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Satellite Transponder Market Size, Share and Trends Estimation Report By Type Outlooks(C BandKu Band,Ka BandK Band),By Application(Commercial Communications,Government Communications,Navigation,Remote Sensing R&D),By End User(Media and Broadcasting,Data and Telecoms),By Service(Leasing,Maintenance and Support,Others),By Region and Forecasts 2022 to 2030
Market Overview
The Satellite Transponder Market Was Valued At $12.50 billion In 2022 And Is Expected To Expand $17.76billion By 2030 at a CAGR Of 4.1% From 2022 To 2030.A satellite transponder is a chip-sized circuit integrated into a satellite to deliver uplink data downlink or downlink data uplink, or vice versa. Because there are more satellites in space and more advanced means to broadcast channels, the global satellite transponder market is expanding. As the Internet grows around the world, everyone needs a broadband link to get the information they need. The telecoms business wants to rent out more transponders so that high-speed Internet can reach even the most remote places on Earth.The global Satellite Transponder market is a professional and accurate study of different business views, such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global study report has been put together based on the different global market segments and subsegments.
Market Dynamics
The satellite transponder market is growing because of new, low-cost satellite technology and the need for information services all over the world. But competition from transport networks that use fiber-optic cables and the need to spend a lot of money on capital could slow the growth of the satellite transponder market. Also, the demand for high-throughput satellites (HTS) and high-data-rate applications, as well as the growing and changing need for connectivity in maritime and airborne networks, is expected to give the satellite transponder business a lot of opportunities.
Drivers
Demand growth for satellite communication and earth observation
Satellite communication is a form of modern communication in which man-made satellites connect different places on Earth. It is an important part of business continuity and emergency management in many fields, such as oil and gas, Internet of Things (IoT), healthcare, government, maritime, mining, and others. Satellite transmissions also have many uses in business, government, and the military. The Earth Observation (EO) satellites are made to watch over the planet. It helps keep an eye on the environment and resources, protect and manage them, and warn about big natural disasters.
Also, satellite communication gives important knowledge about oceans and landmasses that haven't been explored yet. Artificial satellites are being used in more and more businesses. This means that satellite transponders need to be able to receive signals at different frequencies and send information back to the earth station. So, the growth of the market is likely to be driven by the rise in demand for satellite transmission.
Increase the number of miniature satellites orbiting the earth.
The market for small satellites is rising very quickly because people all over the world want to use them for imaging, navigation, and communication. Small rocket start-ups want to get into the market because there is a lot of interest in putting small satellites into space for different uses. United Launch Alliance says that there are around 120 start-ups for micro launchers. Micro launchers are small rockets that can send one or more small satellites into space. This segment's rapid growth is due to technological improvements in satellite parts like transponders, antennae, and cameras, which have made it possible to make many devices and pieces of equipment smaller. This process, called "miniaturization," has affected both the satellite industry and the space industry. Miniaturized satellites are replacing big, heavy satellites because they are small, cost less to make, and have better quality. This has led to more small satellites being put into space. The rise in small satellites has been good for the market because these small satellites have small but strong transponder systems.
Opportunity
Technological advancements in satellite transponder
Communication satellites are getting smarter and more complicated as the need for connectivity and improved channel broadcasting grows. The progress in satellite receiver technology has been a big part of how satellites have changed over time. A communications satellite transponder is made up of a bunch of small, chip-sized circuits that work together to create a way for the receiving and sending receivers to talk to each other. These circuits are built into satellites so that they can send power and bandwidth over specific radio bands. The bandwidth and power of the transponder decide how much information can be sent through it and how big the equipment on the ground must be to receive the signal. Because satellite receiver technology has improved, data can now be compressed and sent to more than one place at once. On a single wideband carrier, more than one video and audio feed can be sent through a single transponder. Because of this, the company that makes satellites has been able to come up with new ideas and improve the qualities of satellite transponders, which is good for the market.
Restraint
Exorbitant fees associated with satellite launch and transponder leasing
As technology gets better and more companies enter the market for satellite launch services, prices for launch services must go down. But that's not true, because sending a satellite into space is not an easy thing to do. Global COM estimates that the cost of launching a single traditional satellite is between USD 50 million and USD 400 million, based on the nature and type of the satellite. Launching a space shuttle mission can cost up to $500 million, but one mission can carry and put into orbit several satellites. Costs can be cut by up to USD 30 million with the help of new technology and reused rocket launch vehicles. So, if the rocket is used more than once, it only costs USD 30 million per flight instead of USD 100 million per flight. Still, this is a bigger price tag for satellite launch services. The high cost of satellite launch services has a direct effect on both the launch of the satellite and the market for satellite parts in the region. Many area players need help from the government or big players in the satellite market to get the money they need to use satellite launch services. This could make less people want to buy satellite components, which would hurt the market.
