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2021
Space-based Solar Power Market

Space-Based Solar Power Market by Solar Satellite Type (Microwave Transmitting Solar Satellite and Laser Transmitting Solar Satellite) and Application (Electricity Generation and Space Applications): Global Opportunity Analysis and Industry Forecast, 2021–2030

A07358
Pages: 226
Sep 2021 | 4344 Views
   
Author(s) : Saurabh Dixit , Eswara Prasad
Tables: 145
Charts: 47
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Space-Based Solar Power Market Forecast - 2030

The global space-based solar power market size was valued at $425.7 million in 2020, and is expected to reach $902.2 million by 2030, registering a CAGR of 7.8% from 2021 to 2030. Space-based solar power is the solar power extracted from space by using solar power satellite and subsequently transmitting it to receiving station on earth. This space-based solar power is used in applications such as electricity generation and space applications. Space-based solar power major finds it application in satellites, space vehicles, rovers, and to power space infrastructure. Its key benefit of is that it harnesses more solar energy than earth-based solar power stations.

The COVID-19 outbreak has impacted negatively on the global space based solar power market. This is attributed to temporary shutdown of manufacturing and import & export activities across the globe which further disrupted the supply chain of space based solar power market. In addition, temporary hold on R&D activities due to shutdown of laboratories and incomplete funding has also impacted negatively on the market.

The growth of the global space-based solar power market is driven by rise in investment toward sustainable power generation and implementation of stringent government regulations toward environment pollution. However, high cost and some disadvantages associated with space-based solar power are the key factors hampering the growth of the global market. On the contrary, R&D toward lowering the cost of space solar mission by improving technologies is anticipated to provide lucrative growth opportunities for the key players to strengthen their position in the global space based solar power market in the upcoming years.

Space-Based-Solar-Power

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The global space-based solar power market is segmented into solar satellite type, application, and region. Depending on solar satellite type, the market is bifurcated into microwave transmitting solar satellite and laser transmitting solar satellite. As per application, it is classified into electricity generation and space applications. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Other players in the value chain of include Solar Space Technologies, Space Canada Corporation, and DHV Technology.

The report includes the study of the space-based solar power market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Global space-based solar power market, by solar satellite type

By solar satellite type, the laser transmitting solar satellite segment held the largest market share in global space based solar power market in 2020, owing to increase in demand for space-based solar power from applications such as providing power for satellites during eclipse, powering orbital transfer vehicles, power to solar array on the moon, and for electricity generation.

Space-Based Solar Power Market
By Solar Satellite Type

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Laser Transmitting Solar Satellite segment is projected as the most lucrative segment.

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Global space-based solar power market, by application

On the basis of application, the electricity generation segment dominated the global space based solar power market in 2020, in terms of share. This growth is attributed to rise in energy demand along with cleaner generation of electricity across the globe. In addition, rise in demand for power generation from the economic growth perspective is expected to drive the growth of the market during the analyzed timeframe.

Space-Based Solar Power Market
By Application

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Electricity Generation is projected as the most lucrative segment.

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Space-based solar power market, by region

Asia-Pacific garnered the highest share in the space based solar power market in 2020, in terms of revenue, and is anticipated to maintain its dominance throughout the forecast period. This is attributed to rise in investment and R&D toward space-based solar power and the presence of huge consumer base in the region. In addition, China and India have emerged as key hubs for space missions and solar power generation, thereby propelling the growth of the Asia-Pacific space-based solar power market from 2021 to 2030. Moreover, rise in awareness toward solar energy and its benefits in extracting solar power from space rather than earth-based solar power is expected to drive the growth of the market in Asia-Pacific during the forecast period.

Space-Based Solar Power Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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COVID-19 impact on the market

Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased the demand for electricity from these consumers. In addition, funding for space missions and R&D activities on development of space-based solar power were on hold. This resulted in decline in market growth in the second, third, and fourth quarters of 2020. However, the space-based solar power market is expected to recover by the second quarter of 2021 as COVID-19 vaccination began in various economies across the globe, which is expected to improve the global economy and restarts R&D facilities and manufacturing operations.

Key Benefits For Stakeholders

  • The report provides an extensive qualitative and quantitative global space-based solar power market analysis of the current market trends and future estimations from 2021 to 2030 to determine the prevailing space-based solar power market opportunities.
  • A comprehensive analysis of the factors that drive and restrict the global space-based solar power market growth is provided.
  • Global space based solar power market estimations are based on factors impacting the market growth, in terms of value.
  • Profiles of leading players operating in the space based solar power market are provided to understand the global competitive scenario.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable global space based solar power market growth.

