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Expansion of Telecom Infrastructure and Conversion of Telecom Towers into Green Sites Would Drive Telecom Tower Power Systems Market in India- 6Wresearch

18 October, 2017

India telecom tower power systems has encountered a steady growth during 2014-16. Growing mobile subscribers and increasing penetration of 3G/4G technology have led to installation of new telecom towers which resulted in substantial growth of telecom tower power systems market in India. Further, replacement of battery systems and diesel genset would create additional demand for telecom towers systems in the country over the coming years.

According to 6Wresearch, India telecom tower power systems market revenues are projected to grow at a CAGR of 4.1% during 2017-23. Tier 2 and tier 3 cities in the Eastern and Western regions would accelerate the growth of the market on the back of growing number of mobile subscribers. Further, increasing internet penetration would encourage telecom companies to install new towers in smaller cities which would drive the telecom tower power systems market in India.

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, “Battery power systems leads the market, where lead acid batteries segment is the major contributor. Average replacement duration of lead acid batteries is after every 2-3 years, whereas lithium ion batteries has average lifespan of 4-5 years due to which many tower companies are now considering lithium ion batteries as a possible power solution for towers; however high cost is a major restraint in the adoption of lithium ion batteries.

Telecom towers in unreliable grid and off grid regions are majorly dependent on diesel gensets for power backup. Although, increasing electricity supply and growing environmental concerns has negatively impacted the growth of diesel genset market in telecom sector,” Ravi further added.

According to Priya Sharma, Research Associate, Research and Consulting, 6Wresearch, “Excess usage of diesel genset in telecom sector is resulting in escalating environment concerns. Tower companies are switching over to renewable power solutions for uninterrupted power supply to the towers. Deployment of solar renewable power in telecom towers is still at a nascent stage and is mostly limited to rural areas where grid power is not available.”

Factors such as zero fuel cost, average life span of around 20-22 years and low maintenance charges are the key drivers for the growth of solar power systems. Further, growing trend of energy storage systems in telecom towers would further boost the solar power systems market,” Priya further added.

Some of the major companies in telecom tower power systems market include- Mahindra, Kirloskar, Amara Raja, HBL, Exide, Coslight India Pvt Ltd, Cummins, Ashok Leyland and Eicher.

“India Telecom Tower Power Systems Market (2017–2023)” provides in-depth analysis with 56 figures and 11 tables covered in 128 pages. The report estimates and forecast the overall power system market by revenues, volume, types, regions and by grid type such as reliable grid, unreliable grid and off grid. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.

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