Published Year: 2025
Space Power Supply Market - A Global and Regional Analysis: Focus on Application, Product, and Count
The global space power supply market was valued at $9,449,920.5 thousand in 2024 and is...
Market Research Report
A quick peek into the report
Table of Contents
1.1Trends: Current and Future Impact Assessment
1.1.1Advancements in Multi-Junction Solar Cells for Space Applications
1.1.1.1Innovations in Multi-Junction Silicon Solar Cells for Space Applications
1.1.2Development of Thin-Film and Flexible Solar Cells for Satellites
1.1.3Efficiency Improvements and Power Density Advancements in Solar Panels
1.1.4Innovations in Space-Based Solar Power (SBSP) Systems for Long-duration Missions
1.2Supply Chain Overview
1.2.1Value Chain Analysis
1.3Patent Analysis
1.3.1Patent Filing Trend (by Country)
1.3.2Patent Filing Trend (by Company)
1.4Regulatory Landscape and Industry Initiatives
1.4.1Regulations and Policies
1.5Market Dynamics Overview
1.5.1Market Drivers
1.5.1.1Growing Satellite Deployments and Mega-Constellations (e.g., Starlink, Amazon Kuiper)
1.5.1.2Rising Investments in Space-Based Solar Power Systems (SBSP)
1.5.1.3Increased Demand for LEO, GEO, and MEO Satellites
1.5.2Market Restraints
1.5.2.1High Production Costs of Solar Power Systems for Space
1.5.2.2Durability and Reliability of Solar Cells in Harsh Space Environments
1.5.2.3Regulatory and Compliance Challenges for Solar-Based Power Systems
1.5.3Market Opportunities
1.5.3.1Impact of Mega-Constellations on Solar Cell Demand
1.5.3.2Expansion of CubeSats and Small Satellites Market and Their Power Needs
1.5.3.3Growing Role of Solar Power in Deep Space Exploration Missions
1.5.3.4Strategic Collaborations Between Governments and Private Space Companies
1.6Impact of Mega-Constellations on Solar Power Demand and Comparison with Traditional Satellite Deployments
2.1Regional Summary
2.2Europe
2.2.1Markets
2.2.1.1Key Market Participants in Europe
2.2.1.2Business Drivers
2.2.1.3Business Challenges
2.2.2Application
2.2.3Product
2.2.4Europe (by Country)
2.2.4.1Germany
2.2.4.1.1Market (By Application)
2.2.4.1.2Market (By Product)
2.2.4.2France
2.2.4.2.1Market (By Application)
2.2.4.2.2Market (By Product)
2.2.4.3U.K.
2.2.4.3.1Market (By Application)
2.2.4.3.2Market (By Product)
2.2.4.4Russia
2.2.4.4.1Market (By Application)
2.2.4.4.2Market (By Product)
2.2.4.5Rest-of-Europe
2.2.4.5.1Market (By Application)
2.2.4.5.2Market (By Product)
3.1Next Frontiers
3.2Geographic Assessment
3.3Key Space Power Supply Programs
3.4Key Technology Preferences for Space Power Supply Programs
3.5Prime Contractor Landscape for Space Power Supply Market
3.6Company Profiles
3.6.1Space Solar Power Solutions
3.6.1.1AZUR SPACE Solar Power GmbH
3.6.1.1.1Overview
3.6.1.1.2Top Products/Product Portfolio
3.6.1.1.3Top Competitors
3.6.1.1.4Target Customers
3.6.1.1.5Key Personnel
3.6.1.1.6Analyst View
3.6.1.1.7Market Share,2023
3.6.1.2CESI S.p.A.
