Space Solar Panel and Array Industry Research Report 2025

Summary

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.

According to APO Research, The global Space Solar Panel and Array market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Space Solar Panel and Array is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Space Solar Panel and Array is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Space Solar Panel and Array is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Space Solar Panel and Array include etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

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 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, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Space Solar Panel and Array market size, estimations, and forecasts are provided in terms of sales volume (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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Space Solar Panel and Array Segment by Company

SolAero Technologies
Spectrolab
DHV Technology
GomSpace
ISISPACE
NanoAvionics
MMA Design
Pumpkin
Space Solar Panel and Array Segment by Type

Space Solar Panel
Space Solar Array
Space Solar Panel and Array Segment by Application

Large Spacecraft
Small Spacecraft
Space Solar Panel and Array Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Space Solar Panel and Array market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Space Solar Panel and Array and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Space Solar Panel and Array.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: 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 4: 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 5: 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 6: 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Space Solar Panel and Array by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Space Solar Panel
2.2.3 Space Solar Array
2.3 Space Solar Panel and Array by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Large Spacecraft
2.3.3 Small Spacecraft
2.4 Global Market Growth Prospects
2.4.1 Global Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Space Solar Panel and Array Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Space Solar Panel and Array Production Estimates and Forecasts (2020-2031)
2.4.4 Global Space Solar Panel and Array Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Space Solar Panel and Array Production by Manufacturers (2020-2025)
3.2 Global Space Solar Panel and Array Production Value by Manufacturers (2020-2025)
3.3 Global Space Solar Panel and Array Average Price by Manufacturers (2020-2025)
3.4 Global Space Solar Panel and Array Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Space Solar Panel and Array Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Space Solar Panel and Array Manufacturers, Product Type & Application
3.7 Global Space Solar Panel and Array Manufacturers Established Date
3.8 Global Space Solar Panel and Array Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 SolAero Technologies
4.1.1 SolAero Technologies Space Solar Panel and Array Company Information
4.1.2 SolAero Technologies Space Solar Panel and Array Business Overview
4.1.3 SolAero Technologies Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.1.4 SolAero Technologies Product Portfolio
4.1.5 SolAero Technologies Recent Developments
4.2 Spectrolab
4.2.1 Spectrolab Space Solar Panel and Array Company Information
4.2.2 Spectrolab Space Solar Panel and Array Business Overview
4.2.3 Spectrolab Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.2.4 Spectrolab Product Portfolio
4.2.5 Spectrolab Recent Developments
4.3 DHV Technology
4.3.1 DHV Technology Space Solar Panel and Array Company Information
4.3.2 DHV Technology Space Solar Panel and Array Business Overview
4.3.3 DHV Technology Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.3.4 DHV Technology Product Portfolio
4.3.5 DHV Technology Recent Developments
4.4 GomSpace
4.4.1 GomSpace Space Solar Panel and Array Company Information
4.4.2 GomSpace Space Solar Panel and Array Business Overview
4.4.3 GomSpace Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.4.4 GomSpace Product Portfolio
4.4.5 GomSpace Recent Developments
4.5 ISISPACE
4.5.1 ISISPACE Space Solar Panel and Array Company Information
4.5.2 ISISPACE Space Solar Panel and Array Business Overview
4.5.3 ISISPACE Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.5.4 ISISPACE Product Portfolio
4.5.5 ISISPACE Recent Developments
4.6 NanoAvionics
4.6.1 NanoAvionics Space Solar Panel and Array Company Information
4.6.2 NanoAvionics Space Solar Panel and Array Business Overview
4.6.3 NanoAvionics Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.6.4 NanoAvionics Product Portfolio
4.6.5 NanoAvionics Recent Developments
4.7 MMA Design
4.7.1 MMA Design Space Solar Panel and Array Company Information
4.7.2 MMA Design Space Solar Panel and Array Business Overview
4.7.3 MMA Design Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.7.4 MMA Design Product Portfolio
4.7.5 MMA Design Recent Developments
4.8 Pumpkin
4.8.1 Pumpkin Space Solar Panel and Array Company Information
4.8.2 Pumpkin Space Solar Panel and Array Business Overview
4.8.3 Pumpkin Space Solar Panel and Array Production, Value and Gross Margin (2020-2025)
4.8.4 Pumpkin Product Portfolio
4.8.5 Pumpkin Recent Developments
5 Global Space Solar Panel and Array Production by Region
5.1 Global Space Solar Panel and Array Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Space Solar Panel and Array Production by Region: 2020-2031
5.2.1 Global Space Solar Panel and Array Production by Region: 2020-2025
5.2.2 Global Space Solar Panel and Array Production Forecast by Region (2026-2031)
5.3 Global Space Solar Panel and Array Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Space Solar Panel and Array Production Value by Region: 2020-2031
5.4.1 Global Space Solar Panel and Array Production Value by Region: 2020-2025
5.4.2 Global Space Solar Panel and Array Production Value Forecast by Region (2026-2031)
5.5 Global Space Solar Panel and Array Market Price Analysis by Region (2020-2025)
5.6 Global Space Solar Panel and Array Production and Value, YOY Growth
5.6.1 North America Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Space Solar Panel and Array Production Value Estimates and Forecasts (2020-2031)
6 Global Space Solar Panel and Array Consumption by Region
6.1 Global Space Solar Panel and Array Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Space Solar Panel and Array Consumption by Region (2020-2031)
6.2.1 Global Space Solar Panel and Array Consumption by Region: 2020-2025
6.2.2 Global Space Solar Panel and Array Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Space Solar Panel and Array Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Space Solar Panel and Array Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Space Solar Panel and Array Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Space Solar Panel and Array Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Space Solar Panel and Array Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Space Solar Panel and Array Production by Type (2020-2031)
7.1.1 Global Space Solar Panel and Array Production by Type (2020-2031) & (KW)
7.1.2 Global Space Solar Panel and Array Production Market Share by Type (2020-2031)
7.2 Global Space Solar Panel and Array Production Value by Type (2020-2031)
7.2.1 Global Space Solar Panel and Array Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Space Solar Panel and Array Production Value Market Share by Type (2020-2031)
7.3 Global Space Solar Panel and Array Price by Type (2020-2031)
8 Segment by Application
8.1 Global Space Solar Panel and Array Production by Application (2020-2031)
8.1.1 Global Space Solar Panel and Array Production by Application (2020-2031) & (KW)
8.1.2 Global Space Solar Panel and Array Production Market Share by Application (2020-2031)
8.2 Global Space Solar Panel and Array Production Value by Application (2020-2031)
8.2.1 Global Space Solar Panel and Array Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Space Solar Panel and Array Production Value Market Share by Application (2020-2031)
8.3 Global Space Solar Panel and Array Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Space Solar Panel and Array Value Chain Analysis
9.1.1 Space Solar Panel and Array Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Space Solar Panel and Array Production Mode & Process
9.2 Space Solar Panel and Array Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Space Solar Panel and Array Distributors
9.2.3 Space Solar Panel and Array Customers
10 Global Space Solar Panel and Array Analyzing Market Dynamics
10.1 Space Solar Panel and Array Industry Trends
10.2 Space Solar Panel and Array Industry Drivers
10.3 Space Solar Panel and Array Industry Opportunities and Challenges
10.4 Space Solar Panel and Array Industry Restraints
11 Report Conclusion
12 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings