Kenneth Research, in its repository of market research reports, have recently added a report on Satellite Transponder Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Satellite Transponder Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Satellite Transponder Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Satellite Transponder Market is valued approximately USD 20 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.80 % over the forecast period 2019-2026. Satellite Transponders are the series of interconnected units which form a communication channel among the transmitting and receiving antennas. These are majorly utilized in satellite communication to transfer the received signals. A single satellite contains approximately 15 to 30 transponders. The signals transmitted from these satellites to the earth are of very low power level due to the huge difference in the distance between the satellite and the transmitter. Hre the transponders, which are made at a different frequency range, are used to amplify the low power signals.
The amplified signals are transmitted by the satellite back to the earth. With growing number of network connections across the globe, broadband connectivity has become essential technology to support emerging next-generation technologies such as Internet of things and smart infrastructure. These devices propel the demand for satellites for fast transfer of data and hence boost the market for Satellite transponder. Factors such as rising number of video broadcasting subscribes, evolution of high definition channels and UHDTVs drive the market for Satellite transponder. Also, the increasing subscribers for Ku band frequency which is primarily utilized for data, voice, and video communications drives the market growth. As with the number of people using these communication services such as voice and video call are increasing the load on transponders increases.
For instance, there are 4.39 billion internet users in 2019, an increase of 366 million equivalent of 9% as compared to its value in 2018 along with 5.11 billion unique mobile customers in the world today, up 100 million (2 percent) as compared to the past year. Propelling the launch of more satellites and hence new proving a huge market for Satellite transponders. As per the Satellite Industry Association (SIA), the number of operational satellites on orbit increased by 20% numbering to 2100 satellites in 2018 of which 300 were launched in the same year. However, complexity in installation and high capital investment, growth of fiber optics & cable transmissions and failures in satellite launches impedes the growth of the market over the forecast period of 2020-2026. Although, Emerging/evolving demand for connectivity in maritime and airborne services along with rising demand for high throughput satellites (HTS) and high-data-rate applications would create lucrative opportunity for the market growth.
The regional analysis of global Satellite Transponder market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the widespread utilization of the C-band video services segment and the dominating prevalence of 4K-UHD TV services by the satellite operators and the evolving demand for Ka Band transponders would drive the market in the region. Whereas, Latin America and Middle Eastern is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rise in demand for direct-to-home (DTH) satellite TV, high definition (HD) to replace standard definition (SD) offerings, need for secure communications for military and defense, and the vibrant broadcast industry would create lucrative growth prospects for the Satellite Transponder market across the region.
Major market player included in this report are:
Eutelsat Communications S.A.
Thales Alenia Space
Lockheed Martin Corporation
Loral Space and Communications, Inc.
Northrop Grumman Innovation Systems
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Maintenance & Support
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Satellite Transponder Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Satellite Transponder Market, by Region, 2018-2026 (USD Billion)
1.2.2. Satellite Transponder Market, by Bandwidth, 2018-2026 (USD Billion)
1.2.3. Satellite Transponder Market, by Service, 2018-2026 (USD Billion)
1.2.4. Satellite Transponder Market, by Application, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Satellite Transponder Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Satellite Transponder Market Dynamics
3.1. Satellite Transponder Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Satellite Transponder Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Satellite Transponder Market, by Bandwidth
5.1. Market Snapshot
5.2. Global Satellite Transponder Market by Bandwidth, Performance – Potential Analysis
5.3. Global Satellite Transponder Market Estimates & Forecasts by Bandwidth 2016-2026 (USD Billion)
5.4. Satellite Transponder Market, Sub Segment Analysis
5.4.1. C Band
5.4.2. Ku Band
5.4.3. Ka Band
5.4.4. K Band
Chapter 6. Global Satellite Transponder Market, by Service
6.1. Market Snapshot
6.2. Global Satellite Transponder Market by Service, Performance – Potential Analysis
6.3. Global Satellite Transponder Market Estimates & Forecasts by Service 2016-2026 (USD Billion)
6.4. Satellite Transponder Market, Sub Segment Analysis
6.4.2. Maintenance & Support
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