Satellite Transponder Global Market to Reach $22.5 Billion by 2030:4K Channels to Drive Use of Transponders
DUBLIN, Feb. 21, 2023 /PRNewswire/ -- The "Satellite Transponder - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Satellite Transponder estimated at US$16.5 Billion in the year 2022, is projected to reach a revised size of US$22.5 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.
Broadcast, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$10.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Trunking segment is readjusted to a revised 4.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 3.7% CAGR
The Satellite Transponder market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 3.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
Select Competitors (Total 39 Featured) -
What`s New for 2023?
Key Topics Covered:
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/gaz154
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