Telecom Power Systems Market - Reporting and evaluation of recent industry developments

Market-Research

Telecom power systems assist telecommunication services in cases of grid power fluctuations and interruptions. The intersection of the telecom industry with information technology (IT) has resulted in the evolution of the telecom power systems market. The rising penetration of telecom towers in rural and off-grid areas and the recent disposition of small cell power systems used for LTE are predicted to fuel the demand for telecom power systems over the forecast period. The exponential growth of mobile data traffic and telecom operators has led to the development of network coverage in rural as well as metropolitan areas. 

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The exponential growth of mobile data traffic and telecom operators has led to the development of network coverage in rural as well as metropolitan areas. The substantial use of mobile devices in urban areas has enhanced the incorporation of femtocells and picocells which need DC power systems. The rising adoption of hybrid power systems is estimated to contribute to the growth of telecom power systems over the forecast period. 

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The lack of grid connectivity in rural areas is projected to stimulate vendors across the globe to implement hybrid systems as they involve energy-efficient and cost-effective solutions in light of the environmental concerns caused by the over-utilization of non-renewable sources to power telecom industries. 

Developing economies is growing at an accelerating growth in the telecom sector as it demands for high infrastructural changes for reliability and cost effectiveness. Key players in the telecom power systems include GE Industrial Solutions, Huawei Technologies Co., Schneider Electric, Delta Electronics, Cummins Power Generation, Ascot Industrial srl, Myers Power Products, Eaton Corporation, Universal Power Drives, and Vertiv Co., among others.