The global telecom power system market is anticipated to grow at a considerable CAGR of around 8.6% during the forecast period (2021-2027). Over the recent years, the power cut in rural and urban areas is the major problem faced by the residence. The governments and private entities are taking initiatives to install telecom power systems plants in rural and urban areas so that enough amount of electricity has been supplied to them. Moreover, the telecom services have to provide a constant power supply to users such as hospitals, police personnel, industrial, education institutions, commercial and personal use. As the telecom sector continues to expand their services globally, the need for generator is expected to grow more over the forecast period. The use of generators has rapidly increased over the period, as the industries, manufacturing, and production units are continuously facing the problem of a power cut, which in turn slows down their routine activity. Generators are a backup power source that is used against power failures, as it is an economical, safe and secure source of energy. The type of generator uses in the telecom sector to provide continuous power supply includes diesel generator, gas generator, and renewable energy generator. The supportive initiatives taken by the government and power supply companies are aiding in market growth.
Browse the full report description of "Global Telecom Power Systems Market Size, Share & Trends Analysis Report by Product Type (AC, and DC), By Power Source (Diesel-Battery, Diesel-Solar, Diesel-Wind, and Others Sources), By Component (Rectifier, Inverter, Converter, Controller, Generator, and Others) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/telecom-power-systems-market
For instance, in December 2021, an initiative was launched by the subsidiary of Tata power group, named TP renewable microgrid (TPRMG). The 30kW microgrid project supply electricity to the villages of Bihar and Uttar Pradesh. The plant traced the energy from the sun using solar panels, for continuous power supply to rural areas of Bihar and Uttar Pradesh a diesel generator set has been installed in the microgrid, which supplies 24*7 powers to rural communities.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product Type
o By Power Source
o By Component
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- ABB Ltd Delta Electronics, Eaton, GE Industrial Solutions, Huawei Technologies Co., HIS Holding LTD., Aggreko ltd., Alpha Technologies, ZTE Corp, and others and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How does COVID-19 impact the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Telecom Power Systems Market Report by Segment
By Product Type
• AC
• DC
By Power Source
• Diesel Battery
• Diesel Solar
• Diesel Wind
• Other Sources
By Component
? Rectifier
? Inverter
? Converter
? Controller
? Generator
Global Telecom Power Systems Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa