The global telecom power system market size is expected to be valued at USD 4.53 Billion by 2022, growing at a CAGR of 10.26% between 2017 and 2022. The drivers for this market are the expansion of telecom infrastructure in rural areas, especially in APAC and Africa and the increasing awareness to reduce the carbon footprint of the telecom industry.

Among all the grid types, telecom power system market for off-grid power systems is expected to grow at the highest CAGR during the forecast period. This growth is attributed to the expansion of networks into remote locations by mobile network operators and tower companies to achieve universal coverage.

Of all the power sources, the telecom power system market for diesel-solar systems is expected to grow at the highest CAGR between 2017 and 2022. Diesel-solar hybrid systems reduce the cost of operation and maintenance as well as the cost of logistics by minimizing diesel runtime and fuel consumption. Governments worldwide are offering subsidies for solar PVs and their cost has also decreased.

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The telecom power system market for other components was expected to grow at the highest CAGR during the forecast period. Some of these components and subsystems such as solar cells or PV cells and wind turbines would be increasingly used for green telecom power solutions. Governments worldwide are pitching for reducing carbon footprint in the telecom sector. The use of green telecom power solutions is leading to reduced operational expenses for telecom power system providers in telecom power system market.

In terms of the different geographic regions, APAC is expected to hold the largest telecom power system market share in 2017. The reason for this growth is the penetration of telecom towers in rural areas to expand the mobile network to the growing mobile subscriber base and also to improve connectivity. The APAC region has witnessed 3G network expansion and LTE networks have been launched in the APAC countries. The region presents a huge opportunity for mobile network operators (MNO)/tower companies and energy service companies (ESCOs) to work toward deploying green power alternatives for powering telecom sites, reduce operational expenditure, address the infrastructural challenges, and achieve the rollout targets and growth.

Diesel generators are the preferred source of electrical power for off-grid and standby power applications, such as cellular base stations because of their durability and reliability, but they exhaust harmful environmental pollutants such as carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxide, which is an ozone-depleting emission. Thus, environmental concerns pertaining to telecom towers’ power supply systems due to high utilization of diesel for powering telecom infrastructure is a restraint for telecom power system market.

The key players in the telecom power system market are Delta Electronics (Taiwan), Eaton (Ireland), GE Industrial Solutions (U.S.), Huawei Technologies Co. (China), and Schneider Electric (France).. The leading companies have adopted the organic strategy of new product launches to increase their revenue.