衛星用太陽電池アレイ市場調査レポート : 2035年までの予測

Satellite Solar Panels Array Market Research Report

Satellite Solar Panels Array Market Research Report by Type [Solar Array (Rigid Solar Array, Multi-Junction Solar Array, Thin-Film Solar Array), Solar Panels], by Orbit (LEO Orbit, MEO Orbit, GEO Orbit), by Application (Communication Satellites, Earth Observation Satellites, Navigation Satellites, Remote Sensing Satellites, Others), by Region (North America, Europe, Asia Pacific, Rest of World) Forecast till 2035

商品番号 : SMB-87524

出版社Market Research Future
出版年月2025年8月
ページ数196
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

衛星用太陽電池アレイ市場調査レポート : タイプ[太陽電池アレイ(リジッド太陽電池アレイ、マルチ接合太陽電池アレイ、薄膜太陽電池アレイ)、太陽電池パネル]、軌道別(LEO軌道、MEO軌道、GEO軌道)、用途別(通信衛星、地球観測衛星、航法衛星、リモートセンシング衛星、その他)、地域別(北米、ヨーロッパ、アジア太平洋、その他の地域)2035年までの予測

世界の衛星用太陽電池パネルアレイ市場は、2035年までに16億1,697万米ドルに達すると予測されており、2025年から2035年にかけて年平均成長率(CAGR)6.1%で拡大します。衛星用太陽電池パネルアレイとは、太陽光を捉えて電力に変換するために衛星に搭載された太陽電池パネルの集合体です。このエネルギーは、宇宙空間における衛星の機器、通信システム、その他の搭載機能の稼働に使用されます。

衛星用太陽電池アレイの世界的な需要は、通信や地球観測を中心とする衛星打ち上げ数の急増につながる主な要因の一つです。米国からは9,600機以上、CIS諸国からは1,561機、中国からは890機、英国からは658機の衛星が打ち上げられており、需要は高まっています。太陽電池アレイはクリーンで自律的な電力を供給するため、衛星の主要な電源であり、Starlinkのブロードバンド接続から気候監視、災害対応、精密農業まで、幅広い用途に利用されています。

Market Overview

The global satellite solar panel array market is projected to reach USD 1,616.97 million by 2035, expanding at a CAGR of 6.1% from 2025 to 2035. A satellite solar panel array is a collection of solar panels mounted on a satellite to capture sunlight and convert it into electrical power. This energy is used to run the satellite’s instruments, communication systems, and other onboard functions in space.

The need for global satellite solar panel arrays is one of the main factors that lead to the enormous growth in satellite launches, mainly those for communication and Earth observation. The demand is rising as there are more than 9,600 launches of satellites from the U.S., 1,561 from the CIS, 890 from China, and 658 from the UK. Solar arrays are the main power source for satellites because they provide clean and autonomous power, which leads to different applications ranging from Starlink’s broadband connectivity to climate monitoring, disaster response, and precision agriculture.

Key Company Development

Airbus, in September 2024, received a major contract from MDA Space to deliver more than 200 Sparkwing solar arrays for the AURORA satellite line, defining the highest Sparkwing configuration so far. These arrays, produced for mass production in Leiden, the Netherlands, will not only bring power but also speed to Telesat’s Light LEO constellation. Along with this, in December 2024, Airbus collaborated with Thales and Leonardo in the founding of ‘Project Bromo,’ a strategic joint venture that strengthens the satellite capabilities in Europe against rivals like Starlink.

Major Players

Key players in the global satellite solar panels array market are Airbus, Spectrolab, Lockheed Martin, Rocket Lab, Inc., Northrop Grumman, Sierra Space, Spacetech GmBH, DHV Technology, Gomspace, Isispace, AAC Clyde Space, Mitsubishi Electric, Thales Alenia Space, mPower Technology, Ascent Solar Technologies, Inc., Leonardo S.p.A., and Kongsberg NanoAvionics.

Report Attribute Details

  • Market Size 2024: USD 875.02 Million
  • Market Size 2035: USD 1,616.97 Million
  • CAGR (2025-2035): 6.1%
  • Base Year: 2024
  • Market Forecast Period: 2025-2035

Market Segmentations

  • By Type: Solar Array – 8.7%, Solar Panels – 7.3%.
  • By Orbit: LEO Orbit – 8.9%, MEO Orbit – 7.4%.
  • By Application: Communication Satellites – 9.0%, Earth Observation Satellites – 8.7%.