Key Market Segments

  • BY SOLAR SATELLITE TYPE
    • Microwave transmitting solar satellite
    • Laser transmitting solar satellite
  • BY APPLICATION
    • Electricity generation
    • Space applications
  • BY REGION
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • rest of LAMEA


Key Market Players

  • AIRBORNE
  • AZUR SPACE SOLAR POWER GmbH
  • CESI SPA
  • FRALOCK INNOVATIVE MATERIALS MANUFACTURING & AUTOMATION
  • JAPAN AEROSPACE EXPLORATION AGENCY
  • NORTHROP GRUMMAN CORPORATION
  • SOLAERO TECHNOLOGIES CORPORATION
  • SOLAREN CORPORATION
  • SPACETECH GmbH
  • THE BOEING COMPANY
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Value chain analysis
3.4.Top investment pockets
3.5.Patent analysis

3.5.1.By region, 2013–2020
3.5.2.By applicants, 2013–2020

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Surge in demand for electricity from developed and developing economies
3.6.1.2.Better alternative to other power generating sources

3.6.2.Restraints

3.6.2.1.High cost and disadvantages associated with space-based solar power

3.6.3.Opportunity

3.6.3.1.Technological advancements in space-based solar power systems

3.7.Impact of government regulations on the market
3.8.Space-based solar power future projects
3.9.Impact of COVID-19 outbreak on the market

CHAPTER 4:SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Microwave transmitting solar satellite

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Laser transmitting solar satellite

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

CHAPTER 5:SPACE-BASED SOLAR POWER MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Electricity generation

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Space applications

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

CHAPTER 6:SPACE-BASED SOLAR POWER MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by solar satellite type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by solar satellite type
6.2.4.1.2.Market size and forecast, by application

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by solar satellite type
6.2.4.2.2.Market size and forecast, by application

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by solar satellite type
6.2.4.3.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by solar satellite type
6.3.3.Market size and forecast, by application
6.3.4.Market share analysis, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by solar satellite type
6.3.4.1.2.Market size and forecast, by application

6.3.4.2.France

6.3.4.2.1.Market size and forecast, by solar satellite type
6.3.4.2.2.Market size and forecast, by application

6.3.4.3.UK

6.3.4.3.1.Market size and forecast, by solar satellite type
6.3.4.3.2.Market size and forecast, by application

6.3.4.4.Italy

6.3.4.4.1.Market size and forecast, by solar satellite type
6.3.4.4.2.Market size and forecast, by application

6.3.4.5.Spain

6.3.4.5.1.Market size and forecast, by solar satellite type
6.3.4.5.2.Market size and forecast, by application

6.3.4.6.Rest of Europe

6.3.4.6.1.Market size and forecast, by solar satellite type
6.3.4.6.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by solar satellite type
6.4.3.Market size and forecast, by application
6.4.4.Market share analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by solar satellite type
6.4.4.1.2.Market size and forecast, by application

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by solar satellite type
6.4.4.2.2.Market size and forecast, by application

6.4.4.3.India

6.4.4.3.1.Market size and forecast, by solar satellite type
6.4.4.3.2.Market size and forecast, by application

6.4.4.4.Australia

6.4.4.4.1.Market size and forecast, by solar satellite type
6.4.4.4.2.Market size and forecast, by application

6.4.4.5.South Korea

6.4.4.5.1.Market size and forecast, by solar satellite type
6.4.4.5.2.Market size and forecast, by application

6.4.4.6.Rest of Asia-Pacific

6.4.4.6.1.Market size and forecast, by solar satellite type
6.4.4.6.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by solar satellite type
6.5.3.Market size and forecast, by application
6.5.4.Market share analysis, by country

6.5.4.1.Brazil

6.5.4.1.1.Market size and forecast, by solar satellite type
6.5.4.1.2.Market size and forecast, by application

6.5.4.2.Saudi Arabia

6.5.4.2.1.Market size and forecast, by solar satellite type
6.5.4.2.2.Market size and forecast, by application

6.5.4.3.South Africa

6.5.4.3.1.Market size and forecast, by solar satellite type
6.5.4.3.2.Market size and forecast, by application

6.5.4.4.Rest of LAMEA

6.5.4.4.1.Market size and forecast, by solar satellite type
6.5.4.4.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2020

7.2.Top winning strategies

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.Competitive heatmap
7.4.Key developments

