Europe Telecom Power Systems Market Size & Outlook
The telecom power systems market in Europe is expected to reach a projected revenue of US$ 1,030.6 million by 2028. A compound annual growth rate of 5.5% is expected of Europe telecom power systems market from 2022 to 2028.
Revenue, 2021 (US$M)
$709.5
Forecast, 2028 (US$M)
$1,030.6
CAGR, 2022 - 2028
5.5%
Report Coverage
Europe
Europe telecom power systems market, 2016-2028 (US$M)
Related Markets
Europe telecom power systems market highlights
- The Europe telecom power systems market generated a revenue of USD 709.5 million in 2021.
- The market is expected to grow at a CAGR of 5.5% from 2022 to 2028.
- In terms of segment, dc power systems was the largest revenue generating product type in 2021.
- DC Power Systems is the most lucrative product type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 709.5 million |
| Market revenue in 2028 | USD 1,030.6 million |
| Growth rate | 5.5% (CAGR from 2021 to 2028) |
| Largest segment | Dc power systems |
| Fastest growing segment | DC Power Systems |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | AC Power Systems, DC Power Systems, Digital Electricity |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.8% of the global telecom power systems market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,357.9 million by 2028.
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Telecom Power Systems Market Scope
Telecom power systems market segmentation & scope
Telecom Power Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe telecom power systems market size, by country, 2016-2028 (US$M)
Europe Telecom Power Systems Market Outlook Share, 2021 & 2028 (US$M)
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