The Global Satellite Transponder Market to Grow at a CAGR of 5% to 2022
Dublin, Ireland, January 2, 2019--A new report from Research and Markets predicts that the satellite transponder market will register a CAGR of more than 5% by 2022. The rising adoption of High Throughput Satellite (HTS) technology is one of the critical reasons expected to boost the satellite transponders market growth in the next five years.
The adoption of HTS using spot beam technology is increasing in commercial satellite communications, and in the recent past, HTS technology was widely used to provide broadband internet services to consumers and SMEs. Many ISPs have started launching HTS by integrating transponders that support Ku-band and Ka-band, and the demand for HTS services in North America, APAC, Latin America, and Africa is forecasted to reach two terabytes per second (TBps) by 2024 owing to growing demand from commercial satellite communication companies. The increasing demand for end-to-end HD video transmission will drive the satellite transponders market to grow at a CAGR of more than 5% during the forecast period.
The satellite transponders market is highly fragmented with the presence of several international and regional manufacturers who offer products for application in communication, EO, technology development, navigation, and space science. Many established satellite transponder manufacturers are vying for their share of the market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the manufacturers, this satellite transponder industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.
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https://www.researchandmarkets.com/publication/m2nudjf/4720659