Satellite transponders Market Examination and Industry Growth Till 2025 Which is Going to Change Industry Future | Arianespace SA, Thales Alenia Space, Airbus Group SE, Lockheed Martin, Loral Space and Communications
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Key Growth Factors:
The global market demand for satellite transponders is constantly increasing primarily due to the increase in growth of new subscribers for Ku-band frequencies. Ku-band frequency is primarily utilized for data, voice and video communications and thus is the most favored frequency. Additionally, the increasing adoption of Ka-band frequency for high-bandwidth broadcasting and communication has also positively impacted the growth of the satellite transponders market. Subscriber upgrades has been another driving factor for the growth of this market. The growth in application sectors such as maritime broadband, in-flight communications and machine to machine (M2M) have also been boosting the growth of satellite transponders market. The expected diversification and increase in applications in the coming years can be expected to further boost the market
The global satellite transponder market is segmented into bandwidth, service, application and region. On the basis of the bandwidth, the global market is segregated into Ku Band, K Band, C Band, Ka Band and others. Based on the service, the market is categorized into maintenance & support, leasing and others. On the basis of application, the market is divided into commercial communications, navigation, R&D, government communications, remote sensing, and others. Regionally, the market is diversified into regions such as Asia Pacific, North America, Europe, Latin America and the Middle East and Africa.
The region that is dominating the satellite transponder market is North America. This advancement in the market is owing to the early technological up gradation made in the satellite transponder technology. North American C-band video services segment is the major supplier for the commercial satellite transponder rental services. The evolving markets such as OTT TV services and 4K-UHD will drive the Ka-band transponders market. Other regions such as Asia Pacific and Europe are also contributing a good share in the satellite transponder market.
The key market players in the satellite transponder market include Arianespace SA, Thales Alenia Space, Airbus Group SE, Lockheed Martin, Loral Space and Communications, Inc., Eutelsat S.A., Intelsat S.A., Boeing Company, Orbital ATK, Inc., INVAP S.E. among others.
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