Press release
Global Telecom Power Systems Market: Soaring Growth, Key Players, and Forecasts for 2024-2029
Telecom Power Systems Market Size
What Is The Projected Market Size Of The Global Telecom Power Systems Market And Its Growth Rate?
• The telecom power systems market grew from $4.76 billion in 2024 to an estimated $5.22 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%.
• Massive growth factors during this period included network densification, emergence of 4G networks, rural and remote connectivity, telecom infrastructure expansion, environmental concerns, and energy efficiency.
• The market size is expected to surge in the coming years, predicted to reach $7.68 billion in 2029 at a CAGR of 10.1%.
• The expansion during the forecast period can be attributed to 5G network expansion, rise in data consumption, transition to green energy, demand for hybrid power solutions, focus on network resilience.
What Is Driving The Growth In The Telecom Power Systems Market?
Growing adoption of telecom services and high data traffic significantly drive the growth of the telecom power system market. Telecom services refer to all forms of voice telephony and data transmission processing services, whereas high data traffic refers to high amounts of bandwidth utilized for extremely active and constant network traffic routes. Telecom power systems are used in telecom services to enable smooth functioning and organize more or less remote computer systems, and to enhance visibility into devices connecting to the network. In November 2022, for instance, Ericsson projected 5G's share of mobile data traffic would grow to 69% by 2028. The global monthly average data usage per smartphone is anticipated to rise from 19 GB in 2023 to 46 GB by the end of 2028. Inevitably, the growth in adoption of telecom services and high data traffic accelerates the telecom power systems market.
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Who Are the Key Players Driving Telecom Power Systems Market Growth?
Key players in driving the telecom power system market growth include:
• Delta Electronics Inc.
• Cummins Inc.
• Huawei Technologies Co. Ltd.
• Eaton Corporation plc
• ZTE Corporation
• Schneider Electric
• Microtek International Inc.
• AEG Power Solutions BV
• ABB Ltd.
• Dynomic Power Group
• Efore Group
• JMA Wireless
• Staticon Ltd.
• Unipower LLC
• VoltServer
• Vertiv Co.
• General Electric Company
• Myers Power Products Inc.
• ACME Electric Corporation
• Emerson Electric Co.
• Mitsubishi Electric Corporation
• Toshiba Corporation
• Eltek AS
• Bel Fuse Inc.
• Advanced Energy Industries Inc.
• Alpha Technologies Ltd.
• Corning Incorporated
• Zinwave Limited
What Are The Key Trends In The Telecom Power Systems Market?
Major trends emerging in the telecom power systems market include:
• Microgrids and off-grid solutions
• Energy storage advancements
• Hybrid power solutions
• Focus on energy efficiency
• Remote monitoring and management
What Are The Segments Of The Global Telecom Power Systems Market?
The global Telecom Power Systems market divides into following segments:
• Component: Rectifiers, Batteries, Controllers, Inverters, Power Distribution Unit, Generators, Other Components
• Grid Type: On Grid, Off Grid, Bad Grid
• Power Source: Diesel-Battery Power source, Diesel-Solar Power source, Diesel-Wind Power Source, Multiple Power Source
• Power Range: Low, Medium, High
• End-User: Access, Core, Metro
Which Region Leads The Telecom Power Systems Market?
North America reigned as the largest region in the telecom power systems market in 2024. On the other hand, Asia-Pacific is expected to emerge as the fastest-growing region in the market during the forecast period. The report covers diverse regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Telecom Power Systems Market Global Market Report?
- Market Size Analysis: Analyze the Telecom Power Systems Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Telecom Power Systems Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Telecom Power Systems Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Telecom Power Systems Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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