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Global Space-Based Solar Power Market Research Report 2025
Published Date: March 2025
|
Report Code: QYRE-Auto-11A9850
Home | Market Reports | Business & Industrial| Energy & Utilities| Renewable & Alternative Energy
Global Space Based Solar Power Market Insights Forecast to 2028
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Global Space-Based Solar Power Market Research Report 2025

Code: QYRE-Auto-11A9850
Report
March 2025
Pages:69
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Space-Based Solar Power Market Size

The global market for Space-Based Solar Power was valued at US$ 115 million in the year 2024 and is projected to reach a revised size of US$ 330 million by 2031, growing at a CAGR of 16.5% during the forecast period.

Space-Based Solar Power Market

Space-Based Solar Power Market

Space-based solar power (SBSP, SSP) is the concept of collecting solar power in outer space by solar power satellites (SPS) and distributing it to Earth.
Global key players of Space-Based Solar Power include China Aerospace Science and Technology, Naval Research Laboratory, etc. China is one of the largest markets of Space-Based Solar Power. In terms of product, the Energy Harvesting Facility hold share of 50%.
This report aims to provide a comprehensive presentation of the global market for Space-Based Solar Power, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Space-Based Solar Power.
The Space-Based Solar Power market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Space-Based Solar Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Space-Based Solar Power companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Space-Based Solar Power Market Report

Report Metric Details
Report Name Space-Based Solar Power Market
Accounted market size in year US$ 115 million
Forecasted market size in 2031 US$ 330 million
CAGR 16.5%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Northrop Grumman, China Aerospace Science and Technology, Airbus, Naval Research Laboratory, Mitsubishi Electric
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Space-Based Solar Power company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Space-Based Solar Power Market growing?

Ans: The Space-Based Solar Power Market witnessing a CAGR of 16.5% during the forecast period 2025-2031.

What is the Space-Based Solar Power Market size in 2031?

Ans: The Space-Based Solar Power Market size in 2031 will be US$ 330 million.

What is the Space-Based Solar Power Market share by type?

Ans: In terms of product, the Energy Harvesting Facility hold share of 50%.

Who are the main players in the Space-Based Solar Power Market report?

Ans: The main players in the Space-Based Solar Power Market are Northrop Grumman, China Aerospace Science and Technology, Airbus, Naval Research Laboratory, Mitsubishi Electric

What are the Application segmentation covered in the Space-Based Solar Power Market report?

Ans: The Applications covered in the Space-Based Solar Power Market report are Aerospace, Clean Energy

What are the Type segmentation covered in the Space-Based Solar Power Market report?

Ans: The Types covered in the Space-Based Solar Power Market report are Energy Harvesting Facility, Energy Conversion Facility, Energy Transmission Facility

