Telecom Power System Industry Will Hit $7,360.2 Million by 2030

The total value of the telecom power system market $3,974.1 million in 2021, and it will rise at a growth rate of around 7.1% in the near future, to reach $7,360.2 million by the year 2030. The major reasons behind the growth of the industry are, growing presence of telecom towers in Africa and APAC, and booming acceptance of telecom services. To meet the surging requirement from increasing count of users, many towers have been installed one after the other.

Based on components, generators category held the largest share in the past, as they are significantly put to use as a standby power source for secure operations in case of power cuts and fluctuating power supply. Furthermore, in comparison to natural gas diesel is less combustible, which makes it a safe fuel for generators for telecom tower backups.

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The bad-grid category held the largest share of around 40% in the recent past. This was because of its extensive use in rural areas majorly in India, Pakistan, Brazil, and African countries. Additionally, the growing expansion of telecom set-up because of heavy fundings by tower companies boost the usage of the bad-grid telecom power systems.

The telecom power system market of the APAC held the revenue share of around 40%, and will continue its dominance in coming years. In the APAC region, mobile subscriber count is increasing extensively, which is motivating the telecom service providers to make investments and expand the telecom network. For example, India alone is adding about 25 million new users in every quarter, such factors are propelling the sales of power systems in the region.

The requirement for telecom power systems will grow, as the number of mobile subscribers increasing all around the globe.

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Market Size Breakdown by Segment

By Component
• Rectifiers
• Inverters
• Converters
• Controllers
• Heat Management Systems
• Generators
By Grid Type
• On-Grid
• Off-Grid
• Bad-Grid
By Power Source
• Diesel-Battery
• Diesel-Solar
• Diesel-Wind
• Multiple
By Technology
• AC
• DC
Geographical Analysis
• North America
o U.S.
o Canada
• Europe
o Germany
o Italy
o Spain
o U.K.
o France
• Asia-Pacific
o Japan
o India
o China
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East and Africa
o Saudi Arabia
o South Africa

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This release was published on openPR.