Diesel Generator Market in Telecom industry: Introduction
In terms of value, the global diesel generator market in telecom industry is expected to reach US$ 1.4 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Based on volume, the global diesel generator market in telecom industry is estimated to reach 333,579 units by 2030, expanding at a CAGR of ~4% during the forecast period. Based on type, the stationary generator segment constituted major share of 68.60% of the global diesel generator market in the telecom industry in 2019. The segment is projected to expand at a CAGR of 4.53% from 2020 to 2030.
Request PDF Brochure : https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=76173
In terms of power rating, the below 100 kVA dominated the global diesel generator market in telecom industry in 2018. This trend is anticipated to continue in the global diesel generator market in telecom industry during the forecast period. The segment constituted 65.65% share of the global diesel generator market in telecom industry in 2019. Its share is expected to reach 67.30% by 2030. The rise in demand for uninterrupted & reliable power in the telecom towers during power outage is anticipated to boost the below 100 kVA segment.
Request For Discount : https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=76173
In terms of application, the standby segment held dominant share of the global diesel generator market in telecom industry in 2019. Of late, most of the countries across the globe have been investing significantly in development of renewable energy. Increase in adoption of renewable energy is likely to result in an interruption in power supply, as renewable energy is an intermittent source of energy.
Asia Pacific dominated the global diesel generator market in the telecom industry with 23.17% share in 2019. This trend is anticipated to continue in the global diesel generator market in telecom industry during the forecast period. Its share is expected to reach 26.26% by 2030 due to the increase in number of mobile subscribers in the region.
Request Report Methodology: https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=76173
Major Drivers of Diesel Generator Market in Telecom industry
The expansion of telecom network in remote areas is propelling the demand for diesel generator in the telecom industry across the globe. The presence of young and rapidly growing population is boosting the demand for radio and mobile communication across the world. This has propelled the demand for large-scale worldwide network of telecom towers, from cities to remote areas. In India, telecom penetration or tele-density has grown rapidly over the last few years. The tele-density in India grew from 18.23% in 2017 to 92.84% in 2018. The rise in tele-density has led to an increase in the number of telecom towers for proper functioning of the telecom network.
Request Customization: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=76173
The growth in subscriber base and tele-density, especially in rural areas, is a major factor that encourages investment in the development of telecom infrastructure. Around 70% of the population in India lives in rural areas. Telecom penetration in rural areas is increasing rapidly in the country. This is estimated to be a key driver of the diesel generator market in telecom industry in the near future. Remote areas have limited or no access to grid-connected electricity. These areas are dependent on secondary sources of power such as generator sets. Thus, lack of availability of grid connection to telecom tower sites is anticipated to boost the demand for diesel generators during forecast period. In turn, this is projected to augment the diesel generator market in telecom industry.
More Trending Report by TMR
Cotton Clips Market–“ Cotton clips are the pre-consumer textile waste materials that are generated before they reach consumer. Cotton clips are leftover textile scraps from the production process. This cut-and-sew scrap waste is generated during garment manufacturing. It is often considered waste and is discarded by garment manufacturers due to its uneven and small formats. Cotton clips are used in manufacture of various household products such as rugs and carpets, mats, quilts, mops & wipers, and many other decorative items.”
About Us :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!