7.4.1.New product launch
7.4.2.Business expansion
7.4.3.Agreements

CHAPTER 8:COMPANY PROFILES

8.1.AIRBORNE

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio
8.1.4.Key strategic moves and developments

8.2.AZUR SPACE SOLAR POWER GmbH

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Key strategic moves and developments

8.3.CESI SPA

8.3.1.Company overview
8.3.2.Company Snapshot
8.3.3.Product portfolio

8.4.FRALOCK INNOVATIVE MATERIALS MANUFACTURING & AUTOMATION

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio

8.5.JAPAN AEROSPACE EXPLORATION AGENCY

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.NORTHROP GRUMMAN CORPORATION

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments

8.7.SOLAERO TECHNOLOGIES CORPORATION

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio

8.8.SOLAREN CORPORATION

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.SPACETECH GmbH

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.THE BOEING COMPANY

8.10.1.Company overview
8.10.2.Company Snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance
8.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 02.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 03.SPACE-BASED SOLAR POWER MARKET FOR MICROWAVE TRANSMITTING SOLAR SATELLITE, BY REGION, 2020–2030 ($THOUSAND)
TABLE 04.SPACE-BASED SOLAR POWER MARKET FOR MICROWAVE TRANSMITTING SOLAR SATELLITE, BY REGION, 2020–2030 (MWH)
TABLE 05.SPACE-BASED SOLAR POWER MARKET FOR LASER TRANSMITTING SOLAR SATELLITE, BY REGION, 2020–2030 ($THOUSAND)
TABLE 06.SPACE-BASED SOLAR POWER MARKET FOR LASER TRANSMITTING SOLAR SATELLITE, BY REGION, 2020–2030 (MWH)
TABLE 07.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 08.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 09.SPACE-BASED SOLAR POWER MARKET FOR ELECTRICITY GENERATION, BY REGION, 2020–2030 ($THOUSAND)
TABLE 10.SPACE-BASED SOLAR POWER MARKET FOR ELECTRICITY GENERATION, BY REGION, 2020–2030 (MWH)
TABLE 11.SPACE-BASED SOLAR POWER MARKET FOR SPACE APPLICATIONS, BY REGION, 2020–2030 ($THOUSAND)
TABLE 12.SPACE-BASED SOLAR POWER MARKET FOR SPACE APPLICATIONS, BY REGION, 2020–2030 (MWH)
TABLE 13.SPACE-BASED SOLAR POWER MARKET, BY REGION, 2020-2030 ($THOUSAND)
TABLE 14.SPACE-BASED SOLAR POWER MARKET, BY REGION, 2020-2030 (MWH)
TABLE 15.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 16.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 17.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 18.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 19.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 ($THOUSAND)
TABLE 20.NORTH AMERICA SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 (MWH)
TABLE 21.U.S. SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 22.U.S. SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 23.U.S. SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 24.U.S. SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 25.CANADA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 26.CANADA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 27.CANADA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 28.CANADA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 29.MEXICO SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 30.MEXICO SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 31.MEXICO SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 32.MEXICO SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 33.EUROPE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 34.EUROPE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 35.EUROPE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 36.EUROPE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 37.EUROPE SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 ($THOUSAND)
TABLE 38.EUROPE SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 (MWH)
TABLE 39.GERMANY SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 40.GERMANY SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 41.GERMANY SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 42.GERMANY SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 43.FRANCE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 44.FRANCE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 45.FRANCE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 46.FRANCE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 47.UK SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 48.UK SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 49.UK SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 50.UK SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 51.ITALY SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 52.ITALY SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 53.ITALY SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 54.ITALY SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 55.SPAIN SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 56.SPAIN SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 57.SPAIN SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 58.SPAIN SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 59.REST OF EUROPE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 60.REST OF EUROPE SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 61.REST OF EUROPE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 62.REST OF EUROPE SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 63.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 64.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 65.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 66.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 67.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 ($THOUSAND)
TABLE 68.ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 (MWH)
TABLE 69.CHINA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 70.CHINA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 71.CHINA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 72.CHINA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 73.JAPAN SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 74.JAPAN SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 75.JAPAN SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 76.JAPAN SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 77.INDIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 78.INDIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 79.INDIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 80.INDIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 81.AUSTRALIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 82.AUSTRALIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 83.AUSTRALIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 84.AUSTRALIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 85.SOUTH KOREA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 86.SOUTH KOREA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 87.SOUTH KOREA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 88.SOUTH KOREA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 89.REST OF ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 90.REST OF ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 91.REST OF ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 92.REST OF ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 93.LAMEA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 94.LAMEA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 95.LAMEA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 96.LAMEA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 97.LAMEA SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 ($THOUSAND)
TABLE 98.LAMEA SPACE-BASED SOLAR POWER MARKET, BY COUNTRY, 2020–2030 (MWH)
TABLE 99.BRAZIL SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 100.BRAZIL SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 101.BRAZIL SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 102.BRAZIL SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 103.SAUDI ARABIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 104.SAUDI ARABIA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 105.SAUDI ARABIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 106.SAUDI ARABIA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 107.SOUTH AFRICA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 108.SOUTH AFRICA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 109.SOUTH AFRICA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 110.SOUTH AFRICA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 111.REST OF LAMEA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
TABLE 112.REST OF LAMEA SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 (MWH)
TABLE 113.REST OF LAMEA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
TABLE 114.REST OF LAMEA SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 115.KEY NEW PRODUCT LAUNCH (2016-2021)
TABLE 116.KEY BUSINESS EXPANSION (2016-2021)
TABLE 117.KEY AGREEMENTS (2016-2021)
TABLE 118.AIRBORNE: COMPANY SNAPSHOT
TABLE 119.AIRBORNE: PRODUCT PORTFOLIO
TABLE 120.AIRBORNE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121.AZUR SPACE SOLAR POWER GMBH: COMPANY SNAPSHOT
TABLE 122.AZUR SPACE SOLAR POWER GMBH: PRODUCT PORTFOLIO
TABLE 123.AZUR SPACE SOLAR POWER GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124.CESI SPA: COMPANY SNAPSHOT
TABLE 125.CESI SPA: PRODUCT PORTFOLIO
TABLE 126.FRALOCK: COMPANY SNAPSHOT
TABLE 127.FRALOCK: PRODUCT PORTFOLIO
TABLE 128.JAPAN AEROSPACE EXPLORATION AGENCY: COMPANY SNAPSHOT
TABLE 129.JAPAN AEROSPACE EXPLORATION AGENCY: PRODUCT PORTFOLIO
TABLE 130.NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 131.NORTHROP GRUMMAN CORPORATION: OPERATING SEGMENTS
TABLE 132.NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 133.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 134.NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 135.SOLAERO TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 136.SOLAERO TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 137.SOLAREN CORPORATION: COMPANY SNAPSHOT
TABLE 138.SOLAREN CORPORATION
TABLE 139.SPACETECH GMBH: COMPANY SNAPSHOT
TABLE 140.SPACETECH GMBH: PRODUCT PORTFOLIO
TABLE 141.BOEING: COMPANY SNAPSHOT
TABLE 142.BOEING: OPERATING SEGMENTS
TABLE 143.BOEING: PRODUCT PORTFOLIO
TABLE 144.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 145.BOEING: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE THREAT OF NEW ENTRANTS
FIGURE 04.MODERATE THREAT OF SUBSTITUTES
FIGURE 05.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.VALUE CHAIN ANALYSIS
FIGURE 08.TOP INVESTMENT POCKETS
FIGURE 09.PATENT ANALYSIS, BY REGION
FIGURE 10.PATENT ANALYSIS, BY APPLICANTS
FIGURE 11.SPACE-BASED SOLAR POWER MARKET DYNAMICS
FIGURE 12.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY SOLAR SATELLITE TYPE, 2020–2030 ($THOUSAND)
FIGURE 13.COMPARATIVE ANALYSIS OF SPACE-BASED SOLAR POWER MARKET FOR MICROWAVE TRANSMITTING SOLAR SATELLITE, BY COUNTRY, 2020 & 2030 ($THOUSAND)
FIGURE 14.COMPARATIVE ANALYSIS OF SPACE-BASED SOLAR POWER MARKET FOR LASER TRANSMITTING SOLAR SATELLITE, BY COUNTRY, 2020 & 2030 ($THOUSAND)
FIGURE 15.GLOBAL SPACE-BASED SOLAR POWER MARKET, BY APPLICATION, 2020–2030 ($THOUSAND)
FIGURE 16.COMPARATIVE ANALYSIS OF SPACE-BASED SOLAR POWER MARKET FOR ELECTRICITY GENERATION, BY COUNTRY, 2020 & 2030 ($THOUSAND)
FIGURE 17.COMPARATIVE ANALYSIS OF SPACE-BASED SOLAR POWER MARKET FOR SPACE APPLICATIONS, BY COUNTRY, 2020 & 2030 ($THOUSAND)
FIGURE 18.U.S. SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 19.CANADA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 20.MEXICO SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 21.GERMANY SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 22.FRANCE SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 23.UK SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 24.ITALY SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 25.SPAIN SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 26.REST OF EUROPE SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 27.CHINA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 28.JAPAN SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 29.INDIA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 30.AUSTRALIA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 31.SOUTH KOREA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 32.REST OF ASIA-PACIFIC SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 33.BRAZIL SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 34.SAUDI ARABIA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 35.SOUTH AFRICA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 36.REST OF LAMEA SPACE-BASED SOLAR POWER MARKET REVENUE, 2020–2030 ($THOUSAND)
FIGURE 37.MARKET PLAYER POSITIONING, 2020
FIGURE 38.TOP WINNING STRATEGIES, BY YEAR, 2016–2021
FIGURE 39.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2021 (%)
FIGURE 40.TOP WINNING STRATEGIES, BY COMPANY, 2016–2021
FIGURE 41.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 42.NORTHROP GRUMMAN CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 43.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 44.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 45.BOEING: NET SALES, 2018–2020 ($MILLION)
FIGURE 46.BOEING: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 47.BOEING: REVENUE SHARE BY REGION, 2020 (%)


