Global Telecom Tower Power System Market Insights and Forecast to 2028

The Global Telecom Tower Power System market size is projected to reach US$  5,517  million by 2028, from US$  3,489  million in 2021, at a CAGR of 6.76% during 2022-2028. Key drivers of the telecom tower power system industry include the growing advent of 5G technology. The rising use of power-efficient tower systems and growing adoption of telecom services and high data traffic will bolster the growth of the telecom tower power system industry during the forecast period.

Telecom Tower Power System Market Trends

5G technology

The jump from one wireless network to another leads to upgraded service access points. The shift from 4g to 5g is creating space for power plants to accelerate their telecom network infrastructure. This will bolster the growth of the telecom tower power system market in the coming years. The access points are transitioning to edge data centers for ensuring an uninterrupted power supply. Intelligent load management is necessary for power infrastructure operators. The distribution starts right from the circuit breaker to the fuse with variability and effective power consumption. The computing and processing take place in real-time in switch centers with snapshots of equipment added and real-time growth centers. The implications are profound and far-reaching.

Expansion of telecom services

Telecommunication services like voice, internet, networking, and data services are growing at a fast rate. People are adopting these services in their day-to-day activities. The growing number of wireless devices and data connections have resulted in the popularity of telecom towers. The number of mobile devices with multimedia capabilities and advanced computing is increasing rapidly. This creates the need for network monetization and telecom power systems. This will drive the growth of the telecom tower power system industry in the upcoming years. Network operators are forced to provide better bandwidth to consumers. Machine-to-machine connections and IoT devices rely on smooth connectivity and seamless speed. Billions of nodes are supported by next-generation communication networks. This paves the way for advanced telecom infrastructure.

High cost and design challenges

Telecom tower systems come equipped with high voltage equipment which costs a lot. There are additional features such as flicker detection, power distribution and high power output, etc. The installation is complex and costlier which, in turn, will deter the growth prospects of the telecom tower power system industry in the coming years. The semiconductor devices are complex with varying frequency bands. There are factors that need to be taken care of like linearity, isolation, antenna tuning, etc.

Telecom Tower Power System Market Analysis

Based on the power source, the diesel battery segment will dominate the telecom tower power system market share as they are a mature technology and can function even during no wind speed or sunlight.

Based on product type, the on-grid segment will grow the highest as they are simple to install, cost-effective, and help in reducing utility bills.

Based on the power distribution unit, The generators segment will be the most lucrative as they are a great source of portable power and act as a standby generator power system.

Based on components, the segmentations are controllers, rectifiers, batteries, and inverters.

Based on application, the segmentations are Macro BTS and outdoor distributed BTS, enterprise network, and data center.

Based on region, Asia-Pacific is the largest with a growing number of mobile subscribers and rising technological advancements in the telecom industry.