Regional Insights

North America dominates the global satellite solar panel market. The United States leads in the aerospace and defense sectors, which are crucial for the growth of this market. It is a hub for R&D in multi-junction GaAs and radiation-hardened technologies, with Spectrolab being a key innovator in the field. In 2024, North America led the market with the U.S. contributing USD 3,266.32 million, while the rest of the region added USD 4.33 million.

Europe is a mature yet highly innovative market, with the ESA and prominent companies like Airbus, OHB SE, and Thales Alenia Space leading in solar array technology. Strong coordination among space agencies and commercial partners supports the successful execution of space missions. Europe recorded significant activity, with the UK generating USD 38.97 million and the rest of the region contributing USD 129.90 million.

The Asia-Pacific region is the fastest-growing market, driven by China, India, Japan, South Korea, and Australia. Notably, China’s space endeavors, such as the BeiDou navigation system and Tiangong station, rely on and expect high-efficiency solar arrays and cells. In the Asia-Pacific region, China dominated with USD 383.93 million, supported by Japan’s USD 37.53 million contribution.

The Rest of the World market is smaller but steadily emerging, with South America and the Middle East & Africa making incremental progress. Brazil and Argentina focus on EO and communication satellites, often in collaboration with ESA or U.S.-based suppliers. In the Middle East, the UAE and Saudi Arabia are building satellite capabilities with local integration support. South Africa and Nigeria are expanding their programs with international partnerships.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY … 20

