely to influence market growth in the future.
Low cost and wire reusability characteristics of digital electricity technology
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The telecom power systems market from digital electricity segment is set to witness 20% growth rate during 2023 to 2032. The increased popularity of digital power among telecom operators is owing to its low costs and greater reusability of wires. Digital electricity cabling can be easily relocated and reused without the need for external expertise. This can significantly reduce hardware-related expenses, which will spur the technology adoption rate.
Growing need for telecom connectivity in rural areas for macro/outdoor BTS application
The macro/outdoor BTS application accounted for over 63% of the industry share in 2022. A growing priority for supplying power to off-grid cell sites is raising the necessity for these systems in outdoor Base Transceiver Stations (BTS). Governments in developing economies are focusing on enhancing telecom connectivity in rural areas not connected to an electricity grid. Such efforts are presenting new potential prospects for the manufacturers to develop alternative solutions catering to outdoor macro sites, which is foster the market dynamics by 2032.
Growing requirement for 5G networks and infrastructure in Europe
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The Europe telecom power systems market revenue to crossed USD 1.1 billion in 2022. The burgeoning necessity for 5G networks and infrastructure coupled with favorable government initiatives and investments in telecom infrastructure advances are projected to fuel regional growth. The availability of affordable plans offered by telecom operators as a part of the Europe 2020 strategy is booming the demand for mobile broadband subscriptions. The growing broadband penetration in the region should garner the mandate for network infrastructure through 2032.
Innovative product launches to complement industry progress
Alpha Technologies (EnerSys), Corning Incorporated, Cummins Inc., Eaton Corporation, Eltek (Delta Electronics, Inc.), Huawei Technologies Co., Ltd., Myers Power Products, Schneider Electric, and ZTE Corporation are some of the leading companies in the global competitive scenario. Companies with a strong distribution network are focusing on various strategic initiatives to expand their business position.
Impact of the COVID-19 pandemic on business trends
The COVID-19 pandemic has had a positive impact on the market for telecom power systems. A surge in broadband traffic during the pandemic has facilitated the deployment of telecom power systems. Spikes in gaming, videoconferencing, streaming, and other media increased uplink traffic, causing a significant strain on networks meant for pre-pandemic use levels. This thereby raised the need for advanced telecom power systems. Moreover, telecommunications providers are making huge investments to deploy new network infrastructure and technologies.
This market research report on telecom power systems includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:
Market, By Type
- Indoor Telecom Power Systems
- Outdoor Telecom Power Systems
Market, By Technology
- AC Power
- DC Power
- Digital Electricity
Market, By Application
- Macro/Outdoor BTS
- Data Centers
- Indoor DAS
- Active DAS
- Passive DAS
- Hybrid DAS
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- Egypt
- Israel
- Turkey
- GCC
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