- Views: 6
- Report Article
- Articles
- Business & Careers
- Business Services
Telecom Tower Power System Market to Represent a Significant Expansion at 12.2% CAGR During 2015 – 2
Posted: Apr 04, 2018
Global Telecom Tower Power System Market Overview
The global telecom tower power system market is projected to reach US$ 5,709.5 Million by 2025 at an estimated CAGR of 12.2% during the forecast period. Telecom towers are necessary for delivering communication services within a specified region. Depending on the size, frequency and power ratings of the transmitter, telecom towers demonstrate different cellular ranges. Telecom towers are either owned by individual telecom service providers, or shared among multiple service providers in order to save capital and operational costs. In order to provide uninterrupted telecom services, telecom towers have to be connected with a continuous power supply source. Therefore, telecom towers are connected to Alternating-Current (AC) mains, in areas that receive continuous power supply. In areas that do not have a continuous power supply, telecom towers are powered by a diesel generator or a combination of a diesel generator and battery, or by a renewable energy source, i.e. solar or wind energy. LTE (Long-Term Evolution) and 4G network technologies offer higher speeds, faster connection times and less round-trip latency. Consequently, the demand for LTE technology is expected to increase during the forecast period. The demand for LTE is expected to propel the development of improved telecom infrastructure that would, in turn, increase the demand for telecom tower power systems.
Product Overview
The global telecom tower power system market is segmented on the basis of product types into unreliable grid, reliable grid and off-grid. Among the unreliable grid and off-grid types, demand for unreliable grid is significant, and the segment is estimated to account for 67% revenue share of the global telecom tower power system market by the end of 2015. As per FMI estimates, this segment is projected to expand at a CAGR of 12.6% during the forecast period.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-444
Power Source Overview
On the basis of power source, the global unreliable grid telecom tower power system market is segmented into diesel generator, diesel generator + battery and renewable energy. The diesel generator + battery segment in the global unreliable grid telecom tower power system is estimated to account for 45.5% revenue share of the market by the end of 2015. According to FMI estimates, the diesel generator + battery segment would expand at a CAGR of 8.6% between 2015 and 2025. The renewable energy segment is estimated to account for 38.6% share of the overall market by the end of 2015, and is forecast to expand at a CAGR of 16.4% through 2025. Currently, telecom towers are largely powered by diesel generator + battery, and this trend is expected to change during the forecast period, as renewable energy is expected to surpass the diesel generator + battery segment by the end of 2016.
Regional Overview
By the end of 2015, APEJ is estimated to dominate the market and account for around 42.8% share of the global market, followed by the Middle East & Africa and Western Europe. By the end of 2015, the APEJ telecom tower power system market is estimated to be valued at US$ 775.8 Million, and is projected to reach US$ 2,966.4 Million by 2025. By the end of 2015, the Middle East & Africa and Western Europe regions are estimated to be the other major contributors to the global market, accounting for 17.7% and 13.2% share of the overall market, respectively. The Japan market is estimated to account for miniscule share of the global market by the end of 2015. It is expected to expand at a CAGR of 8.5% during the forecast period.
Drivers
Growing demand for renewable power supply systems, competition to deliver uninterrupted telecom services, rising number of Internet users and change in customer preferences are some of the factors that are expected to fuel the demand for telecom tower power system, globally, during the forecast period. In addition, economic revival in regions such as Eastern Europe, Western Europe and North America and economic growth in regions such as APEJ and Latin America are expected to propel growth of the global telecom tower power system market over the forecast period.
Request For Report Table of Content (TOC):https://www.futuremarketinsights.com/askus/rep-gb-444
Trends
Telecom tower and telecom service provider companies are adopting renewable/green power supply sources to power telecom towers. Telecom companies are choosing to share telecom towers currently. 40-60% of the Capital Expenditure (CAPEX) is required to set up and manage telecom infrastructure. Meanwhile, the revenue generated per tower has been declining over the years. Therefore, sharing telecom infrastructure reduces the CAPEX and Operating Expense (OPEX) incurred on telecom towers. To ease the impact on profit margins (by reducing the OPEX and CAPEX associated with telecom infrastructure and services), telecom companies across the globe are opting for consolidation. The telecom industry has witnessed the advent of the integrated chip technology for increasing energy efficiency. The players in the industry have mounted devices on telecom towers that automatically switch off when not in use to save power/energy. Companies, such as Alcatel-Lucent S.A., have integrated energy monitoring systems into base stations that make real time adjustments to optimise the power usage.
Competition Landscape
Key players across the supply chain of the global telecom tower power system market include telecom tower & telecom service provider companies and telecom tower power system providers. The telecom tower & telecom service provider companies that we have analysed in the report include American Tower Corporation, Bharti Infratel Ltd., GTL Infrastructure Ltd., Reliance Infratel Limited, SBA Communications Corporation and Indus Tower Ltd. The telecom tower power system providers analysed in the report include Eaton Towers Limited, Emerson Network Power, Inc. and GE Energy Infrastructure. To adhere to the stringent government regulations, key players are continuously investing in renewable power sources in order to power telecom towers.
Browse Report@ https://www.futuremarketinsights.com/reports/telecom-tower-power-systems-market
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. Fmi is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India