2 MARKET INTRODUCTION …… 29

2.1 DEFINITION …… 29

2.2 SCOPE OF THE STUDY …. 29

2.3 RESEARCH OBJECTIVE …….. 29

2.4 MARKET STRUCTURE …. 30

3 RESEARCH METHODOLOGY …… 31

3.1 OVERVIEW …….. 31

3.2 DATA FLOW …… 33

3.2.1 DATA MINING PROCESS … 34

3.3 PURCHASED DATABASE: ….. 35

3.4 SECONDARY SOURCES: …….. 36

3.4.1 SECONDARY RESEARCH DATA FLOW: ……. 37

3.5 PRIMARY RESEARCH: ….. 38

3.5.1 PRIMARY RESEARCH DATA FLOW: ….. 39

3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED ……. 40

3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE …….. 40

3.6 APPROACHES FOR MARKET SIZE ESTIMATION: ……. 41

3.6.1 CONSUMPTION & NET TRADE APPROACH ……. 41

3.6.2 REVENUE ANALYSIS APPROACH … 41

3.7 DATA FORECASTING……. 42

3.7.1 DATA FORECASTING TECHNIQUE …….. 42

3.8 DATA MODELING …….. 43

3.8.1 MICROECONOMIC FACTOR ANALYSIS: …… 43

3.8.2 DATA MODELING: ……. 44

3.9 TEAMS AND ANALYST CONTRIBUTION ….. 45

4 MARKET DYNAMICS …….. 48

4.1 INTRODUCTION ….. 48

4.2 DRIVERS ……. 49

4.2.1 GROWING SATELLITE LAUNCHES FOR COMMUNICATION & EARTH OBSERVATION ……. 49

4.2.2 INNOVATIONS IN SOLAR CELL TECHNOLOGY …….. 53

4.3 RESTRAINTS …. 57

4.3.1 HARSH SPACE ENVIRONMENT …… 57

4.3.2 HIGH COST OF MANUFACTURING AND DEPLOYMENT …….. 58

4.4 OPPORTUNITY ……. 60

4.4.1 EMERGENCE OF LOW-COST LAUNCH PROVIDERS …….. 60

4.4.2 RISING GOVERNMENMT EXPENDITURE ON SPACE PROGRAMS …… 62

5 MARKET FACTOR ANALYSIS …… 64

5.1 SUPPLY/VALUE CHAIN ANALYSIS … 64

5.1.1 RAW MATERIAL SOURCING ….. 64

5.1.2 COMPONENT MANUFACTURING … 65

5.1.2.1 LIST OF MANUFACTURERS (COMPANY NAME, HEADQUARTER, CONTACT DETAILS) … 66

5.1.3 MODULE ASSEMBLY AND INTEGRATION … 67

5.1.4 SATELLITE SYSTEM INTEGRATION …… 68

5.1.5 END-USERS …. 70

5.1.5.1 CUSTOMER NEED, PREFERENCES, PAIN POINTS, & END USE INDUSTRIES ……. 71

5.2 PORTER’S FIVE FORCES MODEL … 72

5.2.1 THREAT OF NEW ENTRANTS … 72

5.2.2 THREAT OF SUBSTITUTES …… 73

5.2.3 BARGAINING POWER OF SUPPLIERS … 73

5.2.4 BARGAINING POWER OF BUYERS …….. 73

5.2.5 INTENSITY OF RIVALRY …. 74

5.3 PRICING ANALYSIS, 2019-2035, USD/W …….. 74

5.3.1 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKE PRICING, BY ORBIT 2019-2035 (USD/W) ….. 74

5.3.2 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKE PRICING, BY COUNTRY 2019-2035 (USD/W) ….. 75

