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Impact of Covid-19 on Generator [Up to 100 kVA] Market
Impact of Covid-19 on Generator [Up to 100 kVA] Market
The global generator (up to 100 kVA) market in telecom industry is broadly affected by several factors, including expansion of telecom network in remote areas and rise in incidence of power outages.

Generator(Up to 100 kVA) Market in Telecom Industry: Introduction

TransparencyMarket Research delivers key insights on the global generator (up to100 kVA) market in telecom industry. In terms of revenue, theglobal generator (up to 100 kVA) market in telecom industry is estimated toexpand at a CAGR of 4.6% duringthe forecast period, owing to numerous factors, regarding which TMR offersthorough insights and forecasts in its report on the global generator (up to100 kVA) market in telecom industry.

The globalgenerator (up to 100 kVA) market in telecom industry is broadly affected byseveral factors, including expansion of telecom network in remote areas andrise in incidence of power outages.

Generator (Up to 100 kVA) Market inTelecom Industry: Dynamics

The rise inyoung population has boosted the demand for radio and mobile communicationssignificantly across the world due to the advent of mobile telephony. This haspropelled the demand for large-scale worldwide network of telecom towers, fromcities to remote areas. In India, telecom penetration or teledensity has grownrapidly over the past few years. The overall teledensity in India increased from 86.38% atthe end of December 2020 to 87.01% atthe end of January 2021. The rise inteledensity increases the number of telecom towers for proper functioning ofthe telecom network.

Theincrease in subscriber base and teledensity, especially in rural areas, is amajor factor that encourages investment in the development of telecominfrastructure. In India, 70% ofthe population stays in rural areas. The rural telecom penetration is rapidlyincreasing. This is projected to be a key factor driving the generator marketin telecom industry over the next few years.

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Accordingto GSMA analysis and estimates, Sub-Saharan Africa had more than 240,000 towersin 2014 acrosscountries providing mobile coverage to 70% of theregion’s population. The size of the tower portfolio in Sub-Saharan Africa grewto more than 325,000 towers in 2020.

Remoteareas have limited or no access to grid-connected electricity. These areas aredependent on secondary sources of power such as generator sets. Hence, lack ofavailability of grid connection to telecom tower sites is anticipated to boostthe demand for generators during the forecast period.

Thecoronavirus pandemic has brought in significant changes in the world, withnetwork connectivity acting as a key for business continuity. Telecoms arecontinuously adapting to the changes caused due to the COVID-19 crisis. Beingthe distributor of Internet infrastructure to other industry verticals, telecomoperators have made several amendments in their operations and offerings toserve their customers in a better way. However, the demand for a reliablebackup power source has increased in the healthcare segment, owing to theongoing pandemic. This has led to the inclusion of generators in criticalservices. Hence, the supply chain of generators has not been affected adverselyduring the pandemic.

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In terms ofapplication, the standby segment dominated the global generator (up to 100 kVA)market in telecom industry in 2020. The segmentis anticipated to expand at a CAGR of 4.7% between 2021 and 2031.

Generator (Up to 100 kVA) Market inTelecom Industry: Prominent Regions

AsiaPacific dominated the global generator (up to 100 kVA) market in telecomindustry with 28.21% sharein 2020.Its dominance is anticipated to continue during the forecast period. The regionis expected to capture 30% share by 2031.It is projected to create an incremental opportunity of US$ 275.90 Mnby 2031.This trend is likely to continue during the forecast period, due to rapidinfrastructure development, growth in urbanization, and increase in purchasingpower of end users in the region.

North Americais estimated to be the next attractive region of the global generator (up to100 kVA) market in telecom industry during the forecast period. The region held 21.44% sharein 2020.The introduction of plans to deploy 5G network is anticipated to boost thedemand for telecom towers in North America. For instance, the Government ofCanada introduced a plan to deploy 5G in 2020. Around 24% ofconnections in North America are anticipated to be on 5G network by the end of 2022.This percentage is likely to rise to 46% by 2025,equivalent to 200 million 5Gconnections.

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Generator (Up to 100 kVA) Market inTelecom Industry: Key Players

Majorplayers operating in the global generator (up to 100 kVA) market in telecomindustry are KOEL Green, Generac Power Systems Inc., Caterpillar, HIMOINSA,Aggreko, JAKSON, MAHINDRA POWEROL, AGCO Power, Kohler Co., Greaves CottonLimited, Multiquip Inc., AKSA POWER GENERATION, and Cummins Inc.