London, UK -- (SBWire) -- 06/16/2015 --In order to ensure the efficient working of telecommunication networks, tower power systems are necessary. Power systems are known as the backbone of the telecom industry. Generally, telecom tower power systems comprise rectifiers, batteries and a power system controller (available with different technical specifications). Telecom tower power systems offer Alternating Current (AC) and Direct Current (DC) power systems. They help in maximising battery life and provide cost and energy savings, and ultimately reduce the operational costs for telecom operators. Globally, telecom operators are under huge pressure to reduce their operational costs and telecom tower power systems have emerged as a viable alternative.
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Telecom Tower Power SystemsMarket: Growth Factors
Use of alternative technologies, such as advanced green battery technology, solar energy, and hybrid systems can also reduce the operational costs, while complying with environmental regulations at the same time. Due to growing demand, the telecom tower power industry is in a transition phase. Governments of developed as well as developing nations are encouraging the use of renewable energy technologies. Increase in subscriber base, emergence of 4G LTE services and rising demand for mobile applications are the key drivers for the telecom tower power market. Grid power availability, operational complexity & cost, and logistics supply are the market challenges for the telecom tower power industry. Owing to this, it is observed that Mobile Network Operators (MNOs) and Tower Companies have a dominant market share of telecom tower power systems.
Telecom Tower Power SystemsMarket: Segmentation
The telecom tower power systems market is segmented on the basis of equipment, services & software, products, and network. The equipment segment includes both AC (UPS, generators and others) and DC (inverters, system Controllers, Solar modules and others) power systems. Services and software segment includes installation, maintenance, integration, and overall site monitoring software. On the basis of products the telecom tower power systems is further categorized into power system, connection and current rating. Lastly on the basis of network, the market is segmented into access and core network.
Telecom Tower Power SystemsMarket: Regional Outlook
From regional perspective, U.S. and Canada dominate the global telecom tower power market due to advanced technological updates. However, in the next five years, Asia Pacific is expected to exhibit high growth rates in global telecom tower power market. This projected growth is attributed to increase in the infrastructure of new towers power systems. Also, the increasing range of old towers that had come to the end of their service lives enhances the market for global telecom tower power market.
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Telecom Tower Power SystemsMarket: Key Players
Some of the major companies operating in the global telecom tower power systems market are Emerson, Eaton, GE, Delta Electronics, Benning, Cummins Power, C&D Technologies, Myers Power, Schneider Electric and Pioneer Magnetics.
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Telecom Tower Power Systems Market: Global Industry Analysis and Opportunity Assessment 2015-2025 by FMI
Future Market Insights has announced the addition of the “Telecom Tower Power Systems Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.