Satellite Transponder Market Insights, Status, Share, Leading Players and Forecast From 2018 – 2026
The
growth of the market for TV platforms and technologies is an important,
contributing factor for the growth of the market for Satellite Transponder,
increase in demand for corporate enterprise networks and consumer broadband and
Growth in KA-band and KU-band services are anticipated to boost the
market.
Market
Size – USD 16.78 billion in 2019, Market Growth - CAGR of 3.48%, Market Trends
– Increasing Demand for TV platforms and technologies.
The Satellite Transponder market is
expected to grow from USD 16.78 billion in 2019 to USD 22.07 billion by 2026,
at a CAGR of 3.48% during the forecast period. The global demand for satellite
transponders is continuously increasing mainly due to the rise in growth of new
subscribers for Ku-band frequencies. This band frequency is mainly utilized for
data, voice and video communications and by far is the most favored frequency.
Moreover, the increasing usage of Ka-band frequency for high-bandwidth broadcasting and communication has also positively impacted the growth of the satellite transponders market. Upgrade in subscribers has been another key factor for the upliftment of this market. The growth in application sectors such as in-flight communications, maritime broadband, and machine to machine (M2M) has also been promoting the growth of satellite transponders market. The projected diversification and increase in applications in the coming years can be expected to boost the market further.
Elements such as the growth of
telecommunication network, Satellite launch failures and requirement of huge
capital investment and & operational anomalies are hindering the
market.
Players will require increased
investments to tackle these challenges and facilitate growth in the coming
years. This report comprises drivers, restraints, opportunities, and challenges
pertaining to the Satellite Transponder market; and extensive value chain
analysis, patent analysis, analysis of the current manufacturing capability and
technology status, commercialization potential in different devices, along with
market size forecasts till 2026.
The report “Satellite
Transponder Market by Bandwidth (C-Band, KU-Band, KA-Band, K-Band, Others),
End-Use Application (Navigation, Government Communications, Remote Sensing,
Commercial Communications, R&D, Others), Service (Leasing, Maintenance, and
Support, Others) and Geography - Global Forecast 2026” is available
now to Report and Data customers and can also be purchased directly at: https://www.reportsanddata.com/checkout-form/1087
Further key findings from the report suggest
- The growth of Satellite Transponder Market is
directly fueled by the demand for adoption of HTS technology among its
array of application sectors such as in domestic, and military.
- The Satellite Transponder industry is expected
to grow from USD 16.78 billion in 2019 to USD 22.07 billion until 2026, at
a CAGR of 3.48% during the forecast period.
- A chief factor riding the growth of the
industry is the increase in usage of HTS technology. The adoption of HTS
using spot beam technology is increasing in commercial satellite
communications. In recent years, HTS technology was globally used to
provide broadband internet services to consumers and small and
medium-sized enterprises (SMEs). ISPs started launching HTS by integrating
transponders that support Ku band and Ka band.
- Growth in the telecommunication network, the
requirement of huge capital investment, Satellite launch failures and
operational anomalies are hindering the market.
- The key applications of Satellite Transponder
Market include Bandwidth, Application, Services, and Region.
- Applications of commercial communication are
projected to dominate the global satellite market in the coming years.
This high share of commercial communication usage in the market is driven
by the advancement of new cost-effective satellite technologies and rise
in demand for telecommunication services across the globe. Majority of
application of satellites are accredited to commercial communications.
- The C-band segment displayed the largest
market share, followed by the Ka-band and Ku-band segment in the satellite
transponder bandwidth market. This share is mainly accredited to the
increasing usage of transponders of working on these bandwidths in
broadcasting, mapping, weather forecasting, and many more applications.
- The North American region holds the maximum
market share of 7.8 billion in the satellite transponder market due to a
substantial need for reliable and secure satellite-based communication
that is being used in broadband accesses, video distribution, DTH, and
others, followed by Asia-Pacific. Even though major growth will be
witnessed in the Middle East & Africa and Latin America due to
increase in demand for direct-to-home (DTH) satellite TV, high definition
(HD) to remove standard definition (SD) offerings, need for safer
communications in military and defense.
- Key players within the Satellite Transponder
Market include Arianespace SA (France), Thales Alenia Space (France),
Airbus Group SE (Netherlands), Lockheed Martin, Loral Space and
Communications, Inc. (US), Eutelsat S.A. (France), Intelsat S.A.
(Luxembourg), Boeing Company (US), Orbital ATK, Inc.(US), INVAP S.E.
(Argentina) among others.
For this report, the market has been segmented on the basis of bandwidth, application, services, and region:
- Satellite Transponder Market by Bandwidth
(Revenue, USD Million; 2016–2026)
- C-Band
- KU-Band
- KA-Band
- K-Band
- Others
- Satellite Transponder Market by End-Use
Application (Revenue, USD Million; 2016–2026)
- Commercial Communications
- Government Communications
- Navigation
- Remote Sensing
- R&D
- Others
- Satellite Transponder Market, by Services
(Revenue, USD Million; 2016–2026)
- Leasing
- Maintenance & Support
- Others
- Satellite Transponder Market, by Regional
Outlook (Revenue, USD Million; 2016–2026)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- Rest of APAC
- RoW
- Middle East
- Africa
- South America
Comments
Post a Comment