Telecom Power System Market Size

Telecom Power System Market Future Prospects

The telecom power system market size accounts USD 4.6 billion in 2024, and it is expected to grow at a compound annual growth rate of 10.9% during 2025–2032, to reach USD 10.3 billion by 2032. The growth is supported by the surging penetration of telecom towers in different regions, such as APAC and Africa, and the proliferating adoption of telecom services. Further, multiple numbers of towers have been installed incessantly to meet the requirement of the increasing number of subscribers, which, in turn, strengthens the use of power systems for these towers.

Moreover, the surging telecom networks particularly in rural areas coupled with the escalating use of hybrid power systems and awareness with respect to curbing carbon footprint from telecom power systems are the other significant factors that contribute to the growth of the market.

The hybrid power plant combines wind and solar power generation, exploits the full potential of renewable energy by determining the intermittency of the power generation, and offers a more dependable solution to cater to the increasing power needs. Thus, several companies are strongly focusing on the development of hybrid power plants, which, in turn, would further heighten the demand for power systems.