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Extensive market research carried out by the analysts at Technavio has forecasted that the global market for telecom power systems will grow at a CAGR of over 7% by 2020. The recent increase in the deployment of small cell power systems for LTE is a critical factor spurring this market’s growth prospects over the next few years. With the explosive growth of mobile data traffic, telecom operators have been compelled to extend the network coverage area by rolling out numerous wireless telecom networks in both rural and high-density metropolitan areas.
The density of mobile devices is very high in the urban areas, as a result of which, operators are establishing more number of picocells and femtocells that require DC power systems. As small cells play a significant role in the present wireless networks, designing an effective power system to deploy such technologies will also play a vital role in spurring this market’s growth prospects over the next few years.
According to this market study, the recent increase in the adoption of hybrid power systems will also aid in the growth of this market during the estimated period. Due to the lack of grid connectivity in rural areas, many vendors will have the opportunity to implement hybrid systems that have cost effective and energy efficient parameters when compared with the traditional power supply systems. Owing to the gradual decrease in renewable energy sources, the cost of installation and the necessary equipment for hybrid systems is lowering down, which, in turn, will act as a major driver for many power system suppliers.
The developing countries exhibit tremendous growth in the telecommunications sector, where the infrastructure requires a high supply of power systems in a reliable and cost-effective manner. Due to the launch of innovative products, quality, features, functionalities, and services by established vendors, the new entrants are facing intense challenges while entering the market.
Top vendors analyzed in this market research are -
Other prominent vendors in this market are ACME, AEG POWER SOLUTIONS, ALSTOM, ALTA energy, APC, Bel Fuse, Benning, C&D Technologies, Cummins Power, Dyna Hitech Power Systems, Bel Fuse, Benning, C&D Technologies, Cummins Power, Dyna Hitech Power Systems, Pioneer Magnetics, SAFT, Schneider, Shindengen, VMC Systems, and ZTE.
Technavio’s market research analyst anticipates the products segment to be the highest revenue generating market segment during the forecast period. This market segment will generate revenues of almost USD 5 billion by 2020 and will be positively influenced by the in-process roll out of many small cells across the globe.
In 2015, the DC product segment dominated this market and is anticipated to be the highest revenue-generating market segment by the end of 2020. The availability of regional alternatives for rectifiers, batteries, solar panels, and cabinets makes the market more vulnerable to price wars and grab deals from telecom operators. In this sub-segment, vendors prefer selling products at a low cost to compensate for the low-profit margins from service offerings. During the forecast period, revenue growth will be rapid due to high power requirements in regions like Africa and APAC.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by business offerings
PART 07: Market segmentation by product type
PART 08: Market segmentation by network type
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Technavio
Tags: telecom market size, telecom industry trends, telecom market share, telecom industry overview, ,
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