The market size of the space-based solar power market in North America grew from roughly 187.6 million U.S. dollars in 2021 to some 211 million U.S. dollars in 2023. In 2031, the North American Market is forecast to reach a market size of 382 billion U.S. dollars. In that same year, the global space-based solar market is expected to surpass one billion U.S. dollars in value. Space-based solar explores the possibility of collecting solar power through solar panels installed on space satellites.
More information about the global space-based solar market can be found here.
Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region
(in million U.S. dollars)
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Extrapolate. (March 6, 2024). Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. "Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars)." Chart. March 6, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. (2024). Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. "Market Size of The Space-based Solar Power Market Worldwide from 2021 to 2023, with a Forecast until 2031, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate, Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/ (last visited January 08, 2025)
Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) [Graph], Extrapolate, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/