5.3.2.1 NORTH AMERICA ….. 75

5.3.2.2 EUROPE ……. 75

5.3.2.3 ASIA PACIFIC ….. 75

5.4 OVERVIEW OF TECHNOLOGICAL ADVANCEMENT … 75

5.4.1 ADVANCED PHOTOVOLTAIC CELL MATERIALS …… 75

5.4.2 FLEXIBLE AND DEPLOYABLE STRUCTURES …… 76

5.4.3 RADIATION-HARDENED AND DURABLE DESIGNS …. 76

5.4.4 SOLID-STATE POWER CONTROL AND SMART POWER DISTRIBUTION …. 77

5.5 R&D UPDATES …….. 77

5.5.1 CURRENT SCENARIO …….. 77

5.5.2 FUTURE ROADMAP ….. 78

5.5.3 CHALLENGES ……. 79

5.5.4 KEY DEVELOPMENTS …….. 80

5.5.5 NOVEL APPLICATIONS ….. 81

5.6 REGULATORY UPDATES …… 83

5.7 GOVERNMENT POLICY … 84

5.8 BROAD LEVEL GAP ANALYSIS TO UNDERSTAND UNTAPPED AREAS …….. 86

5.8.1 BASED ON TYPE … 86

5.8.2 BASED ON APPLICATION …….. 87

5.9 PESTLE ANALYSIS ….. 88

6 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, BY TYPE ……. 90

6.1 INTRODUCTION ….. 90

6.1.1 SOLAR ARRAY …… 90

6.1.1.1 RIGID SOLAR ARRAY ……. 90

6.1.1.2 MULTI-JUNCTION SOLAR ARRAY …… 90

6.1.1.3 THIN-FILM SOLAR ARRAY ….. 91

6.1.2 SOLAR PANELS …. 91

7 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, BY ORBIT …… 94

7.1 INTRODUCTION ….. 94

7.1.1 LEO ORBIT…… 94

7.1.2 MEO ORBIT …. 94

7.1.3 GEO ORBIT ….. 95

8 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, BY APPLICATION ….. 97

8.1 INTRODUCTION ….. 97

8.1.1 COMMUNICATION SATELLITES ….. 97

8.1.2 EARTH OBSERVATION SATELLITES ….. 97

8.1.3 NAVIGATION SATELLITES ……. 98

8.1.4 REMOTE SENSING SATELLITES ….. 98

8.1.5 OTHERS … 98

9 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, BY REGION …….. 101

9.1 INTRODUCTION ….. 101

9.2 NORTH AMERICA ……. 102

9.2.1 US…… 105

9.2.2 REST OF NORTH AMERICA …… 107

9.3 EUROPE …….. 109

9.3.1 UK ….. 112

9.3.2 REST OF EUROPE …….. 114

9.4 ASIA-PACIFIC … 116

9.4.1 CHINA …… 119

9.4.2 JAPAN ….. 121

9.4.3 REST OF ASIA PACIFIC…… 123

9.5 REST OF WORLD … 125

10 COMPETITIVE LANDSCAPE …….. 130

10.1 INTRODUCTION ….. 130

10.2 COMPETITION DASHBOARD ….. 131

10.3 COMPANY MARKET SHARE ANALYSIS, 2024 ……. 132

10.4 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2024 ……. 133

10.5 KEY DEVELOPMENTS & GROWTH STRATEGIES …….. 133

10.5.1 CAPACITY EXPANSION ….. 133

10.5.2 NEW PRODUCT LAUNCH … 134

10.5.3 ACQUISITION ……. 135

10.5.4 PARTNERSHIP …… 135

10.5.5 RECOGNITION …… 136

11 COMPANY PROFILES …… 137

11.1 AIRBUS DEFENCE AND SPACE …… 137

11.1.1 COMPANY OVERVIEW ……. 137

11.1.2 FINANCIAL OVERVIEW …… 138

11.1.3 PRODUCTS OFFERED …….. 138

11.1.4 KEY DEVELOPMENTS …….. 139

11.1.5 SWOT ANALYSIS …….. 140

11.1.6 KEY STRATEGY ….. 140

11.2 SPECTROLAB …. 141

11.2.1 COMPANY OVERVIEW ……. 141

11.2.2 FINANCIAL OVERVIEW …… 142

11.2.3 PRODUCTS OFFERED …….. 142

11.2.4 KEY DEVELOPMENTS …….. 143

11.2.5 SWOT ANALYSIS …….. 143

11.2.6 KEY STRATEGY ….. 144

11.3 LOCKHEED MARTIN …….. 145

11.3.1 COMPANY OVERVIEW ……. 145

11.3.2 FINANCIAL OVERVIEW …… 146

11.3.3 PRODUCTS OFFERED …….. 146

11.3.4 KEY DEVELOPMENTS …….. 147

11.3.5 SWOT ANALYSIS …….. 147

11.3.6 KEY STRATEGY ….. 148

11.4 ROCKET LAB, INC. …… 149

11.4.1 COMPANY OVERVIEW ……. 149

11.4.2 FINANCIAL OVERVIEW …… 150

11.4.3 PRODUCTS OFFERED …….. 150

11.4.4 KEY DEVELOPMENTS …….. 151

11.4.5 SWOT ANALYSIS …….. 151

11.4.6 KEY STRATEGY ….. 152

11.5 NORTHROP GRUMMAN ……. 153

11.5.1 COMPANY OVERVIEW ……. 153

11.5.2 FINANCIAL OVERVIEW …… 154

11.5.3 PRODUCTS OFFERED …….. 154

11.5.4 KEY DEVELOPMENTS …….. 154

11.5.5 SWOT ANALYSIS …….. 155

11.5.6 KEY STRATEGY ….. 155

11.6 SIERRA SPACE ……. 156

11.6.1 COMPANY OVERVIEW ……. 156

11.6.2 FINANCIAL OVERVIEW …… 157

11.6.3 PRODUCTS OFFERED …….. 157

11.6.4 KEY DEVELOPMENTS …….. 157

11.6.5 SWOT ANALYSIS …….. 158

11.6.6 KEY STRATEGY ….. 158

11.7 SPACETECH GMBH …. 159

11.7.1 COMPANY OVERVIEW ……. 159

11.7.2 FINANCIAL OVERVIEW …… 160

11.7.3 PRODUCTS OFFERED …….. 160

11.7.4 KEY DEVELOPMENTS …….. 160

11.7.5 SWOT ANALYSIS …….. 161

11.7.6 KEY STRATEGY ….. 161

11.8 DHV TECHNOLOGY …. 162

11.8.1 COMPANY OVERVIEW ……. 162

11.8.2 FINANCIAL OVERVIEW …… 163

11.8.3 PRODUCTS OFFERED …….. 163

11.8.4 KEY DEVELOPMENTS …….. 163

11.8.5 SWOT ANALYSIS …….. 164

11.8.6 KEY STRATEGY ….. 164

11.9 GOMSPACE …….. 165

11.9.1 COMPANY OVERVIEW ……. 165

