Global space-based solar power market value 2021-2031, by region
The market size of the space-based solar power market in North America grew from roughly 187.6 million U.S. dollars in 2021 to some 211 million U.S. dollars in 2023. In 2031, the North American Market is forecast to reach a market size of 382 billion U.S. dollars. In that same year, the global space-based solar market is expected to surpass one billion U.S. dollars in value. Space-based solar explores the possibility of collecting solar power through solar panels installed on space satellites.
More information about the global space-based solar market can be found here.