3.6.1.2.1Overview
3.6.1.2.2Top Products/Product Portfolio
3.6.1.2.3Top Competitors
3.6.1.2.4Target Customers
3.6.1.2.5Key Personnel
3.6.1.2.6Analyst View
3.6.1.2.7Market Share, 2023
3.6.2Space Battery Power Solutions
3.6.2.1S.A.B. Aerospace Srl
3.6.2.1.1Overview
3.6.2.1.2Top Products/Product Portfolio
3.6.2.1.3Top Competitors
3.6.2.1.4Target Customers
3.6.2.1.5Key Personnel
3.6.2.1.6Analyst View
3.6.2.1.7Market Share, 2023
3.6.2.2AIRBUS
3.6.2.2.1Overview
3.6.2.2.2Top Products/Product Portfolio
3.6.2.2.3Top Competitors
3.6.2.2.4Target Customers
3.6.2.2.5Key Personnel
3.6.2.2.6Analyst View
3.6.2.2.7Market Share, 2023
3.6.2.3Saft
3.6.2.3.1Overview
3.6.2.3.2Top Products/Product Portfolio
3.6.2.3.3Top Competitors
3.6.2.3.4Target Customers
3.6.2.3.5Key Personnel
3.6.2.3.6Analyst View
3.6.2.3.7Market Share, 2023
3.6.3Other Key Players
4.1Data Sources
4.1.1Primary Data Sources
4.1.2Secondary Data Sources
4.1.3Data Triangulation
4.2Market Estimation and Forecast
Table 1:Market Snapshot
Table 2:Opportunities across Regions
Table 3:Trends: Overview
Table 4:Impact Analysis of Market Navigating Factors, 2024-2034
Table 6:Europe Space Power Supply Market (by Application), $Thousand, 2023-2034
Table 7:Europe Space Power Supply Market for Satellite (by Orbit), $Thousand, 2023-2034
Table 8:Europe Space Power Supply Market for Satellite (by Satellite Type), $Thousand, 2023-2034
Table 9:Europe Space Power Supply Market (by Component Type), $Thousand, 2023-2034
Table 10:Germany Space Power Supply Market (by Application), $Thousand, 2023-2034
Table 11:Germany Space Power Supply Market for Satellites (by Orbit), $Thousand, 2023-2034
Table 12:Germany Space Power Supply Market for Satellites (by Satellite Type), $Thousand, 2023-2034
Table 13:Germany Space Power Supply Market (by Component Type), $Thousand, 2023-2034
Table 14:France Space Power Supply Market (by Application), $Thousand, 2023-2034
Table 15:France Space Power Supply Market for Satellites (by Orbit), $Thousand, 2023-2034
Table 16:France Space Power Supply Market for Satellites (by Satellite Type), $Thousand, 2023-2034
Table 17:France Space Power Supply Market (by Component Type), $Thousand, 2023-2034
Table 18:U.K. Space Power Supply Market (by Application), $Thousand, 2023-2034
Table 19:U.K. Space Power Supply Market for Satellites (by Orbit), $Thousand, 2023-2034
Figure 1:Europe Space Power Supply Market Scenarios, 2024, 2029, 2034
Figure 2:Space Power Supply Market (by Region), $Thousand, 2024, 2029, and 2034
Figure 3:Europe Space Power Supply Market (by Application), $Thousand, 2024, 2029, and 2034
Figure 4:Europe Space Power Supply Market (by Orbit), $Thousand, 2024, 2029, and 2034
Figure 5:Europe Space Power Supply Market (by Satellite Type), $Thousand, 2024, 2029, and 2034
Figure 6:Europe Space Power Supply Market (by Component Type), $Thousand, 2024, 2029, and 2034
Figure 7:Space Power Supply Market, Recent Developments
Figure 8:Supply Chain of Space Power Supply Market
Figure 9:Space Power Supply Market (by Country), January 2022-December 2024
Figure 10:Space Power Supply Market (by Company), January 2022-December 2024
Figure 11:Estimated Satellites in Space
Figure 12:Germany Space Power Supply Market, $Thousand, 2023-2034
Figure 13:France Space Power Supply Market, $Thousand, 2024-2034
Figure 14:U.K. Space Power Supply Market, $Thousand, 2024-2034
Figure 15:Russia Space Power Supply Market, $Thousand, 2024-2034
Figure 16:Rest-of-Europe Space Power Supply Market, $Thousand, 2024-2034
Figure 17:Strategic Initiatives, 2022-2025
Figure 18:Share of Strategic Initiatives, 2022-2025
Figure 19:Data Triangulation
Figure 20:Top-Down and Bottom-Up Approach
Figure 21:Assumptions and Limitations
Europe Space Power Supply Market Report Coverage
|
Europe Space Power Supply Market |
|||
|
Base Year |
2023 |
Market Size in 2024 |
$639,582.3 Thousand |
|
Forecast Period |
2024-2034 |
Value Projection and Estimation by 2034 |
$954,661.1 Thousand |
|
CAGR During Forecast Period |
4.09% |
|
|
Key Market Players and Competition Synopsis
Profiled companies have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.
Some prominent names established in this market are:
• AZUR SPACE Solar Power GmbH
• CESI S.p.A.
• S.A.B. Aerospace Srl
• AIRBUS
• Saft
How can this report add value to the Organization ?
Product/Innovation Strategy: The product segment helps the reader understand the different types of products available in European region. Moreover, the study provides the reader with a detailed understanding of the different space power supply products based on applications and products.
Growth/Marketing Strategy: The Europe space power supply market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been synergistic activities to strengthen their position in the space power supply market.
Competitive Strategy: Key players in the Europe space power supply market have been analyzed and profiled in the study of space power supply products. Moreover, a detailed competitive benchmarking of the players operating in the space power supply market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Introduction to Europe Space Power Supply Market
The Europe space power supply market is estimated to reach $954,661.1 thousand by 2034 from $639,582.3 thousand in 2024, at a growth rate of 4.09% during the forecast period 2024-2034. The market for space power supplies in Europe includes a broad range of technologies that are necessary for operating satellites, spacecraft, and orbital platforms, such as solar power systems, improved batteries, energy storage solutions, and power management units. This industry is developing quickly to serve Europe's growing space ambitions, driven by the growing requirement for reliable, efficient, and autonomous power sources. In order to power both commercial and scientific space activities, European missions are depending more and more on robust energy designs, lightweight storage technologies, and high-efficiency solar arrays. To fulfil mission-specific needs and sustainability goals, regional giants like Thales Alenia Space and Airbus Defence and Space, as well as up-and-coming entrepreneurs, are making significant investments in next-generation power technology. The market is also influenced by EU-backed projects and ESA programs that foster innovation and competitiveness, with a particular emphasis on energy optimisation, mission longevity, and technological sovereignty. The market for space power supplies in Europe is responding to the growing need for deep space exploration, communication, and Earth observation by providing sophisticated and scalable solutions that support the continent's strategic objectives in satellite services and space exploration.
