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Growth Of The Telecom Power Solutions Market To Be Propelled By Growing Network Coverage In Rural Areas By Robust CAGR During 2019-2027

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Research Nester has released a report titled Telecom Power Solutions Market – Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the telecom power solutions market in terms of market segmentation by deployment, by product, by services, by type and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The telecom power solutions market is segmented by product type into power systems and power supplies. The power systems segment is further segmented into indoor and outdoor power systems, out of which, outdoor power systems sub-segment is anticipated to have largest market share on the back of increasing fluctuations and interruptions in grid power connectivity, along with the deployment of greater number of temporary BTS and lack of grid power connectivity in rural areas to run the cell sites.

The telecom power solutions market is anticipated to record a significant CAGR during the forecast period, i.e. 2019-2027. Rising investments in the deployment of telecom network sites along with the need for reliable power connectivity on the back of increasing losses borne by telecom operators for power outages, is estimated to drive the growth of the global telecom power solutions throughout the forecast period. In the statistics provided by the World Bank, South Asia observed the most power outages in firms in a typical month with a value of 25.46 numbers for the year 2018.

Regionally, the telecom power solutions market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Factors such as need for reliable power sources pertaining to high power outages, added with growth in the deployment of cell sites and base transceiver stations in the region, are expected to support the growth of the telecom power solutions market in Asia-Pacific.

Growing Network Coverage in Rural Areas

The rural population of the world reached 3396 million in 2018 as compared to 2295 million in 1969. It grew at an average annual rate of 0.80%, as stated by The World Bank. Additionally, India observed increase in telephone subscribers for its rural market by 525.87 million in 2018 from that of 377.78 million in 2014. The internet subscribers also peaked 145.83 million in 2018 as compared to 107.56 million in 2015, as per the statistics provided by Department of Telecommunication, Government of India.

The statistics portray a clear insight of the growing network coverage in rural areas, observed by the growth of telecom subscribers. Telecom operators are increasingly expanding their user base to rural areas so as to multiply their revenues. Factors such as unavailability of reliable power sources in rural areas is raising the need for power sources that can help the telecom operators to seamlessly run their devices. Such a factor is anticipated to drive the growth of the global telecom power solutions market in the upcoming years.

However, concerns for increased operational expenses, owing to fluctuations in prices of gas and diesel, is expected to operate as a key restraint to the growth of the telecom power solutions market during the forecast period.

This report also provides the existing competitive scenario of some of the key players of the telecom power solutions market, which includes company profiling of Delta Electronics, Inc. (TPE: 2308), Eaton® Corporation plc. (NYSE: ETN), Huawei Power Solutions, Schneider Electric (EPA: SU), Vertiv Group Corp., ABB (NYSE: ABB), Cummins Inc. (NYSE: CMI), Ascot International S.r.l., Myers Power Products and UEPS. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the telecom power solutions market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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