The global telecom power systems market size reached a value of US$ 4.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2027, exhibiting at a CAGR of 9.6% during 2022-2027.
Telecom power systems offer assistance in maintaining and controlling the power flow in telecom networks. They are a cost-effective solution and provide a stable electricity supply in case of fluctuations in grid power, thus further forming an essential part of communication networks. Telecom power systems consist of several units that fulfil various technical requirements, such as controllers, distributors, and converters.
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Market Trends and Drivers:
The rapid expansion of telecom towers in remote locations and the increasing number of telecom subscribers are some of the key factors primarily driving the telecom power systems market growth. Additionally, the increasing penetration of smartphones and rising cellular data traffic are factors providing a significant boost to the market growth. Moreover, the widespread usage of hybrid power systems to reduce the amount of greenhouse gas (GHG) emissions, along with the easy accessibility to high-speed internet and the introduction of 5G network, are creating a positive outlook for the market.
Telecom Power Systems Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the telecom power systems market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Huawei Technologies Co.
Myers Power Products, Inc.
Key Market Segmentation:
The report has segmented the telecom power systems market on the basis of product type, component, power source, grid type and region.
Breakup by Product Type:
Breakup by Component:
Heat Management Systems
Breakup by Power Source:
Breakup by Grid Type:
Breakup by Region:
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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