LeapZipBlog: Monica nerkar's blog: New Tools and Technology Development will drive Telecom Power System Industry in coming years

New Tools and Technology Development will drive Telecom Power System Industry in coming years

January 24, 2020 by Monica nerkar  

The global telecom power system industry is expected to exhibit a strong 10% CAGR over the forecast period from 2016 to 2022 to rise to a valuation of more than USD 5 billion, according to the latest research report released by Market Research Future (MRFR). The global telecom power system industry is mainly driven by the growing demand for extended wireless connectivity in rural regions and the growing demand for small cell power systems for LTE deployment.

The growing demand in developed as well as developing to extend wireless connectivity to rural areas is likely to be a major driver for the global telecom power system industry over the forecast period. The need to extend wireless connectivity has resulted in a growing demand for telecom towers, further resulting in a rise in the demand for telecom power systems to power the same. The growing government support for operations to extend wireless connectivity in developing parts of the world such as China and India is likely to be a major driver for the global telecom power system industry over the forecast period.

The growing demand for small cell systems for LTE deployment is likely to be the major driver for the global telecom power system industry over the forecast period. Public deployment of LTE systems has been held back by the growing consumption of wireless networks by consumers in urban areas, which has driven the demand for base stations beyond what is possible. This has been countered by the telecom industry with the development of small cells, which are low-powered radio access nodes that can have a range of a up to several hundred meters, depending on the application, but are usually used for applications in close proximity, i.e. a few meters. Indoor applications of small cell powered LTE are likely to increase over the forecast period as commercial institutions realize the benefits of small cell systems for their operations. This is likely to be a key driver for the global telecom power system industry over the forecast period.

Competitive Analysis:

Leading players in the global telecom power system industry include AEG Power Solution B.V., Mitsubishi Electric Corporation, Microtek International Inc., Emerson Network Power, GE Industrial Solutions, Delta Electronics, Schneider Electric, Huawei Technologies Co., and Eaton.

Industry Updates:

In February 2019, Airspan announced that its new small cell and remote radio units will use Qualcomm chipsets.

Also in February 2019, Octasic announced a new high-performance system-on-chip digital signal processor optimized for use in small cells.

Segmentation:

The global telecom power system industry has been segmented on the basis of components, type, power source, grid location, and region.

On the basis of components, the global telecom power system industry is segmented into converters, inverters, rectifiers, and head management systems.

The global telecom power system industry is segmented on the basis of type into high pressure, atmospheric pressure, and low pressure.

On the basis of grid type, the global telecom power system industry is segmented into on grid and off grid.

On the basis of power source, the global telecom power systems market is segmented into solar, wind, and battery.

Regional Analysis:

Asia Pacific is likely to hold the largest share in the global telecom power system industry over the forecast period due to the growing government support to the expansion of telecom services into rural regions. The growing consumer demographic for wireless connectivity and other telecom services is likely to drive the telecom industry in Asia Pacific over the forecast period, thus driving the telecom power system industry in the region. The growing demand for 5G and LTE deployment in Asia Pacific countries is also expected to be a major factor in the global telecom power system industry’s growth over the forecast period.

North America is expected to follow Asia Pacific in the global telecom power system industry over the forecast period due to the presence of leading telecom market players in the region and the growing demand for new telecom towers and small cell deployment in the region.

Browse Complete Report "Global telecom power system industry Research Report- Forecast to 2022" @ https://www.marketresearchfuture.com/reports/telecom-power-system-market-2378