Market Highlights
Telecom Power System market is expected to grow at CAGR of ~ 10% during the forecast period and expected to reach market size of US ~$5 Billion by the end of forecast period. The mounting execution proportion of smart technologies globally in several businesses has controlled the demand for the IoT technologies. Most of the industries today are spending a lot on smart technologies to lessen the operational costs, and gain the maximum Return on investment. The increase in the amount of connected devices will lead to high demand for the Telecom Power System. Significant developments in telecommunication and growing penetration of internet and broadband services have extra driven the evolution of Telecom Power System industry, another factor which is pouring the market for the telecom power system is the penetration of telecom towers in rural and off grid areas and The deployment for the small cell power system for LTE is the main driver for the telecom power market APAC is expected to benefit from influences such as fast digitization through all business, due to the spreading telecom towers in areas to enlarge the mobile network to the rising mobile subscriber base and also to advance connectivity
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Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Telecom Power System Market Research Report -Forecast to 2022”.
Key Players
The prominent players in the market of Telecom Power System Market are –Eaton (Ireland),Huawei Technologies Co. (China), Schneider Electric (France), Delta Electronics (Taiwan), GE Industrial Solutions (U.S.), Emerson Network Power(U.S.),Microtek International Inc.(U.S.),Mitsubishi Electric Corporation.(Japan),AEG Power Solution B.V.(Netherlands) and among the others.
Segmentation:
The global telecom power system market has been segmented on the basis of components, type, power source, grid location, and region.
On the basis of components, the global telecom power system market is segmented into converters, inverters, rectifiers, and head management systems.
The global telecom power system market is segmented on the basis of type into high pressure, atmospheric pressure, and low pressure.
On the basis of grid type, the global telecom power system market is segmented into on grid and off grid.
On the basis of power source, the global telecom power systems market is segmented into solar, wind, and battery.
Regional Analysis:
Asia Pacific is likely to hold the largest share in the global telecom power system market over the forecast period due to the growing government support to the expansion of telecom services into rural regions. The growing consumer demographic for wireless connectivity and other telecom services is likely to drive the telecom industry in Asia Pacific over the forecast period, thus driving the telecom power system market in the region. The growing demand for 5G and LTE deployment in Asia Pacific countries is also expected to be a major factor in the global telecom power system market’s growth over the forecast period.
North America is expected to follow Asia Pacific in the global telecom power system market over the forecast period due to the presence of leading telecom market players in the region and the growing demand for new telecom towers and small cell deployment in the region.
Industry Updates:
In February 2019, Airspan announced that its new small cell and remote radio units will use Qualcomm chipsets.
Also in February 2019, Octasic announced a new high-performance system-on-chip digital signal processor optimized for use in small cells.
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Intended Audience
- Telecom Tower Companies
- Mobile Network Operators
- Telecom Infrastructure Provider
- Research Consulting Companies
- Power System Providers
- Power System Distributors
- Original Equipment Manufacturers
- Component Manufacturer of Power System
- Government
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