Satellite Transponder Market-Growth, Trends, and Forecast (2019 - 2024)

Dublin, Ireland, October 23, 2019--Research and Markets issued a report entitled "Satellite Transponder Market - Growth, Trends, and Forecast (2019 - 2024)." The report gives a comprehensive overview of the market for satellite transponders globally and forecasts frowth in the next five years.

Satellite transponders are minor chip size circuits that are integrated into satellites for the purpose of transmitting the uplink data or information to the downlink and vice-versa. The growing trend of advanced channel broadcasting has intensified the demand for satellite transponders across the globe as the number of operational satellites on-orbit rose by over 20% to 2100 with more than 300 satellites being launched in 2018 according to SIA (Satellite Industry Association). With the rise of internet across the globe broadband connectivity has become an important source of information for each and every person on this planet. For instance, there are 4.39 billion internet users in 2019, an upsurge of 366 million (9%) versus January 2018 along with 5.11 billion unique mobile customers in the world today, up 100 million (2%) as compared to the past year.

The increasing demand for C band (which provides lower transmission power over wide geographic areas and normally requires larger ground equipment for reception) and Ku band (which offers higher transmission power over smaller geographic regions and can be received with smaller ground equipment) transponder by the commercial sector throughout the globe to spur the satellite transponders market in the upcoming years. Emerging/evolving demand for connectivity in maritime and airborne services along with rising demand for high throughput satellites (HTS) and high-data-rate applications are anticipated to generate good opportunities for the satellite transponders market. Moreover, in the maritime community, satellite communication systems such as Inmarsat provide better communication links to ships at sea. These links use a VSAT type device to connect to geosynchronous satellites, which in turn link the ship to a land-based point of presence to the corresponding nations telecommunications system. The cybersecurity of commercial communication networks is a chief concern of government users.
Over the past one to two years the global satellite transponders market has seen more than 5% of increasing in leased transponders demand. This is a project to develop further due to fuelling cost of transponders throughout the globe. Looking at the satellite transponders leasing market, Europe is noted to be the most expensive region followed by Australia and New Zealand. Whereas, South Asia contributes to the lowest leasing rates, which is why the Asia Pacific is supposed to be the most encouraging and promising region for the satellite transponders leasing market in future years.

North America has been an extremely responsive market and witnessed various technological changes over a long period of time. In many ways, the major contributor to the growth of commercial satellite transponder leasing services is the North American C-band video services segment. Overall, the satellite industry and satellite operators have realized the potential of Ka-band in delivering 4K-UHD (Ultra-high-definition) and OTT TV services. These evolving markets would drive demand for Ka-band transponders in the North America region as the Ka-band transponders eliminate rain attenuation to a great extent. North America is expected to occupy the major share of the market due to the dire need for reliable satellite-based communication in video distribution, broadband accesses, and DTH. However, significant growth will be seen due to rising 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 in the region.

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