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The indoor telecom power systems market is expected to register over 11.5% CAGR through 2032. These power systems are widely used to support global carrier networks and commercial communication infrastructures. Furthermore, vendors are increasingly emphasizing the development of innovative products that are simple to integrate, highly reliable, and consume less power.
Digital electricity segment is poised to witness around 20% CAGR between 2023 and 2032. This is primarily due to the numerous advantages of digital electricity cabling such as lower costs and greater wire reusability. With digital power cabling, the relocation and reuse of cables are significantly easier without the need for external expertise. This translates into lower hardware-related expenses, driving the adoption rate of the technology among telecom operators.
DC power systems is to convert Alternating Current (AC) to Direct Current (DC) and use it to charge batteries. Additionally, these systems offer precise voltage control, monitoring of power sourcing, and alarm activation as necessary. DC power systems have a wide range of applications in data centers, telecommunication systems, electric vehicles, commercial buildings, residential homes, and aircraft. In data centers and telecommunications systems, DC distribution systems employ low-voltage 48 Vdc systems to enhance flexibility, efficiency & reliability and reduce system costs. This factor is driving the demand for DC power systems in these industries.
Telecom power systems market from indoor distributed antenna systems (DAS) segment collected a revenue of over USD 600 million in 2022. Indoor DAS have become a crucial component of both enterprise infrastructures and carrier cellular networks. They play a vital role in addressing the issue of isolated spots of poor coverage inside densely populated indoor spaces, ensuring seamless connectivity and communication. One of the key drivers of the indoor DAS segment growth is its ability to support multiple telecom carriers simultaneously. This feature enables enterprises to improve their network coverage and avoid disruptions while providing their employees & customers with uninterrupted connectivity.
Asia Pacific has emerged as a significant contributor to the telecom power systems market, accounting for the highest business share of 36.9% in 2022. This growth can be attributed to the rapid digital transformation of several industries in developing countries, creating a growth opportunity for telecom operators to establish a sustainable ecosystem. Furthermore, countries including India, South Korea, and China have made significant progress in developing their telecom services, which has paved the way for the emergence of start-ups focusing on upcoming trends in digital services such as cloud computing, network security, and better-connecting technologies. This has led to a significant surge in the telecom sector growth, increasing demand for regional telecom power systems.