Diesel Generator Market in Telecom Industry Trends Forecasts Report 2020-2030

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The global telecom industry has witnessed exponential growth over the past couple of decades due to a range of factors. Players operating in the current telecommunication sector around the world are increasingly focusing on catering to one of the biggest obstacles in the telecom tower sector i.e. unreliable electrical grid supply. In addition, the increasing frequency of electrical grid outages in most developing nations has, thereby accelerated innovations and large-scale development in the modern telecom sector. At present, telecom tower operators primarily use diesel generators as a power management solution due to which, the diesel generator market in telecom sector is expected to witness considerable progress in the forthcoming years.

As the telecom sector continues to expand at a rapid pace worldwide, with it, the diesel generator market in telecom sector is expected to grow at a steady pace. The market growth is primarily driven by the growing adoption across developing nations, including India, China, Brazil, and Indonesia. While other alternative power management solutions such as batteries are gradually gaining popularity, low operating costs and modest initial investment costs of diesel generators continue to drive the demand in underdeveloped and developing regions of the world.

Government initiatives and projects are expected to play an important role in augmenting the demand for diesel generators in the telecom sector, especially in India and China– the two prominent markets for players operating in the current market landscape. While the demand is expected to grow at an impressive pace in the upcoming years, the mounting environmental concerns and growing emphasis on sustainability across the telecom sector could hinder the growth of the diesel generator market in telecom sector in the second half of the forecast period.

At the back of these factors, the global diesel generator market in telecom sector is expected to reach a value of US$ 1.4 Bn by the end of 2030.

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Rise of Green Telecom Towers May Hinder Market Growth

Over the past decade, the augmenting interest in renewable energy has led to considerable developments across the global telecom sector. In addition, fast-paced advancements in the renewable energy space could potentially replace diesel generators in the telecom sector over the upcoming decades, as stricter laws and regulations are formulated. Renewable energy sources have emerged as a popular off-grid mobile base station choice and as this trend gains further momentum, the diesel generator market in telecom sector could witness a slower growth rate toward the latter stages of the forecast period.

In the current scenario, the adoption of diesel generators is expected to outpace that of renewable energy sources due to lower costs and required reliability. In addition, the growth of the diesel generator market in telecom sector will continue to gain momentum in the upcoming years, due to rising telephony subscriptions worldwide, especially in developing regions. In addition, the growing deployment of telecom towers in rural regions of both developed and developing regions is another factor that is expected to drive the diesel generator market in telecom sector during the forecast period. However, the advent of a robust off-grid technology, low PV prices, and high availability of Energy Service Companies is expected to gradually tilt the pendulum toward renewable energy across the global telecom sector. In addition, dwindling solar PV prices are another factor that is projected to cut-short the growth of the global diesel generator market in telecom sector during the assessment period.

Market Growth to Decline in 2020 amid COVID-19 Pandemic

The global diesel generator market in telecom sector could witness slow growth in 2020 due to the outbreak of the novel COVID-19 pandemic. As governments across the world were highly focused on containing the transmission of the novel coronavirus by imposing stringent lockdown measures and restrictions on cross-border trade and transportation during the second quarter of 2020, the demand for diesel generators across the telecom sector remained steady and lower than initial projections. However, as lockdown restrictions in several nations are gradually being lifted, delayed or stalled projects across the diesel generator market in telecom sector are anticipated to resume due to which, the adoption is likely to increase.

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Diesel Generator Market in Telecom Industry: Overview

• Diesel generators are available in stationary and portable types. The framework of stationary diesel generator does not move. It is used to drive power at a stationary location. Portable generator is powered by gas or diesel fuel; and can provide temporary electrical power.
• Standby power generators are often used in emergency situations such as power outages. They are ideal for applications where another reliable continuous power source is required. These generators are primarily used during a power outage and regular testing and maintenance activities.
• Prime power rated generator is used as a primary power source and not for standby or backup power only. This generator can supply power in a situation where there is no utility source, as is often the case in industrial applications, such as mining or oil & gas operations in remote areas where the grid is not accessible.
• Continuous power is similar to prime power, but has a base load rating. It can supply power continuously to a constant load. However, it does not have the ability to handle overload conditions or work well with variable loads. The major difference between a prime and continuous rating is that prime power gensets are set to have maximum power available at a variable load for an unlimited number of hours. They generally include approximately 10% overload capability for short durations.

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Rise in Incidence of Power Outages to Drive Diesel Generator Market in Telecom Industry

• The electrification rate has improved across the globe over the last decade. However, the incidence of power outages has also increased. The global electrification rate reached 89% in 2018. Around 153 million people obtained to access electricity in 2019. Nevertheless, the biggest challenge remains in most of the remote areas globally and in sub-Saharan Africa where approximately 570 million people still live without electricity.
• Natural calamities; failure of distribution lines and transmission lines; and faults in equipment of power generation stations or substations are some of the key factors causing power outages across the world. Recently, a power outage in Argentina and Uruguay affected 10 million people in an electrical failure.
• On an average, more than 60% of the telecom tower sites face electrical grid outages in excess of eight hours a day in India. Therefore, tower owners deploy a combination of batteries and backup power for electrical grids in order to ensure power availability of more than 99.95%. This is likely to create lucrative opportunities for the diesel generator market in the telecom industry.