Telecom power systems work as the backbone of various communications networks, such as wireless broadband and data centers. These power systems assist in securing the data in case of power fluctuations. Telecom power systems provide a constant power supply to hospitals, educational institutions, commercial buildings, and residentials. In addition, many governments and private organizations are installing telecom power systems in rural and urban areas to provide them with a constant electricity supply.
The telecom power systems market is constantly growing due to the ease and benefits they provide. For instance, these power systems are energy-efficient, constant power suppliers, low carbon emitters, and help in improved communication, among others. Due to these benefits, the telecom power systems market is expected to witness a significant growth of 8.6% CAGR during the forecast period (2021–2027), according to OMR Research Study.
Types of Telecom Power Systems
There are two main types of telecom power systems: AC and DC. The AC power systems are used in small appliances, homes, and office uses such as motors, lamps, TVs, and other house appliances. In addition, energy harvesting systems such as hydropower plants and wind turbines, among others, use AC generators to convert DC energy into AC energy and supply it to cities.
Meanwhile, DC power systems are a combination of resistors and constant energy sources, which are used in telecom services mostly due to their nature. In telecom, a constant current supply is significant. If the power is interrupted, it breaks the signals of voices. For this reason, DC power systems held the largest share in 2021 in the telecom power systems market.
Recent Developments in the Telecom Power System Market
Various companies are contributing to the growth of the telecom power systems market with mergers, investments, and collaborations. Some of the companies that are playing a significant role in the market include Delta Electronics, Eaton, GE Industrial Solutions, Huawei Technologies Co., HIS Holding LTD., Alpha Technologies, ZTE Corp, Cummins, UNIPOWER, Applied ABB Ltd., Schneider Electric, GenCell, Husk Power Systems, and Aggreko Ltd., among others.
• In August 2022, Epic Ltd., a telecom company, announced that it would invest in the sustainable development of hybrid power supply systems to reduce its carbon footprint and provide cost-saving power solutions to consumers.
• In August 2022, the US Department of Energy (DOE) announced a $45 million investment to develop technology to safeguard the power grids from cyber-attacks. In addition, the technology will provide the population with clean and cost-efficient energy and save the environment from carbon emissions as well.
• In May 2022, GenCell entered into a partnership with RedHawk Energy Systems LLC to deliver fuel cell backup power systems to critical infrastructures such as railways and other industrial sectors.
• In July 2022, GenCell and ONEC Group started a partnership for the backup and off-grid power solutions project in North America.
• In July 2022, Ascenty, a data center, and telecom company opened its second data center in Santiago, Chile. With this, the telecom power systems are expected to see huge growth in the region.
• In August 2022, Hotspot Network and Husk Power Systems entered into a partnership to provide solar power systems in the rural Nigerian region of Africa. Both companies are set to complete 100 solar power projects before the end of 2023.
• In 2022, SFC Energy AG, a supplier of hybrid power solutions, and Wolftank Group partnered to supply a hydrogen-based emergency power system to TIM, a telecommunications company.
• In August 2022, American company Switch, a technology company, was recognized by the US Environmental Protection Agency (EPA) in its top 100 list of green power users for the fourth time. Switch designs and builds data center infrastructure and operates entirely on green energy.
• In December 2021, Power Grid Corporation of India invested approximately $4 million to expand the power grid telecom into the data center business. The data center will be established in Manesar, Haryana. This data center is going to increase the demand for telecom power systems in the region.
Conclusion
The growing adaption of 5G networks and the increasing number of data centers across the globe are some of the key factors contributing to the telecom power systems industry's growth. Moreover, many government organizations and private companies are working towards lighting up rural and urban regions and providing people with low-cost energy systems. Additionally, these power systems are used in educational institutes, hospitals, hospitality businesses, data centers, telecommunication companies, energy harvesting systems, and other private and public organizations. This, in turn, prompted market contributors such as Hangzhou Zhonheng Power Energy, Dynamic Power Group, JMA Wireless, GenCell, ONEC Group, and others to come up with new technologies and power systems to serve consumers and big businesses with their energy solutions.