Satellite Transponders Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

The term satellite transponder refers collectively to a transmitter-responder subsystem onboard the satellite that processes, amplifies, and retransmits a range of frequencies to another location or terminal on the earth. The transponder performs mainly two functions these are amplifying the received input signal and translating the frequency of the received signal. Usually, different frequency values are chosen for both uplink and downlink in order to avoid interference between the transmitted and received signals. The need for specialized satellites is extreme, governments have been using satellites for defense, communication, navigation, weather forecasting, climate & environmental monitoring, remote sensing, and spying purposes. Moreover, the demand for satellites is going to increase because governments and even private companies are trying to create more advanced satellites to enhance their forecasting, communication, remote sensing, and defense capabilities.

According to UnivDatos Market Insights (UMI)’ research report “Satellite Transponders Market”, The satellite transponders market stood at around USD 19 billion in 2020 and is likely to grow at a CAGR of ~5% during the forecast period. This can be mainly attributed to the rising demand for high data rates coupled with the growing internet penetration rate and increasing high-data-rate applications.

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Based on Service, the market is categorized into leasing, maintenance & support, and others. The leasing segment held the prominent revenue share in 2020 and is expected to register a robust CAGR during the forecast period, which can be accredited to legislative improvement and the flexibility provided by leasing companies. Generally, satellites are quite expensive due to the equipment and materials used to build them, which makes them overpriced to most companies. However, space agencies all around the globe allow domestic DTH operators to use only satellites commissioned by their specific space agencies. Technological advancements in the reduction of the input cost of satellite manufacturing result in the reduction of leasing expenses is expected to drive the revenue growth of this segment.

Based on Application, the satellite transponders market has been divided into commercial communications, government communications, navigation, remote sensing, and others. Among these, the commercial communications segment held a prominent share in 2020 and will continue to grow at a steady rate during the forecast period. The revenue growth of this segment is driven by the development of new cost-effective satellite technologies, increasing demand for telecommunications services, and the availability of adept and practicable technological solutions.

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Asia-Pacific is expected to witness robust growth

For a better understanding of the market adoption of the satellite transponders industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of APAC), and Rest of World. During the forecast period, APAC is expected to have the robust CAGR due to the growing emphasis on space research. It is expected that India might become a major player globally in the small satellite market, as the Indian Space Research Organization (ISRO) intend to offload most of its space-related activities to the industry and focuses more on advanced research. Furthermore, Indian private and government research organizations are building up to 75 satellites, that are expected to be launched by ISRO rockets between August 2022 and 2023.

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According to ‘UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Satellite Transponders Market include SES S.A., The Arab Satellite Communications Organization, Eutelsat Communications S.A., Intelsat S.A., Embratel Star One, Thaicom Public Company Limited, Sky Group Limited, Singapore Telecommunications Limited, Telesat Corporation, and Hispasat S.A. These companies are taking various strategic decisions to enhance their market performance and increase their market share. For instance:

·        In March 2022, SES S.A. and CANAL+ has expanded their partnership with a long-term agreement for uplink services for CANAL+’s French Pay-Tv channel bouquet at 19.2 degrees East.

·        In February 2022, SES S.A. and Reliance Jio Infocomm Limited have announced their partnership in February 2022. They will use multi-orbit space networks, a combination of geostationary and medium earth orbit satellite constellations capable of delivering multi-gigabit links and capacity to enterprises, mobile backhaul, and retail customers

“Satellite Transponders Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.      By Bandwidth (C Band, Ku Band, Ka Band, K Band, and Others)

2.      By Service (Leasing, Maintenance and Support, and Others)

3.      By Application (Commercial Communications, Government Communications, Navigation, Remote Sensing, and Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of World)

5.      By Company (SES S.A., The Arab Satellite Communications Organization, Eutelsat Communications S.A., Intelsat S.A., Embratel Star One, Thaicom Public Company Limited, Sky Group Limited, Singapore Telecommunications Limited, Telesat Corporation, and Hispasat S.A.)

Key questions answered in the study:

1.      What are the current and future trends of the satellite transponders industry?

2.      How the industry has been evolving in terms of bandwidth, service, and application category?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the satellite transponders industry?

5.      What are the customer orientation, purchase behavior, and expectations from the satellite transponders product suppliers across various countries?