Telecom Power System Market Set to Witness Significant Growth in the Coming Years

Power systems play a vital role in the efficient running of telecommunication networks by securing the services in case of power interruptions and fluctuations. They are made up of a combination of converters, distributors, controllers, and backup systems. They help in saving essential operating and maintenance costs for telecom operators. With the growing mobile subscriber base and increasing demand for 3G and LTE networks, the telecom industry is set to expand and actively invest in more infrastructures.

The global telecom power system market is expected to be valued at USD 4.53 Billion by 2022, growing at a CAGR of 10.26% between 2017 and 2022.

Among grid types, the off-grid power systems is expected to witness the highest growth over the forecast period, owing to the expansion of networks to remote areas by mobile network operators and tower companies in order to get universal coverage. Moreover, there is a good scope for telecom power systems in bad-grid areas, mainly due to lack of access to grid-based electricity.

Based on power source, the market for diesel-solar power source is estimated to grow at the highest CAGR, since they help in reducing the operational and maintenance costs as well as logistics by lowering the diesel runtime and fuel consumption.

How is the market progressing, globally?

Among regions, the market in Asia-Pacific is expected to be the largest market in 2017, owing to the increasing penetration of telecom towers, especially in rural areas in order to enhance the connectivity as well as to expand the mobile network to the growing mobile subscriber base. The APAC region has been witnessing expansion of 3G and LTE networks since the past few years. There is a great opportunity for mobile network operators (MNO)/tower companies and energy service companies (ESCOs) to work toward deploying green power alternatives in order to power telecom sites, reduce expenditure, tackle infrastructural challenges, and reach the rollout targets, thereby witnessing good growth ahead.

What is driving and restraining the market growth?

The global market for telecom power systems is experiencing growth mainly due to the following factors:

  • Increased penetration of telecom towers in rural and off-grid areas, especially APAC and Africa
  • Growing awareness regarding the reduction of carbon footprint of the telecom industry

Moreover, growth in the number of mobile subscribers, especially in Asia-Pacific and Africa is expected to further drive the growth of this market.

On the other hand, concern regarding the effect of high utilization of diesel for powering telecom infrastructure is the major factor that is likely to hamper the growth of this market.

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Key players and growth strategies adopted

The key players operating in the worldwide market for telecom power systems comprise Delta Electronics (Taiwan), Eaton (Ireland), GE Industrial Solutions (U.S.), Huawei Technologies Co. (China), and Schneider Electric (France). These companies have majorly adopted the organic strategy of new product launches in order to increase their market shares as well as revenue. Other strategies include contracts & agreements, awards and acquisitions, and partnerships and collaborations so as to expand their global presence and portfolio.

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