The global telecom power systems market is expected to be valued at around US$ 3.8 Bn in 2020 and is projected to register a CAGR of 11.1% over the next 10 years. The report also presents the first five-year cumulative revenue (2020–2024), which is projected to be valued at around US$ 23 Billion, and this is expected to increase quite significantly over the latter part of the five-year forecast period.

Global Telecom Power Systems Market: Segmental Snapshot

By Grid: The off-grid segment is expected to account for highest revenue share contribution as compared to other grid segments, and is expected to register the highest CAGR of over 11.3%

By Component: The rectifiers segment is projected to account for highest revenue share as compared to that of other component segments, and projected to register the highest CAGR of over 12.6%

By Power Source: The diesel-battery segment is projected to account for highest revenue share as compared to that of other power source segments, and projected to register the highest CAGR of over 11.2% over the 10-year forecast period.

By Region: The market in the Asia Pacific market accounted for the highest revenue share in the global market. The market in the Asia Pacific is expected to register the highest CAGR of over 13.3% over the 10-year forecast period.

Global Telecom Power Systems Market: Competitive Analysis

The global telecom power systems market report includes profiles of some key companies such as Schneider Electric SE., General Electric Company, Mitsubishi Electric Corporation, Delta Electronics, Inc., Myers Power Products, Inc., AEG Power Solutions, Eaton Corporation plc, Huawei Technologies Co., Ltd., Microtek International Pvt. Ltd., Vertiv Group Corp., Cummins Inc., UNIPOWER, LLC, and Ascot Industrial S.r.l.

Source: Telecom Power Systems Market Infographics By Market Research