The global Satellite Transponder Market is forecasted to grow at a rate of 5.8%, from USD 20.4 Billion in 2019 to USD 24.5 Billion in 2027. The increasing need and trend for advanced channel broadcasting, technologies, consumer broadband, and in-flight communication are anticipated to propel the growth of the market over the projected timeline. Growth and demand…
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Global Satellite Transponder Market Growth Forecast: 2017-2027
The global Satellite Transponder Market is forecasted to grow at a rate of 5.8%, from USD 20.4 Billion in 2019 to USD 24.5 Billion in 2027. The increasing need and trend for advanced channel broadcasting, technologies, consumer broadband, and in-flight communication are anticipated to propel the growth of the market over the projected timeline. Growth and demand for KU and KA band services that diminished weather disruptions have also contributed to the growth of the market. KU band is majorly used for data, video, and voice communications.
Satellite transponders are small chip-sized circuits incorporated into the satellites for transmitting and receiving uplink signals. It refers to a subsystem of the space segment, which essentially provides an efficient link that connects a satellite’s antennas. This series of interconnected units form a communication channel and acts as a transmitter and responder. The transponder assists in amplifying the received signal and translating the signals’ frequency.
In addition to this, the high bandwidth transmission and the satellite’s growing capacity have further reduced the expenses related to the internet, calls, and numerous other communication services. This, coupled with the technological advancements and innovative products developed by key players and new entrants, has reduced the operational and manufacturing cost. This has further contributed to the growth of the market.
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Key participants include
Thales Alenia Space, Airbus Group SE, Lockheed Martin, Arianespace SA, Boeing Company, Intelsat SA, Orbital ATK, Inc., Loral Space and Communications, Inc., Eutelsat SA, INVAP SE, and SES SA.
Further key findings from the report suggest
The global Satellite Transponder Market is forecasted to grow at a rate of 5.8%, from USD 20.4 Billion in 2019 to USD 24.5 Billion in 2027.
The increasing need and trend for advanced channel broadcasting, technologies, consumer broadband, and in-flight communication are anticipated to propel the growth of the market over the projected timeline. Growth and demand for KU and KA band services that diminished weather disruptions have also contributed to the growth of the market.
Satellite transponders are small chip-sized circuits incorporated into the satellites for transmitting and receiving uplink signals. It refers to a subsystem of the space segment, which essentially provides an efficient link that connects a satellite’s antennas.
The adoption of KA band frequency for high bandwidth communication and broadcasting has witnessed a massive surge over recent years, thereby propelling the market to lean towards a growth curve. In addition to this, the high bandwidth transmission and the satellite’s growing capacity have further reduced the expenses related to the internet, calls, and numerous other communication services.
However, satellite transponders require a high capital investment and face fierce competition from the fiber-optic transmission cable networks. This is anticipated to restrain the growth of the market over the coming years.
With the rising demand for C band for commercial purposes due to the availability of extensive coverage, the C-band segment is anticipated to garner the largest market share over the projected timeline. The increasing implementation of the C-band is driven by the need for robust and extensive capacity connectivity in corporate offices and academic institutes.
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For this report, Reports and Data have segmented into the global Satellite Transponder market on the basis of resin type, composite phases, industry vertical, and region:
By Bandwidth (Revenue, USD Million; 2017–2027)
C-Bands
KU-Bands
KA-Bands
Others
By Application (Revenue, USD Million; 2017–2027)
Commercial Communications
Government Communications
Research and Development
Navigation
Remote Sensing
Others
By Services (Revenue, USD Million; 2017–2027)
Lease
Maintenance and Support
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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