11.9.2 FINANCIAL OVERVIEW …… 166

11.9.3 PRODUCTS OFFERED …….. 166

11.9.4 KEY DEVELOPMENTS …….. 166

11.9.5 SWOT ANALYSIS …….. 167

11.9.6 KEY STRATEGY ….. 167

11.10 ISISPACE GROUP … 168

11.10.1 COMPANY OVERVIEW ……. 168

11.10.2 FINANCIAL OVERVIEW …… 169

11.10.3 PRODUCTS OFFERED …….. 169

11.10.4 KEY DEVELOPMENTS …….. 169

11.10.5 SWOT ANALYSIS …….. 169

11.10.6 KEY STRATEGY ….. 170

11.11 AAC CLYDE SPACE ….. 171

11.11.1 COMPANY OVERVIEW ……. 171

11.11.2 FINANCIAL OVERVIEW …… 172

11.11.3 PRODUCTS OFFERED …….. 172

11.11.4 KEY DEVELOPMENTS …….. 172

11.11.5 SWOT ANALYSIS …….. 173

11.11.6 KEY STRATEGY ….. 173

11.12 MITSUBISHI ELECTRIC… 174

11.12.1 COMPANY OVERVIEW ……. 174

11.12.2 FINANCIAL OVERVIEW …… 175

11.12.3 PRODUCTS OFFERED …….. 176

11.12.4 KEY DEVELOPMENTS …….. 176

11.12.5 SWOT ANALYSIS …….. 177

11.12.6 KEY STRATEGY ….. 177

11.13 THALES ALENIA SPACE …… 178

11.13.1 COMPANY OVERVIEW ……. 178

11.13.2 FINANCIAL OVERVIEW …… 179

11.13.3 PRODUCTS OFFERED …….. 179

11.13.4 KEY DEVELOPMENTS …….. 180

11.13.5 SWOT ANALYSIS …….. 181

11.13.6 KEY STRATEGY ….. 181

11.14 MPOWER TECHNOLOGY …… 182

11.14.1 COMPANY OVERVIEW ……. 182

11.14.2 FINANCIAL OVERVIEW …… 182

11.14.3 PRODUCTS OFFERED …….. 183

11.14.4 KEY DEVELOPMENTS …….. 183

11.14.5 SWOT ANALYSIS …….. 183

11.14.6 KEY STRATEGY ….. 184

11.15 ASCENT SOLAR TECHNOLOGIES, INC. …. 185

11.15.1 COMPANY OVERVIEW ……. 185

11.15.2 FINANCIAL OVERVIEW …… 186

11.15.3 PRODUCTS OFFERED …….. 186

11.15.4 KEY DEVELOPMENTS …….. 186

11.15.5 SWOT ANALYSIS …….. 187

11.15.6 KEY STRATEGY ….. 187

11.16 LEONARDO S.P.A. …….. 188

11.16.1 COMPANY OVERVIEW ……. 188

11.16.2 FINANCIAL OVERVIEW …… 189

11.16.3 PRODUCTS OFFERED …….. 189

11.16.4 KEY DEVELOPMENTS …….. 189

11.16.5 SWOT ANALYSIS …….. 190

11.16.6 KEY STRATEGY ….. 190

11.17 KONGSBERG NANOAVIONICS …….. 191

11.17.1 COMPANY OVERVIEW ……. 191

11.17.2 FINANCIAL OVERVIEW …… 192

11.17.3 PRODUCTS OFFERED …….. 192

11.17.4 KEY DEVELOPMENTS …….. 192

11.17.5 SWOT ANALYSIS …….. 193

11.17.6 KEY STRATEGY ….. 193

11.18 DATA CITATIONS ……. 194

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 44

TABLE 2 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 92

TABLE 3 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 92

TABLE 4 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 95

TABLE 5 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 95

TABLE 6 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 99

TABLE 7 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 99

TABLE 8 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY REGION, 2019–2035 (KW) 101

TABLE 9 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY REGION, 2019–2035 (USD MILLION) 101

TABLE 10 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (KW) 102

TABLE 11 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (USD MILLION) 102

TABLE 12 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 103

TABLE 13 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 103

TABLE 14 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 103

TABLE 15 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 104

TABLE 16 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 104

TABLE 17 NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 104

TABLE 18 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 105

TABLE 19 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 105

TABLE 20 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 105

TABLE 21 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 106

TABLE 22 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 106

TABLE 23 US SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 106

TABLE 24 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 107

TABLE 25 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 107

TABLE 26 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 107

TABLE 27 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 108

TABLE 28 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW)

TABLE 29 REST OF NORTH AMERICA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 108

