emergenApril 18, 2021
The global Satellite Transponder Market is forecasted to grow at a rate of 5.8%, from USD 20.4 Billion in 2019 to USD 24.5 Billion in 2027. The increasing need and trend for advanced channel broadcasting, technologies, consumer broadband, and in-flight communication are anticipated to propel the growth of the market over the projected timeline. Growth and demand for KU and KA band services that diminished weather disruptions have also contributed to the growth of the market. KU band is majorly used for data, video, and voice communications.
Satellite transponders are small chip-sized circuits incorporated into the satellites for transmitting and receiving uplink signals. It refers to a subsystem of the space segment, which essentially provides an efficient link that connects a satellite’s antennas. This series of interconnected units form a communication channel and acts as a transmitter and responder. The transponder assists in amplifying the received signal and translating the signals’ frequency.