Global Space Solar Panel and Array Market Research Report 2025

Publication ID:

PB503255958

Publication Date:

April 1, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Electricity [2]

Energy & Utilities [3]

Description:

The global market for Space Solar Panel and Array was valued at US$ 275 million in the year 2024 and is projected to reach a revised size of US$ 869 million by 2031, growing at a CAGR of 18.1% during the forecast period.
Solar power generation is the predominant method of power generation on small spacecraft. As of 2020, approximately 85% of all nanosatellite form factor spacecraft were equipped with solar panels and rechargeable batteries. Limitations to solar cell use include diminished efficacy in deep-space applications, no generation during eclipse periods, degradation over mission lifetime (due to aging and radiation), high surface area, mass, and cost. In order to pack more solar cells into limited volume in SmallSats and NanoSats, mechanical deployment mechanisms can be added, which may increase spacecraft design complexity, reliability, as well as risks. Photovoltaic cells, or solar cells, are made from thin semiconductor wafers that produce electric current when exposed to light. The light available to a spacecraft solar array, also called solar intensity, varies as the inverse square of the distance from the Sun. The projected surface area of the panels exposed to the Sun also affects generation, and varies as a cosine of the angle between said panel and the Sun.While single junction cells are cheap to manufacture, they carry a relatively low efficiency, usually less than 20%, and are not included in this report. Modern spacecraft designers favor multi-junction solar cells made from multiple layers of light-absorbing materials that efficiently convert specific wavelength regions of the solar spectrum into energy, thereby using a wider spectrum of solar radiation.The Space Solar Panel and Array industry can be broken down into several segments, Space Solar Panel, Space Solar Array, etc.
Global key players of Space Solar Panel and Array are SolAero Technologies, Spectrolab, DHV Technology, GomSpace, ISISPACE, etc. Among them, SolAero Technologies is the biggest manufacturer with a share of over 50%. North America is the largest market who makes up a share of over 50%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Space Solar Panel and Array, 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 Solar Panel and Array.
The Space Solar Panel and Array market size, estimations, and forecasts are provided in terms of output/shipments (KW) 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 Solar Panel and Array 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 Solar Panel and Array manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SolAero Technologies
Spectrolab
DHV Technology
GomSpace
ISISPACE
NanoAvionics
MMA Design
Pumpkin
by Type
Space Solar Panel
Space Solar Array
by Application
Large Spacecraft
Small Spacecraft
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, 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: Detailed analysis of Space Solar Panel and Array manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Space Solar Panel and Array by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Space Solar Panel and Array in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Space Solar Panel and Array Market Overview
1.1 Product Definition
1.2 Space Solar Panel and Array by Type
1.2.1 Global Space Solar Panel and Array Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Space Solar Panel
1.2.3 Space Solar Array
1.3 Space Solar Panel and Array by Application
1.3.1 Global Space Solar Panel and Array Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Large Spacecraft
1.3.3 Small Spacecraft
1.4 Global Market Growth Prospects
1.4.1 Global Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Space Solar Panel and Array Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Space Solar Panel and Array Production Estimates and Forecasts (2020-2031)
1.4.4 Global Space Solar Panel and Array Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Space Solar Panel and Array Production Market Share by Manufacturers (2020-2025)
2.2 Global Space Solar Panel and Array Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Space Solar Panel and Array, Industry Ranking, 2023 VS 2024
2.4 Global Space Solar Panel and Array Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Space Solar Panel and Array Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Space Solar Panel and Array, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Space Solar Panel and Array, Product Offered and Application
2.8 Global Key Manufacturers of Space Solar Panel and Array, Date of Enter into This Industry
2.9 Space Solar Panel and Array Market Competitive Situation and Trends
2.9.1 Space Solar Panel and Array Market Concentration Rate
2.9.2 Global 5 and 10 Largest Space Solar Panel and Array Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Space Solar Panel and Array Production by Region
3.1 Global Space Solar Panel and Array Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Space Solar Panel and Array Production Value by Region (2020-2031)
3.2.1 Global Space Solar Panel and Array Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Space Solar Panel and Array by Region (2026-2031)
3.3 Global Space Solar Panel and Array Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Space Solar Panel and Array Production Volume by Region (2020-2031)
3.4.1 Global Space Solar Panel and Array Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Space Solar Panel and Array by Region (2026-2031)
3.5 Global Space Solar Panel and Array Market Price Analysis by Region (2020-2025)
