Preloader
Global Space-Based Solar Power Market Size, Trends and Growth Opportunity, By Solar Satellite Type (Microwave Transmitting Solar Satellite, Laser Transmitting Solar Satellite), Application (Electricity Generation, Space Applications), By Region and Forecast Till 2027.


Report ID : IR100648 | Industries : Automotive and Transportation | Published On :November 2024 | Page Count : 12

  • Request Sample      Ask for Customization     Inquire Before Buying     Speak to Analyst



  • Global Space-Based Solar Power Market Size, Trends and Growth Opportunity, By Solar Satellite Type (Microwave Transmitting Solar Satellite, Laser Transmitting Solar Satellite), Application (Electricity Generation, Space Applications), By Region and Forecast Till 2027.

     

    Global Space-Based Solar Power Market 
    The Global Space-Based Solar Power Market was valued at US$455 million in 2021 and it is expected to reach at US$821 million in 2027 at a CAGR of 8.05% during forecast period 2022-2027.
    Solar power systems that use solar panels in space to produce solar energy can also be used to transmit that energy to the earth using satellite systems that transmit microwave and laser signals. Space-based solar power has been linked to a number of advantages. For instance, it does not release radioactive radiation, aids in the production of clean baseload power, or cools equipment.

     

    Market Drivers
    The space-based solar power market is anticipated to grow as awareness of solar energy usage and the advantages of using solar power from space rather than solar power from the earth increases. Additionally, the use of renewable energy sources will promote the development of industry. Rapid urbanization and growing public knowledge of the advantages of solar energy use are further factors that will support the market's expansion.

     

    Market Restraints
    The hefty initial investment required for space-based solar generation has hampered its growth rate. In addition, space-based solar energy presents some additional logistical difficulties. The high cost of solar power generated in space, as well as installation and maintenance costs and transit costs. As a result, the cost restrictions will pose a serious obstacle to the growth of the market for space-based solar power.

     

    Market Segmentation
    The global space-based solar power market is segmented into solar satellite type and application. By solar satellite type it segmented into microwave transmitting solar satellite, laser transmitting solar satellite. By application it segmented into electricity generation, space applications.

     

    Regional Analysis
    The global space-based solar power market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Due to increased awareness of solar energy use and its benefits in extracting solar power from space rather than earth-based solar power in this region, Asia-Pacific currently holds a dominant market share and revenue position in the space-based solar power industry.

     

    Key Players
    Various key players are listed in this report such as AIRBORNE (U.S.), ZUR SPACE Solar Power GmbH (Germany), Fralock Holdings, (U.S.), JAPAN AEROSPACE EXPLORATION AGENCY (Japan), NORTHROP GRUMMAN (U.S.), Borrego Energy, LLC (U.S.), SOLAREN CORPORATION (U.S.), SPACETECH GmbH (Germany), Space Canada (Canada), DHV Technology (Spain)

     

    Market Taxonomy
    By Solar Satellite Type 

    • Microwave Transmitting Solar Satellite
    • Laser Transmitting Solar Satellite

     

    By Application
    • Electricity Generation
    • Space Applications

     

    Key Question Addressed by the Report
    • What are the Key Opportunities in Global Space-Based Solar Power Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
     

    Global Space-Based Solar Power Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Space-Based Solar Power Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Space-Based Solar Power Market, By Solar Satellite Type 
    5.1 Y-o-Y Growth Comparison, By Solar Satellite Type 
    5.2 Global Space-Based Solar Power Market Share Analysis, By Solar Satellite Type 
    5.3 Global Space-Based Solar Power Market Size and Forecast, By Solar Satellite Type 
    5.3.1 Microwave Transmitting Solar Satellite
    5.3.2 Laser Transmitting Solar Satellite
    6 Global Space-Based Solar Power Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Space-Based Solar Power Market Share Analysis, By Application
    6.3 Global Space-Based Solar Power Market Share Analysis, By Application
    6.3.1 Electricity Generation
    6.3.2 Space Applications
    7 Global Space-Based Solar Power Market, By Region
    7.1 Global Space-Based Solar Power Market Share Analysis, By Region
    7.2 Global Space-Based Solar Power Market Share Analysis, By Region
    8 North America Space-Based Solar Power Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Space-Based Solar Power Market Share Analysis, By Solar Satellite Type 
    8.3 North America Space-Based Solar Power Size and Forecast, By Application
    8.4 North America Space-Based Solar Power Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Space-Based Solar Power Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Space-Based Solar Power Market Share Analysis, By Solar Satellite Type 
    9.3 Europe Space-Based Solar Power Market Size and Forecast, By Application
    9.4 Europe Space-Based Solar Power Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4 Rest of Europe
    10 Asia Pacific Space-Based Solar Power Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia-Pacific Space-Based Solar Power Market Size and Forecast, By Solar Satellite Type 
    10.3 Asia-Pacific Space-Based Solar Power Market Size and Forecast, By Application
    10.4 Asia-Pacific Space-Based Solar Power Market Size and Forecast, By Country
    10.4.1 China 
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Space-Based Solar Power Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Space-Based Solar Power Market Size and Forecast, By Solar Satellite Type 
    11.3 Latin America Space-Based Solar Power Market Size and Forecast, By Application
    11.4 Latin America Space-Based Solar Power Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2. Rest of Latin America
    12 Middle East Space-Based Solar Power Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Space-Based Solar Power Market Share Analysis, By Solar Satellite Type 
    12.3 Middle East Space-Based Solar Power Market Size and Forecast, By Application
    12.4 Middle East Space-Based Solar Power Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.2. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1. AIRBORNE (U.S.)
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. ZUR SPACE Solar Power GmbH (Germany)
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Fralock Holdings, (U.S.)
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4. JAPAN AEROSPACE EXPLORATION AGENCY (Japan)
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5. NORTHROP GRUMMAN (U.S.)
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6. Borrego Energy, LLC (U.S.)
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7. SOLAREN CORPORATION (U.S.)
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8. SPACETECH GmbH (Germany)
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9. Space Canada (Canada)
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10. DHV Technology (Spain)
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies