Telecom Power System Market

Eaton (US), Huawei Technologies (China) and Cummins (US) are leading players in Telecom Power System Market

The global telecom power system market is projected to grow from USD 3.9 billion in 2022 to USD 5.4 billion by 2027; it is expected to grow at a CAGR of 7.1% from 2022 to 2027. The key factors fueling the growth of this market include increasing number of telecom infrastructure in remote areas, growing adoption of telecom services and high data traffic, rising awareness about reducing carbon footprint from telecom power systems, growing adoption of hybrid power systems, increasing technological advancements in cellular networks, rising use of GaN-based power devices with evolution of 5G technology, surging requirements for advance telecom infrastructure and M2M connections.

The telecom power system market is dominated by key global established players such as Eaton (US), Huawei Technologies (China), Cummins (US), ZTE Corporation (China), General Electric (US), Schneider Electric (France), Alpha Technologies (US), Delta Electronics (Taiwan), ABB (Switzerland), Ascot Industrial (Italy), UNIPOWER (US), Dynamic Power Group (China), Efore (Finland), Hangzhou Zhonheng Power Energy (China), Myers Power Products (US), Staticon (Canada), Vertiv Group (US), VoltServer (US), Corning Incorporated (US), JMA Wireless (US). These companies focus on adopting both organic and inorganic growth strategies, such as product launches and developments, partnerships, contracts, expansions, and acquisitions to strengthen their position in the market.

To know about the assumptions considered for the study download the pdf brochure

Eaton (US) is a recognized brand in the telecom power business; it offers a diversified product portfolio for telecom power applications. The company has developed innovative products to cater to the customers from the telecom power system market by combining its expertise in electrical power appliances and systems and telecom power applications. Eaton is a power management company that manufactures technologically advanced products and services for the telecom power system market. The company provides sustainable innovative solutions for the customers in a variety of production systems such as for electrical product lines - line hardware, fuses, switches, arresters, transformers, B-line series such as safety grating, anchors; aerospace product lines - agro-tech product lines for fuel pumps, valves, sensors, aeroquip products such as hoses and fittings; and vehicle product lines – the Detroit locker and Detroit truetrac for helical gear style. The company operates in various segments such as the electrical sector, where it manufactures products such as circuit breakers, switchgear, busway, UPS systems, power distribution units, motor controls, sensors, meters, relays, and invertors. Eaton aims to provide DC power solutions for all DC-powered communication network applications. These DC power solutions can be used in central office carrier networks, private businesses, local loop access, long haul optics, etc.

Eaton company has a very wide portfolio covering an umbrella of various sectors such as electrical systems, hydraulics, aerospace, vehicles, and the e-mobility sector. The company always attempts in the direction to innovate new and sustainable products, which help in productivity, profitability, as well as the reduction of carbon footprint, which is and will be the motive of most companies with the increasing environmental awareness. The company has invested a good amount in R&D activities i.e., 3 billion USD to create sustainable product solutions. During the COVID-19 pandemic, the company maintained its inventory with proper dealings with its suppliers so that the product manufacturing was not adversely affected. It also received an award from the US energy department for producing low-cost fast chargers for electric vehicles. The major revenue sector is electrical systems i.e., 63%, the revenues from other sectors should be focused on to develop more proportion of revenues from those sectors. Although recently the company has invested three billion USD in research and development, still from the recent years, the R&D expense is less than 5% of the revenue.

Huawei Technologies (China) deals in the infrastructure of information and communication technology i.e., telecommunication equipment, home electronics, along with smart devices. The company manufactures products such as television sets, smartphones, tablets, dongles, and fixed broadband network equipment such as USB modems, wireless modems, and wireless routers. The industry-wide sectors include telecommunications and networking, electronics, and semiconductors; and it also focuses on new technologies and trends such as artificial intelligence, automation, the internet of things, and cloud computing. The company developed several reliable telecom power products with a capacity range of 30 A to 24,000 A, providing solutions for embedded site power systems, which consist of power distribution units, rectifiers, and controllers, which can be embedded in power cabinets. It also provides telecom energy operation support systems. It also aims toward adopting and using artificial intelligence and cloud computing, making it more of a fast-moving and fast-growing company in the respective field. Every year, the company focuses on its research and development, it invests more than 10% of its revenue every year in R&D, which has increased to over 15% in 2019 and 2020. It has about 1,00,000 patents worldwide and 10 research centers across the world. It offers a wide range of products such as consumer products, industrial and data centers. A major challenge for the company is its presence in the United States is exempted since 2019. As the US market can provide huge growth, exemption from there will be a major challenge in terms of growth as well as for revenue.

Another important player in the telecom power system market is Cummins (US), is an American multinational corporation. It designs and manufactures products for commercial diesel engines such as electric and hybrid power trains, electric power generation systems, batteries, fuel cell products, turbochargers, and exhaust systems; products for diesel- and gas-powered plants such as heavy duty and light duty air, fuel, hydraulic, and lube filtration components; and products for telecom power systems such as engine control units and sensors for diesel engines. Cummins is also a distributor and focuses on the distribution of heavy duty and light duty air and fuel, hydraulic, and lube filtration components and engines, and the power generation distribution of parts as well as providing services for the same. The company sells its products to dealers, distributors, and original equipment manufacturers. Cummins operates through a few major business segments such as Engine (high-power, heavy-duty, and mid-range engines), Power Systems (comprising alternators, transfer switches, commercial power systems, engines, and paralleling systems), Component Business (comprising filtration systems, emission solutions, electronics, turbo technologies, and fuel systems). It is focusing on electrified or hybrid systems in transportation systems, which is a sustainability-driven positive step.

Other major players in the telecom power system market are mainly focusing on acquisitions and partnerships along with new product launches to achieve continuous and sustainable development.

Related Reports:

Telecom Power System Market by grid type (On-Grid, Off-Grid, Bad grid), component, power source, Technology, (AC power system, DC power system), Power Rating (Below 10 kW, 10-20 kW, above 20 kW) and Geography - Global Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Telecom Power System Market Size,  Share & Growth Report
Report Code
SE 5068
RI Published ON
3/30/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status