“Global Telecom Power Systems Market, By Grid (On-Grid, Off-Grind), By Component (Rectifiers, Converters, Controllers, Heat Management Systems, Generators, Distribution Unit Protection Devices [+Circuit Breakers], Others), By Power Source (Diesel-Battery, Diesel-Solar, Diesel-Wind, Multiple Sources), as well as by Region – Global Forecast 2021 to 2030.”, which offers a comprehensive view of the Global Telecom Power Systems Market through systematic segmentation that encompasses every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this sector is projected to be over $6,245.7 Mn, and is estimated to increase substantially over the latter part of the forecast period.
Telecom power systems secure telecommunication services in case of grid power interruptions or fluctuations, and are designed for wireless broadband access and fixed-line applications, as well as for internet backbone and data centers. The essential parts of these systems are the rectifiers, batteries, and the power system controller.
With specific reference to the last few years, there has been an exponential increase in the number of telecom towers being installed across the world to cater to increasing number of service subscribers as a direct result of booming global population levels, is a major factor that is anticipated to continue to fuel the revenue growth of the Global Telecom Power Systems Market over the next 10 years. Additionally, the subsequent increase in the number of tablet and smartphone users is leading to the expansion of the telecom sector, with several players aiming to introduce improve or advanced networks in the years to come. This is also a factor that is slated to boost opportunities for market growth of this global industry. Furthermore, the steady implementation of hybrid or eco-friendlier power systems that use renewable sources of energy is another major factor that is expected to augment the market footprint of the global telecom power systems industry in the foreseeable future. These are some of the most crucial factors anticipated to play a critical role in catapulting projected revenues for the Global Telecom Power Systems Market to $9,798.3 Mn by 2030, at a CAGR of 12.3%.
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