TABLE 30 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (KW) 109

TABLE 31 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (USD MILLION) 109

TABLE 32 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 110

TABLE 33 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 110

TABLE 34 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 110

TABLE 35 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 111

TABLE 36 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 111

TABLE 37 EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 111

TABLE 38 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 112

TABLE 39 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 112

TABLE 40 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 112

TABLE 41 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 113

TABLE 42 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 113

TABLE 43 UK SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 113

TABLE 44 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 114

TABLE 45 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 114

TABLE 46 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 114

TABLE 47 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 115

TABLE 48 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 115

TABLE 49 REST OF EUROPE SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION)

TABLE 50 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (KW) 116

TABLE 51 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019–2035 (USD MILLION) 116

TABLE 52 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 117

TABLE 53 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 117

TABLE 54 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 117

TABLE 55 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 118

TABLE 56 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 118

TABLE 57 ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION)

TABLE 58 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 119

TABLE 59 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 119

TABLE 60 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 119

TABLE 61 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 120

TABLE 62 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 120

TABLE 63 CHINA SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 120

TABLE 64 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 121

TABLE 65 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 121

TABLE 66 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 121

TABLE 67 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 122

TABLE 68 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 122

TABLE 69 JAPAN SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 122

TABLE 70 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 123

TABLE 71 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION)

TABLE 72 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 123

TABLE 73 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION)

TABLE 74 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW)

TABLE 75 REST OF ASIA PACIFIC SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 124

TABLE 76 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (KW) 125

TABLE 77 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY TYPE, 2019–2035 (USD MILLION) 126

TABLE 78 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (KW) 126

TABLE 79 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY ORBIT, 2019–2035 (USD MILLION) 126

TABLE 80 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (KW) 127

TABLE 81 REST OF WORLD SATELLITE SOLAR PANELS ARRAY MARKET, ESTIMATES & FORECAST BY APPLICATION, 2019–2035 (USD MILLION) 127

TABLE 82 COMPETITION DASHBOARD: GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET 131

TABLE 83 CAPACITY EXPANSION 133

TABLE 84 NEW PRODUCT LAUNCH 134

TABLE 85 ACQUISITION 135

TABLE 86 PARTNERSHIP 135

TABLE 87 RECOGNITION 136

TABLE 88 AIRBUS DEFENCE AND SPACE: PRODUCTS OFFERED 138

TABLE 89 SPECTROLAB PRODUCTS OFFERED 142

TABLE 90 SPECTROLAB.: KEY DEVELOPMENTS 143

TABLE 91 LOCKHEED MARTIN.: PRODUCTS OFFERED 146

TABLE 92 LOCKHEED MARTIN.: KEY DEVELOPMENTS 147

TABLE 93 ROCKET LAB, INC.: PRODUCTS OFFERED 150

TABLE 94 ROCKET LAB, INC.: KEY DEVELOPMENTS 151

TABLE 95 NORTHROP GRUMMAN: PRODUCTS OFFERED 154

TABLE 96 SIERRA SPACE: PRODUCTS OFFERED 157

TABLE 97 SIERRA SPACE, INC.: KEY DEVELOPMENTS 157

TABLE 98 SPACETECH GMBH: PRODUCTS OFFERED 160

TABLE 99 SPACETECH GMBH: KEY DEVELOPMENTS 160

TABLE 100 DHV TECHNOLOGY: PRODUCTS OFFERED 163

TABLE 101 GOMSPACE: PRODUCTS OFFERED 166

TABLE 102 ISISPACE GROUP: PRODUCTS OFFERED 169

TABLE 103 AAC CLYDE SPACE.: PRODUCTS OFFERED 172

TABLE 104 MITSUBISHI ELECTRIC.: PRODUCTS OFFERED 176

TABLE 105 MITSUBISHI ELECTRIC.: KEY DEVELOPMENTS 176

TABLE 106 THALES ALENIA SPACE.: PRODUCTS OFFERED 179

TABLE 107 THALES ALENIA SPACE.: KEY DEVELOPMENTS 180

TABLE 108 MPOWER TECHNOLOGY.: PRODUCTS OFFERED 183

TABLE 109 ASCENT SOLAR TECHNOLOGIES, INC.: PRODUCTS OFFERED 186

TABLE 110 LEONARDO S.P.A..: PRODUCTS OFFERED 189

TABLE 111 KONGSBERG NANOAVIONICS.: PRODUCTS OFFERED 192

LIST OF FIGURES

FIGURE 1 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET (BY REGION), 2024 24

