June 2, 2020

Telecom Power Systems Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2019 to 2027

According to a new market research report published by Credence Research, “Telecom Power Systems Market – Growth, Future Prospects, and Competitive Landscape, 2019 -2027”, the global market for telecom power systems is expected to reach US$ 5,443.1 million by 2027, increasing by 6.9% to CAGR during the 2019-2027 forecast.

Market Insights

Rising investment in the 5G network critically drives the telecom power systems market. Recently, GSMA Intelligence has spotted total investment in 5G networks will hit US$ one trillion between 2018 and 2025, which accounts for 17% of total mobile operator revenue. Additionally, penetration of IoT in the telecom sector along with cross-industry partnership is expected to boost the market growth over the next several years. In March 2019, China Telecom Global signed a partnership agreement with Tata Communications that will allow companies to cost-effectively and easily deploy IoT devices all across China and internationally. Similarly, in October 2018, fourteen mobile operators joined the GSMA IoT partnership program in the Asia Pacific region. The program is expected to grow over 2,000 partners including mobile operators, manufacturers, system integrators, and vertical solution providers by the year 2020.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/telecom-power-systems-market

The global telecom power systems market is categorized on the basis of component, grid, power source, and geography. The rising adverse effect of Greenhouse Gases (GHG) and CO2 has created awareness among the people for using renewable energy sources instead of non-renewable sources. A recent study conducted by the Environmental Protection Agency (EPA) of the United States concluded that electricity generation accounted for around 27% of total GHG emissions. In the wake of same, consumer trend has shifted towards distributed and renewable generation. By this shifting trend, the off-grid concept is expected to gain significant acceleration among other grid types during the forecast years. 

In terms of geographic regions, Asia Pacific accounted for the largest revenue share in the year 2018. The prime reason behind the significant growth of the region is due to the enormous presence of telecom companies in the region. In addition to this, on-going development and increasing connectivity in the rural areas of Asian countries offer lucrative growth of telecom power systems market in the coming years. The tremendous growth in mobile subscribers during the past few years due to the large percent of the population concentrated in the region is the main cause of the rise of connectivity. 

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59917

Market Segmentation

By Component Segment

 • Rectifiers

 • Controllers

 • Converters

 • Heat Management Systems

 • Inverters

 • Circuit Breakers

 • Generators

 • Protection Devices

 • Distribution Unit

 • Others

 By Grid Segment

 • Off-Grid

 • On-Grid

 • Bad Grid

By Power Source Segment

 • Diesel-Solar

 • Diesel-Wind

 • Diesel-Battery

 • Multiple Sources

By Geography Segment Type

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59917

Blog Medium: Telecom Power Systems Market

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