The global Telecom Power Systems Market Growth accelerated by increasing number of connected devices

Telecom Power Systems are devices used to provide continuous power to telecommunication infrastructure and networks. They provide reliable power during commercial power outages and natural disasters ensuring uninterrupted voice and data connectivity. With the growing usage of smartphones, internet service and emergence of IoT, the number of connected devices has increased manifold. This has accelerated the demand for mobile networks and datacenters driving the need for efficient and robust telecom power systems.

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 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increasing number of connected devices is one of the major trends driving the growth of the telecom power systems market. As per reports, there were more than 10 billion connected devices in 2020. This number is projected to reach almost 25 billion by 2030. Higher mobile internet penetration, rollout of 5G networks and growth in IoT devices are enabling more connections. With every new device connected, mobile networks and datacenters need expansion to handle the traffic. This is increasing the power requirements of telecommunication infrastructure. Telecom power systems play a vital role in ensuring uninterrupted connectivity. Their ability to provide backup power during outages is further boosting their importance. Leading manufacturers are developing more efficient and eco-friendly systems to capture this rising demand.

Segment Analysis

The global telecom power systems market size is dominated by outdoor segment. The outdoor segment held around 65% share of the overall market in 2023 owing to high power infrastructure requirement for macro cell sites. Outdoor telecom power systems are needed to power macro cell sites located in outdoor environments. These systems provide reliable power supply in varying environmental conditions and temperatures ranging from -40°C to 55°C. They ensure uninterrupted operations of telecommunication networks.

Key Takeaways

The global telecom power systems market is expected to witness high growth over the forecast period of 2023 to 2030. 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 5.9% over the forecast period 2023 to 2030.

The growing mobile subscriber base around the world and rising mobile data traffic have increased the need for telecom infrastructure which is driving investments in telecom power systems. The Asia Pacific region is expected to be the fastest growing as well as dominating regional market for telecom power systems during the forecast period. Countries like China and India are witnessing heavy investments in telecom infrastructure development to support the increasing demand for connectivity.

Key players operating in the telecom power systems market are Archer Daniels Midland Company, Eaton, Emerson Network Power, Ericsson, Huawei Technologies, Schneider Electric, and Vertiv Group Corporation. Eaton is one of the leading players with wide range of telecom power products catering to various power requirements of telecom networks. The company provides outdoor, indoor and standalone telecom power solutions.

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