The global telecom tower power system market, valued at US$ 1,811.7 Mn in 2015, will expand at 12.2% compound annual growth rate (CAGR) through 2025. In terms of value, the market is expected to reach US$ 5,709.5 Mn by 2025. These insights are offered by Future Market Insights (FMI) in its latest research report, “Telecom Tower Power System Market: Global Industry Analysis and Opportunity Assessment 2015-2025.”

Global telecom tower installations are expected to reach 6,304 by 2025, expanding at a CAGR of 4.2% during the forecast period 2015-2025. FMI expects this to spur the telecom tower power system market.

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The number of mobile subscribers is expected to increase by 4%-5% between 2015 and 2025. The growth will be especially phenomenal in Asia Pacific and Western Europe. Increase in the number of mobile subscribers is expected to fuel the demand for tower power systems.

Deployment of latest telecom technologies, such as 3G, 4G, and LTE is fuelling infrastructure development, owing to which telecom tower power systems are expected to gain traction during the forecast period.

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FMI has segmented the global telecom tower power system market on the basis of product type into unreliable grid and off-grid. The former represents the majority share, accounting for 67% of the overall market revenue in 2015. FMI expects this segment to gain 290 BPS during the forecast period and hold 69.9% of the market share by 2025.

The telecom tower power system market has been analysed in Asia Pacific Excluding Japan (APEJ), Japan, North America, Latin America, Western Europe, Eastern Europe, and Middle East & Africa (MEA). The market in APEJ is also expected to witness the highest CAGR during the forecast period.

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The key players in the global telecom tower power system market are American Tower Corporation, Bharti Infratel Ltd., GTL Infrastructure Ltd., Reliance Infratel Limited, SBA Communications Corporation and Indus Tower Ltd.

About FMI

Future Market Insights is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services. Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS.

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