The global Space Solar Panel and Array market size is expected to reach $ 1018 million by 2032, rising at a market growth of 17.7% CAGR during the forecast period (2026-2032).
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.
Global key players of Space Solar Panel and Array are SolAero Technologies, Spectrolab, DHV Technology, GomSpace, ISISPACE, etc. Among them, SolAero Technologies is the biggest manufacturer with a share of over 50%. North America is the largest market who makes up a share of over 50%.
This report studies the global Space Solar Panel and Array production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Space Solar Panel and Array and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Space Solar Panel and Array that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Space Solar Panel and Array total production and demand, 2021-2032, (KW)
Global Space Solar Panel and Array total production value, 2021-2032, (USD Million)
Global Space Solar Panel and Array production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (KW), (based on production site)
Global Space Solar Panel and Array consumption by region & country, CAGR, 2021-2032 & (KW)
U.S. VS China: Space Solar Panel and Array domestic production, consumption, key domestic manufacturers and share
Global Space Solar Panel and Array production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (KW)
Global Space Solar Panel and Array production by Type, production, value, CAGR, 2021-2032, (USD Million) & (KW)
Global Space Solar Panel and Array production by Application, production, value, CAGR, 2021-2032, (USD Million) & (KW)
This report profiles key players in the global Space Solar Panel and Array market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SolAero Technologies, Spectrolab, DHV Technology, GomSpace, ISISPACE, NanoAvionics, MMA Design, Pumpkin, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Space Solar Panel and Array market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (KW) and average price (US$/W) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Space Solar Panel and Array Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Space Solar Panel and Array Market, Segmentation by Type:
Space Solar Panel
Space Solar Array
Global Space Solar Panel and Array Market, Segmentation by Application:
Large Spacecraft
Small Spacecraft
Companies Profiled:
SolAero Technologies
Spectrolab
DHV Technology
GomSpace
ISISPACE
NanoAvionics
MMA Design
Pumpkin
Key Questions Answered:
1. How big is the global Space Solar Panel and Array market?
2. What is the demand of the global Space Solar Panel and Array market?
3. What is the year over year growth of the global Space Solar Panel and Array market?
4. What is the production and production value of the global Space Solar Panel and Array market?
5. Who are the key producers in the global Space Solar Panel and Array market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Space Solar Panel and Array. Industry analysis & Market Report on Space Solar Panel and Array is a syndicated market report, published as Global Space Solar Panel and Array Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Space Solar Panel and Array market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.