Moon-Based Solar Power Array Global Market Report 2025

The moon-based solar power array market size has grown exponentially in recent years. It will grow from $1.04 billion in 2024 to $1.27 billion in 2025 at a compound annual growth rate (CAGR) of 21.5%. The growth in the historic period was driven by increasing focus on lunar-based disaster recovery power systems, rising interest in energy independence from Earth-based resources, growing studies of lunar polar regions for optimal solar exposure, exploration of solutions for energy continuity during the lunar night, and initiatives to diversify the space industry through lunar energy projects.

The moon-based solar power array market size is expected to see exponential growth in the next few years. It will grow to $2.73 billion in 2029 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period is driven by rising investment in space-based renewable energy projects, growing government funding for lunar exploration programs, increasing demand for sustainable energy in space missions, expanding international collaboration for lunar infrastructure, and advancements in wireless power transmission technologies. Key trends in the forecast period include development of wireless power transmission systems, improvements in photovoltaic cell efficiency, innovations in lunar dust mitigation methods, integration of artificial intelligence for energy optimization, and advancement of modular solar array designs.

The increasing investments in space technology are expected to drive the growth of the moon-based solar power array market in the coming years. Investments in space technology refer to the financial resources allocated by governments, agencies, or private organizations to develop, enhance, and deploy innovations that support space exploration, infrastructure, and commercialization. Rising investments in space technology are largely driven by the growing demand for satellite-based services, which offer critical benefits in communication, navigation, and Earth observation, leading to consistent funding and innovation. These investments accelerate the adoption of moon-based solar power arrays by advancing infrastructure, materials, and energy systems essential for scalable and sustainable extraterrestrial energy applications. For example, in March 2022, NASA’s FY 2023 Budget Request allocated $1.438 billion to its Space Technology budget, marking a 30.7% increase from FY 2022. This funding supports continued advancements in space exploration and energy systems, which are key to driving the growth of the moon-based solar power array market.

Companies in the moon-based solar power array market are focusing on vertical solar array systems to maximize energy capture in low-sunlight conditions, ensuring a continuous power supply at the lunar poles. Vertical solar array systems are designed to stand upright on the lunar surface, allowing them to capture sunlight from low angles. For instance, in September 2022, Astrobotic Technology, a US-based space robotics company, introduced LunaGrid, a commercial power generation and distribution service for the lunar poles. The system incorporates Vertical Solar Array Technology (VSAT), wireless chargers, and tethered CubeRovers to provide reliable solar power to landers, rovers, habitats, and science systems on the Moon. By enabling lunar night survival and long-term operations, LunaGrid represents a scalable approach to building sustainable extraterrestrial energy infrastructure in the moon-based solar power array market.

In January 2022, Blue Origin, a US-based commercial spaceflight company, acquired Honeybee Robotics to expand its space capabilities. The acquisition aims to enhance Blue Origin’s technological expertise in planetary robotics and space mechanisms, which are vital for supporting the company’s vision of advancing space exploration and resource utilization. Honeybee Robotics is a leading provider of advanced robotic systems, including lunar array mast and power systems (LAMPS), designed for lunar and Martian exploration.

Major players in the moon-based solar power array market are The Boeing Company, Airbus SE, Lockheed Martin Corporation, Northrop Grumman, Mitsubishi Electric, National Aeronautics and Space Administration (NASA), Thales Group, L3Harris Technologies, Shimizu Corporation, Blue Origin, Sierra Space, Rocket Lab, Redwire, Azur Space Solar Power GmbH, Astrobotic Technology, Solestial, Outward Technologies (Blueshift LLC), Solar Group Holdings Ltd., Solaren Corporation, and Solar Moon Analytics.

North America was the largest region in the moon-based solar power array market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in moon-based solar power array report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

The moon-based solar power array market research report is one of a series of new reports that provides moon-based solar power array market statistics, including moon-based solar power array industry global market size, regional shares, competitors with a moon-based solar power array market share, detailed moon-based solar power array market segments, market trends and opportunities, and any further data you may need to thrive in the moon-based solar power array industry. This moon-based solar power array market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A moon-based solar power array is a large-scale space infrastructure system constructed on the lunar surface that uses expansive networks of photovoltaic panels or other advanced solar energy collection technologies to capture and convert continuous sunlight into electrical power. This energy is then transmitted to Earth or space-based facilities through high-efficiency wireless energy transfer methods. Such arrays are envisioned as strategic solutions for providing uninterrupted, sustainable, and large-capacity energy to support terrestrial or extraterrestrial operations, reduce reliance on finite resources, and enhance global energy security.

The primary components of a moon-based solar power array are solar panels, power transmission systems, energy storage, control systems, and others. Solar panels convert sunlight on the lunar surface into electrical energy for transmission to Earth or lunar installations. The technologies applied include photovoltaic, concentrated solar power, and hybrid approaches, which can be deployed in permanent or temporary forms. These systems serve applications such as energy generation, space missions, lunar habitats, and satellite power, with end-users including government and space agencies, commercial enterprises, research institutions, and others.

The countries covered in the moon-based solar power array market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The moon-based solar power array market consists of sales of structural support frameworks, solar tracking mechanisms, and advanced monitoring and diagnostic systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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