According to research report "Satellite Transponder Market by Bandwidth (C-Band, Ku-Band, Ka-Band), by Application (Commercial Communications, Government, Remote Sensing, Navigation, R), by Service (Leasing, Maintenance & Support, Others), and by Region - Global Forecast to 2020", The global satellite transponder market is estimated to be USD 15.55 Billion in 2015, and is projected to reach USD 20.10 Billion by 2020 at a CAGR 5.3% from 2015 to 2020.
In the past 10 years, all areas in satellite communication have seen increased revenues and the market has witnessed some major changes on the economic and technological fronts.
Moreover, the rise in demand for various applications such as video conferencing, OTT (over-the-top) content , IPTV (internet protocol television), DTT (digital terrestrial television) platforms, broadband access, DTH (direct-to-home), meteorology, military surveillance, and others, has resulted in significant demand for advanced satellite transponders, in turn, stimulating the satellite transponder service market.North America has emerged as the leading region in terms of early technological advancements in satellite transponder technologyNorth America has been an extremely responsive market and witnessed various technological changes over a long period of time.
These evolving markets would drive demand for Ka-band transponders in the North America region as the Ka-band transponders eliminates rain attenuation to a great extent.Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=192170777Major players operating in the satellite transponder market include Eutelsat Communications S.A., Intelsat S.A., SES S.A., and Thaicom Public Company Limited, among others.The report provides market trends, overall adoption scenarios, and competitive landscape as well as key drivers, restraints, and opportunities in this market.
It aims to estimate the current size and future growth potential of this market across different bandwidth, services, application, and regions.
The scope of the report also covers analysis of strategies such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations among key vendors in the satellite transponder market.About MarketsandMarketsMarketsandMarkets is the world’s No.