The Asia Pacific Telecom Power System Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030).
Over the forecast period, growth in the market is anticipated to be fueled by factors such as the expanding deployment of cell power systems utilized for LTE networks and the growing penetration of telecom towers in remote locations. Telecom power systems are intended to maintain telecommunication services by regulating and monitoring power flow in the event of power outages or fluctuations in the network's power grid. The market has evolved in recent years due to the widespread adoption of disruptive digital technologies and their incorporation into the telecom infrastructure.
The development of mobile networks, particularly in remote and rural areas, has been driven by the huge increase in cellular data traffic. In addition, the proliferation of connected devices has accelerated the deployment of picocells and femtocells, which require power systems. The ongoing cellular network expansion for enhancing connectivity infrastructure is creating opportunities for the market. Telecom operators are integrating Wi-Fi-6, 5G networks, and other sophisticated wireless technologies into their products to cater to the growing demand for faster connections. Telecom operators are also providing products equipped with higher data capacity, reduced latency, precise location sensing, and higher device densities.
According to International Trade Administration, the four Japanese mobile carriers will spend more than $14 billion over five years to build their 5G networks. This covers base station, server, and fiber optic investments. For the Japanese government, the development of 5G is a top priority according to the leading organization for 5G, the Ministry of Internal Affairs and Communications (MIC). In Japan, 4G subscriptions will decline gradually, and by 2026, 5G will overtake 4G as the dominant technology. According to ITA, Japan will have about 45 million 4G subscriptions and more than 151 million 5G subscriptions by 2029. As a result of this demand for internet access and 5G network across the regional nations, the market is estimated to grow.
The China market dominated the Asia Pacific Telecom Power System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $920.5 million by 2030. The Japan market is registering a CAGR of 9.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 10.4% during (2023 - 2030).
Based on Component, the market is segmented into Generators, Controllers, Rectifiers, Converters, Inverters, Heat Management System and Others. Based on Grid Type, the market is segmented into Bad Grid, On Grid and Off Grid. Based on Power Rating, the market is segmented into Below 10 KW, 10 - 20 KW and Above 20 KW. Based on Power Source, the market is segmented into Diesel-Battery, Diesel-Wind, Diesel-Solar, and Multiple Power Sources. Based on Technology, the market is segmented into DC Systems and AC Systems. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Telecom Power System Market is Projected to reach USD 8.1 Billion by 2030, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation Plc, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cummins, Inc., ZTE Corporation, General Electric Company, Delta Electronics, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., ABB Group, Corning Incorporated, and Schneider Electric SE.
By Component
By Grid Type
By Power Rating
By Power Source
By Technology
By Country
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