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Rising Data Traffic And Increased Telecom Service Adoption Fuel Growth In The Telecom Power Systems Market: Core Growth Enabler in the Telecom Power Systems Market, 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Telecom Power Systems Industry Market Size Be by 2025?
The telecom power systems market size has grown strongly in recent years. It will grow from $4.76 billion in 2024 to $5.22 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to network densification, emergence of 4g networks, rural and remote connectivity, telecom infrastructure expansion, environmental concerns and energy efficiency.
What's the Long-Term Growth Forecast for the Telecom Power Systems Market Size Through 2029?
The telecom power systems market size is expected to see rapid growth in the next few years. It will grow to $7.68 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in 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. Major trends in the forecast period include microgrids and off-grid solutions, energy storage advancements, hybrid power solutions, focus on energy efficiency, remote monitoring and management.
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What Are the Key Growth Drivers Fueling the Telecom Power Systems Market Expansion?
The growing adoption of telecom services and high data traffic is expected to propel the growth of the telecom power system market going forward. Telecom services refer to all forms of voice telephony and data transmission processing services, whereas high data traffic refers to high amounts of bandwidth that are utilized for extremely active and constant network traffic routes. Telecom power systems are used in telecom services to enable smooth functioning of services and organize more or less remote computer systems and to improve visibility into devices connecting to the network. For instance, in November 2022, according to Ericsson, a Sweden-based networking and telecommunications company, 5G's share of mobile data traffic is forecast to grow to 69% by 2028. Further, the global monthly average data usage per smartphone is anticipated to be 19 GB in 2023 and is forecast to reach 46 GB by the end of 2028. Additionally, total worldwide data traffic - barring traffic created by fixed remote access (FWA) was supposed to stretch around 90 EB (exabyte) each month toward the finish of 2022 and is projected to develop by an element of almost 4 to arrive at 325 EB each month in 2028. Therefore, the growing adoption of telecom services and high data traffic drive the telecom power systems market.
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What Are the Key Trends Driving Telecom Power Systems Market Growth?
Major companies in the telecom power systems market are focusing on investing in innovative solutions, such as modular and intelligent power systems, to enhance energy efficiency and sustainability, enabling telecom operators to meet growing demands while minimizing their carbon footprint and operational costs. All-Scenario Smart Telecom Power Solutions is a modular and intelligent power system designed for telecom operators that enhances energy efficiency and flexibility while supporting various energy sources and applications, enabling long-term capacity expansion with a focus on sustainability. For instance, in May 2024, Huawei Digital Power, a China-based technology company, launched the All-Scenario Smart Telecom Power Solutions to build excellent power systems that meet operators' needs for "one-time deployment, ten-year evolution. Huawei Smart Power adopts the modular design and supports on-demand configuration and elastic capacity expansion, achieving capacity expansion with only one set. It features a high density with a volume of only 50% of that of a traditional power system, facilitating deployment.
How Is the Telecom Power Systems Market Segmented?
The telecom power systems market covered in this report is segmented -
1) By Component: Rectifiers, Batteries, Controllers, Inverters, Power Distribution Unit, Generators, Other Components
2) By Grid Type: On Grid, Off Grid, Bad Grid
3) By Power Source: Diesel-Battery Power source, Diesel-Solar Power source, Diesel-Wind Power Source, Multiple Power Source
4) By Power Range: Low, Medium, High
5) By End-User: Access, Core, Metro
Subsegments:
1) By Rectifiers: AC To DC Rectifiers, Modular Rectifiers
2) By Batteries: Lead-Acid Batteries, Lithium-Ion Batteries, Nickel-Cadmium Batteries
3) By Controllers: Voltage Controllers, Battery Management Systems, Monitoring And Control Systems
4) By Inverters: DC To AC Inverters, Grid-Tied Inverters
5) By Power Distribution Unit: DC Power Distribution Units, AC Power Distribution Units
6) By Generators: Diesel Generators, Gas Generators
7) By Other Components: Surge Protection Devices, Power Management Systems
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Which Companies Are Leading the Charge in Telecom Power Systems Market Innovation?
Major companies operating in the telecom power systems market 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
Which Regions Are Leading the Global Telecom Power Systems Market in Revenue?
North America was the largest region in the telecom power systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the telecom power systems market report during the forecast period. The regions covered in the telecom power systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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