Impact of COVID-19 on the Global Market for Satellite Transponders
The COVID-19 pandemic has had some bad effects on the world market for satellite transponders. The global satellite transponder market is projected to grow thanks to more money from the government for satellite development and the space industry, as well as improvements in satellite transponder technology. The market is likely to grow even more as market players form more partnerships, buy each other out, and work together, and as the demand for Ku-band services rises. Also, there has been a lot of growth since the market opened after COVID-19, and a lot more growth is expected in the field. Multiple research and development projects are being done by market players to improve the technology behind the product. With this, the companies will make the market better and more advanced.
Global Satellite Transponder Market Scope
The global market for satellite transponders is divided into different groups based on service, type, amplifier type, capacity, application, end user, and other factors. The growth of these segments will help you analyze industries with slow growth and give users a valuable overview of the market and market insights that will help them make strategic decisions about finding core market applications.
Market Segmentation
A device for communicating wirelessly that is usually linked to a satellite. A transponder can both receive and send radio messages in a certain frequency range. After getting the signal, a tracker will send it out at a different frequency at the same time. The word comes from the words "transmitter" and "responder." Transponders are used in satellite communications, as well as in systems and methods for locating, identifying, and navigating.
On The Basis of Type
Based on type, the world market is divided into C band, Ku-band, Ka-band, K band, and others. In 2021, the C band section brought in the most money for the market. Due to the need for stable and long-lasting connections that aren't likely to be broken by things like weather and environmental conditions, more C band is being installed in corporate offices and schools, which is helping to drive revenue growth in this area. Also, because C band has a wide range of coverage, there is a growing demand for it in business, which is expected to drive revenue growth in the market.
Over the next few years, the Ku-band segment is projected to grow at a fairly high rate. This is because Ku bands are used to allow communication from far away places, like the International Space Station, and also in 5G network technologies. Ku band is mostly used for data, video, and voice communications, and it is becoming more popular as the need for high-data apps and connections grows. This is likely to speed up the rate of sales growth for the segment.
On The Basis of Service
The world market has been divided into leasing, maintenance and support, and other services. In 2021, leasing services brought in the most money for the market. Due to changes in the law and the freedom they offer, leasing services are expected to keep bringing in money for the market over the next few years. Satellites are usually expensive because they require a lot of money up front. This makes them out of reach for many companies. Most of the time, domestic DTH companies can only use satellites that were ordered by their own space agencies or space rented from foreign satellites by the state-run agency. New technologies are making it cheaper to make the parts that go into making satellites. This is cutting lease costs and boosting revenue growth in this market. Due to changes in the law and the flexibility of leasing services, the leasing category brought in the most money in 2021. It is also expected to have a faster revenue CAGR during the forecast period. Satellites are usually expensive because they require a lot of money up front. This makes them out of reach for many companies. Most of the time, domestic DTH companies can only use satellites that were ordered by their own space agencies or space rented from foreign satellites by the state-run agency. As technology improves, the cost of making the parts that go into satellites goes down. This makes satellites cheaper to rent and helps this market grow its income.
On The Basis of Application
Based on how they are used, the global market is divided into business communications, government communications, navigation, remote sensing, Research and Development (R&D), and others. In 2021, the segment of business communications brought in the most money. This category is expected to bring in more money because of the development of new satellite technologies that don't cost as much, the growing need for communication services, and the availability of efficient and useful technological solutions. Over the next few years, the navigation segment is likely to grow at a steady rate. GPS guidance is now a normal part of life. A satellite guidance system is a network of man-made satellites that can tell you exactly where you are on Earth. This is a very accurate way for small electrical receivers to figure out their location, including their latitude, longitude, and height above mean sea level. This makes it easy to find even the most remote places quickly, which has increased the need for better guidance systems and helped the global market grow. Positioning in real time and synchronizing time are the most important parts of satellite guidance. So, wide-area augmentation systems should be stressed because they allow for big gains in accuracy and integrity. This, in turn, drives the market for transponders and calls for better satellite transponders to be made from a technical standpoint.
Regional Insights
Different parts of the world, such as North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India, have looked at the worldwide Satellite Transponder market. In the near future, the world Satellite Transponder area will be the most important part of this market.
People who want to watch TV for fun are drawn to the area because satellite providers can safely offer 4K-UHD and OTT TV. In turn, this is likely to increase sales at the local market.
