Delta Electronics, Inc., Eaton Corporation plc, Huawei Technologies Co., Ltd., ABB Group, and Cummins Inc, among others, are significant players in the global telecom power systems market.
The global telecom power systems market is expected to grow at a CAGR of 9.6% over the forecast period of 2022-2027. According to the analysis by the Expert Market Research, the market is being driven by the growing demand for faster network services.
Telecom power systems are systems that provide a consistent energy supply to telecom towers in the event of grid power fluctuations or outages, therefore they are an important component of communication networks. They assist with the upkeep of various services, such as fixed lines and high-speed internet data. Batteries, power system controllers, and rectifiers or inverters are some of the main components of these systems.
The rising requirement for high-speed network services and the growing use of smartphones and the internet across the globe is driving the telecom power systems market. As the continuously rising smartphone and internet users are surging the demand for improved network services such as 4G and VoLTE, the market for telecom power systems is witnessing robust growth. Furthermore, the market development in the forecast period can be ascribed to rapid technological advancements, the growing population, and increasing disposable incomes in developing countries.
Major market players are increasingly expanding their R&D investments to provide effective services to consumers, which is likely to drive the growth of the telecom power systems market. Such companies are also developing power systems with more flexibility, better energy management, higher monitoring standards, and enhanced power density. With the growing focus on renewable energy, the development of telecom power systems that can utilise energy sources like wind or solar as alternatives to grids is anticipated to support the market in the forecast period.
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Delta Electronics, Inc. is a Taiwanese electronics manufacturer and one of the leading thermal and power management solutions providers across the globe. It specialises in power management systems and electronic component manufacture, such as cooling fans, electromagnetic interference filters (EMI), and solenoids. Its business category includes infrastructure, power electronics, and automation. In 2021, the company generated revenue of USD 11.275 billion. It invests nearly 8% of its annual sales revenue in R&D activities.
Eaton Corporation plc is an intelligent power management company that provides innovative, reliable, safe, efficient, and sustainable power management technologies. It offers solutions for the e-mobility, automotive, aerospace, and electrical segments. With a wide presence in above 175 countries and an employee base of over 85,000 across the globe, the company generated sales of USD 19.6 billion in 2021. The company is amongst the top four players in the medium and low voltage electrical industry.
Huawei Technologies Co., Ltd. Is a global technology corporation, with its headquarters in Shenzhen. It designs, develops, and distributes various telecommunications equipment and consumer electronics. It employs 195,000 people and operates in 170 regions and countries and has served over 3 billion consumers across the globe. The company’s R&D expenditure in 2021 reached CNY 142.7 billion, 22.4% of its total revenue.
ABB Ltd is a global company offering various solutions in the automation, motion, robotics, and electrification segments. Its products are used by various leading end-use sectors, including industrial automation, oil and gas, marine and ports, building and construction, power generation, and marine and ports, among others. With a presence in over 100 countries, the company boasts of an employee base of 105,000. In August 2022, the company signed an agreement to acquire the low voltage NEMA motor business by Siemens.
|Headquarters:||Indiana, United States|
Cummins is one of the leading gas natural gas and diesel manufacturers, the products of which are deployed in the automotive, power generation, and industrial sectors. Some of the top product range of the company includes electric and hybrid integrated components and power solutions, internal combustion, and components, including aftertreatment, fuel systems, air handling systems, batteries, and fuel cell products, among others. With 58,000 employees, the company generated sales of USD 24 billion in 2021.
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