Global Industry Analysts, Inc. released a global report on the Satellite Transponders market in which it examines the key drivers that trigger the market, projects future trends region wise and forecasts the extent of growth in the next few years.
According to the report, satellite transponders are essential elements in meeting major telecommunications service requirements and this is borne out by the fact that worldwide demand for C- and Ku-band Satellite Transponders is projected to reach 7,840 36-MHz TPEs by the year 2017.
Analysts attribute the strong growth potential to the rapidly expanding DTH, digital TV, UAV communications, consumer broadband and 3D markets and also to increased investment by government in military satellite navigation, positioning systems and space exploration.
Even the fact that digitalization and enhanced compression has resulted in lower transponder demand, the increase in digital satellite television and HDTV transmission due to low penetration of pay TV and bandwidth demanding applications has offset this to a great extent and will actually provide a new impetus to the satellite transponder market.
The report goes on to state that the communications services sector, especially cellular backhaul, consumer broadband Internet services, data and mobile telephony are all bound to increase the demand for transponders. Even the depressing economy worldwide is not expected to really dampen the global satellite transponder demand.
Asia Pacific will continue to dominate the regional market and its satellite industry will be buoyant despite gloomy economic conditions in some parts of the world. Transponder revenues are expected to increase further. In the Middle East and Africa, trunking applications are growing rapidly and consumer services are expected to experience higher growth, both of which will contribute to increased transponder demand.
In another news story, Global Industry Analysts announced the release of a comprehensive global report on Sensors market. World sensors market is forecast to reach US$76.7 billion by the year 2017. Technological refinements in terms of improved efficiency and performance will re-emerge to drive growth in the marketplace stimulating the world market for sensors in the post-recession period. Mini Swamy is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.
Edited by Rich Steeves