by Telecom power systems are designed and used to power telecommunication networks and infrastructure such as towers, macro sites, data centers, other telecom buildings, radio networks, and fiber infrastructure. These systems primarily include AC/DC rectifiers, DC/DC converters, controllers & management systems, inverters, converters, distribution boards, and protection devices used across various telecom applications. Some key end-uses of telecom power systems include macro cell sites, small cell/DAS sites, edge data centers, fiber infrastructure, and other telecom buildings.
The global telecom power systems market is estimated to be valued at US$ 4187.04 Mn in 2023 and is expected to exhibit a CAGR of 27% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The continuous growth in mobile subscribers all around the world has been a primary driver augmenting the growth of the telecom power systems market. According to the GSMA, the total number of mobile subscribers worldwide was around 5.3 billion by 2023 and is estimated to grow at a rate of approximately 3% annually. This growth has been increasing the demand for telecom infrastructure expansion like networks, macro cell sites, towers, data centers, and buildings which is directly boosting the requirement for reliable power source through telecom power systems. Additionally, the increasing demand for 5G infrastructure rollouts is another key factor propelling the market growth. However, high initial investments associated with telecom power systems may hinder the market growth over the forecast period.
Segment Analysis
The telecom power systems market can be segmented by component, system type, grid type, application and region. Based on component, the market is segmented into rectifiers, DC/DC converters, controllers, heat management systems and others. The rectifiers segment accounts for the largest market share as they are used the rectify the AC current to required DC current.
PEST Analysis
Political: The expansion of telecommunication networks in developing regions by governments is boosting market growth. Economic regulations favoring private telecom infrastructure development also support the market.
Economic: Increasing demand for broadband connectivity and the proliferation of the internet of things is driving the need for telecom infrastructure and power systems. The expanding midles class globally increase data usage.
Social: The rising usage of smart devices and growing reliance on digital technologies creates significant demand for reliable telecom networks and power supply. Social media platforms also increase data center requirements.
Technological: Advancements in power electronics enable efficient power conversion. Distributed renewable energy integration, lithium-ion batteries, and advanced heat dissipation technologies aid market growth.
Key Takeaways
The Global Telecom Power Systems Market Demand is expected to witness high growth. The global telecom power systems market is estimated to be valued at US$ 4187.04 Mn in 2023 and is expected to exhibit a CAGR of 27% over the forecast period 2023 to 2030.
Regional analysisÂ
The Asia Pacific region holds the largest share of the telecom power systems market and is expected to maintain its dominance during the forecast period. Growing investments towards telecom infrastructure development and network upgradation in developing countries such as India and China are boosting the regional market. The region’s large population and increasing rate of digitization are also contributing factors.
Key playersÂ
Key players operating in the telecom power systems market are Drone Defence, DeTect Inc., Zen Technologies Limited, DroneShield Ltd, METIS Aerospace Ltd, QinetiQ Group PLC, Thales Group, Lockheed Martin Corporation SRC Inc., Dedrone, SAAB AB, Raytheon Technologies Corporation, IAI Group, Citadel Defense, and Robin Radar Systems. Key players like DroneShield and Dedrone are innovating counter drone technologies while Thales and Lockheed focus on radar based drone detection systems.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