3.6 Global Space Solar Panel and Array Production and Value, Year-over-Year Growth
3.6.1 North America Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
4 Space Solar Panel and Array Consumption by Region
4.1 Global Space Solar Panel and Array Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Space Solar Panel and Array Consumption by Region (2020-2031)
4.2.1 Global Space Solar Panel and Array Consumption by Region (2020-2025)
4.2.2 Global Space Solar Panel and Array Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Space Solar Panel and Array Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Space Solar Panel and Array Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Space Solar Panel and Array Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Space Solar Panel and Array Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Space Solar Panel and Array Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Space Solar Panel and Array Production by Type (2020-2031)
5.1.1 Global Space Solar Panel and Array Production by Type (2020-2025)
5.1.2 Global Space Solar Panel and Array Production by Type (2026-2031)
5.1.3 Global Space Solar Panel and Array Production Market Share by Type (2020-2031)
5.2 Global Space Solar Panel and Array Production Value by Type (2020-2031)
5.2.1 Global Space Solar Panel and Array Production Value by Type (2020-2025)
5.2.2 Global Space Solar Panel and Array Production Value by Type (2026-2031)
5.2.3 Global Space Solar Panel and Array Production Value Market Share by Type (2020-2031)
5.3 Global Space Solar Panel and Array Price by Type (2020-2031)
6 Segment by Application
6.1 Global Space Solar Panel and Array Production by Application (2020-2031)
6.1.1 Global Space Solar Panel and Array Production by Application (2020-2025)
6.1.2 Global Space Solar Panel and Array Production by Application (2026-2031)
6.1.3 Global Space Solar Panel and Array Production Market Share by Application (2020-2031)
6.2 Global Space Solar Panel and Array Production Value by Application (2020-2031)
6.2.1 Global Space Solar Panel and Array Production Value by Application (2020-2025)
6.2.2 Global Space Solar Panel and Array Production Value by Application (2026-2031)
6.2.3 Global Space Solar Panel and Array Production Value Market Share by Application (2020-2031)
6.3 Global Space Solar Panel and Array Price by Application (2020-2031)
7 Key Companies Profiled
7.1 SolAero Technologies
7.1.1 SolAero Technologies Space Solar Panel and Array Company Information
7.1.2 SolAero Technologies Space Solar Panel and Array Product Portfolio
7.1.3 SolAero Technologies Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.1.4 SolAero Technologies Main Business and Markets Served
7.1.5 SolAero Technologies Recent Developments/Updates
7.2 Spectrolab
7.2.1 Spectrolab Space Solar Panel and Array Company Information
7.2.2 Spectrolab Space Solar Panel and Array Product Portfolio
7.2.3 Spectrolab Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Spectrolab Main Business and Markets Served
7.2.5 Spectrolab Recent Developments/Updates
7.3 DHV Technology
7.3.1 DHV Technology Space Solar Panel and Array Company Information
7.3.2 DHV Technology Space Solar Panel and Array Product Portfolio
7.3.3 DHV Technology Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.3.4 DHV Technology Main Business and Markets Served
7.3.5 DHV Technology Recent Developments/Updates
7.4 GomSpace
7.4.1 GomSpace Space Solar Panel and Array Company Information
7.4.2 GomSpace Space Solar Panel and Array Product Portfolio
7.4.3 GomSpace Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.4.4 GomSpace Main Business and Markets Served
7.4.5 GomSpace Recent Developments/Updates
7.5 ISISPACE
7.5.1 ISISPACE Space Solar Panel and Array Company Information
7.5.2 ISISPACE Space Solar Panel and Array Product Portfolio
7.5.3 ISISPACE Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.5.4 ISISPACE Main Business and Markets Served
7.5.5 ISISPACE Recent Developments/Updates
7.6 NanoAvionics
7.6.1 NanoAvionics Space Solar Panel and Array Company Information
7.6.2 NanoAvionics Space Solar Panel and Array Product Portfolio
7.6.3 NanoAvionics Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.6.4 NanoAvionics Main Business and Markets Served
7.6.5 NanoAvionics Recent Developments/Updates
7.7 MMA Design
7.7.1 MMA Design Space Solar Panel and Array Company Information
7.7.2 MMA Design Space Solar Panel and Array Product Portfolio
7.7.3 MMA Design Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.7.4 MMA Design Main Business and Markets Served
7.7.5 MMA Design Recent Developments/Updates
7.8 Pumpkin
7.8.1 Pumpkin Space Solar Panel and Array Company Information
7.8.2 Pumpkin Space Solar Panel and Array Product Portfolio
7.8.3 Pumpkin Space Solar Panel and Array Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Pumpkin Main Business and Markets Served
7.8.5 Pumpkin Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Space Solar Panel and Array Industry Chain Analysis
8.2 Space Solar Panel and Array Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Space Solar Panel and Array Production Mode & Process Analysis
8.4 Space Solar Panel and Array Sales and Marketing
8.4.1 Space Solar Panel and Array Sales Channels
8.4.2 Space Solar Panel and Array Distributors
8.5 Space Solar Panel and Array Customer Analysis
9 Space Solar Panel and Array Market Dynamics
9.1 Space Solar Panel and Array Industry Trends
9.2 Space Solar Panel and Array Market Drivers
9.3 Space Solar Panel and Array Market Challenges
9.4 Space Solar Panel and Array Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Companies Mentioned:

SolAero Technologies
Spectrolab
DHV Technology
GomSpace
ISISPACE
NanoAvionics
MMA Design
Pumpkin

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