Lucintel Forecasts the Global Space Photovoltaic Cell Market is expected to grow with a CAGR of 7.8% from 2025 to 2031
Lucintel Forecasts the Global Space Photovoltaic Cell Market is expected to grow with a CAGR of 7.8% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global space photovoltaic cell market looks promising with opportunities in the low earth orbit, medium earth orbit, geostationary orbit, highly elliptical orbit, and polar orbit markets. The global space photovoltaic cell market is expected to grow with a CAGR of 7.8% from 2025 to 2031. The major drivers for this market are the increasing satellite deployments for communication, the rising investments in space exploration, and the growing demand for high-efficiency solar cells.
A more than 150-page report to understand trends, opportunity and forecast in space photovoltaic cell market to 2031 by type (silicon, copper indium gallium selenide, gallium arsenide, and others), application (low earth orbit, medium earth orbit, geostationary orbit, highly elliptical orbit, and polar orbit), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, gallium arsenide is expected to witness the highest growth over the forecast period.
Within the application category, polar orbit is expected to witness the highest growth.
Download sample by clicking on space photovoltaic cell market
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Spectrolab, Azur Space, Rocket Lab, CESI, Mitsubishi Electric, Emcore, Airbus, Flexell Space, Northrop Grumman, Thales Alenia Space are the major suppliers in the space photovoltaic cell market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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