Press release
Telecom Tower Power System Market is expected to reach USD 3.7 Billion by 2022 with a CAGR of 11% | Key Leaders by Schneider Electric, Huawei, Delta, Eaton, Bharti and Texas
The telecommunication industry is growing continuously due to rapid innovations & IT modernizations. Telecom Tower Power System is specifically designed to meet the needs of reliable, highly efficient, quiet, and environmentally-friendly backup or continuous power for telecommunication sites. Telecom towers are either owned by individual telecom service providers, or shared among multiple service providers in order to save capital and operational costs. The telecom Tower Power Systems enable remote control and data acquisition that facilitates low-cost monitoring and servicing of the field units.
The study indicates that growing demand for renewable power supply systems, competition to deliver uninterrupted telecom services is driving the Telecom Tower Power System Market. Apart from that rising number of Internet users, change in customer preferences and deployment of new technologies are also responsible for the growth of market in the Telecom Tower Power System market.
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The telecom Tower Power Systems are segmented on the basis of type, power source and region. The telecom Tower Power Systems based on power source is subdivided into diesel, diesel-battery, solar, wind and others. The Telecom Tower Power Systems designed using these renewable power sources such as solar, wind and others, contribute to energy saving and create a green footprint. The study reveals that many companies are designing telecom Tower Power Systems using renewable power resources.
The global Telecom Tower Power System Market is expected to grow at USD ~3.7 Billion by 2022, at ~11% of CAGR between 2016 and 2022.
Key Players:
The prominent players in the Telecom Tower Power System market are- Schneider Electric (France), Huawei Technologies Co. (China), Delta Electronics (Taiwan), GE Industrial Solutions (U.S.), Eaton (Ireland), Vertiv (U.S.), Bharti Infratel Ltd., (India), Texas Instruments (U.S.), ST Microelectronics (Switzerland) among others.
Telecom Tower Power System Market Segmentation:
The Telecom Tower Power System Market has been segmented on the basis of type, power source and region. On basis of type the Telecom Tower Power System consists of Reliable grid, Unreliable grid, Off grid segment. It is expected that Off grid segment will grow at a fastest rate in the Telecom Tower Power System market during the forecast period. Considering the power source segment, Telecom Tower Power System consists of diesel, diesel-battery, diesel-solar, diesel-wind and others. The study indicates that currently diesel-battery power source is used widely in telecom tower power systems. The study reveals that renewable energy sources such as solar, wind and other would grow at a high rate by the forecast period.
Regional Analysis:
The regional analysis of Telecom Tower Power System market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rising number of mobile phone subscribers have driven the market of Telecom Tower Power System in Asia-Pacific region. The study reveals that Asia- Pacific region dominates the Telecom Tower Power System market. The study also indicates that increasing trend of smartphones and large geographic diversity has led to the need of Telecom Tower Power Systems in Asia-Pacific region. Asia-Pacific countries like China, Japan, Korea and India are advancing in their technologies rapidly. It has been observed in Asia-pacific region that development of 5G technologies and deployment of 4G technologies has increased the demand of telecom Tower Power Systems. The Telecom Tower Power System market is expected to grow steadily in Europe and Latin America regions over the forecast period.
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Intended Audience:
• Telecom managed service providers
• Original equipment manufacturers (OEMs)
• Power systems component manufacturers and distributors
• Power systems distributors and suppliers
• Suppliers of related accessories for power systems
• Providers of power systems
• Telecom tower companies
• Telecom infrastructure providers
• System Integrators
• Government Organizations
• Research/Consultancy firms
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