Market Introduction
The market for space power supplies in Europe is a vital component of the region's expanding footprint in orbital services, satellite deployment, and space exploration. Satellites, deep space probes, crewed missions, and space infrastructure all depend on power supply systems, which include solar arrays, batteries, fuel cells, and power management electronics. The need for dependable, effective, and long-duration power solutions is growing as the European space industry expands quickly due to the efforts of both private space enterprises and government organisations like the European Space Agency (ESA).
European firms are developing lightweight, radiation-resistant, and high-efficiency systems to fulfil the needs of next-generation satellites, CubeSats, and deep space missions. Energy storage and power regulation technology innovation is being funded by programs like Horizon Europe and ESA's Advanced Research in Telecommunications Systems (ARTES) program. There is a tremendous push for solar electric propulsion and other clean energy systems as sustainability and mission autonomy gain importance.
Europe's strategic goal of achieving space autonomy, lowering dependency on foreign technologies, and retaining its position as a leader in satellite-based services further shapes the market. Underpinned by innovation, cooperation, and growing mission demands, the European space power supply market is set for substantial expansion despite obstacles including high development costs and complicated regulations.
Market Segmentation
Segmentation 1: by Application
• Satellites
• Space Exploration and Deep-Space Missions
o Land
o Rover
o Orbiter
• Space Stations and Habitats
• Launch Vehicles
o Small and Medium-Lift Launch Vehicles
o Heavy and Super Heavy-Lift Launch Vehicles
Segmentation 2: by Satellite Orbit
• Low Earth Orbit (LEO) Satellites
• Geostationary Earth Orbit (GEO) Satellites
• Medium Earth Orbit (MEO) Satellites
• Beyond Earth Orbit Satellites
Segmentation 3: by Satellite Type
• Small Satellites (CubeSats, NanoSats) (1-10 kW)
• Medium Satellites (10-15 kW)
• Large Satellites (Above 15 kW)
Segmentation 4: by Component Type
• Solar Power Systems
o Solar Cells
o Solar Array/Panel
• Battery Systems
• Power Management and Distribution (PMAD) Systems
Segmentation 5: by Country
• Germany
• France
• U.K.
• Russia
• Rest-of-Europe
Europe Space Power Supply Market Trends, Drivers and Challenges:
Trends
• Growing deployment of small satellites and CubeSats increasing demand for compact power systems
• Advancements in solar array efficiency and lightweight battery technologies
• Rising use of electric propulsion systems requiring high-performance power management
• Increased integration of AI and digital twins for power system monitoring and optimization
• Expansion of commercial space missions and private space companies in Europe
• Focus on modular, scalable power systems for versatile satellite platforms
Drivers
• Strong support from ESA and national space programs for deep space and Earth observation missions
• Rising demand for satellite-based services (telecom, navigation, remote sensing)
• EU investment in space innovation through Horizon Europe and other funding programs
• Strategic focus on space autonomy and reducing reliance on non-EU supplier
• Technological progress in energy storage, power conditioning, and thermal management
Challenges
• Engineering trade-offs between power output, mass, and thermal constraints
• Harsh space environment requiring radiation-hardened and long-duration components
• Limited supply chain for space-qualified materials and electronics within Europe
• High development costs and long certification timelines
• Complexity in adapting power systems to diverse mission profiles and orbital environments
Europe Space Power Supply Market
Focus on Application, Product, and Country Level Analysis - Analysis and Forecast, 2024-2034
Some Faq's
Frequently Asked Questions
The Europe space power supply market is estimated to reach $954,661.1 thousand by 2034 from $639,582.3 thousand in 2024, at a growth rate of 4.09% during the forecast period 2024-2034.
European agencies ensure the reliability of power systems for deep space missions through rigorous testing, radiation-hardened components, and redundancy in design. ESA and partner organizations enforce strict qualification standards, simulate harsh space environments, and collaborate with industry leaders to develop robust, long-duration energy solutions tailored for interplanetary and extended orbital missions.
Key challenges in developing lightweight, efficient space power systems in Europe include stringent mass and volume constraints, the need for high radiation tolerance, limited availability of space-grade materials, and ensuring long-term reliability. Balancing performance with durability while meeting European regulatory and mission-specific requirements adds further complexity to system design and production.
Companies developing space power supply, battery manufacturers, government and regulatory bodies, R&D institutions, and satellite providers should buy this report.
The given industries can be seen as some of the USPs of the report:
• A qualitative and quantitative analysis of the space power supply market based on product
• Trend and challenge analysis of different countries
• A detailed company profile comprising established players and some startups that are capable of significant growth, along with an analyst view
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