Recommended Reports

Space Solar Components

Space Energy Systems

Terrestrial Solar Solutions

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Space-Based Solar Power Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Energy Harvesting Facility
1.2.3 Energy Conversion Facility
1.2.4 Energy Transmission Facility
1.3 Market by Application
1.3.1 Global Space-Based Solar Power Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Aerospace
1.3.3 Clean Energy
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Space-Based Solar Power Market Perspective (2020-2031)
2.2 Global Space-Based Solar Power Growth Trends by Region
2.2.1 Global Space-Based Solar Power Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Space-Based Solar Power Historic Market Size by Region (2020-2025)
2.2.3 Space-Based Solar Power Forecasted Market Size by Region (2026-2031)
2.3 Space-Based Solar Power Market Dynamics
2.3.1 Space-Based Solar Power Industry Trends
2.3.2 Space-Based Solar Power Market Drivers
2.3.3 Space-Based Solar Power Market Challenges
2.3.4 Space-Based Solar Power Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Space-Based Solar Power Players by Revenue
3.1.1 Global Top Space-Based Solar Power Players by Revenue (2020-2025)
3.1.2 Global Space-Based Solar Power Revenue Market Share by Players (2020-2025)
3.2 Global Space-Based Solar Power Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Space-Based Solar Power Revenue
3.4 Global Space-Based Solar Power Market Concentration Ratio
3.4.1 Global Space-Based Solar Power Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Space-Based Solar Power Revenue in 2024
3.5 Global Key Players of Space-Based Solar Power Head office and Area Served
3.6 Global Key Players of Space-Based Solar Power, Product and Application
3.7 Global Key Players of Space-Based Solar Power, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Space-Based Solar Power Breakdown Data by Type
4.1 Global Space-Based Solar Power Historic Market Size by Type (2020-2025)
4.2 Global Space-Based Solar Power Forecasted Market Size by Type (2026-2031)
5 Space-Based Solar Power Breakdown Data by Application
5.1 Global Space-Based Solar Power Historic Market Size by Application (2020-2025)
5.2 Global Space-Based Solar Power Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Space-Based Solar Power Market Size (2020-2031)
6.2 North America Space-Based Solar Power Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Space-Based Solar Power Market Size by Country (2020-2025)
6.4 North America Space-Based Solar Power Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Space-Based Solar Power Market Size (2020-2031)
7.2 Europe Space-Based Solar Power Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Space-Based Solar Power Market Size by Country (2020-2025)
7.4 Europe Space-Based Solar Power Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Space-Based Solar Power Market Size (2020-2031)
8.2 Asia-Pacific Space-Based Solar Power Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Space-Based Solar Power Market Size by Region (2020-2025)
8.4 Asia-Pacific Space-Based Solar Power Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Space-Based Solar Power Market Size (2020-2031)
9.2 Latin America Space-Based Solar Power Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Space-Based Solar Power Market Size by Country (2020-2025)
9.4 Latin America Space-Based Solar Power Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Space-Based Solar Power Market Size (2020-2031)
10.2 Middle East & Africa Space-Based Solar Power Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Space-Based Solar Power Market Size by Country (2020-2025)
10.4 Middle East & Africa Space-Based Solar Power Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Northrop Grumman
11.1.1 Northrop Grumman Company Details
11.1.2 Northrop Grumman Business Overview
11.1.3 Northrop Grumman Space-Based Solar Power Introduction
11.1.4 Northrop Grumman Revenue in Space-Based Solar Power Business (2020-2025)
11.1.5 Northrop Grumman Recent Development
11.2 China Aerospace Science and Technology
11.2.1 China Aerospace Science and Technology Company Details
11.2.2 China Aerospace Science and Technology Business Overview
11.2.3 China Aerospace Science and Technology Space-Based Solar Power Introduction
11.2.4 China Aerospace Science and Technology Revenue in Space-Based Solar Power Business (2020-2025)
11.2.5 China Aerospace Science and Technology Recent Development
11.3 Airbus
11.3.1 Airbus Company Details
11.3.2 Airbus Business Overview
11.3.3 Airbus Space-Based Solar Power Introduction
11.3.4 Airbus Revenue in Space-Based Solar Power Business (2020-2025)
11.3.5 Airbus Recent Development
11.4 Naval Research Laboratory
11.4.1 Naval Research Laboratory Company Details
11.4.2 Naval Research Laboratory Business Overview
11.4.3 Naval Research Laboratory Space-Based Solar Power Introduction
11.4.4 Naval Research Laboratory Revenue in Space-Based Solar Power Business (2020-2025)
11.4.5 Naval Research Laboratory Recent Development
11.5 Mitsubishi Electric
11.5.1 Mitsubishi Electric Company Details
11.5.2 Mitsubishi Electric Business Overview
11.5.3 Mitsubishi Electric Space-Based Solar Power Introduction
11.5.4 Mitsubishi Electric Revenue in Space-Based Solar Power Business (2020-2025)
11.5.5 Mitsubishi Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global Space-Based Solar Power Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Energy Harvesting Facility
 Table 3. Key Players of Energy Conversion Facility