 
 

As per the insights of CXOs of the leading companies, Asia-Pacific and North America exhibit high growth potential, owing to rise in demand for electricity from various industries rapid industrialization. Asia-Pacific is further expected to provide lucrative opportunities to leading space-based solar power product manufacturers, owing to its huge potential to set up manufacturing plants and surge in R&D activities toward space-related solar power generation operation.

Advantages associated with space-based solar power such as high solar power extraction, 24/7 power availability and no requirement for cooling system as compare to earth-based solar power are the key factor driving the growth of the global space-based solar power market during the forecast period. In addition, implementation of stringent government regulations toward environmental pollution owing to the use of conventional fuel sources such as coal, oil, nuclear and others for power generation is expected to drive the growth of the market during the analyzed time frame. However, challenges associated with making lower weight, low cost, and more efficient space-based solar system is expected to hamper the market growth from 2021-2030. On the contrary, R&D & rise in attention towards SBSP and partnerships/collaborations for SBSP missions among key economies across the globe are anticipated to provide remunerative opportunity for the key players to maintain the pace in the space-based solar power market in the upcoming years.

Renowned global market leaders such as Azur Space Solar Power GmbH, Northrop Grumman Corporation, the Boeing Company, and Airborne are adopting various key growth strategies to strengthen their market position. Furthermore, these companies are focused on agreement, business expansion, and product launch to cater to the increasing demand for space-based solar power.

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A. Surge in demand for electricity from developed and developing economies and better alternative to other power generating sources are key factors drives the space-based solar power market growth during the forecast period.

A. R&D & rise in attention towards SBSP and partnerships/collaborations for SBSP missions among key economies across the globe are expected to be the key trend in the space-based solar power market.

A. The report sample for global space-based solar power market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. The potential customers of the space-based solar power market are electricity consumers, space vehicles, space infrastructure and others.

A. On the basis of solar satellite type, laser transmitting solar satellite segment will drive the space-based solar power market growth during the forecast period. On the basis of application, electricity generation segment will drive the growth of the space-based solar power market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. The key growth strategies adopted by space-based solar power market players are product launch, business expansion, and agreement.

A. Top players in the space-based solar power market are Airborne, Azur Space Solar Power GmbH, CESI SpA, Fralock Innovative Materials Manufacturing & Automation, Japan Aerospace Exploration Agency, Northrop Grumman Corporation, Solaero Technologies Corporation, Solaren Corporation, SpaceTech GmbH, and the Boeing Company.

A. In terms of revenue, the market size of space-based solar power market is anticipated to reach $902.3 million by 2030, growing at CAGR of 7.8% from 2021 to 2030.

A. Asia-Pacific will provide business opportunities for space-based solar power market during the forecast period. This is attributed to the huge consumer base in the region. In addition, China and India have emerged as key hubs for space missions and solar power generation, thereby propelling the growth of the Asia-Pacific space-based solar power market from 2021 to 2030. Moreover, rise in awareness toward solar energy and its benefits in extracting solar power from space rather than earth-based solar power is expected to drive the growth of market in Asia-Pacific.

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