The major factors that are contributing significantly to the growth of the market include the increasing mobile subscription that has increased the telecom tower installations and high demand for faster network and services. The demand for advanced network and services which incorporates 5G and VoLTE in rising with increase in the number of smartphone and internet users, which is leading to the growth of the telecom power systems industry globally. As per the PEW Research data, it is estimated more than 5 billion people had mobile devices, and over half of these connections are smartphones in 2020. The population of users grew by 93 million in 2020 with an annual growth rate of 1.8%. The increased number of smartphone users has surged the number of telecom tower installation using globally. Moreover, solar energy is being used for providing electric power to telecommunication systems in undeveloped areas.
Get Free Sample link @ https://www.omrglobal.com/request-sample/telecom-power-systems-market
Based on product type, DC power supply accounted for a major share in the telecom power supply market in 2021. The DC provides the power to charge batteries, used in automotive applications, aircraft, and other low voltage machines. DC power systems have a wide range of applications in telecommunication systems, data centers, electric vehicles, aircraft, commercial buildings, and residential homes. Manufacturers of electronic components required DC converters to use in their electronic devices to reduce the space occupied by device circuits and to improve the performance of electronic devices. The manufacturers are focusing are increasingly investing in R&D activities to deliver efficient services to customers and collaborating with other players developing power systems with enhanced flexibility and smarter energy control. For instance, in September 2021, Infineon Technologies AG and Panasonic Corp, have signed an agreement for the development and production of second-generation (Gen2) technology for telecom power system. The advanced performance and capability of the Gen2 technology results in power savings, and total cost reduction.
full report of Telecom Power Systems Market available @ https://www.omrglobal.com/industry-reports/telecom-power-systems-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Telecom Power Systems Market Report by Segment
By Product Type
- AC
- DC
By Power Source
- Diesel Battery
- Diesel Solar
- Diesel Wind
- Other Sources
By Component
? Rectifier
? Inverter
? Converter
? Controller
? Generator
Global Telecom Power Systems Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global telecom power systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/telecom-power-systems-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
