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The global satellite transponder market size reached US$ 20.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2027, exhibiting a growth rate (CAGR) of 5.01% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A satellite transponder is a wireless communication device that is connected to a satellite for receiving and transmitting radio signals. Upon receiving the signal, it broadcasts it at varying frequencies that assists in the functioning of various identification, location and navigation systems such as GPS. Also, it selects different frequency values for both downlink and uplink to prevent the interference between signals. For instance, the Radio-Frequency Identification Device (RFID) transmits a coded signal upon receiving a request from a control point. The transponder output signal is tracked, and its position is continuously monitored. In addition, the input (receiver) and output (transmitter) frequencies are pre-assigned through which the device can operate over distances of thousands of miles.
The increasing demand for High Definition Television (HDTV) sets and expansion in the Ku band applications are the key factors driving the growth of the market. The growing demand for new television platforms and rising number of video broadcasting subscribers have led the service providers to utilize satellite transponders to provide end-to-end HD video transmission. Furthermore, increasing adoption rates of Ku band frequencies for data, video and voice communications have positively impacted the market growth. The Ku band utilizes satellite transponders for high-bandwidth broadcasting and communication to the subscribers. Ku-band transponders are also used extensively for various Very-Small-Aperture Terminals (VSAT), mobile backhaul (MBH) and aeronautical applications. Additionally, the widespread implementation of the device in maritime broadband, in-flight and machine-to-machine (M2M) communications has further favored the market growth. For instance, the Automatic Identification System (AIS) used in ships utilizes transponders to communicate and supplement marine radar.
IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite transponder market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on bandwidth, service and application.
Breakup by Bandwidth:
Breakup by Service:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being SES S.A., Arabsat, Eutelsat S.A., Intelsat Corporation, Embratel Star One, Thaicom Public Company Limited, Sky Satellite LLC, SKY Perfect JSAT Corporation, HISPASAT S.A., Singtel Group, Telesat, etc.
Report Features | Details |
---|---|
Base Year of the Analysis | 2021 |
Historical Period | 2016-2021 |
Forecast Period | 2022-2027 |
Units | US$ Billion |
Segment Coverage | Bandwidth, Service, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered | SES S.A., Arabsat, Eutelsat S.A., Intelsat Corporation, Embratel Star One, Thaicom Public Company Limited, Sky Satellite LLC, SKY Perfect JSAT Corporation, HISPASAT S.A., Singtel Group, and Telesat |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global satellite transponder market was valued at US$ 20.8 Billion in 2021.
We expect the global satellite transponder market to exhibit a CAGR of 5.01% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the growing need for satellite transponder system for the transmission of critical information across organizations during the remote working scenario.
The rising demand for High Definition Television (HDTV), along with the increasing adoption of satellite transponders for providing end-to-end HD video transmission to video broadcasting subscribers, is primarily driving the global satellite transponder market.
Based on the bandwidth, the global satellite transponder market can be categorized into C-Band, KU-Band, KA-Band, K-Band, and others. Currently, C-band holds the majority of the total market share.
Based on the service, the global satellite transponder market has been segmented into leasing, maintenance and support, and others. Among these, leasing currently exhibits a clear dominance in the market.
Based on the application, the global satellite transponder market can be bifurcated into commercial communications, government communications, navigation, remote sensing, R&D, and others. Currently, commercial communications account for the largest market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global satellite transponder market include SES S.A., Arabsat, Eutelsat S.A., Intelsat Corporation, Embratel Star One, Thaicom Public Company Limited, Sky Satellite LLC, SKY Perfect JSAT Corporation, HISPASAT S.A., Singtel Group, Telesat, etc.
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