The global telecom power systems market is anticipated to grow at a considerable CAGR of around 8.6% during the forecast period. 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.
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Global telecom power systems market is analyzed based on product type (AC, and DC), Bypower source (diesel battery,diesel solar,diesel wind, and others sources), Bycomponent (rectifier, inverter, converter, controller,generator, and others) Based on component, the rectifier segment holds the major share in telecom power systems market, owing to its vast applications in varios electronic devices such as laptops, and communication systems to improve the functioning and efficiency. Upserge in the number of internet users in developing and emerging countries increased the demand of rectifiers in telecom power systems.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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.
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