Global Telecommunications Power System Market Analysis and Forecast 2021-2026 by Power Range (Low, Medium, High) and End User Application (Access, Core, Metro)
Dublin, December 31, 2021 (GLOBE NEWSWIRE) – The report “Telecommunications Power Systems Market – Growth, Trends, COVID-19 Impact and Forecast (2021-2026)” has been added to ResearchAndMarkets.com offer.
The global telecommunications power systems market is expected to register a CAGR of 3.25% during the forecast period 2021 to 2026. This market was valued at USD 4,357.7 million in 2020 and is expected to reach a value of 5,252, $ 8 million by 2026.
The use of solar energy is a stable method of supplying electricity to telecommunication systems in remote locations that are beyond the main power grid, for example mountain peaks and vast swamps, where the Electricity is not available or where it is impossible to install new power lines in remote locations. This deployment could become a future trend in this market.
The growing need for tower facilities is driving the market as the following technologies such as 3G and 4G are being rolled out, but the coverage is relatively lower in 3G and 4G technologies in various regions, so companies telecommunications companies need to build more towers to handle the growing voice and data traffic. As technologies advance, consumer demand for speed also increases, as speed would initially vary due to poor coverage.
The hybrid power system in telecommunications is driving the market because it is designed to minimize power system life cycle costs and carbon footprint. Power conversion components provide peak efficiencies and maximum energy harvest from renewable resources. For example, in India, according to the Department of Telecommunications (DOT), the country’s government guidelines suggested powering 75% of telecommunications towers in rural areas and 33% of towers in urban areas with hybrid power, d ‘by 2020.
High deployment and operating costs are a major factor that is expected to hamper the growth of the global market to some extent.
Key market trends
The telecommunications power systems market is fragmented, as with the advent of 4G LTE systems, more players will be added, which will increase competition in the market. The main players are Eaton Corporation, Huawei Technologies Co., Cummins Inc. Some developments in the market are:
Sept. 2019 – Clear Blue Technologies International Inc., one of the smart off-grid companies, announced its smart off-grid technology, which will be used to power new telecommunications systems supporting 9mobile’s voice and data services, a Fast growing communication system supplier 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 topics covered
1.1 Study deliverables
1.2 Study hypotheses
1.3 Scope of the study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market overview
4.2 Introduction to Market Drivers and Constraints
4.3 Market drivers
4.3.1 Growing need for tower installations
4.3.2 Adoption of hybrid power system in telecommunications
4.4 Market restrictions
4.4.1 High deployment and operational costs
4.5 Value chain / supply chain analysis
4.6 Industry Attractiveness – Porter’s Five Forces Analysis
5 TECHNOLOGY OVERVIEW
5.1 Power supply
5.4 Control and supervisory assemblies
5.6 Battery management tools
6 MARKET SEGMENTATION
6.1 By power range
6.2 By end user application
6.3.1 North America
6.3.4 Latin America
6.3.5 Middle East and Africa
7 COMPETITIVE LANDSCAPE
7.1 Company profiles
7.1.1 Eaton Company
7.1.2 Huawei Technologies Co.
7.1.3 Cummins Inc.
7.1.4 ZTE Company
7.1.5 Before Group
7.1.6 Eltek AS
7.1.7 Delta Group
7.1.8 Alpha Technologies
7.1.9 ABB Group
7.1.10 Schneider Electric
8 INVESTMENT ANALYSIS
9 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information on this report, visit https://www.researchandmarkets.com/r/jhiyc1
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