Telecom Power Systems Market Precise Outlook 2021 - 2026: Eaton Corporation, Huawei Technologies Co., Cummins Inc., ZTE Corporation

Market Insights Reports delivers key insights on the Telecom Power Systems market in its latest report titled, “Telecom Power Systems Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2026)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Telecom Power Systems market was valued at USD 2.74 billion in 2020 and is expected to reach USD 6.11 billion by 2026, at a CAGR of 10.5% over the forecast period 2021 - 2026.

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Top Key Players in the Global Telecom Power Systems Market: Eaton Corporation, Huawei Technologies Co., Cummins Inc., ZTE Corporation, Efore Group, Eltek AS, Delta Group, Alpha Technologies, ABB Group, Schneider Electric

- Sep 2019 - Clear Blue Technologies International Inc., one of the smart off-grid company announced its smart off-grid technology, which will be used to power new telecom systems in support of voice and data services from 9mobile, a fast-growing communications provider in Nigeria. Clear Blue was selected for the project by Raeanna Nigeria Limited, a Nigerian infrastructure company focused on rural connectivity and energy solutions.
- May 2019 - Clear Blue Technologies International Inc. announced the launch of its Energy-as-a-Service (EaaS) for wireless power and this new subscription-based service provides clean, wireless power for critical systems such as off-grid street lights, telecommunications systems and Internet of Things (IoT) devices.

Key Market Trends

Access Application in 4G Holds the Significant Share in The Market

- LTE is the recent wireless broadband technology and is marketed as the fourth generation (4G) of radio technologies. There is a target for the firms for the bit rate to have peak data rates from 10 Mb/s up to 300 Mb/s in the downlink. However, in practical implementations, 300 Mb/s rates have not yet been achieved. LTE uses the 2.6 GHz band. However, in the future LTE may use the 800 MHz band.
- This increasing penetration of 4G-LTE in such a short span of time can be a major driver for the market studied, as this will fuel the deployment of more cell sites. This increase in infrastructure is not restricted to specific countries in the region but spreads to many.
- For instance, in May 2018, Vihaan Networks Limited (VNL), one of the leading global telecom equipment makers is launching its LTE-based communication portfolio for the African markets. The latest range of technologically robust 4G/LTE telecom products is the outgrowth of their strong in-house R&D capabilities and signify India's inherent strengths in the area of telecom equipment manufacturing in this region.
- Since this increase in 4G-LTE has been achieved by more tower installations, this has also enhanced the speeds of the 4G-LTE services, as the speed in Mexico increased from 21.7 Mbps in November 2016 to 22.36 Mbps in June 2017.
- Further, some regions, such as South Africa, already have 4G-LTE coverage of more than 80%. However, other regions, like Sub-Saharan Africa, which had a penetration of only 3%, are expected to reach more than 55% of coverage by 2022. This is expected to have immense potential for the telecom power systems market, as the number of cell sites deployed would increase.
- Moreover, 4G-LTE penetration is yet to reach maturity in many regions, and the increasing trend for these advanced technologies and low hardware costs accelerating smartphone penetration have also driven the need for 4G LTE.
- DongAh Elecomm supply rectifier and hot-swap power supply modules, power shelves and energy systems for the fast-developing and multi-functionalized communications industry. DongAh Elecomms power is behind the 4G/LTE small cell deployment for South Koreas three major service providers: Korea Telecom, SK Telecom, and LGU+, deploying more than 300,000 small cell systems across the Republic of Korea over three years.

Regional Analysis:

The report offers an in-depth assessment of the growth and other aspects of the Telecom Power Systems market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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North America Account for Significant Market Share

- The North American region has been one of the early adopters for most of the innovative technologies, and telecom technologies are not an exception, as the mobile penetration in the region is 94% and penetration for 4G-LTE, as of January 2018, was more than 73%.
- The rationale behind the increasing adoption of these technologies can be a driving factor for the telecom power systems market as advancement in these technologies bring increased internet speeds for the end consumers, which is achieved by the usage of higher frequencies. The use of higher frequencies reduces the network coverage, which means increasing deployment of mobile towers, in order to cover the entire consumer base, and eventually driving the telecom power systems market.
- The region can pose immense prospects for the market, as it might be one of the first to launch the 5G services, which will require further deployments of cell sites. Some of the major players in the region include GE Industrial Systems (ABB Ltd.), Cummins Inc., and Eaton Corporation, among others.

This Telecom Power Systems Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2026

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place

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Post Covid-19 Analysis:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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