April 13, 2024
Telecom Power Systems Market
Ict

Telecom Power Systems Market is Estimated to Witness High Growth Owing to Improved Energy Efficiency

The global telecom power systems market is mainly driven by the increasing need for highly efficient power infrastructure solutions in the telecommunications industry across the globe. Telecom power systems help achieve optimal energy efficiency, improved reliability, and reduced emissions. They consist of batteries, converters, controllers, generators, and other components that ensure uninterrupted power supply in telecom networks. Telecom operators rely heavily on these power systems to maximize uptime and provide seamless connectivity to customers.

The Global telecom power systems Market is estimated to be valued at US$ 4823.48 Bn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the telecom power systems are Archer Daniels Midland Company, Seagarden AS, Phermpep Co. Ltd., Arlak Biotech Pvt. Ltd., Naturade, Royal DSM, MYOS RENS Technology Inc., Natural Factors Inc., Valio Oy, GenScript, HELIX BIOMEDIX, Oryn Therapeutics, Selecta Biosciences, NIBEC, vivitide, PEPTIDE INSTITUTE, INC, BCN Peptides, Setlance srl., APEPTICO Forschung und Entwicklung GmbH, and BIONANOPLUS.

The key opportunities in the market include rapid expansion of 5G networks globally which will drive the need for resilient power infrastructure. Investments in rural connectivity projects in developing nations will also present lucrative opportunities for telecom power system vendors.

Technological advancements such as lithium-ion batteries, intelligent power management software, and adoption of hybrid power systems comprising conventional and renewable energy sources are expected to boost efficiency and reduce operational costs for telecom operators.

Market drivers

The increasing data traffic worldwide due to growth in video and cloud-based applications is necessitating network capacity expansion and modernization. This is driving the demand for telecom power systems to ensure seamless connectivity. In addition, initiatives towards connecting the urban-rural divide through broadband infrastructure projects will propel the telecom power systems market growth over the forecast period.

Challenges in Telecom Power Systems Market
The Telecom Power Systems Market Demand faces several challenges currently. With increasing demand for 5G connectivity and proliferation of data centers, there is greater need for reliable and efficient power infrastructure. However, there are issues around integrating renewable energy sources into existing grids. Rapid technological changes also necessitate frequent upgrades of power equipment to keep pace. Lack of standardized regulations for deploying power assets across countries adds to deployment complexities. Ensuring continuous uptime of networks with minimal downtimes despite natural calamities or grid failures is a key priority as well. Managing rising energy consumption levels while reducing carbon footprint poses an ongoing challenge.

SWOT Analysis
Strength: Growing investments in network expansion and fiberization projects worldwide is driving demand. Weakness: High initial capital costs of setting up dedicated power infrastructure deters some telecom operators. Opportunity: Integration of energy storage solutions and renewable energy can help reduce costs and emissions over long run. Threats: Stringent emission norms in several countries necessitate faster adoption of green technologies.

Geographical Regions
North America accounts for the largest share of the global telecom power systems market currently, followed by Asia Pacific. This is owing to high penetration of 4G/LTE networks and ongoing 5G rollout activities across countries like the US and China.

The Asia Pacific region is expected to witness the fastest growth during the forecast period due to massive telecom infrastructure development projects underway in India and Southeast Asian nations. Initiatives such as Digital India and BharatNet aim to take connectivity to remote rural locations as well, presenting lucrative business opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it