Space-Based Solar Power Market Worth $6.8 Billion by 2040

Forecast for 3.3 Percent CAGR Beginning in 2030

The Space-Based Solar Power market is estimated to be $4.7 billion in 2030 and is projected to reach $6.8 billion by 2040 at a CAGR of 3.3% from 2030 to 2040 according to a new report by MarketsandMarkets. The Space-Based Solar Power market is thriving due to rapid advancements in technologies such as wireless power transmission and use of photovoltaic …