FIGURE 2 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET SNAPSHOT, 2024 25

FIGURE 3 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET: STRUCTURE 30

FIGURE 4 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET: MARKET GROWTH FACTOR ANALYSIS (2019-2035) 48

FIGURE 5 SATELLITES BY COUNTRY/ORGANIZATION AS OF MAY 2025 49

FIGURE 6 5 COUNTRIES WITH THE MOST MILITARY SATELLITES 51

FIGURE 7 DRIVER IMPACT ANALYSIS (2025-2035) 57

FIGURE 8 RESTRAINT IMPACT ANALYSIS (2025-2035) 59

FIGURE 9 GOVERNMENT EXPENDITURE ON SPACE PROGRAMS IN 2022 AND 2024, BY MAJOR COUNTRY (IN BILLION U.S. DOLLARS) 62

FIGURE 10 SUPPLY CHAIN: GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET 64

FIGURE 11 PORTER’S FIVE FORCES ANALYSIS OF THE SATELLITE SOLAR PANELS ARRAY MARKET 72

FIGURE 12 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY TYPE, 2024 (% SHARE) 93

FIGURE 13 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY ORBIT, 2024 (% SHARE) 96

FIGURE 14 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2024 (% SHARE) 100

FIGURE 15 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET ESTIMATES & FORECAST, BY REGION, 2024 (% SHARE) 128

FIGURE 16 GLOBAL SATELLITE SOLAR PANELS ARRAY MARKET SHARE ANALYSIS, 2024 (%) 132

FIGURE 17 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2024 133

FIGURE 18 AIRBUS DEFENCE AND SPACE: FINANCIAL OVERVIEW SNAPSHOT 138

FIGURE 19 AIRBUS DEFENCE AND SPACE.: SWOT ANALYSIS 140

FIGURE 20 SPECTROLAB FINANCIAL OVERVIEW SNAPSHOT 142

FIGURE 21 SPECTROLAB, INC.: SWOT ANALYSIS 143

FIGURE 22 LOCKHEED MARTIN.: FINANCIAL OVERVIEW SNAPSHOT 146

FIGURE 23 LOCKHEED MARTIN.: SWOT ANALYSIS 147

FIGURE 24 ROCKET LAB, INC.: FINANCIAL OVERVIEW SNAPSHOT 150

FIGURE 25 ROCKET LAB, INC.: SWOT ANALYSIS 151

FIGURE 26 NORTHROP GRUMMAN: SWOT ANALYSIS 155

FIGURE 27 SIERRA SPACE: SWOT ANALYSIS 158

FIGURE 28 SPACETECH GMBH: SWOT ANALYSIS 161

FIGURE 29 DHV TECHNOLOGY: SWOT ANALYSIS 164

FIGURE 30 GOMSPACE SYSTEMS: SWOT ANALYSIS 167

FIGURE 31 ISISPACE GROUP: SWOT ANALYSIS 169

FIGURE 32 AAC CLYDE SPACE.: FINANCIAL OVERVIEW SNAPSHOT 172

FIGURE 33 AAC CLYDE SPACE.: SWOT ANALYSIS 173

FIGURE 34 MITSUBISHI ELECTRIC.: FINANCIAL OVERVIEW SNAPSHOT 175

FIGURE 35 MITSUBISHI ELECTRIC.: SWOT ANALYSIS 177

FIGURE 36 THALES ALENIA SPACE.: FINANCIAL OVERVIEW SNAPSHOT 179

FIGURE 37 THALES ALENIA SPACE.: SWOT ANALYSIS 181

FIGURE 38 MPOWER TECHNOLOGY.: SWOT ANALYSIS 183

FIGURE 39 ASCENT SOLAR TECHNOLOGIES, INC.FINANCIAL OVERVIEW SNAPSHOT 186

FIGURE 40 ASCENT SOLAR TECHNOLOGIES, INC..: SWOT ANALYSIS 187

FIGURE 41 LEONARDO S.P.A. FINANCIAL OVERVIEW SNAPSHOT 189

FIGURE 42 LEONARDO S.P.A. SWOT ANALYSIS 190

FIGURE 43 KONGSBERG NANOAVIONICS. FINANCIAL OVERVIEW SNAPSHOT 192

FIGURE 44 KONGSBERG NANOAVIONICS. SWOT ANALYSIS 193