The market size of the space-based solar power market in North America grew from roughly ***** million U.S. dollars in 2021 to some *** million U.S. dollars in 2023. In 2031, the North American Market is forecast to reach a market size of *** billion U.S. dollars. In that same year, the global space-based solar market is expected to surpass *********** 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Extrapolate. (March 6, 2024). Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved July 13, 2025, from https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. "Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars)." Chart. March 6, 2024. Statista. Accessed July 13, 2025. https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. (2024). Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 13, 2025. https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate. "Market Size of The Space-based Solar Power Market Worldwide from 2021 to 2023, with a Forecast until 2031, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/
Extrapolate, Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/ (last visited July 13, 2025)
Market size of the space-based solar power market worldwide from 2021 to 2023, with a forecast until 2031, by region (in million U.S. dollars) [Graph], Extrapolate, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1455929/global-space-based-solar-power-market-size-by-region-forecast/