 Table 4. Key Players of Energy Transmission Facility
 Table 5. Global Space-Based Solar Power Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Space-Based Solar Power Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 7. Global Space-Based Solar Power Market Size by Region (2020-2025) & (US$ Million)
 Table 8. Global Space-Based Solar Power Market Share by Region (2020-2025)
 Table 9. Global Space-Based Solar Power Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 10. Global Space-Based Solar Power Market Share by Region (2026-2031)
 Table 11. Space-Based Solar Power Market Trends
 Table 12. Space-Based Solar Power Market Drivers
 Table 13. Space-Based Solar Power Market Challenges
 Table 14. Space-Based Solar Power Market Restraints
 Table 15. Global Space-Based Solar Power Revenue by Players (2020-2025) & (US$ Million)
 Table 16. Global Space-Based Solar Power Market Share by Players (2020-2025)
 Table 17. Global Top Space-Based Solar Power Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Space-Based Solar Power as of 2024)
 Table 18. Ranking of Global Top Space-Based Solar Power Companies by Revenue (US$ Million) in 2024
 Table 19. Global 5 Largest Players Market Share by Space-Based Solar Power Revenue (CR5 and HHI) & (2020-2025)
 Table 20. Global Key Players of Space-Based Solar Power, Headquarters and Area Served
 Table 21. Global Key Players of Space-Based Solar Power, Product and Application
 Table 22. Global Key Players of Space-Based Solar Power, Date of Enter into This Industry
 Table 23. Mergers & Acquisitions, Expansion Plans
 Table 24. Global Space-Based Solar Power Market Size by Type (2020-2025) & (US$ Million)
 Table 25. Global Space-Based Solar Power Revenue Market Share by Type (2020-2025)
 Table 26. Global Space-Based Solar Power Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 27. Global Space-Based Solar Power Revenue Market Share by Type (2026-2031)
 Table 28. Global Space-Based Solar Power Market Size by Application (2020-2025) & (US$ Million)
 Table 29. Global Space-Based Solar Power Revenue Market Share by Application (2020-2025)
 Table 30. Global Space-Based Solar Power Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 31. Global Space-Based Solar Power Revenue Market Share by Application (2026-2031)
 Table 32. North America Space-Based Solar Power Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 33. North America Space-Based Solar Power Market Size by Country (2020-2025) & (US$ Million)
 Table 34. North America Space-Based Solar Power Market Size by Country (2026-2031) & (US$ Million)
 Table 35. Europe Space-Based Solar Power Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. Europe Space-Based Solar Power Market Size by Country (2020-2025) & (US$ Million)
 Table 37. Europe Space-Based Solar Power Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Asia-Pacific Space-Based Solar Power Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Asia-Pacific Space-Based Solar Power Market Size by Region (2020-2025) & (US$ Million)
 Table 40. Asia-Pacific Space-Based Solar Power Market Size by Region (2026-2031) & (US$ Million)
 Table 41. Latin America Space-Based Solar Power Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Latin America Space-Based Solar Power Market Size by Country (2020-2025) & (US$ Million)
 Table 43. Latin America Space-Based Solar Power Market Size by Country (2026-2031) & (US$ Million)
 Table 44. Middle East & Africa Space-Based Solar Power Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Middle East & Africa Space-Based Solar Power Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Middle East & Africa Space-Based Solar Power Market Size by Country (2026-2031) & (US$ Million)
 Table 47. Northrop Grumman Company Details
 Table 48. Northrop Grumman Business Overview
 Table 49. Northrop Grumman Space-Based Solar Power Product
 Table 50. Northrop Grumman Revenue in Space-Based Solar Power Business (2020-2025) & (US$ Million)
 Table 51. Northrop Grumman Recent Development
 Table 52. China Aerospace Science and Technology Company Details
 Table 53. China Aerospace Science and Technology Business Overview
 Table 54. China Aerospace Science and Technology Space-Based Solar Power Product
 Table 55. China Aerospace Science and Technology Revenue in Space-Based Solar Power Business (2020-2025) & (US$ Million)
 Table 56. China Aerospace Science and Technology Recent Development
 Table 57. Airbus Company Details
 Table 58. Airbus Business Overview
 Table 59. Airbus Space-Based Solar Power Product
 Table 60. Airbus Revenue in Space-Based Solar Power Business (2020-2025) & (US$ Million)
 Table 61. Airbus Recent Development
 Table 62. Naval Research Laboratory Company Details
 Table 63. Naval Research Laboratory Business Overview
 Table 64. Naval Research Laboratory Space-Based Solar Power Product
 Table 65. Naval Research Laboratory Revenue in Space-Based Solar Power Business (2020-2025) & (US$ Million)
 Table 66. Naval Research Laboratory Recent Development
 Table 67. Mitsubishi Electric Company Details
 Table 68. Mitsubishi Electric Business Overview
 Table 69. Mitsubishi Electric Space-Based Solar Power Product
 Table 70. Mitsubishi Electric Revenue in Space-Based Solar Power Business (2020-2025) & (US$ Million)
 Table 71. Mitsubishi Electric Recent Development
 Table 72. Research Programs/Design for This Report
 Table 73. Key Data Information from Secondary Sources
 Table 74. Key Data Information from Primary Sources
 Table 75. Authors List of This Report