With the release of several new telecom services, the Asia-Pacific market is expected to see steady growth in income. Also, more people in the area use iPhones now that they are getting cheaper. This makes the need for better ways to talk more important. Also, governments in the area are trying to let private companies build satellites and make it easier for them to get licenses so that their businesses can grow. This is causing a big rise in investments, which is likely to lead to a rise in market sales.
In Europe, the satellite device market made the second most money in 2021. The European market is growing steadily because more people want to watch media and entertainment programs and because the area has a strong telecom infrastructure.
Scope of The Report
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 4.1% from 2023 to 2030 |
By Type |
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By Application |
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By End User |
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By Companies |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope |
6-month post-sale analyst assistance. 10% Free Customization and 15 Company Profiles in addition to the ones specified |
Key Players
ISRO, NEC Corporation, EUTELSAT COMMUNICATIONS SA, Intelsat, SES S.A., Thaicom Public Company Limited., SKY Perfect JSAT Corporation, Embratel Star One, Singtel, Telesat, Hispasat, Arabsat, Arianespace, AIRBUS, Boeing, Lockheed Martin Corporation, Loral Space & Communications, INVAP, Northrop Grumman, Russian Satellite Communications Company & others
NEC Corporation
With its brand slogan "Orchestrating a brighter world," NEC Corporation has made a name for itself as a leader in combining IT and network technologies. NEC helps businesses and communities adapt to the fast changes in society and the market. It accomplishes this through supporting societal ideals like as safety, security, fairness, and efficiency in order to build a more sustainable world in which everyone has the opportunity to fulfill their full potential. Visit NEC at http://www.nec.com to find out more.
EUTELSAT COMMUNICATIONS SA
They are a worldwide satellite operator that is fostering a rapidly evolving digital society and enabling everyone to be connected. They assist clients in the Video, Data, Government, Fixed, and Mobile Broadband markets in successfully communicating with their customers, no matter where they are, using their worldwide fleet of satellites and the ground infrastructure that supports them. Our 1,000 professionals in more than 20 locations across the world all have the same goal: to help customers on land, sea, and air make the most of digital services.
Specialties: Satellite operator
Intelsat
Intelsat is the company that invented satellite technology. It runs the world's biggest and most advanced satellite fleet and the infrastructure for connecting to satellites. No matter how hard the problem is, they use their unmatched expertise and global reach to connect people, companies, and communities. Intelsat is in a unique situation to help their customers make their dreams come true.
Specialties: Media and Network Services, Satellite Services, and Telecommunications Services
Thaicom Public Company Limited
Since 1991, Thaicom has been one of the top satellite operators in Asia and a major provider of integrated satellite communications. Thaicom is a reliable partner for many of the region's leading broadcasters, telecom carriers, businesses, and governments. It offers a full range of satellite communications services to help its customers grow their markets in the digital age.
Satellite Operator and Service Provider, Turnkey Services, Telecommunication Service Provider, Teleport Services, and Video and Audio Broadcasting Services are some of the things that this company does well.
Arabsat
Arabsat was created in 1976 by the 21 countries that make up the Arab League. For more than 40 years, it has been meeting the growing needs of the Arab world from its headquarters in Riyadh, Saudi Arabia, and from two satellite control posts in Riyadh and Tunis.
Recent Development
- L3Harris Technologies Inc. said in August 2021 that the company's Mars Sample Return (MSR) program will collect samples from Mars. The Mars mission has two L3Harris transponders and is made to be flexible so that it can end as planned. This move helped the company become well-known in the global satellite receiver market.
- In October 2020, EUTELSAT COMMUNICATIONS SA stated that EUTELSAT 65 West A was being used by 1Sat Telecomunicacoes to start the DTH service in Brazil. Since the satellite has high-capacity transponders, this has made the company even more dominant in the satellite transponder market.
Market Segmentation
On the Basis of Type:
- C BandKu Band
- Ka BandK Band
On the Basis of Application:
- Commercial Communications
- Government Communications
- Navigation
- Remote Sensing R&D
By end use:
- Media and Broadcasting
- Data and Telecoms
By Service:
- Leasing
- Maintenance and Support
- Others
The regions are subdivided into the following countries:
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Conclusion
The global Satellite Transponder Market was valued USD 12.50 billion in 2021, and it is expected to increase at a CAGR of 4.1% between 2022 and 2030. The global Satellite Transponder market is a professional and accurate study of different business views, such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global study report has been put together based on the different global market segments and subsegments. Based on type, the world market is divided into C band, Ku-band, Ka-band, K band, and others. Based on how they are used, the global market is divided into business communications, government communications, navigation, remote sensing, Research and Development (R&D), and others. The global Satellite Transponder market has been looked at in different parts of the world, including North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India.