NEW YORK, Feb. 8, 2016 /PRNewswire/ -- The satellite transponders market continues to grow in capability and coverage as Ku- and Ka-band frequencies continue to drive growth in terms of new subscribers and subscriber upgrades. These technologies are also driving new applications and use cases, as satellite communications are now capable of rivaling DSL broadband technology in performance. The study provides an overview of the global transponders market with solid market forecasts and related discussions; the report includes both global and regional market forecasts. It also provides a detailed regional analysis, along with the market drivers and restraints and technology trends.
The satellite transponders market is expected to experience a modest growth globally from 2014 to 2020 at a CAGR of %.
- New and high-growth applications, such as in-flight communications, machine-to-machine (M2M), and maritime broadband, will continue to drive growth for this market.
- Regions that have both a growing economy and a lack of existing infrastructure will be prime candidates for satellite services. These regions are typically reliant on manufacturing, mining, or oil and gas drilling and exploration for revenue.
- The US government and military has decreased activities substantially over the past five years, and will not be a source of significant growth for the satellite industry.
- However, the US government will remain the largest single source for satellite transponder leasing revenue. This is due to its decreasing reliance on internally owned and operated satellites and the need to maintain a global network for communications and information gathering.
- The Middle East and Latin America will remain the highest growth regions for satellite transponder services. Despite this, all regions are expected to surpass $ million in revenue by 2020.
- Ka-Band is expected to continue to grow in importance and coverage during the forecast period. However, it is unlikely to surpass Ku-Band satellite services in terms of revenue by 2020. This is due to existing Ku-Band specific hardware and the typically slow upgrade cycles of satellite services clients.
Read the full report: http://www.reportlinker.com/p03176856-summary/view-report.html
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