Jul 28, 2020 5:00 PM ET
iCrowd Newswire – Jul 28, 2020
Global Telecom Power System Market, By Components (Converter, Inverter, Rectifier, Head Management System), By Type (High pressure, Atmospheric Pressure, Low Pressure),By Grid(On Grid, Off Grid) – Forecast to 2022
The global telecom power system market 2020 is likely to witness substantial growth at a 10% CAGR over the review period and acquire approximately USD 5 billion by 2023.
The significant players acknowledged in the Telecom Power System market are Eaton (Ireland), Schneider Electric (France), AEG Power Solution B.V.(Netherlands), Huawei Technologies Co. (China), Delta Electronics (Taiwan), G.E. Industrial Solutions (U.S.), Microtek International Inc. (U.S.), Emerson Network Power (U.S.), Mitsubishi Electric Corporation (Japan), and among the others.
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Drivers and Restraints
The power system can be extended with renewable energy sources, which generates significant energy and operating cost-saving, which can further increase market growth. The rationale behind the growing adoption of these technologies can be a dynamic factor for the telecom power systems market as progress in these technologies bring augmented internet speeds for the end-users, which is achieved by the employment of higher frequencies. The use of higher rates reduces the network coverage, which means increasing deployment of mobile towers, covering the entire consumer base, and eventually driving the telecom power systems market. The hybrid power system in telecom is influencing the market as it is being designed to minimalize power system life-cycle costs and carbon footprint.
Study Objectives of Global Telecom Power System:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Telecom Power System market.
- To provide insights about factors affecting the market growth.
- To analyze the global Telecom Power System market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by Components, Type, Grid, Power Source and Geography.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Telecom Power System Market.
the global telecom power network market has been analyzed on the basis of type, components, and grid. Based on components, the telecom power system market is divided into an inverter, converter, rectifier, and head management system. The telecom power system has been segmented on the basis of type, into a atmospheric pressure, high pressure, and low pressure. The telecom power network segmented on the basis of the grid, such as on-grid, off the grid. Based on power source, the market has been segmented into solar, wind, and battery.
Based on region, the market has been segmented in North America, Europe, asia pacific, and the rest of the world. The disposition for the small cell power system for LTE is the main impact for the telecom power market APAC is anticipated to profit from impacts such as fast digitization through all commerce, owing to the spreading telecom towers in areas to enlarge the mobile network to the growing mobile subscriber base and also to increase connectivity. The rising execution proportion of smart technologies globally in several businesses has controlled the demand for IoT technologies. Most of the companies today are spending a lot on intelligent technologies to lessen the operational costs and gain the highest return on investment. The upsurge in the number of connected devices will lead to increasing demand for the Telecom Power System. The growing need for tower installations is driving the market as the following expertise, such as 3G and 4G, are being deployed. However, the coverage is relatively lower in 3G and 4G technologies in various regions, so telecom corporations need to set up more towers to handle the growing voice & data traffic. As the technologies are developing, the consumers’ demand for speed is also growing. This is because the speeds would fluctuate at the beginning due to the low coverage. This increasing penetration of 4G-LTE in such a short period can be a significant driver for the market as this will fuel the deployment of more cell sites. This increase in infrastructure is not constrained to specific countries in the region but spreads to many. 4G-LTE penetration is yet to reach a stage of maturity in the many areas, and the increasing trend for these progressive technologies and low hardware costs accelerating smartphone penetration have also driven the need for 4G LTE. Substantial developments in telecommunication and rising penetration of internet and broadband services have extra driven the evolution of telecom power system industry, another aspect which is influencing the market for the telecom power system is the infiltration of telecom towers in rural and off-grid areas.
- Telecom Tower Companies
- Mobile Network Operators
- Telecom Infrastructure Provider
- Research Consulting Companies
- Power System Providers
- Power System Distributors
- Original Equipment Manufacturers
- Component Manufacturer of Power System
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Keywords: Telecom Power System Market