San Francisco, California, January 23, 2018– The global market for telecom power systems is anticipated to exhibit a highly positive growth over the coming years, according to TMR Research. The study surmises that the market is set to due to the surging demand for strong coverage in off grid and rural areas along with the metropolitan regions. The report published by the market research company, titled, “Telecom Power System Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” elucidates on the developing patterns and opportunities in the worldwide power electronics market.
Essentially, telecom power systems protect the telecommunication services in case of variation in the network and power disruptions. The telecom power system power systems are designed for secure line application and broadband access as well as for data centers and Internet support. The significant parts of this system are power system controller, rectifiers and its batteries. In DC power systems, the rectifier converts AC to DC and provides required power to charge the batteries. The report outlines the need for telecom power system and high class power supplies.
The demand for a large capacity of broadband rapidly rising proportionally with the surging number of Internet users, cellular phone users and mobile apps. The increased deployment for the small cell power system for LTE is a significant driver of the worldwide telecom power system market. Additionally, the penetration of telecom towers in rural and off grid areas is expected to bolster the market demand further. As small cells play a significant role in the present wireless networks, designing an effective power system to utilize these technologies will also play a vital role in influencing the growth prospects of the telecom power systems market over the next few years.
Due to the lack of grid connectivity in rural areas, a number of leading vendors will have an opportunity to implement hybrid systems that offer energy and cost efficient parameters as compared to the traditional power supply systems. On account of the gradual decrease in sources of renewable energy, the cost of installation and the necessary equipment for hybrid systems is reducing, which, in turn, will act as a significant propellant for many power system suppliers.
Asia Pacific accounts for a major share in the global telecom power systems market. This can be attributed to the increasing penetration of global telecom companies in a number of developing nations in the region. Expanding mobile networks, especially 3G and LTE networks, have also contributed toward the growth of the APAC telecom power systems market. Considering that emerging countries have been presenting incredible growth within the telecom sector, it is no wonder that a number of telecom companies have been setting up shop in a number of APAC nations. Firms have also been focusing offering telecom power systems with improved features, services, products, functionalities, and quality. The global market is primarily dominated by established players and this proved to be rather challenging for new entrants.
The growing shift toward renewable energy sources is a trend that is sure to have a big impact on the telecom power systems market. On the flip side, though, environmental concerns arising from the high usage of diesel for powering telecom infrastructure is likely to present a major challenge to those in the market.
Some of the leading vendors of the global telecom power systems market are Ascot Industrial S.R.L., GE Industrial Solutions, Schneider Electric, Eaton, Delta Electronics, Huawei Technologies Co. and Myers Power Products, Inc.
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