Global Space-Based Solar Power Market Growth (Status and Outlook) 2023-2029

Global Space-Based Solar Power Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Space-Based Solar Power Industry Forecast” looks at past sales and reviews total world Space-Based Solar Power sales in 2022, providing a comprehensive analysis by region and market sector of projected Space-Based Solar Power sales for 2023 through 2029. With Space-Based Solar Power sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Space-Based Solar Power industry.

This Insight Report provides a comprehensive analysis of the global Space-Based Solar Power landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Space-Based Solar Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Space-Based Solar Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Space-Based Solar Power and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Space-Based Solar Power.

The global Space-Based Solar Power market size is projected to grow from US$ 97.8 million in 2022 to US$ 295.7 million in 2029; it is expected to grow at a CAGR of 17.1% from 2023 to 2029.

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 presents a comprehensive overview, market shares, and growth opportunities of Space-Based Solar Power market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Energy Harvesting Facility
Energy Conversion Facility
Energy Transmission Facility

Segmentation by application
Aerospace
Clean Energy

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Northrop Grumman
China Aerospace Science and Technology
Airbus
Naval Research Laboratory
Mitsubishi Electric

Please note: The report will take approximately 2 business days to prepare and deliver.