According to analysts at Vantage Market Research, the Transponder Market is expected to reach USD 6359 Million by 2028, growing at a CAGR of 7.36% from 2021 to 2028.
The improvement of 3D stations that devour higher data transmission and require half greater limit is relied upon to offer new thrust to the band transponders market. The Ku-Band is the C-band transponder that holds the largest market portion presently.
- The regenerative segment is projected to expand at the fastest CAGR exceeding 8% over the forecast period owing to the increasing adoption and growth in the Ka-band & KU-band services, technological up-gradation in the VSAT system and rising demand for HTS is driving the demands for transponder market.
- The commercial communications segment held a market share of around 5% in 2020. This share is due to the increasing innovations and government developments that are expected to augment the growth of the market during the forecast period.
- North America is expected to expand at a CAGR of over 9% from 2021 to 2028. This surge is attributed to the rising demand for transponder markets in developed economies such as U.S. and Canada.
The developing interest in new TV
stages and the rising number of video broadcasting supporters have driven the
specialist organizations to use satellite transponders to give start to finish
HD video transmission. Moreover, expanding reception paces of band frequencies
for information, video, and voice correspondences have emphatically affected
the market development.
Asia Pacific region is poised to record the highest CAGR, owing to the increasing demand in countries, such as India, China, and Japan, coupled with the growth of the region's overall transponder market. Because of the urgent requirement for secure satellite-based availability in video real-time, broadband gets to, and DTH, North America is projected to hold the biggest transponder piece of the pie. All things considered, significant development will be viewed because of expanding interest for, top quality (HD) to supplant standard definition (SD) contributions, the requirement for stable military and guard interchanges, and the growth in the transponder market.
Some of the key players in the Transponder Market include Thaicom Public Company Limited, Loral, Nilesat, SES, Sky Perfect Jsat Corporation, Hispasat, Turksat, Eutelsat, Intelsat, Arabsat., among others. The market is comprised of a high degree of competition due to the presence of numerous key players. Manufacturers are focusing on opting for various inorganic growth strategies such as acquisitions, mergers, and geographical expansion to leverage their market share and gain a competitive advantage.