The global space-based solar power market size reached roughly 524 million U.S. dollars in 2023 and is expected to surpass one billion U.S. dollars by 2031. Microwave transmitting solar satellites are expected to account for the largest share of the market. 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 type
(in million U.S. dollars)
Characteristic
Microwave transmitting solar satelite
Laser transmitting solar satelite
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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 type (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/
Extrapolate. "Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by type (in million U.S. dollars)." Chart. March 6, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/
Extrapolate. (2024). Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/
Extrapolate. "Market Size of The Space-based Solar Power Market Worldwide from 2021 to 2023, with a Forecast until 2031, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/
Extrapolate, Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/ (last visited August 24, 2024)
Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by type (in million U.S. dollars) [Graph], Extrapolate, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1455942/global-space-based-solar-power-market-size-by-technology-forecast/