List of Figures
 Figure 1. Space-Based Solar Power Picture
 Figure 2. Global Space-Based Solar Power Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Space-Based Solar Power Market Share by Type: 2024 VS 2031
 Figure 4. Energy Harvesting Facility Features
 Figure 5. Energy Conversion Facility Features
 Figure 6. Energy Transmission Facility Features
 Figure 7. Global Space-Based Solar Power Market Size by Application (2020-2031) & (US$ Million)
 Figure 8. Global Space-Based Solar Power Market Share by Application: 2024 VS 2031
 Figure 9. Aerospace Case Studies
 Figure 10. Clean Energy Case Studies
 Figure 11. Space-Based Solar Power Report Years Considered
 Figure 12. Global Space-Based Solar Power Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 13. Global Space-Based Solar Power Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Space-Based Solar Power Market Share by Region: 2024 VS 2031
 Figure 15. Global Space-Based Solar Power Market Share by Players in 2024
 Figure 16. Global Top Space-Based Solar Power Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Space-Based Solar Power as of 2024)
 Figure 17. The Top 10 and 5 Players Market Share by Space-Based Solar Power Revenue in 2024
 Figure 18. North America Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 19. North America Space-Based Solar Power Market Share by Country (2020-2031)
 Figure 20. United States Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. Canada Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Europe Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe Space-Based Solar Power Market Share by Country (2020-2031)
 Figure 24. Germany Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. France Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. U.K. Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. Italy Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Russia Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Nordic Countries Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Asia-Pacific Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific Space-Based Solar Power Market Share by Region (2020-2031)
 Figure 32. China Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Japan Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. South Korea Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Southeast Asia Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. India Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Australia Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Latin America Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America Space-Based Solar Power Market Share by Country (2020-2031)
 Figure 40. Mexico Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Brazil Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Middle East & Africa Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa Space-Based Solar Power Market Share by Country (2020-2031)
 Figure 44. Turkey Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Saudi Arabia Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. UAE Space-Based Solar Power Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Northrop Grumman Revenue Growth Rate in Space-Based Solar Power Business (2020-2025)
 Figure 48. China Aerospace Science and Technology Revenue Growth Rate in Space-Based Solar Power Business (2020-2025)
 Figure 49. Airbus Revenue Growth Rate in Space-Based Solar Power Business (2020-2025)
 Figure 50. Naval Research Laboratory Revenue Growth Rate in Space-Based Solar Power Business (2020-2025)
 Figure 51. Mitsubishi Electric Revenue Growth Rate in Space-Based Solar Power Business (2020-2025)
 Figure 52. Bottom-up and Top-down Approaches for This Report
 Figure 53. Data Triangulation
 Figure 54. Key Executives Interviewed
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