Satellite transponder: Key market research findings
- Rising demand for HTS drives market growth
- Video applications segment accounts for a majority of the market’s revenue
- Key vendors – Eutelsat, Inmarsat, Intelsat, and SES
Technavio’s market research analysts predict the global satellite transponder market to grow at a CAGR of around 8% in terms of revenue between 2016 and 2020. The demand for satellite transponders in the market is primarily fueled by the rising demand for high throughput satellite (HTS). HTS makes use of many small spot beams distributed across a particular service area to link the satellite with small aperture earth stations at high data rates. During 2015, EMEA occupied 46% of the overall market space to become the dominant shareholder in the satellite transponder market. The increased demand for satellite TV in households, which require HD and UHD TV signals and an increase in demand from Western Europe and Africa are expected to boost growth in the satellite transponder market in EMEA during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the satellite transponder segments based on the application.
“The growing market for CubeSat is the latest trend in the global satellite transponder market. CubeSat is a miniaturized, cube-shaped satellite bus that is used for space research. It also enables dedicated earth observation (EO) missions that are accessible to scientific institutions and smaller organizations. Space agencies and satellite operators are looking to develop new means of communication system through the use of these satellites in the coming years,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The video applications segment held a market share of around 45% during 2015 to become the majority revenue generator in the global satellite transponder market. The increase in consumer demand for satellite TV and DTH, including HDTV and ultra-high-definition (UHD) TV, coupled with demand from service providers of feeder cables and IP network for digital terrestrial TV networks will propel growth in the satellite transponder market for video applications in the coming years.
The key vendors in the market include Eutelsat, Inmarsat, Intelsat, and SES. In this market, the demand and supply curve has shifted over the years. This market study expects the global satellite transponder market to be more elastic during the forecast period as the price of transponders is not a critical factor influencing the demand, but factors such as satellite launch/failure rates, fill rate, and throughput have high significance on the demand. Also, there is an increase in the demand and supply elasticity as the telecom operators develop their infrastructure as well as increase their global reach to bolster their revenue generating capacity.
A more detailed analysis is available in the Technavio report, Global Satellite Transponder Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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