Market Research Future (MRFR) has published on the “Global Telecom Battery Market”.
Market Research Future (MRFR) has published a cooked research report on the “Global Telecom Battery Market” that contains the information from 2018 to 2032. The Telecom Battery Market is estimated to register a CAGR of 13.96% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Telecom Battery market— Exide Industries Limited, Saft, Alexander Battery Technologies, Vision Battery, SUNWODA, Jiangxi JingJiu Power Science& Technology Co.,LTD., Battrixx, Narada, OGO Energy, Sacred Sun, Polarium, FIAMM, Topband, Enersys, Ipower Batteries, leoch battery corporation, RCRS Innovations Private Limited, Indoptica international, Celltech Group, Huawei, ZTE, COSLIGHT, and Wolong Electric.
Telecom Battery Market Highlights
The global telecom battery market is accounted for to register a CAGR of 13.96% during the forecast period and is estimated to reach USD 33395.1 million by 2032.
Telecom batteries are specialized energy storage devices designed to provide backup power during power outages or fluctuations in the electrical grid. These batteries are typically used in telecom towers, data centers, and other critical infrastructure components to ensure continuous operations. They are designed to provide reliable power for extended periods, allowing uninterrupted communication services even in challenging environments or during natural disasters. There are different types of batteries which are used in telecom such as lithium-ion batteries, lead acid batteries and others. It can be used in residential, commercial and industrial use. Today, global internet culture necessitates quick responses without any breaks for powering any mission-critical applications which demand regular communication stream. If there's ever a blackout, you’ll always be reconnected fast via power on surge. Additionally corporate enterprises who cannot afford an hour without talking over the phone and individuals like Eddie who cannot go without “WhatsApping” all day long depend much on uninterrupted communication facilitated by critical services offered by telecommunications firms. Once we get disruptions or stoppages of the network then trustworthiness shall be at stake hence affecting effectiveness as well. This calls for a certain ingredient to do that.
Telecom batteries play a critical role in UPS systems. Whenever there are power outages or variations, they immediately provide seamless power backup to keep communication channels intact. Uninterrupted power flow qualifies telecom batteries that kick into action immediately whenever there’s a system failure or outage, and services can go on working despite such conditions.
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Segment Analysis
The global telecom battery market has been segmented based on product type, capacity, and region.
The global telecom battery Market segmentation, based on the product type, the global telecom battery market has been bifurcated into lithium-ion battery, lead-acid battery and Other. Among these, the lithium-ion battery is projected to dominate the global telecom battery market revenue through the projected period. Typically, lithium-ion battery batteries are an effective and attractive energy storage solution for telecom applications. Compared to VRLA batteries, lithium-ion batteries weigh less, charge faster and last longer.
The application of lithium-ion batteries for telecommunications towers is an important part of the development of the telecommunications industry, and they provide reliable power guarantee for the stable operation of telecommunications towers with their advantages of high energy density, long life and low self-discharge rate. The following will discuss in detail the specific application and importance of lithium-ion batteries for telecommunications towers. First of all, as the key node of the wireless communication network, the telecom tower needs to ensure 24 hours of uninterrupted operation to provide stable communication services. Therefore, the power supply is crucial for the telecommunication tower. Traditional lead-acid batteries have been unable to meet the needs of modern telecommunication towers because of their large weight, short life and difficult maintenance. Lithium-ion batteries, due to their high energy density and long life, have become the ideal choice for the power supply of telecommunications towers.
Telecommunications towers typically require a large amount of electricity to support their normal operation, and lithium-ion battery energy storage systems can charge during low peak electricity demand and discharge during peak times, thereby balancing the power load and reducing the strain on the grid. In addition, the energy storage system can also be used to cut peaks and fill valleys to improve the stability of the power system.
In capacity segment, the global telecom battery market has been divided into low, medium and high. In 2023, the low battery segment drove the Global telecom battery market by holding a substantial market share during the assessment period. This segment accounted for the largest share of the market in 2023 and is expected to remain dominant during the forecast period. A low telecom battery is a term used to describe a situation where the battery backup in telecoms equipment such as phones and internet systems is on the verge of being empty. The energy capacity of these batteries ranges from 1 to 5 ampere hours (Ah). These phones are crucial as they provide electricity in case of power failures, hence guaranteeing that communication goes on nonstop. The survival of phone services depends solely on the continuous availability of these telecommunications cells. Phones, web access, emergency messages during power cuts are the roles of UPSs. This attribute is very crucial especially during emergencies as it means lifelines for communication. The technicians are notified when the battery of a communication gadget has a low charge. In this case, it is indicative that the system is almost becoming inoperable unless the battery gets changed or recharged in the first place.
Regional Analysis
Based on Region, the telecom battery market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia-Pacific telecom battery market held the maximum market share and is also expected to account for the significant revenue share during the forecast period. Telecom battery markets in the Asia-Pacific region are fast becoming more dynamic and are quickly growing. This growth is most pronounced in India and South Asia, even though the leading markets are currently China, Japan, and South Korea. The need for power-efficient batteries for cell phones that are increasing in demand is one of the reasons this growth is occurring. With an increase in mobile data usage as well as expansion into the Internet of things (IoT), telecommunications providers are spending heavily on Datacomms infrastructure improvement. This need for mobile batteries that are long-lasting and dependable has become very crucial. Owing to their skilled technology sectors and mobile and IoT devices take-up rates, significant countries in this direction are China, Japan, and South Korea. Thus, they constitute substantial markets and battery innovation and manufacturing nodes. Moreover, government initiatives and investments aimed at improving digital connectivity further bolster the growth prospects for telecom infrastructure and associated battery technologies.
Key Findings of the Study
- The global telecom battery market is expected to reach 33395.1 million by 2032, at a CAGR of 13.96% during the forecast period.
- The Asia Pacific region accounted for the fastest-growing global market.
- Based on product type, the lithium-ion battery segment was attributed to holding the largest market in 2023.
- Based on capacity, the low battery segment was attributed to holding the largest market in 2023.
- Exide Industries Limited, Saft, Alexander Battery Technologies, Vision Battery, SUNWODA, Jiangxi JingJiu Power Science& Technology Co.,LTD., Battrixx, Narada, OGO Energy, Sacred Sun, Polarium, FIAMM, Topband, Enersys, Ipower Batteries, leoch battery corporation, RCRS Innovations Private Limited, Indoptica international, Celltech Group, Huawei, ZTE, COSLIGHT, and Wolong Electric
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Companies Covered | 15 |
Pages | 128 |
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