Growing demand for DTT, broadcast, and DTH from end users propels the growth of the Satellite Transponder Market. The satellite broadband has provided end users the ability to access internet everywhere.
According to MarketIntelReports' “Global Satellite Transponder Market Research Report 2017”:
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Vendors are now bent on providing the consumers with many services. Eg. 4G mobile broadband connectivity allows the users to access the internet at great speeds.
The satellite dish transponder is used in the broadband access. Hence, DTH and DTT allow a station to send a signal to another station.
The demand for such services boosts the growth of the satellite transponder list. Manufacturers of satellites are now concentrating on their payloads with compact design to meet the demands of the customer.
Scope & Regional Forecast of the Satellite Transponder Market
The communication segment occupied a major share of the Satellite Transponder Market during 2016. Growing demand for satellite transmission for different communication applications like machine to machine communication, inflight communication, and maritime broadband contribute to the growth of the market.
EMEA region dominated the market during 2015. The trend is expected to continue and can contribute more revenue for the satellite dish providers by the end of 2020.
The growing demand for the free dish satellite from Western Europe and Africa boosts the growth of the market.
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The demand for transponder leasing has been changing over the years. Telecom operators develop their infrastructure and there is a demand for elasticity in the products.
This enhances the revenue generating capacity of the industry. The Ku band segment occupies a major share of the market due to the demand for fixed satellites and broadcast satellites.
Ku band is employed in data relay in the International Space Station Communications.
Segmentations & Key Players Involved in the Satellite Transponder Market
The Satellite Transponder Market can be broken down into various segments as follows:
- Region- North America, Europe and Asia-Pacific.
Some of the key players involved in the Satellite Transponder Market are as follows:
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