May 13, 2020
According to the research report titled ‘Telecom Power Systems Market Size By Type, By Technology , By Application Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, global telecom power systems market is expected to record a lucrative growth rate during 2020-2026.
Escalating investments and technological advancements in telecom power systems are major factors driving the market growth. These systems help in day to day internet connectivity, high-speed data transfer, telephone as well as other communication services. Growing adoption of telecom services has bolstered the demand for telecom battery backup systems which are not only reliable but also wireless, in turn aiding the telecom power systems market expansion.
Battery monitoring and testing carried out using telecom power systems offer various benefits to critical central offices as well as remote sites as the battery are operate under extreme environment conditions shortening their lifespan. Growing inclination towards preventive maintenance of telecom battery systems has helped in eliminating the risk of unexpected power failure, hence improving the customer satisfaction.
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As per type, outdoor telecom power systems segment is poised to showcase a robust CAGR during the forecast period. These systems help in protecting the equipment from external threats during harsh environmental conditions.
In terms of technology, DC powered systems segment is predicted to expand substantially during the study period. In these systems, rectifier converts AC into DC to provide necessary power to charge battery.
Worldwide telecom power systems market share from DAS (distributed antenna systems) is set to record a momentous growth during the estimated timeframe. Rising adoption of DAS as a reliable solution for addressing capacity and coverage shortcomings to macro cell sites is fueling the segmental growth.
Citing the regional scope, Latin America telecom power systems industry is expected to record a y-o-y growth rate of 5% through 2026. Setup of numerous data centers and increasing number of mobile subscribers are favoring the market scenario in Latin America.
Meanwhile, telecom power systems market in Middle East & Africa is poised to register 6% CAGR between 2020 and 2026, primarily due to favorable government initiatives towards development of low latency and high bandwidth 5G infrastructure.
The major companies in telecom power systems market are ZTE Corp., ZhongHeng Power Energy Co. Ltd., VoltServer Inc., Vertiv Group Corp., UNIPOWER LLC, Staticon Ltd., Schneider Electric, Myers Power Products, JMA Wireless (John Mezzalingua Associates LLC), Huawei Technologies Co. Ltd., General Electric Co. (GE), Eltek (Delta Electronics Inc.), Eaton Corp., Beijing Dynamic Power Co. Ltd. (DPC), Cummins Inc., Corning Inc., Ascot Industrial S.r.l. and Alpha Technologies (EnerSys) among others.